TSB to Create 100 IT Jobs at New Digital Banking Centre in Edinburgh
- 5 years 6 months ago
- Banking
TSB is to create 100 jobs at a new IT centre to be set up in Edinburgh as part of its digital banking strategy to avoid a repeat of its system meltdown. The new staff in Edinburgh will be IT specialists, data engineers and analysts. The bank has suffered online banking problems under a new system introduced in 2018, with 200 million customer temporarily losing access to their accounts in April of that year.
Twenty More Metro Bank Staff Sign Up For Digital Banking MSc Programme
- 5 years 6 months ago
- Banking
Metro Bank, known for its exceptional customer service, has welcomed a second cohort of colleagues onto its MSc programme in Retail and Digital Banking, which it set up with Cranfield School of Management in 2018.
British Bank Award nomination for Banking Circle
- 5 years 6 months ago
- Banking
Starting 2020 in the same vein as 2019 finished, Banking Circle continues to achieve success in industry awards. It has been announced as a finalist in the British Bank Awards, from Smart Money People. Nominated and voted for by customers, the British Bank Awards aim to find the best products, hottest innovation and most trusted financial brands and partners in the industry.
Open Banking Platform Tink Completes €90 Million Investment Round
- 5 years 6 months ago
- Banking
Tink today announces it has completed a €90 million investment round. This investment round follows Tink’s €56 million investment round in February 2019, which makes today’s funding Tink’s largest to date.
SunTrust Bank Nigeria to Revamp its Partnership with ICSFS
- 5 years 6 months ago
- Islamic Finance
Revolut Raise Set to Value Business at $5 Billion
- 5 years 6 months ago
- Retail Banking
UK-based Revolut is on course to achieve a $5 billion valuation during an upcoming funding round, according to documents from lead investor Technology Crossover ventures (TCV) Financial News, which has viewed the prospectus, says the round is expected to close later this month. Silicon Valley TCV, an early investor in the likes of Spotify, Airbnb and Netflix, closed a $3 billion fund in January 2019 to back fast-growing new economy companies.
Australian Lender Wisr Raises $35 Million
- 5 years 6 months ago
- Retail Banking
ASX-listed marketplace lender Wisr has raised $35 million via a placement of approximately 181 million ordinary shares. Wisr offers small to medium loans to help consumers pay down debt at rates based on borrowers’ individual risk profile. The five-year old company also operates a credit score comparison service. The firm says it will use the proceeds of the placement to grow its credit product offerings and strengthen the balance sheet.
Kickstart the decade with Asia’s biggest disruptors at Money20/20 in Singapore
- 5 years 6 months ago
- Payments, Banking, FinTech StartUps, IT Innovations, Infrastructure
Money20/20. No, not the year 2020 but perfect, 20/20 vision. As in, see-into-the-future-of-money type vision. Money20/20 brings that future into crystal clear focus, so those in the industry can plan, create, collaborate – and take their businesses forward. With that goal in mind, the region’s biggest change-makers are joining the line-up in Singapore, with keynotes including:
Shawbrook Bank wins competitive process to provide UK’s largest tomato supplier with £25m bespoke funding package
- 5 years 6 months ago
- Banking
Specialist SME lender Shawbrook Bank has successfully completed its largest ever working capital transaction in the North West, providing APS Group with a £25m bespoke funding package. First founded in 1949 on one site in Cheshire, APS Group is a family-owned business which specialises in the production and supply of top quality tomatoes. Growing at 6 sites and producing over 500 million tomatoes a year, APS Group was looking to further... more
Bankable Announces Strategic Global Partnership with Plaid
- 5 years 6 months ago
- Banking
Bankable, the global architect of “Banking as a Service” solutions, announced a strategic global partnership with Plaid, a data network powering the fintech apps that millions of people rely on to improve their financial lives. The partnership will allow Bankable’s customers the ability to use Plaid’s technology to connect with their users’ bank accounts worldwide. In addition, Plaid customers will gain access to Bankable’s cloud-based banking... more
ICSFS Recognised for its Core Banking Implementation by IBSI
- 5 years 6 months ago
- Banking, Core Banking
IBS Intelligence recognised ICS Financial Systems Limited (ICSFS), the
Over half of ATMs to offer automated deposit by 2024
- 5 years 6 months ago
- Banking
Banks around the world continue to upgrade their self-service estates to meet increasing customer demand for efficient, real-time deposit transactions Automated deposit terminals are becoming indispensable at bank branches globally
Union Bank© Partners with FIS for Next Generation Banking Technology
- 5 years 6 months ago
- Banking
Union Bank and global technology leader FIS™ (NYSE: FIS) today announced a cooperative agreement to deliver a next-generation core banking platform to power the bank through its next iteration of digital offerings.
Temenos reaches major milestone with the roll-out of Temenos Transact microservices architecture
Temenos (SIX: TEMN), the banking software company, announced that it has reached a major milestone in the delivery of its microservices-based architecture for cloud-native, cloud-agnostic Temenos Transact. This unlocks the potential for Tier 1 banks to strategically transform their core banking systems at scale.
Broadridge Accelerates Hybrid Cloud Strategy with IBM Services to Drive Next-Gen Capabilities for Clients
Broadridge Financial Solutions, Inc. [NYSE:BR], a global Fintech leader and part of the S&P 500® Index, and IBM Services [NYSE:IBM], today announced an agreement to bring new cloud-based solutions to Broadridge’s clients in the financial services industry. As part of this strategic collaboration, Broadridge will create The Broadridge Private CloudTM powered by IBM and will transition a significant portion of its global infrastructure to IBM.
