UK SIPP provider doubles customer growth using Cashfac Virtual Accounts
- 5 years 2 weeks ago
- Cash management, Banking
Leading provider of self-invested pension products integrates Cashfac’s flagship solution to drive process automation and increase productivity A leading provider of self-invested pension products (SIPPs) – has doubled customer growth of their business operations by integrating Cashfac’s flagship virtual accounts solution with its existing core systems.
In-memory Computing Platform Hazelcast Raises $28.5m
- 5 years 2 weeks ago
- Retail Banking
Hazelcast, the leading in-memory computing platform that delivers radically fast application performance at scale, today announced the expansion of its Series D round due to over-subscribed interest from global investment entities.
N26 announces exit from UK banking market
- 5 years 2 weeks ago
- Banking
With the UK having left the European Union, N26 has announced that it will be leaving the UK market. The timings and framework outlined in the EU Withdrawal Agreement mean that the company will in due course be unable to operate in the UK with its European banking licence. Thomas Grosse, Chief Banking Officer at N26 said: “While we fully respect the decision that has been taken, it means that N26 will in due course be unable to serve our... more
Salt Edge celebrates the 1000+ integrated PSD2 APIs
- 5 years 2 weeks ago
- Banking
Salt Edge announces its most significant landmark so far – integrating with 1000+ open banking APIs so that businesses could develop smarter and better services for end-users.
Rewire develops into neobank for migrants following 40% monthly growth rate across Europe
- 5 years 2 weeks ago
- Transaction Banking, Banking
Rewire, a cross-border banking service provider for migrants, has today announced the growth of its product offering as a neobank for migrants in Europe. Rewire now offers tailored accounts focused on the specific needs of migrants and is introducing a new line of innovative banking products that can serve them in the host country and the country of origin.
Bank Leumi UK’s tech event outlines 2020’s key trends
- 5 years 2 weeks ago
- Banking
Leumi UK – the London-based subsidiary of Israel’s leading international bank – and LeumiTech, Leumi Group’s technology banking practice hosted a joint tech-focused discussion, bringing together influential figures from the technology industry – including senior representatives from Google, Facebook and Amazon – to engage in an open discussion on the state of the tech landscape in 2020.
Bank of England select AutoRek
- 5 years 2 weeks ago
- Banking
AutoRek announced the latest addition to our growing list of clients is The Bank of England. Following a competitive tender the Bank selected AutoRek to automate their reconciliation processes and achieve increased efficiencies. The two-phase project will work across both Finance and Operations and provide a centralised platform for their daily and monthly reconciliation tasks. The key business benefits of Autorek include:
13th New Age Banking Summit to look at challenges, future-forward strategies
- 5 years 2 weeks ago
- Banking
The 13th edition of the New Age Banking Summit (NABS), a leading platform for the banking and Fintech sector in the Middle East, will see nearly 200 leading bankers and technology speakers gather to discuss challenges and devise comprehensive strategies to negotiate the ever-changing banking ecosystem.
ICSFS’ Managing Director, Robert Hazboun, Acknowledged for his Business Leadership and Exceptional Vision by World Finance
World Finance, the voice of the market magazine, awarded ICS Financial Systems Limited (ICSFS)’ Managing Director; Robert Hazboun, in its World Finance Winter 2020 edition, as one of its World Finance 100 individuals and business in financial services that have outstanding enterprise and kept pushing their industries forward.
Temenos Included in the FTSE4Good Index Series as a Result of Strong Environmental, Social and Governance Practices
- 5 years 2 weeks ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced it has been included in the FTSE4Good Index Series, created by the global index provider FTSE Russell. Inclusion in the FTSE4Good Index Series denotes Temenos’ strong Environmental, Social and Governance (ESG) practices, which form part of its wider strategy to promote a culture of sustainability, responsibility and ethics across the business and its operations.
Deutsche Bank onboards Xceptor to automate core operational processes in Indonesia
- 5 years 2 weeks ago
- Banking
Xceptor provides AI-enabled data centric automation software to easily automate processes thereby driving productivity and operational efficiency. As part of this partnership, Xceptor will help to automate reconciliations with multiple external parties for the bank’s Securities Services business. Computation of various components of tax such as Capital Gains and Withholding tax will also be transformed with the use of Xceptor. The powerful... more
Saxo Bank appoints Stig Christensen as new Chief Sales Officer
- 5 years 2 weeks ago
- Banking, People Moves
Saxo Bank, the leading fintech specialist focused on multi-asset trading and investment, today announces the appointment of Stig Christensen as Chief Sales Officer. Stig has served as Chief Human Resources Officer at Saxo Bank since 2016 and will continue to hold this position as well until a permanent replacement is found. His appointment follows the departure of Damian Bunce who has stepped down as Chief Commercial Officer. Kim Fournais,... more
Deutsche Bank renews partnership with SimCorp to deliver fund services across Asia Pacific
- 5 years 3 weeks ago
- Banking
SimCorp, a leading provider of investment management solutions and services to the global financial services industry and Deutsche Ba
Standard Chartered and Infor Partner to Improve Supply Chain Liquidity and Reduce Supply Risk
- 5 years 3 weeks ago
- Banking, Risk Management
Standard Chartered, a leading international banking group, and Infor, a global leader in business cloud software specialised by industry, today announced a strategic agreement to introduce the Infor Nexus network to the Bank’s clients. By digitizing the financial supply chain, businesses can minimize supply chain delays and friction, while suppliers can benefit from improved access to capital.
Bank Assafa goes live with iMAL to drive operational efficiency and superior customer experience
- 5 years 3 weeks ago
- Islamic Finance
Path Solutions, the global Islamic banking software provider, today announced that Bank Assafa has gone live with the latest version of iMAL in its headquarters in Casablanca as part of its strategy to bring cutting-edge Islamic banking services to its new customer base.