NatWest reaffirms support for UK businesses by removing monthly current account fee
- 5 years 4 months ago
- Banking
NatWest has today reaffirmed its commitment to supporting UK SMEs by removing the minimum monthly fee from its Business account and launching its free ‘Business Builder’ digital coaching programme for start-ups and entrepreneurs,
Miranda McLean nominated for ‘Woman of the Year – Creditor’
- 5 years 4 months ago
- Banking
Miranda McLean, Senior Director and Global Head of Marketing at Banking Circle has been listed as a finalist in the Women in Credit Awards, from Credit Strategy. Now in their third year, the Women in Credit Awards are the only awards programme dedicated to recognising and championing the inspirational work of women from across the credit and financial services industry. Winners will be announced at a gala dinner hosted by stand-up comedian,... more
Backbase Helps Banks Cut Onboarding Time by 80% and Boost Operational Efficiencies by 30%
- 5 years 4 months ago
- Banking
Backbase, the digital banking software leader, today launches its next generation Onboarding & Origination solution across Retail-, SME/Business- and Corporate Banking and Wealth Management. The modern, turn-key solution allows financial institutions to optimize their customers buying experience, fully digitize onboarding and product origination operations and maximize their business agility.
Banking Competition Remedies enhances Incentivised Switching Scheme Dowries to Encourage Further Switching
- 5 years 4 months ago
- Banking
Banking Competition Remedies Limited (BCR) is today announcing details of enhanced dowries for the lower four bands of the Incentivised Switching Scheme (ISS), and an increase in dowries for loans. This comes having reviewed performance of the Scheme as a whole and discussed this with RBS and ISS participants to which the majority of customers have switched since the Scheme started.
NatWest Reaffirms Support for UK Businesses by Removing Monthly Current Account Fee
- 5 years 4 months ago
- Banking
NatWest has today reaffirmed its commitment to supporting UK SMEs by removing the minimum monthly fee from its Business account and launching its free ‘Business Builder’ digital coaching programme for start-ups and entrepreneurs,
Group Chairman & CEO of Path Solutions ranked among the Top 50 Global Leaders of the Islamic Economy
- 5 years 4 months ago
- Islamic Finance
Mohammed Kateeb, the Group Chairman & CEO of Path Solutions has been listed by ISLAMICA 500 as one of the world’s Top 50 distinguished personalities who have made a major impact on the Islamic economy again this year. The announcement was made during the kick off of the Edition 2020 at a gala dinner at The H Dubai on Tuesday 18 February, bringing together a mix from the world’s most prominent leaders of the industry, as well as regulators... more
National Bank of Yemen Selects ICS BANKS Digital Banking from ICSFS to Drive its Digital Transformation
- 5 years 4 months ago
- Banking, Islamic Finance
National Bank of Yemen (NBY), one of the largest commercial banks and a prominent contributor to the economic and social development in Yemen; has selected ICS BANKS Digital Banking software from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to grow its operations domestically and internati
Leading Vietnamese bank MSB selects Mambu to underpin digital transformation
- 5 years 4 months ago
- Banking
MSB, one of Vietnam’s leading commercial banks, has announced it will adopt Mambu’s cloud-native banking platform as its key technology solution to help the business undergo a radical digital transformation. MSB plans to launch Vietnam’s first digital bank by end of 2020.
Major bank in the South Urals joins Faster Payment System
Credit Ural Bank has become the first local bank in the Chelyabinsk Region to join the Fast Payment System (FPS). The bank’s entry into the FPS will enable its customers to make payments using their mobile phone numbers as a token.
Thought Machine Raises $83m in Series B Funding
- 5 years 4 months ago
- Banking
Thought Machine raises $83m in series B funding to drive global growth and banking transformation mission. Thought Machine, the cloud native core banking technology firm, has raised $83 million to drive the next phase of its growth. The funding will strengthen Thought Machine’s mission to transform banking by deploying modern cloud-native systems and continue investment in its core engineering capability. The funding will also be used to drive... more
Wirecard and Xolo offer seamless banking for freelancers on a global scale within the “gig economy”
- 5 years 4 months ago
- Banking
Wirecard, the global innovation leader for digital financial technology, is cooperating with Xolo, formerly LeapIN, the online platform for launching and running micro-businesses anywhere in the world, to offer fully digital seamless banking for entrepreneurs. The new partnership will enable Xolo, supported by Wirecard’s digital banking services, to revamp and enhance the banking and accounting aspect of its current platform.
Avaloq named Best Core Banking Platform in Asia
- 5 years 4 months ago
- Banking
Avaloq, the global fintech leader, has been chosen as the provider of the Best Core Banking Platform in the latest Asian Private Banker Technology Awards. The award is the first Avaloq has won in 2020 and follows a strong year of industry recognition in 2019.
UnionBank and Wirecard cooperate on digital banking services for corporate customers in the Philippines
- 5 years 4 months ago
- Banking
As part of its goal of enabling inclusive prosperity in the country, Union Bank of the Philippines (UnionBank) inked a partnership agreement with Germany-based financial services provider Wirecard to make banking services more convenient and efficient for corporate customers in the financial services ecosystem.
Danske Bank discontinues 400 positions and lays off app. 230 employees across the Group
- 5 years 4 months ago
- Banking
As a consequence of the need to reduce costs, 400 positions are discontinued. As it has not been possible to find other positions in the bank for all affected employees, app. 230 are laid off across the Group.
UK Research: Unsecured Borrowers Favour Banks and Brands Amid Brexit Limbo
- 5 years 4 months ago
- Artificial Intelligence, Banking
Against a backdrop of political and economic uncertainty, UK borrowers turned to established and familiar lenders in 2019, according to a new research report* launched today by Equiniti Credit Services and Credit Kudos.
