Banking

VERMEG extends partnership with Santander as the global bank selects MEGARA as its post-trade processing system in Brazil

VERMEG, the banking and insurance software solutions specialist, announced that its state-of-the-art Securities and Custody solution “Megara” went live at Santander Securities Services Brazil (S3 Brazil) on July 2019. S3 Brazil will be serviced from VERMEG’s newly opened offices in Brazil. VERMEG acts as a global partner for Santander Securities Services which uses VERMEG’s Megara post-trade processing software across multiple territories. Read more »

Identitii Selected by ACCC to Test Open Banking Data Ecosystem

Identitii Limited , the FinTech reducing last mile payment hold ups for banks and corporates, announces it has been selected by the Australian Competition and Consumer Commission (ACCC) as one of just ten companies to test the Consumer Data Right (CDR) ecosystem. The CDR ecosystem will enable Australia’s incoming open banking regime which goes live from February 2020. Read more »

Temenos completes acquisition of Kony the US #1 digital banking SaaS company

Temenos (SIX: TEMN), the banking software company, today announced that the acquisition of Kony Inc, the fast growing US #1 digital banking SaaS company has now closed.  The acquisition will accelerate Temenos’ US presence and strengthen Temenos Infinity, the breakthrough digital banking product. Thomas E. Hogan, Chairman and CEO of Kony, is appointed President of Temenos North America and joins Temenos’ Executive Committee, with immediate... more Read more »

Deutsche Bank uses Distributed Ledger Technology to provide global beneficial ownership transparency

Deutsche Bank Securities Services has successfully piloted a solution using distributed ledger technology (DLT) to enable further automation of custodial services. The solution addresses the transparency requirements within many custodial services, such as around the tax processing of asset holdings at an ultimate beneficial owner level, and streamlines complex data and reconciliation processes for both the bank and its clients. Read more »

The annual conference helping to shape the bank branch for the next generation

RBR’s industry-leading Branch Transformation 2019 conference and expo returns to London on 19th and 20th November for its tenth edition, offering an opportunity to learn from some of the world’s most innovative banks Santander, Citibank, ING, Lloyds Banking Group, BNP Paribas and Sberbank will be among the institutions sharing their insights and expertise with delegates at the Branch Transformation 2019 conference in London this autumn. How can... more Read more »

Gresham and AccessPay partnership to accelerate global adoption of Clareti Multi Bank services

Gresham Technologies plc, the leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management, today announced a partnership with AccessPay, significantly enhancing its market-leading Clareti Multi-Bank cloud-based solution with connectivity to AccessPay’s enterprise-to-bank integration platform. Read more »

BNY Mellon, SWIFT and Microsoft Turn Cloud-Based Messaging Concept into Reality During Sibos 2019 Conference

SWIFT and Microsoft collaborated with Bank of New York Mellon Treasury Services, the first bank to execute a real-time payment (RTP) transaction in the US, to complete the test transaction validating their new Cloud Connect payments capability for banks, financial institutions and enterprises. Bank of New York Mellon executed the payment for Microsoft’s Treasury Department, confirming the Cloud Connect proof of concept unveiled at Sibos last... more Read more »

BNG Bank Unveiled as Wolters Kluwer’s First OneSumX SaaS Regulatory Reporting Client

Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has signed its first client for its recently launched software-as-a-service (SaaS) Regulatory Reporting solution. BNG Bank, which is partiually owned by the State of the Netherlands, will use the solution to automate its regulatory reporting processes and to better ensure reconciliation of reporting between the bank’s own functional departments. Read more »

ICICI Bank UK PLC launches instant current account opening for mobile platforms

ICICI Bank UK PLC has announced the launch of a digital account opening facility that allows customers to open a personal current account instantly using the Bank’s mobile application. The first-of-its-kind service by an Indian bank in the United Kingdom (UK), it enables Non-Resident Indians (holding an Indian or British passport) and expatriate Indians (holding an Indian passport) and moving to the UK for work, to open a current account. Read more »

National Bank of Canada and CGI team up to enhance the bank’s payments ecosystem

CGI (TSX: GIB.A)(NYSE: GIB) has been awarded a contract by National Bank of Canada (NBC) to implement All Payments (APS) as its payments hub solution. Under the agreement, NBC will deploy new technology in preparation for its adoption of Payments Canada regulatory changes. The modernized payments ecosystem will increase the bank’s straight-through processing (STP), improveoperational efficiencies and allow more flexibility in the bank’s product... more Read more »

Form3 announces the creation of its International Payments business

Form3, the leading provider of cloud-native API payments technology today announced the creation of its International Payments Business, a new initiative by Form3 to give financial institutions servicing consumers and SMEs access to low cost payments and FX services, utilising its API technology. Read more »

BIAN launches ‘Coreless Bank’ initiative with 6 major global banks

The independent not-for-profit standards association, BIAN (Banking Industry Architecture Network), today launched its ‘Coreless Bank’ initiative. Read more »

PEPPER, mobile-only challenger bank, introduces a revolution in online trading

Pepper, Bank Leumi's mobile-only challenger bank, today launched a revolutionary new investment app, Pepper Invest. It enables customers to buy fractional shares in some 100 shares of top US companies (traded on the S&P 100 index), such as Facebook, Apple, Amazon, Coca-Cola, Ford, Starbucks, Goldman Sachs, Nike and Netflix, with a minimum investment amount of NIS 50. Read more »

Commerzbank among the founding signatories of the UN Principles for Responsible Banking

Commerzbank is one of the founding signatories of the new Principles for Responsible Banking. These have been developed by the United Nations Environment Programme Finance Initiative (UNEP FI) in collaboration with several international financial institutions, and were officially launched at the start of the UN General Assembly in New York yesterday. Under these principles, 130 banks worldwide have undertaken a voluntary commitment to make the... more Read more »

SWIFT enables payments to be executed in seconds

SWIFT today announces the launch of a new service to deliver global instant payments by integrating gpi, the cross-border payments service with real-time service levels, into domestic instant payments systems around the world. Through a combination of gpi and domestic real-time payments networks, SWIFT, together with gpi banks, will facilitate instant international payments with up-front fee and Foreign Exchange transparency for senders, while... more Read more »

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