NatWest announces tech partnership with Microsoft and DreamQuark to simulate future market outcomes
- 4 years 6 months ago
- Artificial Intelligence, Banking
NatWest has today announced a collaboration with Microsoft, and Artificial Intelligence specialist DreamQuark, in developing Next Generation Complex Analytics. The work will allow the bank to simulate behaviours of different environments such as financial markets or transport networks, processing it into meaningful patterns and insights that help to accurately predict future outcomes.
DUCA Financial Services Credit Union Builds Member Relationships on Fiserv Technology
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that DUCA Financial Services Credit Union Ltd. (DUCA), based in Toronto, has selected Fiserv for core account processing to
Al Rayan Bank appoints new head of IT
- 4 years 6 months ago
- Banking, People Moves
Al Rayan Bank has announced the appointment of Peter Wren as its new Head of IT. The position will be based at the UK’s largest Islamic bank’s Operational Headquarters in Birmingham. Peter brings with him over 20 years’ experience working in IT roles for companies in the financial services and pharmaceutical sectors. He was most recently programme director at Birmingham-based financial mutual society, Wesleyan, where he was responsible for... more
Sweden’s First Neobank P.F.C. Selects Mambu
- 4 years 6 months ago
- Banking
P.F.C. (Personal Finance Co.), the Stockholm-based neobank, today announced that it has gone live on Mambu’s leading SaaS banking engine. Ten months after the initial launch, P.F.C. sustains a monthly growth rate of 35% and has rapidly gained a foothold in Sweden’s competitive fintech market. The partnership helps P.F.C. accelerate the deployment of its innovative features and products aimed at simplifying everyday financial use.
PayPal Joins Belgium's KBC Mobile Account Aggregation Package
- 4 years 6 months ago
- Banking
Belgium's KBC has added PayPal balances and transactional information to its mobile bank account aggregation app. The inclusion of PayPal, alongside Argenta, Belfius, BNP Paribas Fortis and ING, reflects the great strides the company has made in insinuating itself into people's everyday shopping and payments habits. KBC says the move to add PayPal followed a consultation with customers in which one-third of users said they would like to check... more
Unionbank’s API Marketplace Encourages Philippine Fintechs To Go Global
- 4 years 6 months ago
- Banking
UnionBank of the Philippines' (UnionBank) globally-awarded API Marketplace is enabling fintechs to scale growth through co-creation and reaching a wider audience for their APIs. It is one of the largest in Asia with over 200 open APIs, and a regional network with connectivity to the ASEAN Financial Innovation Network (AFIN) and its API Exchange -- an initiative by the International Finance Corporation (IFC) and the Monetary Authority of... more
Centier Bank Goes Live with NYMBUS to Launch Billinero™
- 4 years 7 months ago
- Banking
NYMBUS®, a provider of the world’s most advanced financial services platform, today announced
HSBC introduces industry leading financial crime detection systems
- 4 years 7 months ago
- Banking
HSBC Global Trade and Receivables Finance (GTRF) business has deployed an industry-leading Anti-Money Laundering (AML) system and an automated sanctions checking system as part of its ongoing efforts to improve financial crime detection.
Voyager Alliance Credit Union Select TCS BaNCS Cloud for Core Banking
Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, has announced that Manchester-based Voyager Alliance Credit Union has selected TCS BaNCS™ Cloud for Core Banking as the core platform for its digital transformation. The implementation also covers its associate entity, Retail Credit Union.
VERMEG extends partnership with Santander as the global bank selects MEGARA as its post-trade processing system in Brazil
VERMEG, the banking and insurance software solutions specialist, announced that its state-of-the-art Securities and Custody solution “Megara” went live at Santander Securities Services Brazil (S3 Brazil) on July 2019. S3 Brazil will be serviced from VERMEG’s newly opened offices in Brazil. VERMEG acts as a global partner for Santander Securities Services which uses VERMEG’s Megara post-trade processing software across multiple territories.
Identitii Selected by ACCC to Test Open Banking Data Ecosystem
- 4 years 7 months ago
- Open Banking, Banking
Identitii Limited , the FinTech reducing last mile payment hold ups for banks and corporates, announces it has been selected by the Australian Competition and Consumer Commission (ACCC) as one of just ten companies to test the Consumer Data Right (CDR) ecosystem. The CDR ecosystem will enable Australia’s incoming open banking regime which goes live from February 2020.
Temenos completes acquisition of Kony the US #1 digital banking SaaS company
Temenos (SIX: TEMN), the banking software company, today announced that the acquisition of Kony Inc, the fast growing US #1 digital banking SaaS company has now closed. The acquisition will accelerate Temenos’ US presence and strengthen Temenos Infinity, the breakthrough digital banking product. Thomas E. Hogan, Chairman and CEO of Kony, is appointed President of Temenos North America and joins Temenos’ Executive Committee, with immediate... more
Deutsche Bank uses Distributed Ledger Technology to provide global beneficial ownership transparency
- 4 years 7 months ago
- Banking
Deutsche Bank Securities Services has successfully piloted a solution using distributed ledger technology (DLT) to enable further automation of custodial services. The solution addresses the transparency requirements within many custodial services, such as around the tax processing of asset holdings at an ultimate beneficial owner level, and streamlines complex data and reconciliation processes for both the bank and its clients.
The annual conference helping to shape the bank branch for the next generation
- 4 years 7 months ago
- Banking, Consultancy
RBR’s industry-leading Branch Transformation 2019 conference and expo returns to London on 19th and 20th November for its tenth edition, offering an opportunity to learn from some of the world’s most innovative banks Santander, Citibank, ING, Lloyds Banking Group, BNP Paribas and Sberbank will be among the institutions sharing their insights and expertise with delegates at the Branch Transformation 2019 conference in London this autumn. How can... more
Gresham and AccessPay partnership to accelerate global adoption of Clareti Multi Bank services
Gresham Technologies plc, the leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management, today announced a partnership with AccessPay, significantly enhancing its market-leading Clareti Multi-Bank cloud-based solution with connectivity to AccessPay’s enterprise-to-bank integration platform.
