Paysend signs with Vietcombank to bring money transfer revolution to Vietnam
- 6 years 2 months ago
- Payments, Money Transfers, Banking
Global payments disruptor PaySend which now has over 350,000 customers across Europe and beyond has signed a strategic partnership agreement with Vietcombank Remittance Company (VCBR), which dominates all inbound money transfers in Vietnam. This partnership will let people from anywhere in the world send money directly to any bank account, NAPAS card, Visa or MasterCard issued in Vietnam.
Australia’s first SME “challenger” bank selects VERMEG for their Regulatory Reporting
VERMEG the banking and insurance software solution leader has announced today that Australian Challenger Bank, Judo Capital have selected VERMEG’s AgileREPORTER package, to meet its’ Australian Prudential Regulation Authority (APRA) reporting requirements as part of its’ full banking licence application.
Temenos selected by its first public bank in Tunisia for digital transformation
- 6 years 2 months ago
- Payments, Banking, Infrastructure
Temenos (SIX: TEMN), the banking software company, today announced that Banque de l’Habitat (BH) has signed for T24 Core Banking, Payments, Channels, Analytics, Financial Crime Mitigation and Enterprise Risk Management. Banque de l’Habitat selected Temenos for its best-in-class technology, superior functionality, and the lowest total cost of ownership over a five-year span.
Kingdom of Bahrain Eyes Global Leadership in Open Banking
- 6 years 2 months ago
- Banking
Signalling the pace at which the Kingdom of Bahrain is embracing the new era of open banking, in just one week the Kingdom’s regulator, the Central Bank of Bahrain, has mandated open banking adoption for Bahraini retail banks that provide online banking services to their customers and provided an in-principle confirmation to the first domestic open banking infrastructure provider, Almoayed Technologies.
Nordic Finance chooses Tieto’s leasing platform to start offering leases and disrupt the leasing market
- 6 years 2 months ago
- Banking, Infrastructure
Tieto has signed an agreement with Swedish leasing broker Nordic Finance to provide a leasing system that disrupts conventional processes and gives customers a smoother experience through digitalisation and automation.
Ecobank, the Pan African Bank, appoints MFS Africa Ltd as Digital payment partner
- 6 years 2 months ago
- Banking
Nordea announces organisational changes
- 6 years 2 months ago
- Banking, People Moves
Nordea Bank Abp (Nordea) has decided to further increase focus and strengthen execution within risk and compliance by consolidating resources in these areas. Two roles in Group Executive Management will be changed.
iwoca adds Barclays and HSBC to Open Banking connections
- 6 years 2 months ago
- Banking
iwoca, the UK’s fastest growing small business lender, today announces it has connected to Barclays and HSBC banks under Open Banking. This expands the number of Open Banking connections offered by iwoca to three, including Lloyds Bank, and will enable more than 60 percent of the lender’s customers to take advantage of the Open Banking service.
Equifax comments: Momentum building for Open Banking in 2019
- 6 years 2 months ago
- Banking
Jake Ranson, Banking & Financial Institutions Expert and CMO at Equifax UK, believes consumers will begin experiencing the full benefits of Open Banking in the year ahead: January 2019 marks the first anniversary of Open Banking, and we can expect it to play a central role in the banking sector for the year ahead. As more companies evolve the new technology into live customer journeys, consumers will really begin to experience the full... more
Data breaches threaten customer trust in Open Banking
- 6 years 2 months ago
- Banking, Infrastructure
TLT’s Opportunity Knocks report on Open Banking, which draws on research involving 130 senior decision makers across UK financial services, highlights a growing tension between data sharing – the basic tenet of Open Banking – and high profile data breaches, as customers grow increasingly aware of and sensitive to data security issues.
Sberbank taps POS lending market
- 6 years 2 months ago
- Banking
Sberbank announces its entrance on the POS lending market with a new product, Purchase on Credit.
AAOIFI and Path Solutions sign agreement to pursue and maintain certification
- 6 years 2 months ago
- Islamic Finance
The Accounting and Auditing Organization for Islamic Financial Institutions (“AAOIFI”) and Path Solutions signed an agreement for the renewal of certification for Path Solutions’ iMAL Islamic core banking platform to comply with AAOIFI’s relevant standards.
IDC urges Middle East's Banking & Finance industry to enhance provision of digital customer experiences
- 6 years 2 months ago
- Banking, Infrastructure
As the open banking movement gathers momentum and the use of artificial intelligence (AI) continues to proliferate across the industry, 25% of financial institutions worldwide will be capable of processing transactions initiated by third-party digital personal assistants by 2022.
thinkmoney Chooses Token for PSD2 Compliance
- 6 years 2 months ago
- Banking
Turnkey open banking platform provider, Token.io Limited, has been chosen by UK financial institution thinkmoney to deliver PSD2 compliance and open banking capabilities before the first Regulatory Technical Standards (RTS) deadline in March.
Token and Almoayed Technologies Partner to Deliver Open Banking Across MENA Region
- 6 years 2 months ago
- Banking
Turnkey open banking platform provider, Token.io Limited, today announces a partnership with Almoayed Technologies, the MENA region’s leading technology infrastructure development company, to accelerate open banking across the Arabian Peninsula. Ahead of the introduction of open banking regulations in Bahrain, announced yesterday*, Almoayed Technologies and Token have been working together to enable fast and simple compliance for the Kingdom’s... more
