China Merchants Bank Selects Wolters Kluwer’s OneSumX for Regulatory Reporting in the US
- 5 years 9 months ago
- Banking
China Merchants Bank has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its regulatory reporting software in the U.S. 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.
New Age of the Banking Value Chain
- 5 years 9 months ago
- Banking
Fintechs today are becoming an integral become a part the banking value change and as a result of the of the Digitization in the banking industry which is making its way slowly and steadily. Today approximately 70% IT budget of banks is spent on the traditional IT services like maintaining core legacy systems and the remaining 30% is spent on the means of digital transformation like data analytics & cloud. The banks are exploring the new... more
SWIFT Sees Success with Global Instant Cross-Border Payments with Singapore’s FAST
- 5 years 9 months ago
- Platform Technology, Banking
SWIFT today announces the results of a global trial to integrate SWIFT gpi Instant, the co-operative’s cross-border instant payments service, into Singapore’s domestic instant payment service,Fast And Secure Transfers (FAST).
Open Banking Expo launches European Open Banking conference
- 5 years 9 months ago
- Banking
Open Banking Expo has launched its first European event in Amsterdam, in collaboration with Token, which will address the opportunities and risks that Open Banking presents as the financial services sector prepares to roll out the PSD2 directive. With PSD2 due to go live on 14 September, this event will take place on 4 October 2019, and will bring together a C-level audience from the financial services sector, providing them with an unrivalled... more
Mambu enters Brazilian market signing fintech, Acesso
Mambu, the leading SaaS banking engine, today announced that it has signed its first Brazilian client, Acesso, the innovative financial services company specialising in issuing and managing prepaid cards with a reputation for setting benchmarks in the country.
Path Solutions won first place in a record-breaking four categories of ACQ5 Global Awards
- 5 years 9 months ago
- Islamic Finance, Financial
Path Solutions, a global provider of Sharia-compliant banking software solutions and services, has won four categories in the 2019 ACQ5 Global Awards. Building on last year’s three-win, the company topped the Core Banking, Digital Banking, Sharia-compliant Microfinance, and GameChanger of the Year - Islamic Finance categories in this year’s rankings.
Ebury Partnered with Unicaja Banco to Provide Global Transactional Services and Foreign Exchange
- 5 years 9 months ago
- Transaction Banking, Banking
Ebury, one of the UK and Europe’s largest fintechs, is pleased to announce it has entered into a partnership with Spain’s seventh largest bank, Unicaja Banco. The agreement will enable Unicaja to offer international payments and cash management services through Ebury’s global transaction banking platform to its 400,000 SME customers and 3 million retail customers. Using Ebury’s regulated and future-proofed capabilities, Unicaja will... more
FIME Launches Automated Open Banking API Testing Solution
- 5 years 9 months ago
- Open Banking, Banking
FIME has announced the availability of TrustAPI, a fully automated test tool for open banking APIs. Banks and Third-Party Providers (TPPs) can now quickly verify APIs against PSD2-compliant standards, fast-tracking the launch of open banking services.
Finleap Tackles the French Market and Announces the Recruitment of its Managing Director
- 5 years 10 months ago
- Management, Banking, Financial
Finleap, the largest fintech ecosystem in Europe, supported by leading investors such as Ping An (via its "Voyageur Fund"), continues its international expansion and launches its activities in France . Nicolas Montes-Edwards will head Finleap France, based in Paris. This announcement is a logical continuation of the company's European development.
CaixaBank Named Spain’s Best Bank 2019, Western Europe’s Best Bank for Corporate Responsibility and Western Europe’s Best Bank Transformation by Euromoney
- 5 years 10 months ago
- Banking
CaixaBank has been selected as Spain’s Best Bank 2019, Western Europe’s Best Bank for Corporate Responsibility 2019 and Western Europe’s Best Bank Transformation 2019 by the British magazine Euromoney. The three awards recognise the bank's transformation over recent years to become the leader in retail banking and digital banking in Spain and Portugal, and a benchmark in socially responsible banking in Europe.
Absa Group recognised as ‘Africa’s Best Transformation’ at Euromoney Awards for Excellence 2019
- 5 years 10 months ago
- Management, Banking
Absa Group has been named ‘Africa’s Best Transformation’ at the Euromoney Awards for Excellence 2019 held in London last night. The award recognises a bank in each region that has made the most positive changes over the last 12 months and fundamentally transformed its business model or offering to clients in the period under review.
N26 Launches in the US
- 5 years 10 months ago
- Banking, Mobile Banking
Today, N26 is launching its banking app in the US. Starting in a staged rollout, the 100,000 customers on the US waitlist will be invited to sign up and have full access to the product. A full public launch will follow later this summer. The launch in the US market marks the next step in the company’s mission to become a bank that millions of customers around the world love to use.
Changes in the Board of Managing Directors of Commerzbank AG
- 5 years 10 months ago
- Banking
Commerzbank’s Supervisory Board has today appointed Roland Boekhout (56) to the Board of Managing Directors. Roland Boekhout, currently Member of the Management Board Banking at ING Group, will take on responsibility for Commerzbank's Corporate Clients segment by 1 January 2020, following the usual cooling off period. He succeeds Michael Reuther (60) who, as agreed and announced in December, will leave the Bank to embark on a new chapter in his... more
Callsign Partners with Lloyds Banking Group for Digital Identification and Authentication
- 5 years 10 months ago
- Banking
Callsign has today announced that it will be working with Lloyds Banking Group on providing digital identification and authentication solutions. This latest partnership will see the bank rolling out Callsign’s platform to all customers across its core brands. The utilisation of the platform not only supports Lloyds' ongoing commitment to protecting customers from fraud but also provides an excellent and seamless customer experience.
Vedanta, YES Bank and MonetaGo join forces to pioneer digitalization in India’s USD 500 billion commercial paper market using R3’s Corda Enterprise blockchain platform
- 5 years 10 months ago
- Blockchain, Banking
Financial technology solutions provider MonetaGo has today announced that a commercial paper has been digitally issued in Asia for the first time using blockchain technology. MonetaGo completed this transaction through a partnership with banking services provided by YES Bank and the issuer Vedanta, a natural resources conglomerate. India’s highly-regulated commercial paper market involves huge amount of paperwork to be prepared by the Issuer for... more
