Central Bank of Brazil introduces virtual assistant service
- 6 years 1 month ago
- Banking, Infrastructure
In January 2019, the Central Bank of Brazil launched the web application Din, a new communication channel that aims to facilitate the citizens' access to information regarding their ongoing relationship with financial institutions. Given that around a third of information requests submitted to the Central Bank are about the reports available in "Registrato" database, Din is a chatbot placed on the "Registrato" page – available only on... more
Moven and Almoayed Technologies Partner to Transform Digital Banking across MENA Region
- 6 years 1 month ago
- Banking
With the goal of empowering banks in the MENA region to lead the world in digital banking services, Almoayed Technologies, the Kingdom’s first officially confirmed open banking AISP/PISP, today announced a strategic partnership with Moven Enterprise, the turnkey smart-banking technology platform founded by financial services’ renowned futurist and author, Brett King.
Wirecard and P.F.C. to launch the next generation of digital banking services in Sweden
- 6 years 1 month ago
- Transaction Banking, Banking
Wirecard, the global innovation leader in digital financial technology, together with the Swedish FinTech P.F.C. - Personal Finance Co., formerly Betalo, have introduced a new digital banking proposition aimed at hundreds of thousands of Swedish consumers. The cooperation between Wirecard and P.F.C., which was founded in May 2012 and belonged to the 50 fastest-growing Swedish technology companies in 2017, has enabled P.F.C to launch Sweden’s... more
Temenos wins ‘Best Digital Banking Solution’ in the Banker Africa – North Africa Banking Awards
- 6 years 1 month ago
- Banking
Temenos, the banking software company, has become the first vendor to win "Best Digital Banking Solution" at the Banker Africa – North Africa Banking Awards. Previously the awards have only gone to banks, making this the first vendor-specific award.
IBM signs $260M Digital Transformation Deal With Philippine Bank
- 6 years 1 month ago
- Banking, Infrastructure
IBM and the Bank of the Philippine Islands signed a $260 million multi-year services agreement calling for IBM to provide IT services for agile IT and hybrid cloud, as well as development to accelerate BPI's digital transformation, IBM said Wednesday.
Onfido collaborates with BitPay for bitcoin payments
- 6 years 1 month ago
- Banking, Authentication Technology
Onfido, the award-winning global identity verification platform, today announced a partnership with BitPay to accept payment in Bitcoin. BitPay is also using Onfido’s technology to meet Know Your Customer (KYC) requirements and onboard new users to its platform swiftly and securely.
Cognizant : New shared banking platform to manage 10% of Finnish banking deposits and loans
- 6 years 1 month ago
- Banking
Cognizant (Nasdaq: CTSH) today announced that it has been selected by three Finnish financial institutions, Savings Banks Group, Oma Savings Bank Plc and POP Bank Group, as their strategic partner to build and operate a shared core banking platform to enable their digital transformation plans.
Three Finnish Financial Institutions Select Cognizant to Digitally Transform Operations
- 6 years 1 month ago
- Banking
Cognizant (Nasdaq: CTSH) today announced that it has been selected by three Finnish financial institutions, Savings Banks Group, Oma Savings Bank Plc and POP Bank Group, as their strategic partner to build and operate a shared core banking platform to enable their digital transformation plans.
Tungsten Network launches Workflow 5.0
- 6 years 1 month ago
- Banking, Accounting
Tungsten Network, the global business transaction network, has released a new version of its Workflow product. Tungsten Network Workflow automates accounts payable processes, enabling incoming invoices to be automatically routed, coded, matched, approved and posted into their Enterprise Resource Planning (ERP) system via an integrated connection. It offers users a single reference point from which they are able to track invoices, monitor cash... more
China’s Banks Continue to Consolidate Global Brand Presence
- 6 years 1 month ago
- Banking, Infrastructure
Led by ICBC as the world’s most valuable banking brand (US$79.8 billion), China’s banks dominate top four spots of the ranking Chinese banks grow 28%, achieving US$407 billion in total brand value, over US$100 billion more than US banks All US banks, with the exception of Wells Fargo (-9%), Chase (-7%), and BankUnited (-6%), improve their brand value Growth of European banks is pedestrian, with German banks losing 24% of value
Natixis Payments and Wynd forge strategic partnership to design retail omni-channel solution
Natixis Payments and Wynd are set to join forces to develop an innovative and disruptive solution to streamline the omni-channel point-of-sale and payment experience, thereby supporting retailers in their digital transition. As part of this strategic partnership, Natixis is taking a stake in Wynd during the company’s fund- raising exercise with a group of investors.
Click and Collect Payment Fraud Increases 13 Percent DUring 2018 Peak Holiday Season
New benchmark data from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, revealed a 13 percent increase in fraud attempts in the click and collect channel during the 2018 peak holiday season.
Falcon strengthens its first-mover position in blockchain banking by introducing direct transfers of cryptocurrencies
- 6 years 1 month ago
- Blockchain, Banking
As the first Swiss private bank, Falcon introduces direct transfers of selected cryptocurrencies for both private and institutional clients. Falcon Private Bank reaffirms its first-mover position in blockchain banking by accepting direct transfers of selected cryptocurrencies. With immediate effect, private and institutional clients can directly transfer cryptocurrencies to and from segregated Falcon wallets, as well as convert them into fiat... more
Al Mustashar Islamic Bank Goes Live in Record Time with ICS BANKS ISLAMIC From ICSFS
- 6 years 1 month ago
- Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that Al Mustashar Islamic Bank, a recently established bank in Iraq, is now operating on its multi-awards winning Islamic banking software suite
People's United Bank to acquire VAR Technology Finance, an industry-leading equipment finance company
- 6 years 1 month ago
- Banking, Infrastructure
People's United Bank, N.A., a subsidiary of People's United Financial, Inc., has acquired
