HSBC Joins OpenFin’s Series C Financing Round
- 5 years 2 months ago
- Banking, FinTech StartUps
OpenFin, the operating system (OS) of finance, announced today that HSBC has joined its Series C financing round, bringing the total amount raised in this round to $22 million and total funding to date to $45 million. OpenFin will use the latest round of financing to expand its product offering into Asian markets and to fund new product initiatives. Now used at more than 1,500 banks and buy-side firms across nearly 200,000 desktops in 60+... more
Andigo Credit Union Donates $5,000 to Clearbrook
- 5 years 2 months ago
- Banking
Andigo Credit Union is proud to be able to donate $5,000 to Clearbrook, a nonprofit organization that creates innovative opportunities, services and supports for more than 8,000 people with intellectual/developmental disabilities each year. Andigo selected Clearbrook to receive this charitable donation in a show of support for its programs and services.
Instant Payments a first step on the journey to real-time treasury, says Deutsche Bank
Deutsche Bank’s guide to Instant Payments shows global trends in their development and sets out how corporates can prepare for the future of payments and treasury. Over the past five years, Instant Payment schemes have been developed across the world, gaining the attention of consumers, banks, corporates and regulators. While initially making waves in the consumer-to-consumer space, Instant Payments have grown in global prominence for consumer-... more
Saxo Bank and Geely Holding Group to Establish Fintech Joint Venture Serving the China Market
- 5 years 2 months ago
- Banking
Saxo Bank A/S (Saxo Bank) and Geely Sweden Holdings AB, a subsidiary of Zhejiang Geely Holding Group Co. Ltd, (Geely), announced that the two parties have signed an agreement to establish a technological joint venture (JV) to provide financial and regulatory technology solutions to financial institutions such as banks and fintechs in China. The ownership structure of the new joint venture will be an equal fifty percent split between Saxo Bank... more
Metro Bank Launches Cash Delivery Services for SMEs
- 5 years 2 months ago
- Retail Banking
Metro Bank has begun accepting registrations for its on-demand cash collection and delivery service for SMEs across the UK. ‘MCash’ will operate through the bank’s mobile app, where business customers can log on and select a pick-up/drop-off time from 24 hours to a week in advance.
Mambu Selected to Support ODX Digital Lending Platform for Banks
Mambu, a cloud banking platform, today announced that it has been selected by ODX, a leading provider of small business digital lending solutions for financial institutions and a subsidiary of OnDeck (NYSE: ONDK), to provide servicing technology for ODX’s digital lending platform.
13th New Age Banking Summit to be held in Qatar in February 2020
- 5 years 2 months ago
- Banking
The 13th edition of the New Age Banking Summit, a leading platform for the banking and fin-tech sector in the Middle East, will be held in Doha, Qatar, on February 12, 2020, with participation of nearly 200 bankers and technology leaders. Qatari banks remain highly profitable, with a rising customer deposits, assets and loans and advances. However, challenges and risks remain. Innovation and forward thinking remain key factors for financial... more
Wolters Kluwer Compliance Solutions Earns Category Leader Wins in Chartis eGRC Report
- 5 years 2 months ago
- Banking
Wolters Kluwer’s Compliance Solutions business has earned three “Category Leader” quadrant recognitions in the Chartis Research Enterprise GRC Solutions 2019 Market Update & Vendor Landscape report. The quadrants in which Wolters Kluwer Compliance Solutions demonstrates superior capabilities include Enterprise Governance, Risk & Compliance; IT Risk Management; and Operational Risk & Conduct Risk.
EQ Bank partners with TransferWise on international money transfers
- 5 years 2 months ago
- Banking
Today, EQ Bank, the digital platform offered by Equitable Bank (TSX: EQB and EQB.PR.C), Canada's Challenger Bank™, announces a partnership with TransferWise, the global technology company for international money transfers. The result is fully transparent, remarkably fast international money transfers that are up to 8x cheaper1 for EQ Bank customers.
Murex expands presence in Kuwait with new partnership with Gulf Bank
- 5 years 2 months ago
- Banking
Murex, an industry leader in trading, risk management and processing solutions for capital markets, announces that Gulf Bank, one of Kuwait’s largest banks, has selected MX.3 to modernize and digitalize its capital markets and treasury IT. The decision to select Murex is part of Gulf Bank’s wider replatforming of its IT landscape in which Murex will be delivering a fully integrated solution for Gulf Bank’s treasury and capital markets functions... more
Half of Polish adults use mobile banking apps
- 5 years 2 months ago
- Mobile Banking
● About 50% of Polish adults (12 million people) regularly use mobile banking apps to manage their money, according to the conclusions from the newly published report "Mobile Banking and Mobile Payments in Poland 2019". ● Over 40% of them are “mobile-only”, not using any other channel (branch, online banking, etc.) to access banking services. Since September 2018, the number of “mobile-only” customers in Poland has... more
Temenos Expands Corporate Social Responsibility Program to Promote Innovation and Digital Skills and Create Employment Opportunities for Indian University Students
- 5 years 2 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced it has extended its CSR initiative, Adopt iT, to deliver a scholarship program for students at Anna University in Chennai, India. Temenos will award need- and merit-based scholarships to qualifying 2nd, 3rd and 4th year students for the next three years and provide employment opportunities to outstanding scheme graduates.
bunq and Onfido renewed partnership to provide onboarding experience with trusted identity verification
- 5 years 2 months ago
- Artificial Intelligence, Banking
Onfido, the global identity verification provider, today announced a renewed partnership with European challenger bank, bunq.
Temenos Wins ‘Most Innovative Banking Technology Partner of the Year’ with Stand-Out Digital Wealth Platform
- 5 years 2 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, has been awarded the ‘Most Innovative Banking Technology Partner of the Year’ in the Private Banking & Wealth Management’s Special Editor’s Award. Temenos Infinity Wealth impressed the judges with its capacity to deliver digital client experiences while driving considerable efficiency gains for banks from a single front-to-back platform.
Swiss bank SEBA with a focus on digital assets now accepts clients from 9 new jurisdictions
More than 10 years after the invention of Bitcoin, there is still a tremendous gap between traditional banking on one side and decentralised finance on the other side. SEBA Bank, an integrated bank focused on digital assets, works as a bridge builder offering a comprehensive range of services in digital as well as in traditional finance. In August, it received a licence from the Swiss Financial Market Authority FINMA – the first time such a... more
