Banks Cutting Business Lending Following Brexit Damaging SMEs
- 8 years 10 months ago
- Banking
Virgin Money’s announcement that it has shelved plans to move into business banking due to economic uncertainty following Brexit sent shockwaves through the banking and SME sector on Wednesday. This, coupled with a letter issued by Royal Bank of Scotland and NatWest to their 1.3 million business customers warning if the Bank of England reduces the already low (0.5%) base interest rate, businesses would be charged to deposit money at the bank,... more
Banking Industry Fights Back Against Cyber-Fraud
Cyber-attacks are a daily occurrence, with bank websites being one of the prime targets. An industry-led consortium of major banking associations is helping banks fight back with a new secure extension reserved exclusively for banks, appropriately called .BANK
Path Solutions Named ‘Islamic Finance Technology Provider of the Year’ at the 2016 IFFSA Awards
- 8 years 10 months ago
- Islamic Finance
Path Solutions, the global Islamic banking software and services company is pleased to announce it has won the gold award for ‘Islamic Finance Technology Provider of the Year’ at the 2016 IFFSA Awards. Following the conclusion of the inaugural IFFSA (Islamic Finance Forum for South Asia) which was held on 26th & 27thof July 2016 in Sri Lanka, the winners of the IFFSA Awards were announced during an award gala dinner in the evening of 27th ... more
SoftBank Releases Second Round of 'SoftBank Innovation Program'
- 8 years 10 months ago
- Banking, IT Innovations
SoftBank Corp. (“SoftBank”), a subsidiary of SoftBank Group Corp. (TOKYO:9984), today announced that it launched a second round for its ‘SoftBank Innovation Program’, a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization.
Frontier Bank Selects Banc Intranets' DirectorsLink
- 8 years 10 months ago
- Banking, Infrastructure
Banc Intranets, a provider of secure, web-based enterprise content management solutions for financial institutions, announced that Frontier Bank of Texas has selected DirectorsLink® web-based board portal to increase savings and strengthen director oversight.
Baker Hill Introduces Launch AppGen™ to Accelerate Loan Applications on Personal Devices
- 8 years 10 months ago
- Alternative Finance
Baker Hill, a leading provider of technology solutions for common loan origination, relationship management and smart data analytics, announced the upcoming launch of AppGen™, which allows consumers and small businesses to apply for credit cards and loans from any locat
Path Solutions' Chairman & CEO Receives Honorary Leadership Award in Islamic Finance
- 8 years 10 months ago
- Islamic Finance
Path Solutions, the leader in Sharia-compliant technology-enabled solutions and services for the Islamic finance industry, today announced that Mohammed Kateeb, the company’ Group Chairman & CEO was recognized by IFFSA with the 2016 Honorary Leadership Award in Islamic Finance.
Q2 Partners with MX Release Q2 Contextual Personal Financial Management
- 8 years 10 months ago
- Banking, Infrastructure
Q2 Holdings in partnership with MX, a pioneer in data-driven money management, today announced the release of its newest digital banking product, Q2 Contextual Personal Financial Management (PFM), an embedded banking experience
Token Opens Office in London to Answer Demand from European Banks
- 8 years 10 months ago
- Banking, Infrastructure
Token, Inc., a new crypto-payment network and API ecosystem that enables European banks to monetise their investment in PSD2, today announces the opening of a new office in London. Following Token’s launch in June, the new office has been quickly established in response to market demand from banks seeking to trial Token’s revolutionary digital payment rail.
GFT Collaborates with Saxo Bank in Execution of its Global Transformation Strategy
- 8 years 10 months ago
- Banking, Infrastructure
GFT, the global provider of advisory, business consulting, IT and software services to the financial services community, has announced a collaboration with Saxo Bank, a leading player in global online trading and investment.
CIMA: Management Controls: The Solution for Banks in Iceland and Denmark
- 8 years 10 months ago
- Banking, Accounting
New research from The Copenhagen Business School and Reykjavik University and sponsored by the Chartered Institute of Management Accounting (CIMA) examines how banks in Iceland and Denmark responded to the 2008 financial crisis. The report, Financial crisis and changes in management controls in Banks, concluded that while Icelandic banks’ reactions were geared towards survival, their Danish counterparts largely focussed on improving their... more
AXA, Alibaba and Ant Financial Services Sign Strategic Partnership
- 8 years 10 months ago
- Retail Banking, Infrastructure
AXA, Alibaba and Ant Financial Services have agreed to engage in a global strategic partnership to jointly explore opportunities to distribute AXA’s insurance products and services through Alibaba’s global ecommerce ecosystem, benefitting the businesses and consumers that transact via Alibaba’s marketplaces. The companies will seek to work together to co-innovate and to develop value-added products and services to customers around the world as... more
TPBank of Vietnam signs Diasoft to provide world class banking solutions
- 8 years 10 months ago
- Banking
Aspect Software: Mobile Banking is a Core Focus for Challenger Banks
- 8 years 10 months ago
- Mobile Banking
Challenger banks and building societies are redoubling their mobile banking efforts in a bid to take market share from the Big Four (Barclays, HSBC, Lloyds and RBS), according to new research from Aspect Software.
Wirefund Goes Live to Drive the Growth of British Business
- 8 years 10 months ago
- Alternative Finance
Wirefund, a provider of quick and simple business loans, today launches in the UK. Created to improve the flow of British business, Wirefund will provide loans to help protect and grow small and medium sized companies by keeping their cash flowing.
