Diebold Nixdorf Reveals New ATM Concept
- 7 years 10 months ago
- Banking
Diebold Nixdorf (DBD) is demonstrating a new, innovative banking concept, Essence, that features a sleek, modern design and user interface to advance the future of connected commerce. Powered by software-driven interactions, the intuitive multi-touch functionalities that consumers have come to expect from smartphones and tablets, such as swipe, scroll and smart zoom, enhance and modernize everyday consumer banking transactions.
Cellum Reveals Virtual Prepaid Cards for Underbanked Markets
- 7 years 10 months ago
- Banking, Infrastructure
Cellum demonstated a new solution aimed at providing financial services to the unbanked and underbanked, at this year’s SMART Conference. The solution, called Connected Card, utilizes prepaid cards and allows users to make purchases both online and in-store using NFC, as well as to send funds directly to other users.
Arrowhead Credit Union Launches Arca Cash Recyclers
- 7 years 10 months ago
- Payments, Credit Cards, Banking
Arrowhead Credit Union, with more than 133,000 members, was seeing a lot of growth, and with growth comes the need for improved efficiencies. In order to achieve greater operational efficiency, the West Coast credit union recently installed five of ARCA's CM18T cash recyclers.
Deutsche Bank Buys Stake in TrustBills
Deutsche Bank AG today announced the acquisition of a 12.5 percent share interest in the receivables auction platform TrustBills. Founded in 2015, the Germany based FinTech TrustBills is an electronic True Sale marketplace for national and international trade receivables. TrustBill’s goal is to become an international receivables market place for companies of all sizes. Terms of the agreement are not being disclosed. Deutsche Bank’s investment... more
OP Financial Group and Token Join Forces to Develop New Fintech Solutions
- 7 years 10 months ago
- Security and Compliance, Banking
Token, Inc., a provider of a turnkey open banking platform for banks that enables them to quickly and cost-effectively comply with PSD2 and generate new revenue, today announces a partnership with OP Financial Group, the leading financial services and banking group in Finland. The partnership with Token will enable OP Financial Group to innovate in the European open banking market and generate new revenue streams via future payment solutions.
ING Bank Invests in Unique Global Programme to Support and Develop staff
- 7 years 10 months ago
- Banking, Infrastructure
ING is launching the latest phase of its next generation professional development programme, the Wellbeing Quotient (WQ), which aims to support its Financial Markets staff in a changing business environment.
Citibank to repay $5 million for inability to disclose A$ international transaction fees
- 7 years 10 months ago
- Credit Cards, Banking
Citigroup Pty Limited has to pay approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions where the merchant uses an entity based overseas to process its transactions.
Basel Committee:To- big-to-fail banks rapped for lax risk practices
- 7 years 10 months ago
- Banking
Today the Basel Committee on Banking Supervision unveiled its latest progress report on banks' implementation of the Principles for effective risk data aggregation and reporting.
Valley National Bank Taps nCino to Streamline Commercial Lending
- 7 years 10 months ago
- Banking
nCino, the worldwide leader in cloud banking, today announced that $23 billion-asset Valley National Bank has selected its Bank Operating System to boost efficiency and enhance communication across the commercial loan process.
Aspect Software Becomes a Service Provider Member of the GSMA
- 7 years 10 months ago
- Mobile Banking, Security, Fraud Detection
Aspect Software has strengthened its commitment to its work in banking fraud prevention and mobile banking, by becoming a service provider member of the GSMA.
MoneyOnMobile Partners with Indian Electricity Supplier for Mobile Billing Deal
- 7 years 10 months ago
- Mobile Banking
Today MoneyOnMobile, Inc. (MOMT) reported a Bill Collection Agreement with BSES Yamuna Power Limited, to provide its 1.50 million customers the opportunity to pay their electricity bills through any of MoneyOnMobile's 330,000 retail outlets or through MoneyOnMobile's mobile wallet app.
Fiserv announces online and mobile tech wins
- 7 years 10 months ago
- Online Banking
Today Fiserv, Inc., a global provider of financial services technology solutions, reported that in 2016 nearly 30 banks and credit unions chose the ASP versions of Corillian Online and Mobiliti to meet the digital banking needs of their customers. These integrated online and mobile banking platforms combine robust functionality with a simplified user experience, making it easy for users to manage their finances where, when and how they want.
Rothschild Bank AG Taps Finantix Digital Engines
- 7 years 11 months ago
- Banking, Infrastructure
Finantix, an established provider of sales and advisory software for financial services, announced today that Rothschild Bank AG has chosen Finantix to support its growing advisory business. The Finantix digital suite of components and engines will empower Rothschild Bank AG’s client advisers in their daily activities, support regulatory compliance of the advisory process and enhance digital client collaboration.
Avaloq Completes Migration of Axion Swiss Bank
- 7 years 11 months ago
- Banking
The Avaloq group, an international fintech company and leader in integrated and comprehensive banking solutions, has successfully completed the migration of Axion Swiss Bank to its business process outsourcing setup (BPO setup) based on the Avaloq Banking Suite. In September 2016, the specialised asset manager signed a long-term contract with Avaloq for full BPO services.
Capgemini Chosen Star Performer of the Year for Overall IT and BFSI Services
- 7 years 11 months ago
- Banking, IT Innovations
Capgemini, a global leader in consulting, technology and outsourcing services, announced today that it was named Star Performer of the Year both for Overall IT Services as well as Banking, Financial Services and Insurance (BFSI) Services in Eve