Santander launches PagoFX in the UK to offer fast, secure and low-cost international transfers with no fees for two months
- 4 years 10 months ago
- Banking
Banco Santander today announced the launch of PagoFX, a low-cost international money transfer service, in the UK. This new service, available via a mobile app, allows UK residents with a debit card issued by any UK bank or financial entity to seamlessly and quickly send money abroad from their smartphone with low costs, bank-level security and customer support via in-app chat, web and e-mail. In light of the ongoing coronavirus pandemic,PagoFX... more
Auriga acquires the award-winning ATM cybersecurity solution Lookwise Device Manager from leading managed security services provider S21sec
Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, announces the acquisition of Lookwise Device Manager (LDM), a modular security platform and cybersecurity business unit from S21sec, a leading European managed security services player. S21sec is part of Sonae IM’s portfolio, a corporate venture capital firm investing in cybersecurity, retail and telecommunications technology companies.
Appian helps banks automate lending for UK COVID crisis
- 4 years 10 months ago
- Banking
Appian today announced an application built on its Low-Code Automation Platform to support accredited lenders across the UK to manage the Coronavirus Business Interruption Loan Scheme (CBILS) applications from businesses, as well as the anticipated Coronavirus Large Business Interruption Loan Scheme (CLBILS). The new loan application can automate and check eligibility, process and verify required supporting documents, and make lending decisions... more
Allica Bank launches a (1.49%) 12-month fixed term deposit account for retail savers
- 4 years 10 months ago
- Banking
Allica Bank – the business bank that seeks to empower small and medium sized businesses – has today announced the launch of its first deposit account, for retail savers. The FSCS protected accounts will offer a 1.49% rate of interest, fixed for 12 months. Accounts can be opened online and managed through the bank’s internet banking platform and secure messaging service.
Hong Kong’s First Virtual Bank Selects Wolters Kluwer’s OneSumX for Regulatory Reporting
- 4 years 10 months 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
- 4 years 10 months 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
- 4 years 10 months 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
- 4 years 10 months 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
- 4 years 10 months 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
- 4 years 10 months 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
- 4 years 10 months 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
- 4 years 10 months 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
- 4 years 10 months 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
