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
Judo Bank goes live with cloud-native, cloud-agnostic Temenos T24 Transact
Judo Bank, the first SME focused bank operating in Australia, today announced that it has gone live in record time with Temenos T24 Transact, Analytics, Financial Crime Mitigation and Channels – a module of Temenos Infinity – running on Temenos Cloud.
Outdated Technology Preventing Banks from Investing in Disruptive Technologies, according to Fenergo Survey
- 4 years 11 months ago
- Banking, Infrastructure
Fenergo, the leading provider of digital Client Lifecycle Management (CLM) software solutions for financial institutions, revealed that 20% of C-suite executives in banks say that the maturity of their technology infrastructures is preventing them from investing in new, disruptive technologies including big data analytics and Artificial Intelligence (AI) to improve CLM. 67% are not currently partnered with a fintech/regtech provider to improve... more
IHS Markit Launches Solution to Speed New Account Onboarding
- 4 years 11 months ago
- Banking
IHS Markit (Nasdaq: INFO), a world leader in critical information, and analytics, today announced the launch of Onboarding Accelerator, a new solution to help banks and other service providers open accounts with institutional clients more quickly. Onboarding new clients is complex in financial services because of the amount of information the bank or service provider must collect to satisfy know your customer, anti-money laundering, credit,... more
Wolters Kluwer’s Lien Solution Launches Portfolio Sync
- 4 years 11 months ago
- Alternative Finance
Wolters Kluwer’s Lien Solutions has launched Portfolio Sync, a first-of-its-kind lien management solution designed for lenders who use multiple methods of submitting Uniform Commercial Code (UCC) filings.
Leading Tunisian Bank Taps Temenos to Drive Digital Transformation and Future Growth
- 4 years 11 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that the Arab Tunisian Bank (ATB) has become the latest bank in the country to select Temenos for its digital transformation program. ATB will transform its bank with Temenos Infinity, the breakthrough digital front office product, and Temenos T24 Transact, the next generation core banking software.
