The agreement will see the Taiwanese bank implement Avaloq’s market-leading wealth management software across its private banking division in Taiwan, Hong Kong and Singapore. Avaloq’s new client is one of Taiwan’s largest commercial banks with more than 150 branches throughout the country. Besides its home market, the bank also offers private banking services in Hong Kong and Singapore.
Marqeta, the global modern card issuing platform, today released a report that examines how banks intend to change their strategies in response to the COVID-19 pandemic. According to the findings, COVID-19 has had a significant impact on almost all (96%) European banks, with over three-quarters (78%) planning to change their future banking strategy to adapt to changes in consumer behaviour, such as the accelerated adoption of digital banking... more
Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, today announced a new partnership with SprintQuip, an Australia-based cash handling specialist to distribute Auriga’s omnichannel banking software suite WinWebServer (WWS) throughout the Australasia region.
- 13.10.2020 02:15 pm
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that Bahrain Development Bank (BDB), a development finance institution established by the government of Bahrain, focusing on financing and development of small and medium businesses, to encourage and support entrepreneurship in the Kingdom of Bahrain, has selected the TCS BaNCS™ Global Banking Platform
- 12.10.2020 07:21 pm
Sibos 2020, a major annual conference for the financial industry, is being held between October 5 and October 8, 2020. This year it’s virtual, and its business program has welcomed Sberbank top executives, Alexander Vedyakhin, First Deputy Chairman of the Executive Board, and Anatoly Popov, Deputy Chairman of the Executive Board, as speakers.
- 12.10.2020 05:46 pm
Sponsorship and attendee registrations are open for ENBANTEC Retail Banking Conference EMEA (www.enbantec.com) that will be held on 18-19 November 2020 as a live virtual conference in the digital format. ENBANTEC is a global and niche conference with its focus on Retail Banking, Banking Technologies, Digital Banking, Banking Innovation, Next Generation Banking, Core Banking, Payment Systems, Digital Transformation, Secure Banking and Banking IT... more
- 12.10.2020 01:59 pm
Temenos (SIX: TEMN), the banking software company, today announced that FlowBank has selected Temenos Transact delivered as SaaS to power its new digital bank in Switzerland. Temenos Transact core banking technology will enable FlowBank to rapidly launch and offer a new investing experience to private and institutional investors in Switzerland and internationally.
Witnessing a 300% growth in its business during the last six months, Razorpay today announced its Series D fundraise of $100 Million, giving the company more than $1 Billion in valuation. This round was co-led by GIC, Singapore’s sovereign wealth fund and Sequoia India, along with participation from Ribbit Capital, Tiger Global, Y Combinator and Matrix Partners.
- 09.10.2020 06:52 pm
Backbase, a digital-first banking platform, announced that it has built a new cross-business platform for Banco Caja Social. The new platform, built from Backbase’s industry leading software, has improved the user experience and online access for the bank’s customers. This marks a new milestone in the digitization of Banco Caja Social, an institution that has been working for over a century on financial inclusion and serving low- and middle-... more
- 09.10.2020 03:18 pm
Tinkoff has launched a financial messenger built into its super app for users to chat while making financial transactions. Customers will be able to share bookings, payments and gigabytes of traffic soon, as well as get quick access to chat bots and the Tinkoff ecosystem products and services, and more. Initially available to the Tinkoff super app users only, the financial messenger will be later integrated into other Tinkoff ecosystem... more
Deutsche Bank Announces New Early Warning Service for Securities Settlement Delays Powered by Elastic
Deutsche Bank today announced that they will launch an enhanced securities settlement service that proactively identifies in-flight security transactions at risk of settlement delay, to debut in early 2021. The enhanced service, powered by the Elastic Stack and Elastic’s machine learning and anomaly detection features, will enable the bank's clients to avoid hefty financial penalties under the upcoming implementation of the new Central... more
- 09.10.2020 11:36 am
Meniga (www.meniga.com), a global leader in AI-powered digital banking solutions, announces that it has expanded its business to the US, with a dedicated team appointed to drive sales operations by targeting the nation’s biggest banks and financial institutions.
- 07.10.2020 02:45 pm
An innovative lending solution from financial infrastructure provider, Banking Circle, has been named as a finalist in the 2020 Credit Awards category for Best Use of Technology – SME Lender. The highly respected awards programme recognises and rewards innovation and best practice as well as the hard work of those working across the global credit and financial service industry.
Monese to Migrate European and UK Account Holders onto Thought Machine’s Core Banking Platform Vault
- 06.10.2020 08:26 pm
Monese, the popular pan-European banking service that provides instant and localised mobile money accounts in 31 countries, today announces it will adopt Thought Machine’s cloud native core banking platform Vault. Monese, which provides accounts to both consumers and businesses, will migrate its existing customer base onto Thought Machine’s cloud native platform, as it focusses on strengthening the company's core technology platform and its... more
SmartStream Develops Data Observational Learning Alongside Tier 1 Banks – Providing a 20% Cost Saving Using AI
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today launches ‘Affinity’ in collaboration with Tier 1 banks - an Artificial Intelligence (AI) ‘observational learning’ solution to meet the technical demands and business agility for operational data management and data quality processes.