8th Edition Connected Banking Summit Southern Africa – Innovation & Excellence Awards 2023 Concludes with Resounding Success
- 1 year 5 months ago
- Banking
The banking, financial services, fintech, and tech fin sectors witnessed an extraordinary convergence of brilliance and innovation at the 8th Edition Connected Banking Summit Southern Africa – Innovation & Excellence Awards 2023. This prestigious event, held on 24th May 2023 at the Southern Sun Rosebank In Johannesburg, captivated the minds of industry leaders, inspiring and enlightening them with ground-breaking insights.
BNP Paribas and NatWest Go Live with CobaltFX’s ‘Dynamic Credit’ to Manage Credit Exposures for FX Trades on Interbank Trading Venues
- 1 year 5 months ago
- Banking
BNP Paribas and NatWest are now going live with ‘Dynamic Credit’ from CobaltFX, part of United Fintech, in efforts to simplify and streamline the allocation of credit for FX transactions between banks and improve access to liquidity. According to CobaltFX, the moves are indicative of an increasing trend of financial institutions wanting to optimise the disbursement of credit for FX trades and simultaneously improve market access and control.
Mastercard and Fabrick Sign Strategic Partnership to Speed Up Embedded Finance
- 1 year 5 months ago
- Alternative Finance
Today, Mastercard and Open Finance sector pioneer Fabrick announced an expanded new partnership to develop Embedded Finance solutions that will improve the digitalization of businesses, financial institutions and fintechs across Europe. Today’s announcement builds on the ongoing relationship between the two companies who have been working together since 2019 to promote innovation on the development of digital financial services for the... more
Wise Platform Launches its First Partnership in Japan with GMO Aozora Net Bank, Ltd.
- 1 year 5 months ago
- Banking
Wise Platform, Wise’s infrastructure offering for banks and non-banks alike, has announced its first partnership in Japan with GMO Aozora Net Bank, Ltd, bringing fast, low-cost international payments to more than 80,000 corporate customers.
AlHuda CIBE is Devoted for the Development of Islamic Finance in Zambia
- 1 year 5 months ago
- Islamic Finance
Zambia the south-Central African Country is ready to embrace the concept of Islamic Finance. Islamic Finance Industry potential is increasing day-by-day not only in Muslim-dominated markets, although in non-Muslim markets. It is a positive gesture towards the growth of Islamic finance industry in Africa. The Market Penetration for Islamic Finance is more in East and West Africa, then in Central Africa. In south part of Africa South Africa was... more
British Business Bank Agrees Initial £75M ENABLE Guarantee with Cynergy Bank
- 1 year 5 months ago
- Banking
The British Business Bank has agreed an initial £75m ENABLE Guarantee with Cynergy Bank. The guarantee will cover a portfolio of term loans secured, within the commercial real estate sector (e.g. hotels or care homes) and has the potential to be increased to £150m, resulting in up to £70m of additional lending capacity to small businesses.
Saxo Bank Reaches Historic Milestone, Surpassing More than USD 100 billion in Client Assets
- 1 year 6 months ago
- Banking
Saxo Bank announces a significant milestone as it surpasses USD 100 billion in client assets. This remarkable achievement underscores Saxo Bank's growth in the number of both clients and deposits, and solidifies its position as a leading financial provider amidst a challenging macro-economic environment.
Azentio Software’s iMAL is Now Live at Rammis Bank, Ethiopia
- 1 year 6 months ago
- Islamic Finance
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that the latest version of its Islamic banking solution - iMAL, has gone live at Rammis Bank, a newly launched financial institution in Ethiopia specializing in Sharia-compliant products and services.
CaixaBank Launches App that Turns Phones into Point of Sale Devices
- 1 year 6 months ago
- Mobile Banking
CaixaBank launches Smartphone TPV, a solution designed for businesses, professionals and the self-employed of any size and sector, enabling them to easily accept card payments of any amount from mobile devices, without the need for an additional device, as was previously necessary.
Sonovate Launches New Platform to Significantly Enhance its Offering for Large, Multinational Recruitment Organisations
- 1 year 6 months ago
- Alternative Finance
Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce has significantly enhanced its funding technology platform to enable it to better serve large, multinational recruitment businesses and launch new lines of products in the future as it continues to grow and expand its customer base.
YES BANK Collaborates with Red Hat to Redefine Mobile Banking Experience for its Customers
- 1 year 6 months ago
- Mobile Banking
Red Hat, Inc., the world's leading provider of open source solutions, today announced that YES BANK has adopted Azure Red Hat OpenShift to transform their mobile banking applications. Azure Red Hat OpenShift will further expedite the digital journey of YES BANK with faster time to market, more flexibility and ability to drive greater innovation. The new platform will enable YES BANK to improve customer experience and provide innovative banking... more
New Report Reveals Untapped Youth Market for Banks and Credit Unions
- 1 year 6 months ago
- Banking
Today, Rego Payment Architectures, Inc.
OTP Bank, the Largest Bank in Hungary, Chooses Intellect Digital Core Banking Platform to Provide a Contextual Banking Experience for Their Customers
- 1 year 6 months ago
- Core Banking
Intellect Global Consumer Banking (iGCB), ranked #1 in the world for Retail Banking by IBS Intelligence, announced that the OTP Bank, one of the leading commercial banking groups of Central and Eastern Europe (CEE) has chosen iGCB’s acclaimed, Intellect Digital Core (IDC) for final exclusive contracting period with expectation to fulfil their vision of providing a complete range of highest quality financial services to their customers in CEE.
MEBIS 2023 - Where the Banking Elite Convened to Deliberate on the Challenges and Opportunities of the Digital Age
- 1 year 6 months ago
- Banking
Featuring 70+ speakers to share their knowledge and expertise on the changing face of the banking sector though innovation and technology developments, the 14th Edition of the Middle East Banking Innovation Summit (MEBIS 2023) once again reinforced itself as being the leading banking technology event in the Middle East region bringing together the shining minds of the industry!
The Fintech Skaleet Joins Forces with Ondato to Accelerate the Development of New Banking Services
- 1 year 6 months ago
- Core Banking
Skaleet joins forces with Ondato, a specialist in KYC (Know Your Customer) and fight against money laundering tools, in order to allow its customers to accelerate the deployment of innovative banking services. A new integration that allows its core banking platform to remain the most complete in the market. A new generation core banking platform
