Global Corporate Banking Revenue Growth Poised to Double by 2020, say Celent and Finastra
- 6 years 7 months ago
- Banking
A new report from Celent forecasts that global corporate banking revenue is set to grow 4 percent from 2016 to 2020, a doubling of the growth rate recorded between 2010 and 2016. The report highlights that transaction banking and commercial lending represent a $915Bn revenue opportunity through 2020, and high-performing banks have an opportunity to grab an outsized share of the corporate banking wallet. In addition, the report predicts that... more
Xero and Santander Team Up for SME Banking Service
- 6 years 7 months ago
- Banking
Today, Xero, the UK’s leading online accounting software, and Santander, announce an integrated service for SMEs. The service will provide a secure and simple solution for customers that delivers their financial data directly from their bank account into Xero free of charge. Launching in the coming weeks, small business owners will receive the benefit of their accounting software and bank accounts communicating with each other through... more
Saxo Bank joins Copenhagen Fintech Lab
- 6 years 7 months ago
- Banking, Infrastructure
In September Saxo Bank celebrates it 25 year anniversary and boosts its journey from an early online trading pioneer to a leading facilitator of global capital market access by becoming sponsor of Copenhagen Fintech Lab.
Providus Bank Goes Live on ICS BANKS
- 6 years 7 months ago
- Banking
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announces the successful implementation, launch and roll-out of its awards-winning banking and financial solution ICS BANKS at Providus Bank based in Nigeria, which is an innovative financial institution that offers customized business solutions and advanced products that will not only answer customer’s business and personal... more
COR-TF Awarded SWIFT Certification for 2017
- 6 years 7 months ago
- Trading Systems, Banking
Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that COR-TF®, a multi-bank corporate trade finance solution, has been awarded the “SWIFT Certified Application – Trade and Supply Chain Finance for Corporates” label for the sixth consecutive year.
ABN Amro Turns to Bankable Platform for Digital Unit Moneyou
- 6 years 7 months ago
- Banking
Bankable’s Banking as a Service platform powers Moneyou BV, the fully digital consumer subsidiary of ABN Amro. The service is now opened to selected customers in the Netherlands.
Nearly a Quarter of Men and 30% of Women are Willing to Switch to an Online-only Bank, New Figures Show
- 6 years 7 months ago
- Banking, Infrastructure
73% of UK adults now use alterative payment methods, figures show Figures from Paul Hastings’ ‘Future of Payments’ research Women are more likely than men to switch to an online-only bank, but both genders support new payments innovation, figures released by international law firm Paul Hastings show.
Dynatrace Enables Rabobank to Monitor the Real-time Experience of Every Single User
- 6 years 7 months ago
- Banking
Digital performance management company, Dynatrace, today announced that it is working with Dutch multinational banking and financial services company Rabobank. The partnership supports Rabobank’s vision to centralize and optimize company-wide application performance monitoring to future-proof customer experience. The Dynatrace platform will monitor the real-time experience of every single Rabobank customer and employee when they use any of the... more
EBANX Integrates with Credit Cards in Colombia
- 6 years 7 months ago
- Banking
Local payments processor in Latin America for foreign e-commerces, that has reached more than 24 million consumers in Brazil, Mexico, Chile, Colombia, and Peru, EBANX added another Colombian payment method to its portfolio. The company now provides its merchants with the acceptance of credit cards in Colombia by connecting with local acquirers. Colombians can buy on foreign e-commerces that process with EBANX using their Visa, Mastercard,... more
‘Traditional’ Retail Banks Face Skills Drain to More Exciting Challengers
- 6 years 7 months ago
- Banking, Consultancy
The majority (85%) of retail bank IT leaders acknowledge they will face an IT skills shortage within the next five years, according to research from Peru Consulting. The report, Turn to face the Change, reveals that 41% of the tech bosses surveyed believe that the best professionals are likely to be lost from the ‘traditional’ banking sector in favour of the more ‘exciting’ GAFA (Google, Amazon, Facebook and Apple) companies. In fact, GAFA... more
Instabank goes live with Provenir Cloud to Challenge Traditional Lending
- 6 years 7 months ago
- Banking
Instabank, often dubbed a ‘Challenger Bank,’ is among a new breed of financial services that is taking hold of technology to meet the increasing demand for simplified, digital-first banking experience. The bank is using Provenir’s technology to aggregate credit applicant data from structured and unstructured data sources, including credit bureaux and its core banking system, to provide customers with an instantaneous credit decision.
Rabobank Reveals IBAN-Name Check
- 6 years 7 months ago
- Banking
Rabobank customers will as of today be able to use the IBAN-Name Check. The check helps to avoid incorrect transfers and fraud. The IBAN-Name Check has been developed by Rabobank and will also be made available to other banks.
Instabank Deploys Provenir Tech
- 6 years 7 months ago
- Banking
Instabank, often dubbed a ‘Challenger Bank,’ is among a new breed of financial services that is taking hold of technology to meet the increasing demand for simplified, digital-first banking experience.
Monzo Embeds in Deliveroo App for Bill-Splitting
- 6 years 7 months ago
- Banking
Whether you’re going Dutch on a date night dinner, or ordering takeaway for 10, there are plenty of times when you need to divvy up the cost of a meal.
Burundi's BBCI Selects Olympic Banking System
- 6 years 7 months ago
- Banking
ERI is delighted to announce that the Banque Burundaise pour le Commerce et l’Investissement (BBCI), headquartered in Bujumbura, has chosen the OLYMPIC Banking System as its new IT platform for all its operations.
