Topicus and Five Degrees Disrupt the Financial Industry with Cutting-edge Banking Technology Stacks
- 3 years 3 months ago
- Banking
Following the successful acquisition of Five Degrees by Topicus, the combined force will offer turn-key banking tech-stacks that challenge technology providers incumbent to the sector. Topicus and Five Degrees vocalized their ambition at the Five Degrees offices during a recent networking event. The event featured Sabyasachi Sengupta of ABN AMRO Bank as keynote speaker and Topicus CEO Daan Dijkhuizen elaborating on the strategic direction.
Canadian Tire Bank Expands Relationship with Temenos and Moves to Temenos Banking Cloud
- 3 years 3 months ago
- Banking
Temenos today announced that Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation (CTC) – one of the largest Canadian retail companies – will adopt Temenos Banking Cloud to accelerate its core modernization.
Euromoney Names Santander “Best Bank in the World” for SMEs, Financial Inclusion and Emerging Markets
- 3 years 3 months ago
- Banking
Santander has received three global awards for the first time at the 2023 Euromoney Awards for Excellence: ‘World’s Best Bank for SMEs’; ‘World’s Best Bank for Financial Inclusion’ and ‘World’s Best Bank for the Emerging Markets’.
Qualtik and Linedata Join Forces to Empower the Banking Industry
- 3 years 3 months ago
- Banking
Linedata, a global provider of asset management and credit technology, data, and services, announces today its strategic partnership with Qualtik, a US-based provider of stress testing tools for commercial loans. This collaboration marks a significant step towards empowering banks to effectively manage risk and gain valuable insights, enabling them to optimize resources and navigate challenging times successfully.
Digital Transformation a Defining Factor in Banks’ Employee Retention and Future Stability, New Study Reveals
- 3 years 3 months ago
- Banking
Banks’ digital transformation progress is vital to the retention of their product teams, it has been revealed, with 94% of product managers admitting they would leave their current position to work for a competitor bank with better technology and 92% claiming they would leave for a bank with more ambitious transformation goals.
IBS Intelligence Recognizes Temenos as the #1 Best-selling Banking Software Across Eight Categories; the Highest Awarded to Any Technology Provider
- 3 years 3 months ago
- Banking
Temenos has been recognized as the global market leader by IBS Intelligence in the IBSi Sales League Table (SLT) 2023 for Core Banking, Digital Banking and Channels, Payments, Treasury and Risk Management and Islamic Banking for core and risk management.
Furness Building Society to Transform Savings Offering with Backbase-powered Digital Platform
- 3 years 3 months ago
- Banking
Furness Building Society (FBS), the member-owned building society, announced that it has partnered with Backbase, the leading global Engagement Banking Platform provider, to develop its new digital savings platform.
Azentio Software and Nityo Infotech Partner to Optimize IT ROI for BFSI Organizations
- 3 years 3 months ago
- Banking
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, and Nityo Infotech, a global IT services company, today announced a formal partnership aimed at providing innovative and comprehensive technology solutions to the Banking, Financial Services & Insurance (BFSI) industry.
HSBC Becomes First Bank to Join the UK’s Pioneering Commercial Quantum Secure Metro Network
- 3 years 3 months ago
- Banking
HSBC is the first bank to join BT and Toshiba’s quantum-secured metro network - connecting two UK sites using Quantum Key Distribution (QKD) to prepare its global operations against future cyber threats. This technology will be trialled in multiple scenarios, including financial transactions, secure video communications and one-time-pad encryption, as well as AWS edge computing capabilities using an AWS Snowball Edge device.
ESG and Customer Experience: New Study Reveals Priorities of European Banks, Wealth and Asset Managers
- 3 years 3 months ago
- Banking
The financial sector in Europe is undergoing a profound transition. The war in Ukraine, high inflation and the threat of recession have put pressure on the profitability of players. The figures speak for themselves: over 52 percent of the banks and wealth managers surveyed stated that they intend to tackle full-spectrum digitisation projects within the next two years in order to remain competitive. While more than 40 percent are already working... more
Saxo Bank Announces Sale of Fintech Joint Venture to Geely Group, Receiving Saxo Bank Shares in Return
- 3 years 3 months ago
- Banking
Strengthening its focus on core business and markets, Saxo Bank divests its stake in Saxo Geely Tech Holding A/S (Saxo Fintech) with the sale to Geely Group and receives Saxo Bank shares as part of the transaction. After a process of diligent evaluation and strategic assessment, Saxo Bank can today announce the sale of its stake in the joint venture Saxo Geely Tech Holding A/S (Saxo Fintech) to Geely Group.
European Investment Fund (EIF) and SME Bank Partner on €157M SME Financing Package
- 3 years 3 months ago
- Banking
SME Bank, the neobank startup that offers banking and financial services specifically for small- and medium-sized enterprises, has signed a new partnership contract with the European Investment Fund (EIF) unlocking €157 million in loans (€65 million of which has already been financed) to foster growth and development among SMEs across the Baltics, Finland, and the Netherlands.
Mascoma Bank Partners with VSoft & Implements its OnView Deposit Suite
- 3 years 3 months ago
- Banking
VSoft Corporation, a global leader in providing information and technology solutions for financial institutions, announced today that Mascoma Bank has chosen to implement the company’s OnView Deposit product suite, which includes its Teller Deposit, Branch Deposit, and ATM Deposit solutions.
Natwest Launches Business Banking Switcher Offer For SMEs
- 3 years 3 months ago
- Banking
NatWest, the UK’s biggest bank for business, is offering 24 months of free business banking to UK businesses switching their main business banking account to NatWest. The new SME switcher offer from NatWest for businesses with up to £2m in turnover comes at a time when customers could benefit from a reduction or break in their banking fees.
Natwest and WWF Announce Strategic Partnership for Uk Food and Agriculture
- 3 years 3 months ago
- Banking
NatWest, the UK’s number one commercial bank, and WWF, the world’s leading independent conservation organisation, have announced a new strategic partnership to support a sustainable transition for the UK food and agricultural sectors.
