Mambu upgrades cloud platform for SMEs
- 10.06.2015 01:00 am
- Online Banking
Mambu, the SaaS banking platform provider, today announced new capabilities designed to provide small banks, commercial/personal finance companies and microfinance institutions the ability address the complex requirements of lending to small to mid-size enterprises (SMEs).
Apple Pay expands into UK
- 09.06.2015 01:00 am
- Mobile Banking
Apple Pay will come to the UK in July, Apple confirmed at its Worldwide Developers Conference in San Francisco on Monday. It will be available at more than 250,000 locations - more than the number of merchants it had in the US for last year’s launch. Participating retailers include Marks & Spencer, Costa and Waitrose – as well as Transport for London, meaning that Tube and bus travel can be paid for with Apple’s contactless payment system.
SmartStream Technologies opens a new office in Nairobi
- 09.06.2015 01:00 am
- Retail Banking
SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced that it has expanded its global operations with the opening of a new office in Nairobi. The office is the second in Africa, following the opening of Johannesburg in April 2013. The new operation will be led by Pritesh Kotecha, Senior Vice President for Middle East, Turkey, South Asia and Africa.
TransferWise Exceeds the £500m a Month Milestone
- 08.06.2015 01:00 am
- Wholesale Banking
London-based money transfer startup TransferWise says it is now processing £500 million a month on its platform, saving customers some £22 million in fees compared to equivalent bank rates. Speaking live on BBC Radio 4’s Today programme, TransferWise founder Taavet Hinrikus says the milestone demonstrates a fundamental shift in people’s awareness of how banks, brokers and others take advantage of customers by hiding the real cost of... more
Temenos delivers T24 Cloud Islamic in Africa
- 05.06.2015 01:00 am
- Islamic Finance
Move enables banks to grasp the US$2 trillion Islamic banking market opportunity through new lower cost cloud access to Temenos’ long-established T24 Islamic banking solution. Temenos (SIX: TEMN), the market leading provider of mission-critical solutions to the financial services industry, today announces that its specialist T24 Islamic core-banking solution is now available as a cloud-based service, ‘T24 Cloud Islamic’, delivering access to... more
NCR expands into APAC region with the opening of its Service Operations Centre
- 05.06.2015 01:00 am
- Retail Banking
NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, today announced the opening of a new Services Operation Centre in Kuala Lumpur, Malaysia. This new facility will serve as NCR’s services hub for the Asia Pacific region. Located at Bangsar South City, the state-of-the-art facility allows NCR to quickly introduce next-generation service delivery support to customers in the financial services, retail, hospitality... more
KBC Will Introduce Online Direct Debit Mandates
- 03.06.2015 01:00 am
- Wholesale Banking
From June 6, the business customers of KBC will be able to handle their European B2B direct debit mandates fully electronically. From then on, they will be able to settle these mandates in just a few clicks. To achieve this, KBC works together with Twikey, the Belgian market leader in the field of electronic direct debit mandates. Creditors use B2B direct debits because they offer more security and guarantees than the European direct debit CORE.
Eeach Year UK Banking Customers Receive Nearly 40,000 Tons Of Paper From Banks
- 03.06.2015 01:00 am
- Banking
UK banking customers receive almost 40,000 (39,899) tons of paper communications from their banks every year, new research has found. Digital financial services software provider Intelligent Environments has found that customers are sent more than 1.2 billion (1,276,776,000) paper communications from their bank each year, including letters and statements. If all letters were stacked up, the pile would reach the equivalent of 6,200 times the... more
Fintellix to Demonstrate Advanced ALLL Management Product at the 2015 ABA CFO Exchange, Nashville, TN
- 03.06.2015 01:00 am
- Banking
Fintellix will be sponsoring this year’s annual American Bankers Association CFO Exchange. Scheduled to be held from June 8 – 10 at the Hilton Downtown in Nashville, Tennessee the conference will educate community bank CFOs about accounting rules, economic trends, financial metrics, portfolio management, and more.
Nomis 4.6 Increases Active Market Signal Response
- 03.06.2015 01:00 am
- Retail Banking
Nomis Solutions today announces the release of Nomis 4.6, the latest version of their feature-rich price optimization suite, which enables banks to utilize actionable insight to react more quickly in today’s dynamic financial services market.
US Bank Streamlines Corporate Mobile App
- 03.06.2015 01:00 am
- Mobile Banking
U.S. Bank Access® Online Mobile, a dynamic productivity tool that gives users anytime access to information about their commercial cards, has been expanded to include more features of Access Online Payment Plus, the bank’s electronic payment management system. Users can now request virtual card accounts and have them delivered right to their mobile devices to make payments.
SWIFT Opens Office In Miami As Part Of Its Growth Strategy For Latin America
- 02.06.2015 01:00 am
- Wholesale Banking
SWIFT announces the opening of its new Latin American regional headquarters office in Miami, Florida to support the growth of the company’s operations in the region. In the last few years, Miami has become a financial hub with the largest concentration of domestic and international banks on the East Coast south of New York, much of which are regional headquarters for their Latin American operations.
Sberbank Unseats VTB Capital Atop Institutional Investor's All-Russia Research Team
- 02.06.2015 01:00 am
- Banking
Last year VTB Capital knocked Sberbank CIB out of the top spot on the All-Russia Research Team, Institutional Investor's exclusive annual ranking of the nation's best sell-side analysts. This year Sberbank returns the favor.
Schroders Signs Up Contrat With Calastone Net Payments Hub
- 02.06.2015 01:00 am
- Private Banking
Calastone, the global funds transaction network, today announced that Schroders, the global asset management company, is now a participant of the Calastone Net Payments Hub, the STP settlement service offering matched netting and the Barclays payments service.
Vermilion Selected To Streamline Reporting At Jyske Bank
- 02.06.2015 01:00 am
- Wholesale Banking
Vermilion Software (‘Vermilion’), the leading global supplier of client reporting and communications software, announces that it has signed terms with leading Danish private bank, Jyske Bank A/S (‘Jyske Bank’).
