Core Banking Provider Ohpen secures € 15 Million Series B financing at €100 million valuation
- 7 years 7 months ago
- Core Banking
Cloud-based core-banking provider Ohpen has secured a € 15 million Series B investment round led by private equity firm Amerborgh to accelerate international growth. Ohpen, founded in 2009, is a cloud-based core-banking engine, built for the efficient administration of retail investment and savings accounts.
Turkish Bank Becomes First Bank to Implement Bacs’ New Low Cost Access Solution
- 7 years 7 months ago
- Banking
A pioneering approach to access has seen Turkish Bank become the 18th and latest member of Bacs Payment Schemes Ltd (Bacs), the company behind Direct Debit and Bacs Direct Credit. This new access solution is available to other smaller payment service providers (PSPs), allowing those with low transaction volumes simplified connectivity to these major payment schemes.
SME Insights Dashboard Firm 9 Spokes Signs Letter of Intent with RBC
- 7 years 7 months ago
- Banking
9 Spokes, the business insights dashboard for SMEs, is pleased to announce it has signed a letter of intent (LOI) to provide a white-label version of the 9 Spokes platform to Royal Bank of Canada (RBC).
BMCE Bank of Africa Executes Megara Suite from Vermeg
- 7 years 7 months ago
- Banking
As part of the modernization of its information system, BMCE BANK OF AFRICA selected the MEGARA© suite by VERMEG as a solution for managing the securities business. The new platform has been in production since 2nd of May.
Oromia International Bank Opts for ICS BANKS ISLAMIC System from ICSFS
- 7 years 7 months ago
- Banking
Oromia International Bank (OIB) will be implementing ICSFS’ universal Islamic flagship, ICS BANKS ISLAMIC in its head quarter and its 200+ branches; this mile stone project will provide Oromia International Bank with world-class fully integrated banking solutions which are designed and developed following the principles of Shari’a of which; ICS BANKS ISLAMIC Core Banking, Murabaha, Musharaka, Ijara, Istisna’a Tawaruq, Mudaraba, Salam, Qard... more
9 Spokes Signs Letter of Intent with Royal Bank of Canada
- 7 years 7 months ago
- Banking
9 Spokes, the business insights dashboard for SMEs, is pleased to announce it has signed a letter of intent (LOI) to provide a white-label version of the 9 Spokes platform to Royal Bank of Canada (RBC). RBC is the market-leading retail bank in Canada, with broad leadership in financial services, and one of the largest banks in the world, based on market capitalisation. RBC was recently ranked ‘Best Global Retail Bank of the Year’ by RBI, and ‘... more
Bank of Ireland Welcomes Startlab Demo Day
- 7 years 7 months ago
- Banking
Bank of Ireland startlab in Galway hosted its third “Demo Day” today in Eyre Square. Six startup companies currently partaking in the programme had a five minute slot to pitch their business to the assembled high profile investors, mentors and the Bank of Ireland network. The current cohort of startups participated on the incubator programme for the past six months with access to mentors, coaches and support from Bank of Ireland’s Innovation... more
Citi Launches Innovative Online Platform for Custody and Fund Services
- 7 years 8 months ago
- Banking
Citi announces the rollout of Citi Velocity Clarity, a comprehensive data and analytics platform using Big Data technology delivered through an integrated suite of advanced online functionalities.
Profile Software partners with BBA (UK)
- 7 years 8 months ago
- Banking
Profile Software, the leading financial solutions provider, today announced its recent partnership with the British Bankers’ Association (BBA), aiming at further establishing its presence in the local banking financial sector.
Avoka Develops CX Design Programme for Retail Banks
- 7 years 8 months ago
- Retail Banking
Avoka, the acknowledged leader in digital customer acquisition for financial services companies, today announced the launch of a Customer Experience (CX) Design program to empower its clients in the retail banking, business banking, and wealth management industries to optimize their digital customer acquisition and onboarding capabilities.
IFIC Taps Finastra to Boost Retail Banking Business in Bangladesh
- 7 years 8 months ago
- Retail Banking
The International Finance Investment and Commerce Bank (IFIC) has chosen Finastra to support the bank as it strives to make retail banking and SME services more of a focus, alongside its existing corporate client base. As part of this growth drive, IFIC will bolster its retail offering with FusionBanking Essence Online and Mobile to deliver advanced digital services to locals, disrupting the Bangladesh banking market.
Baxter Credit Union Uses Vidyo Video Banking Tech
- 7 years 8 months ago
- Banking
Vidyo, the leader in integrated video collaboration, today announced that Baxter Credit Union (BCU) has deployed a video banking service using Vidyo’s cloud-based video collaboration technology, with the goal of launching a number of video-only branches in 2017. BCU members use video to remotely connect face-to-face with credit union representatives and knowledge experts, from their homes, mobile devices or in-branch, for improved self-service... more
Bank of America Merrill Lynch Is No.1 on Institutional Investor's EMEA Research Team Ranking of the Region's Best-Sell Side Analysts
- 7 years 8 months ago
- Banking
Bank of America Merrill Lynch once again, seizes first place on the Emerging Europe, Middle East & Africa Research Team, Institutional Investor's exclusive annual ranking of the region's best sell-side analysts, marking a fifth straight win for the firm.
TransferTo and MallforAfrica accelerate digital payments and connect Africa to the e-commerce world
- 7 years 8 months ago
- Payments, Mobile Banking
TransferTo, a global B2B Cross-Border Mobile Payments Network, has partnered up with MallforAfrica (MFA), an award-winning global e-commerce platform, to offer shoppers living in Africa with direct online access to over 200 major retailers across Europe and the USA.
Scotiabank Collabrates With Points for App Loyalty Capabilities
- 7 years 8 months ago
- Banking
Points (TSX:PTS) (Nasdaq:PCOM), the global leader in powering loyalty commerce, today announced that they are working with The Bank of Nova Scotia (Scotiabank), one of the world's leading financial institutions, to power new loyalty capabilities of the Scotiabank Mobile Banking app.
