High-Street Struggles to Meet Demand of Time-Poor and Tech-savvy Shoppers
- 8 years 6 months ago
- Retail Banking
With Black Friday fast approaching and marking the start of the busiest shopping period of the year, new research from Barclaycard has revealed that frustrated consumers are turning their backs on the high street. As a result, retailers are facing growing pressure to improve their in-store experience, or risk losing out on sales.
Credit Union Named 2016 Best Overall Online Banking
- 8 years 6 months ago
- Online Banking
Navy Federal Credit Union was named the “2016 Best Overall Online Banking Leader,” according to Javelin Strategy & Research.
Path Solutions Named Best Technology Solutions Provider to Islamic Microfinance by AlHuda CIBE
- 8 years 6 months ago
- Islamic Finance
Pakistan-based AlHuda CIBE has conferred the “Best Technology Solutions Provider to IMF 2016” award to Path Solutions for promoting global financial inclusion and demonstrating exemplary social responsibility towards a sustainable financial system. The award was granted to Path Solutions after a rigorous evaluation of a record number of nominations by an internal research team and an award committee at AlHuda CIBE.
Citi Unveils Global API Developer Portal to Enable Open Banking
- 8 years 6 months ago
- Banking
Citi announced the launch of a new global API Developer Portal (developer.citi.com) to rapidly connect with developers and enable them to build innovative client solutions faster than ever before. The global developer platform is one of the most comprehensive to date in the financial services industry.
Alibaba Group Generated USD 7 Billion of GMV within the First Two Hours of the 2016 11.11 Global Shopping Festival
- 8 years 6 months ago
- Retail Banking
Alibaba Group Holding Limited (NYSE: BABA) announced that more than USD 7 billion (RMB 47.5 billion) of gross merchandise volume (GMV) was settled through Alipay on Alibaba’s China and international retail marketplaces within the first two hours of the 2016 11.11 Global Shopping Festival.
Cinnober Expands Investment in Real-Time Clearing For Banks
- 8 years 6 months ago
- Banking
The Board of Cinnober has decided to further develop its business area for sales of real-time clearing technology and services to large international banks, so-called client clearing. To focus fully on this venture, Cinnober will transfer the rights to this technology to a subsidiary, which will further commercialize the offering.
JMP Securities and European Investment Bank Bryan Form Strategic Partnership
- 8 years 6 months ago
- Transaction Banking, Investment Management, Banking
JMP Group LLC, an investment banking and alternative asset management firm, announced today that JMP Securities has entered into an agreement with Bryan, Garnier & Co, a leading European full-service investment bank, to partner on the origination and execution of cross-border mergers and acquisitions, strategic advisory mandates and public and private capital-raising transactions.
Intesa Sanpaolo Selects Gemalto to Accelerates Digital Banking Transformation
- 8 years 6 months ago
- Banking
Gemalto,the world leader in digital security, is continuing its support for the digital transformation of Intesa Sanpaolo, Italy's most popular retail bank, by supplying its Allynis PIN by e-Channel solution that enables PIN delivery via SMS, web or their mobile banking app.
Tesco Bank Attacks Update Statement
Benny Higgins, Chief Executive, Tesco Bank said: “Tesco Bank can confirm that, over the weekend, some of its customers’ current accounts have been subject to online criminal activity, in some cases resulting in money being withdrawn fraudulently.
Gemalto signs Italy’s largest retail bank
Gemalto (Euronext NL0000400653 GTO),the world leader in digital security, is continuing its support for the digital transformation of Intesa Sanpaolo, Italy's most popular retail bank, by supplying its Allynis PIN by e-Channel solution that enables PIN delivery via SMS, web or their mobile banking app.
GE Completes Spin off and Demerger of Bank BPH Core Bank to Alior Bank
- 8 years 6 months ago
- Banking, Core Banking
GE (NYSE:GE) announced that today it has completed the spin-off and merger of Bank BPH’s Core Bank (WSE:BPH) to Alior Bank (WSE:ALR), representing aggregate ending net investment (ENI) of approximately $3.6 billion at the end of the third quarter 2016. GE Capital retains the Bank BPH legal entity, including its mortgage business, representing aggregate ENI of approximately $4.1 billion.
Online Lender Spotcap Expands into the UK Market
- 8 years 6 months ago
- Alternative Finance
Two years after its launch, online lender Spotcap is expanding into the UK market, providing flexible and accessible funding solutions to small and medium-sized enterprises (SMEs). Spotcap provides SMEs with credit lines and business loans of up to £150,000 through an online application process. While traditional lenders make credit decisions based on historical financials and old-fashioned credit scoring, Spotcap uses a unique, proprietary... more
Citibank Reveals Touch ID Sensor Authentication
- 8 years 6 months ago
- Banking, Authentication Technology
Citibank announces the launch of Touch ID Sensor authentication service in Hong Kong, allowing for a full suite of mobile banking services, including transaction, investment and enquiry, to be performed via its Citi Mobile® App on the iOS platform with iPhone 5s or later models1. Clients can now log on to the mobile banking app on their iPhone devices with their unique fingerprints and enjoy a faster, more convenient and secure mobile banking... more
Citi Releases Ability to Dispute a Charge Within Mobile App
- 8 years 6 months ago
- Banking
Citi credit cardmembers have the ability to quickly and easily dispute certain posted charges directly within the Citi Mobile App for iPhone in the U.S. The new feature is designed to provide increased peace of mind to consumers and infuse simplicity and transparency within an often emotional process.
