UK-based Allica Bank launches using Profile’s comprehensive banking platforms
- 4 years 8 months ago
- Banking
Profile Software, the international financial solutions provider, announced today that Allica Bank, the bank that empowers small and medium businesses to succeed, has comprehensively implemented Profile’s FMS.next, and RiskAvert to manage their banking and risk management operations. Profile and Allica Bank worked together to speedily deliver the digital banking solutions under challenging timescales.
Techcombank and Compass Plus celebrate 15 year milestone in banking partnership
- 4 years 8 months ago
- Banking
Since issuing the first Visa card 15 years ago using solutions provided by trusted partner Compass Plus, Techcombank, one of the top commercial joint stock banks in Vietnam, has become the country’s market leader for Visa payments volume and has received numerous prestigious awards from the international payment network.
Solactive strengthens its Presence in Canada with Hamilton ETFs issuing two Bank ETFs on Solactive Indices
- 4 years 8 months ago
- Banking
Both the Canadian and Australian banking sector remain long-distance runners. With an average net annual return of 11%1 since 1996 for the Solactive Australian Bank Equal-Weight Index and 14.4%over three decades2 for the Solactive Canadian Bank Mean Reversion Index, Canadian ETF provider Hamilton Capital Partners Inc. (“Hamilton ETFs”) recognized the potential of these bank indices and licensed both indices as the underlying for two new index... more
Trade Ledger and Equifax extend partnership to support bid for Capability & Innovation Fund (CIF) to transform SME credit scoring
Trade Ledger, the global banking platform, and Equifax, the consumer and business insights expert, have announced an extended partnership for the UK market which will bid for the BCR Capability and Innovation fund. The fund is part of the RBS Alternative Remedies Package, designed to improve the financial products and services available to small and medium enterprises.
FinecoBank launches Aberdeen Standard Investments Funds
- 4 years 8 months ago
- Banking
FinecoBank today announces the expansion of its investment products with a suite of funds from Aberdeen Standard Investments (ASI). With the new funds from ASI, Fineco clients in the UK now have access to a new set of funds, representing a wide variety of investment strategies and asset classes. The ASI Funds will be available through the Fineco Investment platform for a cost of platform of just 25 basis points per year.
NatWest launches new open banking payments service
NatWest has today announced the launch of a new online payment service, Payit by NatWest, which allows customers to make instant online payments to participating retailers, without the use of a debit or credit card - resulting in a fast, fair, simple and safe payment experience. Payit uses the Open Banking infrastructure to allow customers of UK banks to pay for products and services offered by retailers who use the service, which is targeted at... more
SYKES for FinTech Survey Reveals Consumer Behavior Shifts in the Era of COVID-19
A new SYKES for FinTech survey finds many U.S. adults are new users of financial technologies, specifically in response to the COVID-19 global pandemic.
Future Fund publishes diversity data of companies receiving Convertible Loan Agreements
The British Business Bank publishes Future Fund data that gives a detailed picture of the 252 companies that have been approved for £236.2m worth of Convertible Loan Agreements since the scheme was launched on 20 May. There have been 623 applications in total in the first month of operation. Government has said it will keep the size of the scheme under review and consider increasing it if needed. This data shows where companies are based across... more
Zopa launches new digital bank, offering consumers a compelling alternative when they need it most
Zopa has today been awarded its full bank licence, launching at a time when consumers need financial services providers to work on their behalf more than ever.
Cairo Amman Bank adopts the latest technology to enhance performance and security for its digital banking services through Aruba
Cairo Amman Bank PLC. (CAB),is a public limited company located in Jordan, Palestine and Bahrain. Ever since its establishment in 1960, the Bank has been providing an inclusive range of services and successful banking solutions to fulfil the needs of its customers. CAB has deployed state-of-the-art networking technology from Aruba, a Hewlett Packard Enterprise company.
FSS Technologies signs Emrys La Carte for Issuance Processing Service
- 4 years 8 months ago
- Banking, Cloud, Compliance, Regulatory Standards
FSS Technologies (Financial Software and Systems), a global digital payment and financial technology company, announced today that Emrys La Carte, one of France’s leading consumer cooperatives has engaged with FSS to provide a hosted card issuance service. The Card Management Platform runs on FSSNeT, FSS’secure private cloud. The managed services model drives operational efficiencies, with dedicated cross-functional teams assuming responsibility... more
Warba Bank digitizes online banking and enhances customer experience with Nutanix
- 4 years 8 months ago
- Online Banking
Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, today announced that Kuwait’s Warba Bank has digitally transformed its financial services and mobile banking using the power of Nutanix’s hyper-converged infrastructure platform.
First Bank launches Micro Creditum app and continues its digital transformation with FintechOS as technology partner
- 4 years 8 months ago
- Banking
First Bank continues its digital transformation with the launch of the Micro Creditum application, making the entire lending process more efficient for its business customers in need of finance. Analysis of credit documents can now be achieved in just one hour, marking a reduction in processing time of 80%.
Path Solutions top IBS Islamic Sales League Table 2020
- 4 years 8 months ago
- Islamic Finance
Path Solutions, a global banking software provider, was announced by IBS Intelligence as the leader in the Islamic financial services sector in IBS Islamic Sales League Table (SLT) 2020. For the eighth year in a row, Path Solutions was recognized the undisputed leader in Islamic Banking with more new Islamic deals signed in 2019 than any of its industry peers. The company is part of the iconic IBSI Leadership Club 2020 for back office systems,... more
Thought Machine and TruNarrative collaborate on resilience and core banking innovation for Atom bank
- 4 years 8 months ago
- Core Banking, Cloud, Security
Thought Machine, the cloud native core banking technology firm, today announced it has teamed up with RegTech leader TruNarrative to provide Atom bank groundbreaking financial crime prevention and core banking capabilities. This partnership has enabled Atom to use the TruNarrative platform to conduct a full suite of real-time AML transactional monitoring processes built on top of truly cloud native technology.
