Seylan Bank Selects Finastra to Drive Digital Trade Finance and Corporate Banking
- 7 years 5 months ago
- Banking
Seylan Bank, Sri Lanka’s sixth largest bank, has selected Finastra to help grow its trade and supply chain finance business using FusionBanking Trade Innovation. The bank will also launch a digital corporate banking solution, built on FusionBanking Corporate Channels, to give its corporate clients 24x7 visibility and control over their financial activities.
First Tech Federal Credit Union Goes Live With Zelle
- 7 years 5 months ago
- Banking
First Tech Federal Credit Union today announced the Zelle experience is now LIVE in its mobile banking app. As part of the digital banking experience, with no additional app to download, Zelle enables person-to-person (P2P) payments for more than 110,000 First Tech mobile banking members.
Abu Dhabi Islamic Bank Joins Local FinTech Hub
- 7 years 5 months ago
- Banking
Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, today marked a new partnership with Abu Dhabi Islamic Bank (ADIB), a leading financial institution, to seek opportunities to collaborate and consult on initiatives to promote the growth and development of the FinTech ecosystem in Abu Dhabi and the UAE.
Ralph Hamers to speak at Bank of America Merrill Lynch Annual Financials CEO Conference in London
- 7 years 5 months ago
- Banking
Ralph Hamers, CEO of ING, will be presenting at the Bank of America Merrill Lynch 22nd Annual Financials CEO Conference in London. The focus of his presentation will be on the progress of the ING Think Forward Strategy and how new digital developments support our ambition to build a globally scalable banking platform for our clients. Ralph will also elaborate on how the introduction of an agile way of working in several markets is essential to... more
vGulf Coast Bank & Trust Goes Live with nCino Platform
nCino, the worldwide leader in cloud banking, today announced that $1.6 billion-asset Gulf Coast Bank & Trust has successfully gone live with its Bank Operating System, increasing the efficiency and speed of the commercial loan process.
ACI Worldwide Executive Elected to Ecommerce Europe’s Payments Experts Taskforce
- 7 years 5 months ago
- Payments, Banking, People Moves
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, today announced that Paul Thomalla, senior vice president, Corporate Relations & Development, has been appointed to Ecommerce Europe’s Payments Experts Taskforce, which supports the development of online payments strategies.
CommBank Data Shows Shift Away from Branch Transactions Traditionally Used by Older Australians
- 7 years 5 months ago
- Banking
Commonwealth Bank data shows older Australians are increasingly using technology to manage their finances, with strong ATM usage and a big uplift in online banking. Older Australians continue to embrace banking technology, with CommBank data showing 50 per cent customers over the age of 65 use ATMs. In addition, one in four customers over 65 is now banking digitally through NetBank and CommBank app - a 41 per cent increase over the last two... more
MarketInvoice Signs Deal with Germany's Varengold Bank
- 7 years 5 months ago
- Banking
Business finance company MarketInvoice has signed an agreement with Varengold Bank AG to provide £45m funding annually on its invoice finance platform. This will fund working capital solutions for businesses across the UK. Overall, sums advanced to UK businesses from institutional investors via MarketInvoice have increased more than 4-fold since 2014 from £27.8m to £116.3m in 2017. Cumulative funding from institutions stands at £296.2m which... more
The Banking Industry is Coming Up Trumps When Meeting Consumer Expectations
- 7 years 5 months ago
- Banking
European consumers feel they have more power over businesses, and are increasingly willing to use it, research from Quadient – formerly GMC Software – has revealed. In a Lightspeed survey of 8,061 adults in the UK, France, Germany and the Netherlands, more than three quarters (76 percent) of respondents said they would switch from a business that doesn’t meet their customer experience expectations.
Path Solutions Signs Sudan Financial Services Co. to iMAL
- 7 years 5 months ago
- Core Banking, Islamic Finance
Kuwait-based Path Solutions, an international core banking system provider for Islamic banks and financial institutions, has announced the signing of a licence agreement with Sudan Financial Services Company (“SFSC”), giving Path Solutions unrestricted access to deploy its iMAL Enterprise Islamic & Investment System across their business.
BlockEx are Future of Finance Finalists
- 7 years 5 months ago
- Banking
We entered in the category of ‘Investment Banking 4.0’. The challenges in that area are: improving client experience, achieving faster regulatory compliance, using machine learning to improve the ways we interpret data, increasing post-trade efficiency, and facilitating client lending. BlockEx can substantially improve both regulatory compliance and post-trade efficiency, using the power of the blockchain.
AL-Thiqa Islamic Bank Selects ICS BANKS ISLAMIC System from ICSFS
- 7 years 5 months ago
- Banking
Amman, Jordan: ICS Financial Systems Limited, the global software and services provider for banks and financial institutions, announced that AL-Thiqa Islamic Bank a newly established bank in Iraq, has selected the multi-awards winning system ICS BANKS ISLAMIC System.
First Data and Valley National Bank Sign Referral Deal
- 7 years 5 months ago
- Banking
Today First Data, a global leader in commerce-enabling technology, and Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NYSE:VLY), announced that they have entered into a long-term agreement to provide secure commerce solutions for the bank’s merchant clients. The referral relationship will provide First Data’s cutting-edge solution suite, including First Data’s Clover platform, to Valley National Bank’s business... more
Asia-Pacific Now Home to More than Half of the World’s ATMs
- 7 years 5 months ago
- Banking
The number of ATMs installed worldwide grew by 3% to 3.3 million in 2016. As in recent years, the vast majority of new ATMs were installed in Asia-Pacific China still propels ATM expansion
Anomali signs MoU with UBF to Launch Its First Threat Intelligence Sharing Group for Banks in the UAE
- 7 years 5 months ago
- Artificial Intelligence, Banking
Anomali, provider of market-leading threat intelligence platforms, has launched its first Information Sharing and Analysis Center (ISAC) in the United Arab Emirates (UAE). This debut is in partnership with the UAE Banks Federation (UBF), the professional representative body comprising 48 member banks operating in the UAE. It will initially bring together 13 banks’ cyber security data in Anomali’s ThreatStream platform.
