Banking

European Central Bank grants banking licence to Nordea Holding Abp

Nordea Holding Abp has been granted a banking licence by the European Central Bank. The received banking licence is part of the preparation for Nordea’s move into the banking union and the merger of Nordea Bank AB (publ) into Nordea Holding Abp. Read more »

Santander implements Infosys Finacle suite for interbank cash management

Infosys Finacle, part of EdgeVerve Systems, a fully owned subsidiary of Infosys, and Santander UK, a leading financial services provider in the UK, today announced the launch of a new inter-bank cash management system for its corporate customers.  Read more »

Guaranty Trust Bank (Tanzania) Limited goes live on ICS BANKS from ICS Financial Systems

ICS Financial Systems Limited (ICSFS), a global software and services provider for banks and financial institutions, announced today that Guaranty Trust Bank (Tanzania) Limited (GTBank Tanzania); subsidiary of Guaranty Trust Bank PLC, has successfully gone live on ICS BANKS® Universal Banking Solution. Read more »

Mobeewave signs National Bank of Canada for mobile POS

National Bank is proud to announce that its SME clients can now use National Bank Easy Pay (“Easy Pay”), a mobile point-of-sale solution powered by Montreal fintech Mobeewave. By collaborating with its long-standing partner, Global Payments, the Bank is the first Canadian financial institution to offer this innovative solution to its SME clients. Read more »

ING files update on regulatory matter

ING announced today that it has filed supplements to the Registration Documents for the debt issuance programmes of ING Groep N.V. and ING Bank N.V. The updates concern a change in the wording in the section 'General information - Litigation', reflecting an update on timing.   Read more »

Ant Financial's MYbank to open up tech suite to other banks

MYbank, a leading online private commercial bank in China with a focus on SME financing, today announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities to financial institutions in China.  Through sharing these technological capabilities, MYbank aims to enable 1,000 financial institutions to provide more cost-effective financing services to 30 million SMEs and farmers in China in the next three... more Read more »

Finn AI joins Temenos MarketPlace

Temenos (SIX: TEMN), the banking software company, today announces the launch of Finn AI on Temenos MarketPlace, Temenos’ platform for facilitating the exchange of value between fintech providers and financial institutions. Finn AI, which is working with financial institutions such as Bank of Montreal, provides banking customers with an AI-powered personal banking and financial management assistant. The solution, built solely for the financial... more Read more »

Countingup reaches 1,000 customer milestone in two months with PrePay Solutions

PrePay Solutions (PPS), Europe’s leading prepaid and digital banking services provider, is delighted to share in the success of its customer Countingup, which has reached 1,000 customers just two months after officially launching in April 2018. Read more »

The West receives over $1.5 trillion in remittances over last decade, finds Xpress Money

One in every four dollars sent via remittances in 2017 was received in Europe Remittances have provided a $50bn economic boost to the UK since 2008 Read more »

Traditional banks consider ways to reach customers left behind by the digital shift

Banks must seek an alternative to branch closures, as only 23 per cent of rural residents are using mobile banking, according to the FCA. The FCA surveyed 13,000 people and found that only 23 per cent of rural residents use mobile banking and 54 per cent use internet banking, compared to the 45 per cent and 78 per cent respectively in urban areas.   Read more »

Commerzbank joins Enterprise Ethereum Alliance

The Alliance is a global blockchain consortium for cross-industry cooperation Commerzbank has already carried out several pilot transactions based on blockchain Read more »

Deutsche Bank moves reconciliation services to SmartStream

As part of its transformation strategy, Deutsche Bank has selected SmartStream Technologies’ Centre of Excellence (CoE) to provide an off-site operations platform - including three services which will allow the bank to streamline, simplify and reduce the costs of its reconciliations environment. Read more »

EBANX With New YouTube Channel on Ecommerce and Latin America

EBANX, a global fintech company headquartered in Brazil that offers end-to-end Latin American local payment solutions to global websites, has launched a new YouTube channel, with videos in English, Spanish, and Portuguese that contain information on selling online, tips on doing business in Latin America and curiosities about the region. EBANX Businesschannel fits merchants of all sizes interested in expanding and looking for information on... more Read more »

Saxo Bank adds China A-shares to its multi-asset offer

Saxo Bank, the leading fintech specialist focused on multi-asset trading and investing, today announces that it has added China A-shares to its global multi-asset offering.   Read more »

Path Solutions achieves eight consecutive GoodAccreditation Standard

Path Solutions is proud to announce that its Islamic core banking platform, iMAL has received the GoodAccreditation standard for the eighth consecutive year. This accreditation is awarded to companies based on customer satisfaction across a number of system and service criteria. Read more »

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