Technology in the Service of the Future of Banking
- 7 years 4 months ago
- Banking
This is a definitive and optimistic occasion, in which a major bank partners with a leading technological university to connect the world of economics with the digital domain," said Prof. Boaz Golany, Technion's Vice President for External Relations and Resource Development, at the inauguration of the Technion-Poalim Data Science center (TPADS).
Money 2020 USA: Further To Its Successful Beta Test - Fidor Partners With Eight Inc. - To Design Fidor FinanceBay, Its Digital Marketplace, For Global Launch
- 7 years 4 months ago
- Banking
Tying in with Money 2020 USA this week, Fidor, the innovative provider of digital banking solutions, today signed a partnership agreement with Eight Inc., the strategic design and innovation firm renowned for bringing transformative innovation to leading brands.
Zero Mobile Banking Startup Raises $8.5m
- 7 years 4 months ago
- Banking
Zero, a new mobile banking experience that combines the best features of debit and credit cards and offers up to 3% cash back, announced today that it has raised $8.5 million in funding, led by ENIAC Ventures. Other investors include New Enterprise Associates, Nyca Partners, Lightbank, and Middleland Capital.
D3 Banking Technology Teams Up with Zelle
- 7 years 4 months ago
- Banking
D3 Banking Technology, provider of the industry’s most advanced digital banking platform, today announced its partnership with Zelle, a new person-to-person (P2P) payments network from bank-owned Early Warning. As part of the partnership, D3 has enabled its platform with a direct, API-based connection to Zelle.
ATB Financial Unveils Virtual Banking Assistant on Facebook Messenger
- 7 years 4 months ago
- Banking
Today ATB Financial officially launches a virtual banking assistant to the company’s nearly 700,000 personal banking customers, working with FinTech Finn.ai to make access to secure, day-to-day personal banking as easy as initiating a conversation in Facebook Messenger.
Bank Leumi Collaborates with Temenos and VMware to Create an Advanced Digital Banking Solution for Financial Services Organizations Globally
- 7 years 4 months ago
- Banking
Today at Money 20/20, Temenos (SIX: TEMN) and VMware, Inc. (NYSE: VMW) announced a collaboration with Bank Leumi (TASE: LUMI), Israel’s leading bank, to create an advanced digital banking platform for banks. The new solution available today to banks worldwide is based on the platform originally developed for Pepper, Bank Leumi’s fully-mobile bank.
Banco BNI Europa Partners with Portuguese Fintech Firm to Offer Checkout Credit
- 7 years 4 months ago
- Banking
Banco BNI Europa and Parcela Já, Portuguese Fintech, have entered into a partnership to launch an innovative solution for the Portuguese market, which aims to enable any retailer to offer its customers the instalment of any purchase without costs to the consumer.
Pilatus Bank is Set to Offer Private Banking to the Mass Affluent
- 7 years 4 months ago
- Banking
Private Banking for most people represents a privileged world. Unless you meet the minimum bank account threshold or can afford the high banking fees you better jog on to one of high street banks.
SWIFT enhances connectivity to VPS, the Norwegian Central Securities Depository
- 7 years 4 months ago
- Securities Services, Banking
SWIFT will reinforce its connectivity to Verdipapirsentralen ASA (VPS), Norway’s central securities depository (CSD), which could make a shift in transaction volume to SwiftNet from other networks. Banks connected to VPS currently use different networks to connect to VPS, SwiftNet being one of them. The banks have the freedom to choose among the network connectivity offered by VPS. By signing the Swift CSD Community Agreement, VPS’s members... more
SAXO PAYMENTS BANKING CIRCLE MARKETPLACES HELPS FINANCIAL TECH BUSINESSES ADDRESS PSD2 REGULATION FOR ONLINE MARKETPLACES
Changes brought about under the latest Payment Services Directive, PSD2, mean that Marketplaces will no longer be exempt. For Marketplaces to remain exempt under PSD2, they should act only on behalf of the payer or the payee or not at any time enter into possession or control of client funds. Addressing this challenge, Saxo Payments has launched Banking Circle Marketplaces which enables Financial Tech businesses to help their Marketplace... more
Sberbank and Swift Sign MoU
- 7 years 4 months ago
- Banking
During Sibos 2017, Sberbank and Swift signed a memorandum of cooperation regarding the development and piloting of high-tech products created and promoted by Swift.
EBANX Payments Brings Latin America Expertise to Money20/20
One of the most important events in the world of payments and financial services, Money20/20 will start on October 22nd in Las Vegas. Latin American local payments processor EBANX Payments––that processes payments for global companies such as AliExpress, Wish, Udacity and other major global brands––will have nine Latin Americaexperts in attendance at Booth 1657. Companies eager to start or increase their sales in Brazil, Mexico, Argentina, Chile... more
BFC Bank completes mobilisation process
- 7 years 4 months ago
- Banking
BFC Bank, a specialised bank focused on international payments and cash management services, completed its mobilisation process on 11 October 2017 and is to increase its corporate banking services. A wholly owned subsidiary of BFC Group Holdings (BFC Group), BFC Bank received authorisation by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) (FRN 716167) in September 2016. It has successfully fulfilled all the... more
HSBC to Accelerate Global Supply Chain Finance with Matched Electronic Purchase Orders
- 7 years 4 months ago
- Trading Systems, Banking
HSBC, the world’s leading trade bank, has introduced a Matched electronic Purchase Order (Me-PO) financing solution to dramatically improve the release of working capital. The Me-PO solution, developed by Bolero, will reduce the cost of invoice and purchase order processing between HSBC business customers and their suppliers, who will benefit from being able to make earlier requests for finance. Both parties will appreciate having a new level of... more
SWIFT Launches New Cloud-based Solution to Enhance Correspondent Banking Activities
SWIFT has launched a Correspondent Banking Suite that provides a single solution for banks seeking cost-effective access to SWIFT while increasing the efficiency and security of their correspondent banking activities. Small to medium sized banks face a combined pressure of minimising operational costs while keeping their SWIFT infrastructure up-to-date in terms of technology and security. Additionally, evolving regulatory requirements and... more