Hong Kong’s First Virtual Bank Selects Wolters Kluwer’s OneSumX for Regulatory Reporting
- 5 years 1 month ago
- Banking
ZA Bank, the first virtual bank in Hong Kong, has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting as its regulatory reporting software. OneSumX for Regulatory Reporting combines bank data into a single source of data to ensure consistency, reconciliation and accuracy and includes Wolters Kluwer’s Regulatory Update Service. This unique service is maintained by Wolters Kluwer experts who actively monitor regulation in 30 countries.
Meniga continues successful collaboration with UniCredit to launch enhanced version of the Smart Banking app in the Czech Republic
- 5 years 1 month ago
- Banking
Meniga (www.meniga.com), a leading provider of digital banking technology, has partnered with global banking and financial services company, UniCredit, to launch an enhanced version of the popular Smart Banking app in the Czech Republic. The development of the new Smart Banking app follows Meniga’s and UniCredit’s collaboration on the successful launch of the Mbanking app, in Serbia in 2019.
Backbase and Codat partner to help small businesses manage their cash-flow
- 5 years 1 month ago
- Platform Technology, Banking
Backbase, the omni-channel Digital Banking platform, has partnered with Codat, the SME financial data exchange provider, to provide FI’s with easy connectivity to the world’s leading accounting platforms. As a result, Backbase commercial banking clients can deliver a faster, more convenient experience to SMEs by tightly integrating bank products with the financial applications SMEs use to run their business.
Tide and Hokodo introduce Invoice Protection to support SMEs during Coronavirus crisis
- 5 years 1 month ago
- Covid-19, Insurtech, Banking, Accounting
Tide, the UK’s leading business banking platform[1], has launched a new Invoice Protection product in partnership with insurance solutions provider, Hokodo, to help micro, small and medium-sized businesses protect their cash flow against the late and non-payment of invoices.
TietoEVRY integration progressing as planned – employee consultations initiated to drive merger-related efficiencies
TietoEVRY is taking the next step in the integration to ensure its position as the leading digital services and software company in the Nordics. A unified organization has now been established and the next step involves the drive for merger-related efficiencies. Consultation processes to ensure optimized operations and reduce overlaps have been initiated.
Temenos helps US banks and credit unions to respond rapidly to surging demand for emergency loans for small businesses during Covid-19
- 5 years 1 month ago
- Banking
Temenos (SIX: TEMN), the banking software company, announced today that its Temenos Infinity digital omnichannel product is enabling US banks and credit unions to accelerate loan applications to small businesses under the U.S. Small Business Administration (SBA) Paycheck Protection Program ( PPP).
Ethoca to Bring Digital Receipts to Consumers through Collaboration with Microsoft
Ethoca, a Mastercard company, today announced an expansion of its collaboration with Microsoft that will bring Microsoft customers simple access to their digital purchase receipts through their banks’ mobile applications, enabled with Ethoca’s Digital Receipts service.
Three Largest European Digital Banks Hit $1.9bn in Overall Fundraising
- 5 years 1 month ago
- Banking
Recent years have witnessed an incredible growth of digital banks, with millions of customers turning their backs on traditional high-street financial institutions. These apps or web-based banks changed the way people handle and manage their money by offering a line of mobile banking services that can be used entirely from smartphones. The increasing popularity of such streamlined financial transactions captured the attention of investors, as... more
Compass Plus boosts market position following successful migration for Network International Egypt
- 5 years 1 month ago
- Payments, Banking, Infrastructure
Compass Plus marks a milestone in its long-term relationship with Network International, the leading enabler of digital commerce in the Middle East and Africa (MEA). Following the successful migration of Network’s 12 Egyptian issuer processor clients (banks) to Compass Plus software from legacy infrastructures in 2019, Compass Plus is looking to apply its experience and expertise to similar projects globally.
Equiniti Credit Services enters mortgage market with Hodge Bank win
- 5 years 1 month ago
- Banking
Equiniti Credit Services (EQCS), the UK’s leading consumer credit technology and outsourced services provider, has been chosen by Cardiff-based bank, Hodge, to create a flexible digital mortgage servicing solution. This latest client win is significant for EQCS and marks its move into the mortgage market for the first time.
Avaloq and ACTICO expand strategic partnership to prevent financial crime
- 5 years 1 month ago
- Banking, AML and KYC
Avaloq, a global leader in innovative software solutions for banks and wealth managers, is expanding its existing partnership with ACTICO, a leading international provider of software for intelligent automation and digital decisioning. The two companies are integrating the ACTICO Compliance Suite into Avaloq's software solutions for banks and wealth managers, making it easy for Avaloq's clients to use the new compliance offering as a... more
Worldline partners with Meniga to boost digital customer engagement with new personalised banking features
- 5 years 1 month ago
- Banking
Worldline [Euronext: WLN], the European market leader in payment and transaction services, signed a partnership agreement with Meniga, the London-headquartered fintech and provider of digital banking technology. The collaboration is aimed at increasing digital customer engagement through the creation of personalised banking features.
Investment Priorities of African Banks and Merchants Revealed in 2020 Digital Payments Survey
OpenWay, a global vendor of digital payment software, partnered with technology analyst house Ovum (now Omdia) to conduct the 2020 Digital Payments in Africa survey. Key retail banks and merchants in East, West and Southern Africa took part to provide a glimpse into the retail payment landscape of Sub-Saharan African region.
Starling Bank supporting small businesses through the Coronavirus Business Interruption Loan Scheme
- 5 years 1 month ago
- Banking
Starling, the digital bank, has been accredited by the British Business Bank as a lender under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS). This will enable it to provide term loans between £5k and £250k to small and medium-sized enterprises (SMEs) that are struggling financially as a result of the coronavirus emergency. Starling will shortly confirm the date from which it will be ready to start receiving CBILS... more
British Business Bank announces new lenders under Coronavirus Business Interruption Loan Scheme
- 5 years 1 month ago
- Banking
Today the British Business Bank has announced that it has approved four new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS) - The Co-operative Bank, Cynergy Bank, OakNorth Bank and Starling Bank. Following their approval, each lender will be putting in place the operations required to start lending under the scheme and will confirm shortly the dates from which they will be ready to start receiving CBILS... more
