Coconut introduces limited company current accounts and invoicing product
- 6 years 2 months ago
- Banking, Accounting
Coconut, the current account combining banking and accounting, today launches its new limited company current accounts and invoicing tool.
Avaloq launches dedicated PSD2 solutions to help institutions capitalise on new open banking era
- 6 years 2 months ago
- Banking, Compliance
Global fintech leader Avaloq today announces the launch of dedicated solutions to help financial institutions become fully compliant with ꟷ and capitalise on ꟷ the Payment Services Directive II (PSD2). Financial services firms operating in Europe have until September 2019 to become fully compliant with the regulation, which requires banks and wealth managers to adapt their digital infrastructure and capabilities to allow third-party businesses... more
Path Solutions on the Number One spot in Islamic Banking
- 6 years 2 months ago
- Banking
Path Solutions is proud to announce that it has topped the bobsguide Software Rankings 2018 in the Islamic Banking category - in an industry benchmark list that was revealed on the 11th of December.
OMNIO POWERS UNISYS TO SUPERCHARGE MONMOUTHSHIRE BUILDING SOCIETY’S DIGITAL BANKING
- 6 years 2 months ago
- Online Banking
Omnio Group, a banking and fintech provider formed by the merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, has partnered with Unisys Corporation (NYSE: UIS) to support the organisation in providing cloud based digital current account services to Monmouthshire Building Society (MBS).
SWIFT gpi breaks 50% barrier
- 6 years 2 months ago
- Banking
During 2018, SWIFT’s gpi payments service continued to radically transform correspondent banking. With the support of hundreds of financial institutions, including the world’s 60 biggest banks, it is now being used to send hundreds of billions in payments every day – more than half (55%) of SWIFT’s cross-border traffic.
Israel’s largest credit card company selects Temenos
Temenos (SIX: TEMN), the banking software company, today announced that Isracard, the largest credit card company in Israel, has selected Temenos T24 Core Banking. Temenos’ digital open banking platform will help Isracard achieve its strategic goal of simplifying its systems architecture, and enabling the credit card provider to enhance the digital experience for its customers.
Sohar Islamic Upgrades iMAL e-Services for Internet & Mobile Banking in the Sultanate of Oman
- 6 years 2 months ago
- Banking
Path Solutions is proud to be a partner of choice for Sohar Islamic - Bank Sohar’s Islamic banking window in the Sultanate of Oman, having implemented and recently upgraded iMAL*E-Banking and iMAL*MobileBanking solutions for them to provide innovative Internet and Mobile Banking services to their customers.
FICO signs Raiffeisen Bank
- 6 years 2 months ago
- Banking
To reduce the costs of collections, Raiffeisen Bank International, a leading European retail and commercial bank, will use the cloud edition of FICO® Debt Manager™ solution, a platform for collections and recoveries used by lenders and third-party agencies. The cloud edition is expected to make future upgrades faster and less dependent on IT resources at the bank.
Digital banking: electronic money and cryptocurrencies. Regulation vs technologies
Over the past year there have been changes in the payment business that have affected various areas, among them: - entry into force of the second payment directive PSD2; - continuing trend of cryptocurrency market regulation and the corresponding changes in the legislation of different countries. Constant changes in the regulation of the payment business, the situation in the global market, emergence of new players - all this makes it necessary... more
Services That Help Unbanked Populations With Online Holiday Shopping
- 6 years 2 months ago
- Banking, Infrastructure
Last year, Adobe reported 58 of Nov.-to-Dec.’s 60 shopping days saw over $ 1billion in online U.S. sales. This year, the same source shows year-over-year growth across the board:
Hammurabi Commercial Bank Selects ICS BANKS from ICSFS to Deliver New Advanced Banking Technologies
- 6 years 2 months ago
- Banking, Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, today announced that Hammurabi Commercial Bank, a new established bank by the Central Bank of Iraq, has selected the multi-awards winning solution
Iraq IDB’s successful upgrade of iMAL R14
- 6 years 2 months ago
- Core Banking
Path Solutions, the Fintech solution provider for Islamic finance, today announced that the International Development Bank for Investment and Finance (“IDB”) in Iraq has successfully completed the upgrade of its core banking system to the new Path Solutions’ core, digital platform and echannels of iMAL R14, as of 30th September.
Nordea takes Open Banking beyond PSD2
- 6 years 2 months ago
- Security and Compliance, Banking
Nordea is launching Instant Reporting, a new Open Banking solution that enables corporate customers to access their own accounts and integrate real-time data with their own systems and processes. It is the first offering from Nordea that moves beyond legal requirements in PSD2 and turns Open Banking into a commercially viable product.
Monobank celebrates growth milestone in first year of operation
- 6 years 2 months ago
- Banking
Monobank, Ukraine’s first digital-only bank, hit 600,000 customers early this month making it one of the fastest growing challenger banks in Europe. Launched in November 2017 and on track to reach profitability in 2019, the award-winning bank’s success is due to the founding team’s uncompromising focus on providing the best mobile banking experience for customers.
