Avaloq becomes founding partner of FinTech Scotland
- 6 years 11 months ago
- Banking
Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, has become a founding partner of FinTech Scotland, a newly-established company tasked with promoting Scotland as a global fintech hub. Avaloq has had a significant presence in Scotland since 2012, with Edinburgh being home to one of its global Research & Development Centres.
Mobey Forum Launches Internet of Things Expert Group
- 6 years 11 months ago
- Banking, IT Innovations
Mobey Forum, the global industry association empowering banks and other financial institutions to lead in the future of digital financial services, today announces the formation of its latest expert group, exploring the evolution of the Internet of Things (IoT) and the opportunities it creates to enhance the delivery of financial services.
Danske Bank Sets Out Cryptocurrency Policy
- 6 years 11 months ago
- Banking
We have a negative position towards cryptocurrencies and strongly recommend that our customers refrain from investing in the field. Over the past years, cryptocurrencies such as Bitcoin, Ethereum and Monero have gained widespread attention among consumers and investors in many countries. The debate about these digital currencies has given rise to questions from both customers and investors. With this article, Danske Bank would like to express... more
Webster Bank Partners with Novantas PriceTek Deposits Platform
- 6 years 11 months ago
- Banking
Novantas, the industry leader in analytic advisory services and technology solutions, is pleased to announce that Webster Bank has selected the company’s PriceTek Deposits platform, to support its efforts to enhance customer value by advancing the bank’s deposit analysis capabilities and strategic portfolio decisions.
Temenos named Best Islamic Banking & Finance Software Solution by World Finance Magazine
- 6 years 11 months ago
- Banking, Islamic Finance
Temenos (SIX: TEMN), the banking software company, today announced that it has won "Best Islamic Banking & Finance Software Solution" in WorldFinance magazine’s annual Islamic Finance Awards. Temenos' IslamicSuite was first nominated by World Finance magazine readers and users of their website before being strictly evaluated by a judging panel along with other competitors. Criteria in this judging included Shari’ah compliance, the solutions... more
Axiom Bank Partners Malauzai for App Targeting Underbanked
- 6 years 11 months ago
- Banking
Axiom Bank, the second largest community bank in Florida, recently launched AxiomGo, an all digital checkless checking account for people who want an alternative to prepaid cards and traditional checking. The bank partnered with Malauzai to design and deploy a mobile app that meets the unique needs of a traditionally underbanked community, providing users a dynamic, bilingual, mobile banking experience.
TD Bank Selects nCino for Corporate and Commercial Lending Units
NCino, the worldwide leader in cloud banking, today announced that TD Bank, America's Most Convenient Bank, is adopting nCino's Bank Operating System across its corporate and commercial lending divisions in 2018 as part of a digital transformation.
Peoples Trust Company opts Finastra
- 6 years 11 months ago
- Banking
Peoples Trust Company of Saint Albans, USA, has selected Finastra to provide a single, end-to-end lending solution for commercial and consumer lending. Using Finastra’s Total Lending solution, which packages the power of the Fusion LaserPro, Fusion DecisionPro and Fusion CreditQuest products, the bank will be able to manage its lending process from origination through to booking and thus increase efficiency and customer service.
Travelex, AWS, Ripple, Starling Bank to debate future impact of Open Banking
- 6 years 11 months ago
- Banking
Travelex today announced that it is hosting a landmark event on the future implications of Open Banking, titled “Open Banking: Innovation Disguised as Regulation”. The event will take place from 6pm on the 28th March at the National Theatre. The event will explore how Open Banking is expected to change the financial services landscape by hearing from companies that will potentially have the largest transformative effect.
Berlin Based Fintech Penta Launches Product in Attempt to Digitize Company Formation in Germany
- 6 years 11 months ago
- Banking, IT Innovations, Infrastructure
Berlin based fintech Penta is taking a big step in its bid to further help businesses save time on their banking. The fintech startup today unveiled “Compass”, a platform that helps businesses who are incorporating to deposit their share capital and open a bank account in under 24 hours in Germany, shortening the overall incorporation process by several weeks.
Cooperation and Automation are Coming Into Focus in the Financial Market
- 6 years 11 months ago
- Banking
According to the financial experts of the traditional banking and P2P lending markets who gathered at the European conference LendingUP! in Prague together, cooperation between banks and fintechs, smart automated and transparent solutions will stay in focus.
Independent Study Commissioned by Virtusa Finds 85 Percent of Businesses Plan to Invest in Digital Transformation in 2018
- 6 years 11 months ago
- Banking
Virtusa Corporation (NASDAQ GS: VRTU), a global provider of digital engineering and IT outsourcing services that accelerate business outcomes for its clients, today announced the findings of The Digital Transformation Race Has Begun, a September 2017 study commissioned by Virtusa and conducted by Forrester Consulting, that reflects the digital maturity of firms worldwide. The study evaluates the state of digital transformation across six key... more
Compass Plus offers active-active database clustering on TranzAxis
Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has announced the new active-active database clustering feature on its open development payments platform, TranzAxis, enabling system upgrades with zero downtime.
ABN AMRO CHOOSES SIA TO ACCESS INSTANT PAYMENTS
SIA won the tender to connect ABN AMRO, one of the largest banks in the Netherlands, to EBA Clearing’s pan-European instant payments infrastructure RT1. Thanks to SIAnet, the fiber optic network with high speed and low latency stretching over 170,000 kilometers, ABN AMRO was one of the early users to introduce instant payments.
Temenos partners with MAINSYS
- 6 years 11 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announces a partnership with MAINSYS, a leading provider of IT services to the Belgian financial services sector. The partnership brings together MAINSYS’ knowledge and experience in providing digitalization services for the banking sector, and Temenos’ digital end-to-end banking technology packaged with global best practices.
