Allegacy Federal Credit Union Strengthens Its Core with Transition to Fiserv
- 4 years 11 months ago
- Core Banking
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Allegacy Federal Credit Union, a $1.43 billion in assets credit union based in Winston-Salem, North Carolina, will advance its member and business services capabilities and prepare for the next stage of its growth by enhancing its core platform with an integrated suite of solutions from Fiserv.
ACI Worldwide Transforms Payments and Security for Chile’s Largest Acquirer
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Transbank, the largest acquirer in Chile and an existing ACI customer, is now taking advantage of ACI’s UP Retail Payments solution to offer differentiated services to businesses, maintain a competitive edge in the market and better comply with local card scheme mandates.
ICS Financial Systems Named “Best Technology Solution Provider to Islamic Finance in UK”
- 4 years 11 months ago
- Banking, Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, is awarded “Best Technology Solution Provider to Islamic Finance in UK” during CIS (The Commonwealth of Independent States) – Islamic Banking and Finance Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE).
Worldwide Demand for ATMs Dropped for the First Time
- 4 years 11 months ago
- Cash management, Payments, ATMs, Banking
China’s ATM numbers continue rapid fall According to a brand-new report from RBR, Global ATM Market and Forecasts to 2024, ATM numbers dropped in four of the five largest markets in 2018. More than half the world’s ATMs are found in just five countries; of these China, the USA, Japan and Brazil saw a decrease in ATMs, whilst in India, growth slowed considerably.
Piper Jaffray Chooses MCO’s Compliance Management Software
- 4 years 11 months ago
- Investment, Asset Management, Banking
-MyComplianceOffice (MCO) announced today at the annual
Deutsche Bank Reveals Ultimate Guide to ISO20022 Migration
The decision by major central banks and SWIFT to migrate to ISO 20022 is an opportunity for banks and corporates to improve operational efficiency and reassess existing business models, but will require CEO commitment and allocation of appropriate budgets.
The National Bank of Bahrain Enables Open Banking Services in MENA
- 4 years 11 months ago
- Banking
National Bank of Bahrain (NBB) has today taken a lead role in evolving the banking industry in the region, by adopting technologies that enable it to deliver new open banking services to its customers.
Discovery Bank Taps Aconite Technology’s EMV Solution Suite
- 4 years 11 months ago
- Banking
Aconite Technology Ltd is proud to announce that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Limited, the leading South African insurance and financial services provider, has started issuing and processing EMV®* debit and credit cards using Aconite Technology’s EMV solution suite. This initiative is part of Discovery’s expansion from a predominantly insurance-based business to a fully-fledged banking... more
Fenergo and Refinitiv Join Forces to Accelerate Client Onboarding
Facilitating the flow of legal entity and counterparty information between banks and data providers to counteract financial crime, bribery and corruption is critical. Fenergo, the leading provider of digital Client Lifecycle Management (CLM) software solutions, has partnered with Refinitiv, global provider of financial markets data and infrastructure, to enable customers to more efficiently identify risk.
Brits Wary of New Technology in Banking, Despite High Demand
- 4 years 11 months ago
- Banking
While British consumers expect their banks to ensure that the latest technology is available, consumers’ rate of adoption does not necessarily meet the rate of innovation. Nearly a third (30 percent) of Brits say their bank is over-ambitious introducing additional services on different devices, saying they do not need or want more ways to interact. At the same time, over two-thirds (69 percent) expect their bank to be delivering the latest... more
Syncordis Announces Global Strategic Partnership with Temenos
- 4 years 11 months ago
- Banking
Syncordis S.A., a wholly owned subsidiary of Larsen & Toubro Infotech (LTI), today announced a strategic global partnership with Temenos, the banking software company. This partnership will enable Syncordis to seamlessly offer an array of Temenos certified services to banks across the globe.
More Global Banks Commit to Finastra’s Fusion LenderComm
- 4 years 11 months ago
- Banking
Finastra has signed three global banks on its Fusion LenderComm platform as part of a coordinated campaign, including BNP Paribas, Natixis and Societe Generale. With NatWest, which joined recently, the ramp up signals a move towards a new era of efficiency in this complex space.
ICS Financial Systems to Participate at AAOIFI’s Shari’ah Conference, 17th Edition
- 4 years 11 months ago
- Islamic Finance
Manama, Kingdom of Bahrain: ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, has participated in the 17th Annual Shari'ah Conference of
Atom bank select TruNarrative for next generation protection against financial crime
TruNarrative are proud to announce their latest partnership with the UK’s first bank built exclusively for mobile and tablet, Atom bank plc, to provide an AML transaction monitoring and financial crime customer screening and monitoring solution.
New Hong Kong Virtual Banking Licenses
- 4 years 11 months ago
- Banking
The Hong Kong Monetary Authority (HKMA) announced (9 May 2019) that the Monetary Authority has granted banking licences under the Banking Ordinance to Ant SME Services (Hong Kong) Limited, Infinium Limited, Insight Fintech HK Limited and Ping An OneConnect Company Limited for them to operate in the form of a virtual bank. The granting of these banking licences takes effect today. According to their business plans, these four newly licenced... more
