Banking

Emirates NBD Enables Instant Accounts for New-to-UAE Payroll Customers

7 years 6 months ago
Banking

Emirates NBD, a leading bank in the region, today announced the launch of ‘Advance Account’, which will enable employees of the bank’s payroll customers who are new to the UAE to receive their account number on the first day of employment.

Voices.com Acquires Voicebank.net

7 years 6 months ago
Banking

Voices.com, the largest global online marketplace for audio and voice over products and services, announced today that it has entered into a definitive agreement to acquire Voicebank.net, a leading online platform for casting and project management workflow utilized by more than 1,600 of the top global advertising agencies, casting directors and creative, television and film production studios. Financial terms of the transaction were not... more

Bank ABC Becomes the first MENA Financial Institution to Join R3

7 years 6 months ago
Banking

Bahrain-based Bank ABC, MENA’s leading international banking group, has recently joined blockchain-inspired consortium headed by R3, a financial innovation firm, headquartered in New York City.

Deposit Solutions To Acquire Savedo

7 years 6 months ago
Banking

Deposit Solutions, the leading Open Banking platform for deposits and operator of investment platform ZINSPILOT, today announced that it has acquired Berlin-based platform for retail deposits SAVEDO.

Silicon Valley Bank and First Data name accelerator participants

7 years 6 months ago
Banking

Silicon Valley Bank, the bank of the world's most innovative companies and their investors, and First Data (NYSE: FDC), a global leader in commerce-enabling technology, have selected four startups to participate in Class 6 of Commerce.Innovated., an accelerator designed to help commerce, payments, and fintech companies grow their businesses. The four-month virtual program provides participants with operational mentorship from Silicon Valley... more

HSBC and IBM develop cognitive intelligence solution to digitise global trade

7 years 6 months ago
Banking

HSBC, the world's leading trade finance bank, is working with IBM (NYSE: IBM) to develop a cognitive intelligence solution combining optical character recognition with advanced robotics to make global trade safer and more efficient for thousands of businesses.

Globe Telecom’s Fuse to Provide Loans Powered by Mambu

7 years 6 months ago
Banking

Mambu, the SaaS banking engine, today announced it will be powering the consumer and business lending products of Fuse, the lending arm of Filipino financial technology firm Mynt, by September 2017.

Rakbank Unites with Bazaar for Supply Chain Finance

7 years 6 months ago
Banking

The National Bank of Ras Al-Khaimah (RAKBANK) today announced a strategic partnership with Invoice Bazaar, a FinTech Supply Chain Finance platform in the United Arab Emirates.

Metro Bank Promotes Atkinson to CIO

7 years 6 months ago
Banking

Metro Bank, the revolution in British Banking, has today announced the appointment of Martyn Atkinson as Chief Information Officer (CIO).

Millennials shunned from traditional banks turn to alternative lenders to obtain loans

7 years 6 months ago
Banking

Logical Glue, a leading provider of white box machine learning for better decisions in the financial services sector, has conducted research into consumer borrowing habits in the UK. It found that the average person has had over eight loans in the past and traditional banks are still the most popular route to finance (83%). However, the younger generation is bucking the trend for obtaining credit from traditional routes, embracing alternative... more

Al Masraf Selects Temenos’ Digital Banking Technology to Drive Growth and Innovation

7 years 6 months ago
Banking

Temenos (SIX: TEMN), the software specialist for banking and finance, confirms that Arab Bank for Investment & Foreign Trade (Al Masraf) has selected its UniversalSuite, a front-to-back solution that enables banks to offer a user-optimized experience across channels and business lines.

LGT Opts for Wolters Kluwer’s OneSumX for Asian Regulatory Reporting and Risk Management

7 years 6 months ago
Banking

LGT, a leading international private banking and asset management group owned by the Princely House of Liechtenstein, has chosen Wolters Kluwer’s OneSumX to provide its regulatory reporting and risk software for its Asian operations.

Faisal Islamic Bank Signs Up for iMAL to Replace Legacy Core Banking System

7 years 6 months ago
Banking

Faisal Islamic Bank, Sudan has announced that it has signed up with Path Solutions to deploy iMAL Islamic core banking system to replace the bank’s decentralized legacy system Pentabank from Financial & Banking Systems, across its 100 branches. The bank will also deploy Mobile and Internet Banking solutions as well as BI and Risk Management. The strategic technology deal will support Faisal Islamic Bank’s business across multiple verticals.

KBank and IBM Develop Blockchain-Based Letter of Guarantee Service

7 years 6 months ago
Banking

IBM and KASIKORNBANK Public Company Limited (KBank), one of Thailand's largest banks, today announced the launch of a new enterprise Letter of Guarantee network based on IBM Blockchain. The new solution is designed to help simplify and expedite procedures for KBank's Letter of Guarantee process, with the goal of improving the customer experience, strengthening security and reducing costs for clients and the bank.