Temenos completes acquisition of Kony the US #1 digital banking SaaS company
Temenos (SIX: TEMN), the banking software company, today announced that the acquisition of Kony Inc, the fast growing US #1 digital banking SaaS company has now closed. The acquisition will accelerate Temenos’ US presence and strengthen Temenos Infinity, the breakthrough digital banking product. Thomas E. Hogan, Chairman and CEO of Kony, is appointed President of Temenos North America and joins Temenos’ Executive Committee, with immediate... more
Deutsche Bank uses Distributed Ledger Technology to provide global beneficial ownership transparency
- 5 years 5 months ago
- Banking
Deutsche Bank Securities Services has successfully piloted a solution using distributed ledger technology (DLT) to enable further automation of custodial services. The solution addresses the transparency requirements within many custodial services, such as around the tax processing of asset holdings at an ultimate beneficial owner level, and streamlines complex data and reconciliation processes for both the bank and its clients.
The annual conference helping to shape the bank branch for the next generation
- 5 years 5 months ago
- Banking, Consultancy
RBR’s industry-leading Branch Transformation 2019 conference and expo returns to London on 19th and 20th November for its tenth edition, offering an opportunity to learn from some of the world’s most innovative banks Santander, Citibank, ING, Lloyds Banking Group, BNP Paribas and Sberbank will be among the institutions sharing their insights and expertise with delegates at the Branch Transformation 2019 conference in London this autumn. How can... more
Gresham and AccessPay partnership to accelerate global adoption of Clareti Multi Bank services
Gresham Technologies plc, the leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management, today announced a partnership with AccessPay, significantly enhancing its market-leading Clareti Multi-Bank cloud-based solution with connectivity to AccessPay’s enterprise-to-bank integration platform.
BNY Mellon, SWIFT and Microsoft Turn Cloud-Based Messaging Concept into Reality During Sibos 2019 Conference
SWIFT and Microsoft collaborated with Bank of New York Mellon Treasury Services, the first bank to execute a real-time payment (RTP) transaction in the US, to complete the test transaction validating their new Cloud Connect payments capability for banks, financial institutions and enterprises. Bank of New York Mellon executed the payment for Microsoft’s Treasury Department, confirming the Cloud Connect proof of concept unveiled at Sibos last... more
BNG Bank Unveiled as Wolters Kluwer’s First OneSumX SaaS Regulatory Reporting Client
- 5 years 5 months ago
- Banking
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has signed its first client for its recently launched software-as-a-service (SaaS) Regulatory Reporting solution. BNG Bank, which is partiually owned by the State of the Netherlands, will use the solution to automate its regulatory reporting processes and to better ensure reconciliation of reporting between the bank’s own functional departments.
ICICI Bank UK PLC launches instant current account opening for mobile platforms
- 5 years 5 months ago
- Banking
ICICI Bank UK PLC has announced the launch of a digital account opening facility that allows customers to open a personal current account instantly using the Bank’s mobile application. The first-of-its-kind service by an Indian bank in the United Kingdom (UK), it enables Non-Resident Indians (holding an Indian or British passport) and expatriate Indians (holding an Indian passport) and moving to the UK for work, to open a current account.
National Bank of Canada and CGI team up to enhance the bank’s payments ecosystem
CGI (TSX: GIB.A)(NYSE: GIB) has been awarded a contract by National Bank of Canada (NBC) to implement All Payments (APS) as its payments hub solution. Under the agreement, NBC will deploy new technology in preparation for its adoption of Payments Canada regulatory changes. The modernized payments ecosystem will increase the bank’s straight-through processing (STP), improveoperational efficiencies and allow more flexibility in the bank’s product... more
Form3 announces the creation of its International Payments business
Form3, the leading provider of cloud-native API payments technology today announced the creation of its International Payments Business, a new initiative by Form3 to give financial institutions servicing consumers and SMEs access to low cost payments and FX services, utilising its API technology.
BIAN launches ‘Coreless Bank’ initiative with 6 major global banks
- 5 years 5 months ago
- Banking
The independent not-for-profit standards association, BIAN (Banking Industry Architecture Network), today launched its ‘Coreless Bank’ initiative.
PEPPER, mobile-only challenger bank, introduces a revolution in online trading
- 5 years 5 months ago
- Mobile Banking
Pepper, Bank Leumi's mobile-only challenger bank, today launched a revolutionary new investment app, Pepper Invest. It enables customers to buy fractional shares in some 100 shares of top US companies (traded on the S&P 100 index), such as Facebook, Apple, Amazon, Coca-Cola, Ford, Starbucks, Goldman Sachs, Nike and Netflix, with a minimum investment amount of NIS 50.
Commerzbank among the founding signatories of the UN Principles for Responsible Banking
- 5 years 5 months ago
- Banking
Commerzbank is one of the founding signatories of the new Principles for Responsible Banking. These have been developed by the United Nations Environment Programme Finance Initiative (UNEP FI) in collaboration with several international financial institutions, and were officially launched at the start of the UN General Assembly in New York yesterday. Under these principles, 130 banks worldwide have undertaken a voluntary commitment to make the... more
SWIFT enables payments to be executed in seconds
SWIFT today announces the launch of a new service to deliver global instant payments by integrating gpi, the cross-border payments service with real-time service levels, into domestic instant payments systems around the world. Through a combination of gpi and domestic real-time payments networks, SWIFT, together with gpi banks, will facilitate instant international payments with up-front fee and Foreign Exchange transparency for senders, while... more
Gresham and ANZ partnership progresses innovative cash management solution
Gresham Technologies plc, the leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management provides further details of its recent strategic licencing agreement with ANZ for a new and innovative cash management solution.
Bank of America joins the Marco Polo Network to tackle trade finance challenges
- 5 years 5 months ago
- Blockchain, Banking, Financial
Bank of America announces that it is joining the Marco Polo Network, the largest and fastest growing trade finance networks leveraging Corda distributed ledger technology to provide transformative solutions to global trade participants.