New Frontier Group partners with Mambu
- 6 years 7 months ago
- Banking
New Frontier Group (NFG), a global leader in digital transformation, has partnered with Mambu, the leading SaaS banking engine, to extend its digital banking offering. The cloud-based model leverages NFG’s market-leading opti-channel digital banking solution, powered by Mambu’s SaaS banking engine, to create a fully online and automated digital banking offering which allows institutions to rapidly go to market and deliver business value.
Trustonic chosen by Alcinéo to protect mPOS smartphone apps
Payment innovator Alcinéo has chosen Trustonic Application Protection (TAP) to protect its mobile point of sale (mPOS) apps. This will enable banks around the world to offer Alcinéo’s mPOS solutions to their business clients, providing them with the ability to accept payments on mobile devices safe in the knowledge that their customers’ data and payment credentials are protected to the highest level.
iwoca Reaches Profitability
- 6 years 7 months ago
- Banking
iwoca, one of Europe’s largest alternative small business lenders, today announces it reached profitability in the first half of 2018 amid a doubling of revenue over three successive years. iwoca launched in 2012 and has since lent £500m to 20,000 businesses. To meet soaring demand from its small and micro business customer base, iwoca lent a company-record £2.2 million to 137 businesses in a single day at the end of June 2018, funding small... more
Arya Now Leveraged by More Than 20 Financial Institutions Worldwide
- 6 years 7 months ago
- Banking
Arya, an intelligent, open architecture digital services platform for both retail and commercial account holders, announced that over 20 financial institutions worldwide have selected its platform to deliver a feature-rich digital banking experience to their account holders. The highly flexible platform is uniquely positioned to serve banker’s banks and corporate credit unions as well.
Piraeus Bank selects Antelop as its mobile payments provider
Antelop, leading reference in mobile payment solutions for card issuers and banks accelerate deployment with Piraeus Bank, largest card issuer in Greece.
Getting Closer to the Market, Western Union Opens Office in Ivory Coast
- 6 years 7 months ago
- Banking
Western Union has been providing fast, reliable and convenient money transfer services in Ivory Coast since 1995 Western Union (www.WesternUnion.com), a leader in global cross-border, cross-currency money movement, announced today the opening of an office in Ivory Coast, reinforcing the company’s on-going commitment to service excellence by getting even closer to customers.
Maalem Financing Taps Path Solutions Islamic Core Banking Platform
- 6 years 7 months ago
- Banking, Core Banking, Islamic Finance
In line with its new business and innovation strategy, Maalem Financing has signed an agreement with Path Solutions, the Islamic banking software specialist, in which iMAL Islamic core banking platform will be rolled out progressively at the company’s headquarters.
Report recognizes Finastra for both banking book and trading book operations
- 6 years 7 months ago
- Trade Finance, Banking
Finastra has been positioned as a Category Leader in the Chartis RiskTech Quadrants for both banking book and trading book credit risk solutions. The rankings are featured in a recent report published by Chartis, titled Technology Solutions for Credit Risk 2.0, 2018, which assesses the technologies that are addressing the speed, flexibility and risk profile of the lending market.
Western Union integrates the mobile app of Russia's Post Bank
- 6 years 7 months ago
- Banking
The Western Union Company (WU) (NYSE: WU), a leader in cross-border, cross-currency money movement, and Post Bank, one of Russia’s largest banks, have expanded their offering for digital international money transfers by enabling customers to use Post Bank’s mobile banking app to send Western Union Money Transfers directly into billions of bank accounts in more than 50 countries.
Mashreq Bank and SunTec partner to meet VAT compliance
- 6 years 7 months ago
- Banking
SunTec, the leader in revenue management and customer experience orchestration, today announced its partnership with Mashreq Bank, one of the leading financial institutions in the UAE. Through this collaboration, SunTec will enable seamless computing and invoicing of the recently introduced Value Added Tax, without causing disruptions to Mashreq’s existing systems.
Sberbank upgrades mobile app by adding auto-repayment of credit debt
- 6 years 7 months ago
- Banking
Sberbank has launched a service that allows clients to set up automatic repayment of credit card debt.
SmartStream signs Jumhouria Bank of Libya
- 6 years 7 months ago
- Transaction Banking, Reconciliation
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced Jumhouria Bank, the largest bank and branch network in Libya, has signed a deal forSmartStream’s Corona solution for the delivery of intra-day reconciliations management across cash, cards, branch, central bank and payment transactions.
The FCA Annual Report highlights gap between banks and SMEs
- 6 years 7 months ago
- Banking
The FCA’s efforts to improve financial services for SMEs will be the subject of the organisation's annual report, published today. SMEs are the lifeblood of the UK economy, contributing more than £200bn a year, but increasingly feel under-served by banks.[1]
SaxoBank Chooses AU10TIX 2nd Generation Customer ID Authentication & Onboarding Automation
- 6 years 7 months ago
- Artificial Intelligence, Banking
International trading and investment platform SaxoBank enhances customer onboarding and fraud prevention with AU10TIX 2nd generation ID authentication and onboarding platform BOS. AU10TIX BOS is the first and currently only fully operational Cloud service, offering 100% end-to-end automation (No manual review, no customer data entry required), forensic-level ID authentication, multi-modal Selfie-to-ID face matching, Proof-Of-Address handling and... more
CashFlows offers BIN Sponsorship services
CashFlows today announced it will help to break down barriers to payment innovation by offering BIN sponsorship services through the ground-breaking Open Payments Cloud (OPC). New and smaller programmes have always posed a fundamental challenge within the industry whereby low card volumes present commercial challenges and creates a barrier to entry.