Unity Trust Bank Joins Current Account Switch Service
The flagship Current Account Switch Service, which is owned and operated by the UK’s leading payments authority Pay.UK, today welcomes another brand to join the service. Unity Trust Bank is the latest to offer consumers a simple, reliable and stress-free means of switching banking provider.
Neoxam Impresses French Banking Giant CACEIS
- 5 years 6 months ago
- Banking, Data Management
The regulatory landscape is becoming increasingly complex on the buy-side, with the introduction and evolution of regulations like Solvency 2, PRIIPs and IFRS 9. On a yearly basis, CACEIS needs to produce over 10000 annual and semi-annual reports, for different business lines (Mutual Funds, Private Equity & Real estate Funds) for a dozen of jurisdictions, up to 250 pages long, with around 30 different contributors and in 4 or 5 different... more
Apple Pay launched to NatWest Business Customers
NatWest today brings its business banking customers Apple Pay, which is transforming payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites. NatWest has launched the new feature across its full range of VISA debit cards to its 1 million Business Banking customers, complementing the existing range of payment... more
Finastra launches Fusion Treasury Essential – helping banks automate treasury in just 90 days
Finastra today unveiled Fusion Treasury Essential – a packaged solution designed for smaller banks that don’t already have a dedicated treasury system, but are looking to automate and modernize the treasury function.
ICS Financial Systems Adopts the Latest Oracle Technologies for Production Use-Cases in the Banking Sector at Oracle OpenWorld 2019
ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, and a Gold level member of the Oracle PartnerNetwork (OPN), announced the adoption of the latest Oracle technologies for production use-cases in the banking sector.
Banks in China Risk Losing US$60 Billion in Payments Revenue by 2025, According to Accenture Report
As much as 13% of banks’ payments revenue in China, or US$61 billion, is likely to be displaced by the growth of digital payments and competition from non-banks, as payments become more instant, invisible and free, according to a new report from Accenture (NYSE: ACN).
RBS, Lloyds and Mortgage Advice Bureau Awarded for Training Programmes
- 5 years 6 months ago
- Banking
44 UK organisations including IBM, The Co-Op and Lloyds Banking Group, are celebrating after being commended with a Princess Royal Training Award for their workplace learning at a ceremony held at St James’s Palace in London last night. Presented by HRH Princess Anne and delivered by the City and Guilds Group, the Princess Royal Training Awards, now in their fourth year, celebrate exceptional training and development programmes across the... more
Global fintech leaders join forces behind Pollinate platform
Pollinate, the business behind Tyl by NatWest, has launched with a growth capital investment round from a consortium of global industry leaders. Mastercard, Motive Partners and EFM Asset Management (EFM) will join RBS as both investors in, and partners to, the Pollinate business, which has raised a total of £60 million in funding to date.
ING announces change in Supervisory Board
- 5 years 6 months ago
- Banking
ING announced today that Robert Reibestein has decided to resign from the Supervisory Board of ING Group per 1 January 2020. Robert Reibestein was appointed to the Supervisory Board in May 2012 and started in this role per 1 January 2013. After 7 years of dedicated membership of the Supervisory Board, Robert Reibestein decided to resign because of persistent personal health issues. In his role as ING Group Supervisory Board member, Robert... more
Trade Ledger announces £1.5m funding round led by Hambro Perks
- 5 years 6 months ago
- Banking
Trade Ledger, the ground-breaking business lending platform, which automates commercial lending processes for global banks and alternative finance providers, today announces strategic investment in a £1.5M round led by Hambro Perks, to further accelerate revenue growth.
For UK Consumers the Front Door of a Bank is Now Its Mobile App, Not Its Physical Branch, According to New Marqeta Survey
- 5 years 6 months ago
- Banking
Marqeta, the first global modern card issuing platform, announced the results today of its new digital banking survey, which found that demand for physical bank branches continues to decline as digital banking platforms offer more seamless access to remote money management tools.
Mambu To Power Recognise, The New Bank For SMES Launching In 2020
Ahead of its highly anticipated launch in 2020, new SME banking entrant Recognise has appointed cloud banking provider Mambu. Recognise’s appointment of Mambu and its market leading cloud-native solution, will transform and improve banking service levels by enhanced transparency, communication and speed of transactions for SMEs.
Commerzbank Publishes Voluntary Public Acquisition Offer for Comdirect
- 5 years 6 months ago
- Banking
Commerzbank AG published the offer document relating to the voluntary public acquisition offer for all the outstanding shares of comdirect bank Aktiengesellschaft (“comdirect”).
Temenos accelerates SaaS-based Temenos Infinity, integrating Kony’s award-winning digital banking product, just 30 days after the Kony acquisition
- 5 years 6 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, showcases Temenos Infinity, the leading omnichannel digital banking product covering customer engagement from acquisition, to account servicing, through to long-term retention.
Banking on the Subscription Economy: Consumer demands drive the shift to services from their banks
- 5 years 6 months ago
- Banking
Zuora®, the leading cloud-based subscription management platform provider, has unveiled research about a striking shift in consumer sentiment towards banking services. Nearly half (44%) of consumers would consider switching to banks on a subscription basis in return for personalised service bundles. This is significant in that over one-third (35%) of all UK consumers have never switched their bank.
