UBS and Zurich launch bancassurance products for young entrepreneurs
- 5 years 3 weeks ago
- Banking
Getting a company off the ground has never been easier. Using the existing “UBS Start Business” platform, UBS and Zurich are launching a comprehensive offering that goes beyond traditional banking and insurance. In addition to the extensive banking package which includes a free capital payment and business account, co-working opportunities, and mentoring programs, we are now offering the kinds of insurance policies that are either mandatory for... more
Ubisecure Launches KYC
- 5 years 3 weeks ago
- Banking
Global Legal Entity Identifier Foundation (GLEIF)-accredited Legal Entity Identifier (LEI) issuer, Ubisecure, today announced a new LEI-based Pilot via its RapidLEI service to bring banks easy access to, and management of, LEIs for Know Your Customer (KYC) and onboarding workflows.
AcadiaSoft and Clarus Team on Initial Margin Analytics Service
- 5 years 3 weeks ago
- Risk Management, Wholesale Banking
AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the non-cleared derivatives community, today announced it will launch a joint initial margin analytics service with Clarus Financial Technology (FT). The service, enabled by AcadiaSoft’s Access application (part of AcadiaPlus), allows Clarus FT to provide clients with margin analytics, calculations and modeling for non-cleared Initial Margin (IM).
Bankable Announces Strategic Collaboration with Visa to Continue Growing Globally
Bankable, the global architect of “Banking as a Service” solutions, today announced a strategic collaboration with Visa in the United States. Bankable aims to provide Visa’s U.S. clients, including corporate and financial institutions, access to its real-time and modular banking solutions, enabling them to deploy digital banking and faster payment services. To accommodate ongoing work in the U.S., Bankable is opening an office in New York, which... more
ING Research: Customers Willing to Drop Brands Based on Perceived Environmental Impact
- 5 years 3 weeks ago
- Banking
A new global survey commissioned by ING shows consumer attitudes have reached a tipping point, leading them to avoid brands that don’t prioritize sustainability and environmental issues. Despite demanding change, customers will still engage in the linear ‘convenience economy’ model of ‘take, make and waste’ unless companies offer a more seamless transition towards the ‘circular economy’.
Deutsche Bank partners with the European Investment Bank on its latest green bond
- 5 years 3 weeks ago
- Banking
Deutsche Bank has once again partnered with the European Investment Bank (EIB) as Sole Lead Manager to increase the EIB’s Australian dollar Climate Awareness Bond (CAB) by 150 million.
SBI Invests $20m In Core Banking-API Integration Firm OpenLegacy
- 5 years 3 weeks ago
- Core Banking, FinTech StartUps
Japan's SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.
Varengold Bank AG opens FinTech Hub in Berlin
- 5 years 3 weeks ago
- Banking
The figures* speak for themselves: 1 in 3 finance start-ups that are founded in Germany have their head office in the capital. There are now more fintechs in Berlin than in Munich, Frankfurt and Hamburg put together. Hamburg-based Varengold Bank AG, which has placed its strategic focus on fintech financing – and primarily online credit platforms – since 2015, is acknowledging this fact by opening its FinTech Hub in Berlin in the near future.
ING's Belgian customers moving to the same mobile banking environment used by Dutch and German customers
- 5 years 3 weeks ago
- Banking, Mobile Banking
Belgian customers have started moving to the same mobile banking environment used by our Dutch and German customers. This is an important next step in achieving our ambition of providing the same easy, smart and personal customer experience everywhere. The move to the new banking environment means the Belgian website now also has the same look, feel and functionality as the Dutch one and it allows Belgian customers to use the banking app that’s... more
Bank Assafa goes live with iMAL to drive operational efficiency and superior customer experience
- 5 years 3 weeks ago
- Banking, 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.
UnionBank Inks Talent Development Program with SMU
- 5 years 3 weeks ago
- Banking
Union Bank of the Philippines (UnionBank) and the Singapore Management University (SMU) -- one of Asia's premier universities - recently inked an agreement to further develop the potential of SMU's brightest and most entrepreneurial students by learning from UnionBankers. Under the partnership, up to 10 pre-screened SMU students with mixed expertise will be exposed to various projects of UnionBank for 12 weeks to co-create the development of... more
FCA Probes Sterling Spike Ahead of UK Interest Rate Decision
The Bank of England has referred to the UK markets watchdog a spike in sterling that happened just seconds before the central bank announced that it would leave its key interest rate unchanged. The Financial Conduct Authority, whose job it is to detect market abuse, is now scrutinising the matter, according to both the central bank and the watchdog.
Deutsche Bank Bosses In Line For €13m Bonus Despite Fifth Annual Loss
- 5 years 4 weeks ago
- Banking
Deutsche Bank bosses will still be taking home a bonus this year despite the bank slumping to a bigger than expected €5.7bn (£4.8bn) annual loss. The bank's management board are due to share a €13m "group level" bonus this year even though they surrendered roughly half their variable pay by not accepting individual rewards based on personal targets, sources said. The decision, first reported by Handelsblatt, came as the lender unveiled a... more
Banca Comerciala Romana launched the instant payment service with support from Allevo
Banca Comerciala Romana (BCR) has joined the Instant Payments service offered by TransFond, with Allevo support. The service ensures the transfer of money between banks in less than 10 seconds, the maximum accepted value of a payment being 50,000 romanian lei. Such payment can be made at any time (24/7/365) between the clients of the banks participating in the Instant Payments service.
Blockchain.com Launches Full Banking Integration for Turkish Lira
- 5 years 1 month ago
- Banking
Blockchain.com, the leading provider of cryptocurrency products including the world’s most popular crypto wallet, has launched a full banking integration for Turkish Lira (TRY) to create a native payment gateway for users to deposit and withdraw Lira on the Blockchain.com Exchange. Turkish users can now go from account creation to buying crypto in as little as five minutes, without having to use a third-party payment processor.
