Nordea publishes a supplement to the prospectus regarding the move into the Banking Union and merger of Nordea Bank AB (publ) into Nordea Holding Abp
- 6 years 6 months ago
- Banking
Nordea has supplemented the prospectus dated 16 February 2018 related to the merger of Nordea Bank AB (publ) into Nordea Holding Abp (Nordea Finland) and the subsequent listing of the shares in Nordea Finland. The Finnish Financial Supervisory Authority has today approved the supplement to the prospectus, which relates to the publication of the interim report of the Nordea Group on 19 July 2018 and includes certain additional updates.
CYBG opts The ID Co to launch first Open Banking solution
- 6 years 6 months ago
- Banking
Today The ID Co. announced that it has been working with CYBG on integrating its DirectID Open Banking Platform into the Bank’s B mobile banking app. B offers customers an intuitive mobile app, with a range of interactive tools designed to offer customers a single place to manage their financial and lifestyle needs, helping them become more financially fit. CYBG recently launched its aggregation service, allowing customers to see their current... more
Meet the WinstantPay team at the Figure Finance Bangkok
Meet the WinstantPay team at the Figure Finance Bangkok expo (
Paylater, the mobile app providing Nigerian consumers with access to credit, has reached 1 million downloads
In Nigeria, a country of nearly 200 million people, 61% of the adult population is un- or underbanked. Fintech companies like Paylater represent a tremendous opportunity to get formal banking services in the hands of Nigerian consumers to provide much needed liquidity for entrepreneurial investment, personal development, or unexpected expenses.
Barclays partners with leading fintech MarketInvoice
- 6 years 6 months ago
- Banking
High street bank to take strategic minority stake in MarketInvoice Barclays has today announced that it is partnering with leading fintech business MarketInvoice, Europe’s largest online invoice financing platform, in a deal that is set to transform the way small and medium enterprises (SMEs) in the UK manage cash flow and accelerate growth.
Intelenet Global Services: UK banks can’t become complacent despite upbeat forecast for second quarter
- 6 years 7 months ago
- Banking
As UK banks continue to report their interim results, the forecast remains positive for banking giants Royal Bank of Scotland (RBS) and Lloyds Banking Group. While the outlook is rosy, traditional lenders still face fierce competition from digital challenger banks, with 61 percent of smartphone owners opting to bank solely online.[1]
Sopra Banking supports Attijariwafa Bank's launch in Egypt
- 6 years 7 months ago
- Banking
Attijariwafa Bank Egypt and Sopra Banking Software announce successful completion of the bank’s global IT transformation. Following the acquisition of Barclays Bank Egypt, at the end of 2016, Attijariwafa Bank group has launched a major transformation programme with Sopra Banking Software, its long-term partner in over 20 countries, across Africa and Europe.
Ayeyarwaddy Farmers Development Bank in Myanmar Selects Infosys Finacle to Drive Innovation and Growth
- 6 years 7 months ago
- Banking
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), and Ayeyarwaddy Farmers Development Bank, widely known as A Bank, a leading commercial bank in Myanmar, today announced the bank’s decision to adopt the Finacle solution suite to power the bank’s digital transformation.
Rabobank Selects ACI Worldwide to Modernise Card Portfolio Business
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Rabobank, a global multinational bank, will utilise ACI Issuer to modernise the management of its card portfolio business.
Bank of America Merrill Lynch Introduces Mobile App for Commercial Prepaid Cards
- 6 years 7 months ago
- Banking
Bank of America Merrill Lynch, a leader in Global Commercial Card solutions, today announced that it has launched a mobile application for cardholders of prepaid cards. The app launch demonstrates the bank’s commitment to making the lives of our clients and their cardholders easier by bringing new, digital capabilities to corporate and government clients and to their customers or beneficiaries.
EdgeVerve Systems Positioned As a Leader in the Gartner Magic Quadrant for Global Retail Core Banking
- 6 years 7 months ago
- Core Banking
Infosys Finacle, part of EdgeVerve Systems, a fully owned subsidiary of Infosys (NYSE: INFY), today announced that it has been positioned as a Leader in Gartner’s Magic Quadrant for Global Retail Core Banking1. Gartner evaluated 10 Core Banking solution vendors on 15 criteria spread across ‘Ability to execute’ and ‘Completeness of vision’. EdgeVerve Systems has been recognized as a Leader by Gartner for the 11th consecutive year.
Path Solutions takes top honors in three ACQ5 Global Awards
- 6 years 7 months ago
- Islamic Finance
Path Solutions is pleased to announce that Mohammed Kateeb, the company’s Group Chairman & CEO received the highly coveted recognition for ‘Gamechanger of the Year (Islamic Financial Technology)’, while the company was awarded ‘Core Banking System Provider of the Year (Islamic Finance) – International’ for the 5th time, and its ground-breaking technology solution for financial inclusion iSHRAQ*Microfinance named ‘Sharia-Compliant... more
ICS BANKS Auto Collection System
- 6 years 7 months ago
- Banking, Risk Management
ICS BANKS Auto Collection System is a robust collections software solution that is introduced to reduce and mitigate risk of managing past due or delinquent accounts. This automated system monitors the customer’s accounts which have unpaid arrears in order to track any amount that becomes available, and blocks it against these arrears, before being drawn or used by the customer.
Venture in Italy: FinLeap becomes even more international with "Beesy"
- 6 years 7 months ago
- Banking
FinLeap founds its first company in Italy, supported by Fabrick as lead investor. Beesy is a digital financial management solution for small businesses and freelancers. Ramin Niroumand, CEO of FinLeap: "With Beesy we are taking a new step and founding our first Fintech company outside of Germany".
Sumitomo Mitsui Trust Bank (U.S.A.) Adopts DTCC Alert GC Direct To Efficiently Manage Settlement Process
- 6 years 7 months ago
- Banking, Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, today announced that Sumitomo Mitsui Trust Bank (U.S.A.) Limited (SuMi TRUST USA) has become the first Japanese global custodian to go live on the ALERT Global Custodian Direct (GC Direct) workflow.
