Mizrahi-Tefahot, Israel’s third largest bank, chooses Temenos for its core banking transformation in the capital markets
- 4 years 8 months ago
- Banking
Mizrahi-Tefahot has chosen Temenos T24 Transact from Temenos (SIX: TEMN), the banking software company, to replace its capital market systems. Temenos is the leader in banking software with more than 3,000 banks in over 150 countries relying on Temenos for their technology needs. Temenos T24 Transact will replace the core system currently used by the bank for its activity in Israeli and foreign securities and will interface with trading systems... more
Standard Chartered completes first transaction on blockchain platform with Linklogis
- 4 years 8 months ago
- Banking
Standard Chartered and Linklogis have recently completed their first joint deep-tier supply chain financing transaction for Digital Guangdong and its upstream suppliers.
Wolters Kluwer Successfully Implements OneSumX for Finance at Small Medium Enterprise Development Bank Malaysia Berhad
- 4 years 8 months ago
- Security and Compliance, Banking
Wolters Kluwer’s Finance Risk & Reporting (FRR) business has successfully deployed its OneSumX for Finance software at Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank), allowing the bank to fully implement the Malaysian Financial Reporting Standards (MFRS) 9. SME Bank, an agency of the Ministry of Entrepreneur Development, has a mandate to nurture and develop the small and medium enterprise sector in Malaysia.
FinTech partnership strengthens position of five°degrees and W.UP in European banking and finance market
- 4 years 8 months ago
- Artificial Intelligence, Core Banking
Today five°degrees; a digital core banking provider, announces its partnership with W.UP, a banking provider that uses artificial intelligence to generate digital revenue and interact with clients. As part of the partnership, W.UP: a London and Budapest based FinTech, becomes part of five°degrees Open Banking Marketplace: an interconnecting banking and finance ecosystem that enables competitors to work together to improve the end-user experience... more
Path Solutions Upgrades Jaiz Bank’s Core Banking Platform for Enhanced Performance
- 4 years 8 months ago
- Core Banking, Islamic Finance
Path Solutions, the global Islamic banking software company, today announced that Jaiz Bank Plc., Nigeria’s premier non-interest (Islamic) bank has successfully upgraded its Islamic core banking platform iMAL R14.1 version. The upgrade is to enable innovation that will meet evolving customers’ needs as it expands into new markets.
Al Ahli Bank of Kuwait partners with EdgeVerve for its Robotic Process Automation journey
- 4 years 8 months ago
- Digital Identity, Banking, Consultancy
Al Ahli Bank of Kuwait has partnered with EdgeVerve Systems, a subsidiary of
Wematch unveils game-changing Euro Interest Rate Swaps matching and negotiating platform for banks
- 4 years 9 months ago
- Digital Identity, Banking
Wematch, the global multi-asset-class, web-based matching and negotiation platform, has added Euro Interest Rates Swaps (IRS) to its expanding scope of live products. Wematch IRS is a web-based, dealer-to-dealer platform, giving sell-side human traders greatly enhanced tools and workflow to match and negotiate trades. It offers tools to support Euro IRS curves, butterflies, and basis structures, adding to its existing portfolio of instruments,... more
ICS Financial Systems named winner of Best Banking & Financial Software Solutions Award 2019 by World Finance
- 4 years 9 months ago
- Banking, Islamic Finance
With disruptive fintech firms becoming a more pervasive fixture in the financial landscape, many traditional institutions are struggling to remain competitive. It’s here that digital solutions providers such as ICS Financial Systems (ICSFS) come in, helping banks to bolster their technological capabilities and maintain their market share.
Cheers Paytech chooses Mambu as core banking system
- 4 years 9 months ago
- Payments, Banking, Core Banking, Cloud
Cheers Paytech, the Singapore-based fintech, has partnered with Mambu to provide the core banking technology for all wallet accounts to fuel growth. The partnership will facilitate the backend movement of funds within the Cheers Wallet Engine. Mambu’s rapid deployment capability and API-first architecture will allow the team to integrate quickly and without the need for complex coding or underlying infrastructure maintenance.
FIS Powers Payment Services for Australia’s All-Digital Volt Bank
Volt Bank, the first of a wave of new digital providers to be granted a banking license in Australia, has chosen technology and services from FIS (NYSE: FIS) to power its mobile and card payment services. FIS, a leader in financial services technology, will provide Volt Bank with processing services for its credit card and mobile payments products. FIS will also provide solutions for risk and compliance management as well as treasury management.
FIS Powers Payment Services for Australia’s All-Digital Volt Bank
- 4 years 9 months ago
- Asset Management, Investment Management, Wealth Management, Payments, Banking
Volt Bank, the first of a wave of new digital providers to be granted a banking license in Australia, has chosen technology and services from FIS (NYSE: FIS) to power its mobile and card payment services. FIS, a leader in financial services technology, will provide Volt Bank with processing services for its credit card and mobile payments products. FIS will also provide solutions for risk and compliance management as well as treasury management.
Nationwide and ClearBank announce partnership
- 4 years 9 months ago
- Banking
ClearBank and Nationwide, the world’s largest building society, have today announced their partnership as the Society prepares to launch a game-changing business current account for Britain’s 5.6 million small businesses.
UnionBank is First PH Bank to Use Blockchain-based Tokenized Fiat for Account-to-account Cross-border Remittance
- 4 years 9 months ago
- Blockchain, Banking
Union Bank of the Philippines (UnionBank) recently became the first Philippine bank to successfully pilot blockchain-based remittance from Singapore to the Philippines. This was done in partnership with OCBC Bank, Singapore's longest established bank, using the Adhara liquidity management and international payments platform.
Finantix targets Japanese and South Korean markets as it establishes Tokyo-based team
- 4 years 9 months ago
- Investment Management, Wealth Management, Private Banking
Finantix, a leading supplier of transformational software to the wealth management, insurance and private banking industries globally, has appointed Haruka Homma as its Country Manager for Japan and South Korea. This role is in response to the growing client demand for digital technologies in wealth management and will further drive the company’s strategic expansion in the APAC region.
Atom bank raises £50m in latest fundraising round
- 4 years 9 months ago
- Banking, Mobile Banking
Atom bank, the UK’s first bank built exclusively for mobile and the UK’s most trusted bank on Trustpilot, has raised £50m in a fundraising round with participation from BBVA, Toscafund, Woodford Patient Capital Trust and funds advised by Perscitus LLP. The new capital will be used to fund further growth and to continue the bank’s investment in technology.
