Banking

ICSFS Recognised for its Core Banking Implementation by IBSI

IBS Intelligence recognised  ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, for its Core Banking Implementation during its IBS Intelligence Global FinTech Innovation Awards 2019. Read more »

Over half of ATMs to offer automated deposit by 2024

Banks around the world continue to upgrade their self-service estates to meet increasing customer demand for efficient, real-time deposit transactions Automated deposit terminals are becoming indispensable at bank branches globally Read more »

Union Bank© Partners with FIS for Next Generation Banking Technology

 Union Bank and global technology leader FIS™ (NYSE: FIS) today announced a cooperative agreement to deliver a next-generation core banking platform to power the bank through its next iteration of digital offerings. Read more »

Temenos reaches major milestone with the roll-out of Temenos Transact microservices architecture

Temenos (SIX: TEMN), the banking software company, announced that it has reached a major milestone in the delivery of its microservices-based architecture for cloud-native, cloud-agnostic Temenos Transact. This unlocks the potential for Tier 1 banks to strategically transform their core banking systems at scale. Read more »

Broadridge Accelerates Hybrid Cloud Strategy with IBM Services to Drive Next-Gen Capabilities for Clients

Broadridge Financial Solutions, Inc. [NYSE:BR], a global Fintech leader and part of the S&P 500® Index, and IBM Services [NYSE:IBM], today announced an agreement to bring new cloud-based solutions to Broadridge’s clients in the financial services industry. As part of this strategic collaboration, Broadridge will create The Broadridge Private CloudTM powered by IBM and will transition a significant portion of its global infrastructure to IBM. Read more »

BNY Mellon announces innovative suite of services to deliver greater NAV oversight and contingency for the investment industry

The Bank of New York Mellon Corporation (“BNY Mellon”) today announced a new suite of oversight and contingent Net Asset Value (NAV) calculation solutions to complement its existing fund accounting capabilities for clients. These new services are designed to drive greater transparency, efficiency and risk management for asset managers and asset owners. BNY Mellon’s new NAV offerings, which are platform and provider agnostic, set a new industry... more Read more »

Temenos delivers industry first Banking Distribution Services in Temenos Infinity – a set of cloud based microservices

Temenos, the banking software company, announced that it has delivered new industry first Banking Distribution Services as part of the award-winning Temenos Infinity digital front-office banking product. Temenos Infinity is the first core-agnostic product to give banks the ability to continuously transform at scale, creating AI-driven customer experiences. Read more »

Backbase Debuts ‘Backbase-as-a-Service’ to Help Banks Innovate at Scale & Remove Infrastructure Hurdles

Digital banking software provider, Backbase, has today announced the launch of its next generation Backbase-as-a-Service. This managed cloud platform service covers Backbase’s entire portfolio of banking products, helping banks to innovate with speed whilst reducing their costly operational hurdles. Read more »

ZA Bank - the First Virtual Bank in Hong Kong to Launch Pilot Trial

ZA Bank Limited (“ZA Bank”) announced today the launch of its pilot trial (“ZA Bank Pilot”) to offer banking services to selected retail banking users in Hong Kong before full business launch to the general public. The pilot trial is conducted under the Fintech Supervisory Sandbox (“FSS”) of the Hong Kong Monetary Authority (“HKMA”). ZA Bank is a wholly-owned subsidiary of ZhongAn Technologies International Group Limited (“ZA”) and is one of the... more Read more »

Starling supercharges its business offer with loans of up to £250,000, overdrafts up to £150,000 and a Business Toolkit

Starling Bank, the leading digital bank, is supercharging its bank accounts for businesses and sole traders with a range of new features, including unsecured loans of up to £250K, an increase in its overdraft limits from £10K to £150K, more competitive overdraft rates and a custom-built tax and financial management Toolkit. As part of the changes, Starling is launching its first paid for features for businesses, providing access to a powerful... more Read more »

LHV becomes the first bank to provide fintechs with access to instant pound and euro payments

LHV, the fintech focused bank and payment services provider, is pleased to announce that it has commenced providing real-time pound payments via the UK’s Faster Payments scheme. As a result, LHV has become the first bank capable of providing real time euro payments via Single Euro Payment Area Instant (‘SEPA Instant’) and processing pound (‘Faster Payments’) payments, giving it a unique competitive advantage and cementing its position as a... more Read more »

Ziraat Participation Bank selects Path Solutions for strategic core banking implementation

 Ziraat Participation Bank in Sudan, a unit affiliated to Ziraat Katilim Bankasi and Ziraat Finans Group, one of largest banking groups in Turkey operating on both Islamic and conventional platforms, has taken the big leap to implement Path Solutions’ multi-award winning iMAL Islamic core banking platform. Read more »

ING opens its new office in Amsterdam

ING today officially opened its new corporate office in Amsterdam. This office is named Cedar and is a central part of Cumulus Park, the recently launched innovation district in the southeast area of Amsterdam. Cedar is one of the five ING office buildings that form Cumulus Park. Next to workspace for ING staff about 20% of the buildings is reserved for collaborative innovation with external parties. Read more »

Silicon Valley Bank Bolsters Specialty Finance Team with Three Senior Hires

Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced three senior hires in its specialty finance group. Emily Barron, former head of finance at Branch International, and Brian Foley, former managing director at Macquarie Group, will be responsible for co-leading warehouse credit solutions across the US. Read more »

BNP Paribas Securities Services Extends Contract with Temenos

Temenos (SIX: TEMN), the banking software company, today announced that BNP Paribas Securities Services has extended its license for Temenos Multifonds Global Accounting and Temenos Multifonds Global Investor. Read more »

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