SAP SE Won the Asian Banker Technology Innovation Awards 2016
- 10 years 2 months ago
- Banking, IT Innovations
SAP SE announced that it won two awards at the annual Asian Banker Technology Innovation awards program. SAP won the award for the "Best Mobile Banking Project" in Indonesia for its work with BTPN Bank and the "Best Mobile Payment Project" award in Indonesia for its work with Bank Central Asia.
FICO Survey: Millennials 2 To 3 Times More Likely To Switch Banks
- 10 years 2 months ago
- Banking
FICO’s latest consumer research on why people switch banks found that Millennials (25-34 years-old), a group at the peak of financial services usage, are 2 to 3 times more likely to close all accounts with their primary financial institution than people in other age groups. The same demographic said they are twice as likely to close all accounts and switch banks this year than they were last year. This could drive a high amount of customer churn... more
CMA Implements New Reforms to Support Open Banking
- 10 years 2 months ago
- Banking
The final report of the Competition and Markets Authority’s (CMA) retail banking market investigation, published today, concludes that older and larger banks do not have to compete hard enough for customers’ business, and smaller and newer banks find it difficult to grow. This means that many people are paying more than they should and are not benefiting from new services.
Wells Fargo Increases Presence in Maine with New Office in Portland
- 10 years 2 months ago
- Banking
Wells Fargo & Company, the nation’s No. 1 lender to middle market companies, announced today that Portland will be home to its newest Middle Market Banking office, staffed with local, senior relationship managers who will serve Maine companies statewide. The Portland team will offer a full suite of commercial banking products and services, including commercial and real estate loans, treasury management, global banking, foreign exchange, and... more
Banks Cutting Business Lending Following Brexit Damaging SMEs
- 10 years 2 months ago
- Banking
Virgin Money’s announcement that it has shelved plans to move into business banking due to economic uncertainty following Brexit sent shockwaves through the banking and SME sector on Wednesday. This, coupled with a letter issued by Royal Bank of Scotland and NatWest to their 1.3 million business customers warning if the Bank of England reduces the already low (0.5%) base interest rate, businesses would be charged to deposit money at the bank,... more
Banking Industry Fights Back Against Cyber-Fraud
Cyber-attacks are a daily occurrence, with bank websites being one of the prime targets. An industry-led consortium of major banking associations is helping banks fight back with a new secure extension reserved exclusively for banks, appropriately called .BANK
SoftBank Releases Second Round of 'SoftBank Innovation Program'
- 10 years 2 months ago
- Banking, IT Innovations
SoftBank Corp. (“SoftBank”), a subsidiary of SoftBank Group Corp. (TOKYO:9984), today announced that it launched a second round for its ‘SoftBank Innovation Program’, a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization.
Frontier Bank Selects Banc Intranets' DirectorsLink
- 10 years 2 months ago
- Banking, Infrastructure
Banc Intranets, a provider of secure, web-based enterprise content management solutions for financial institutions, announced that Frontier Bank of Texas has selected DirectorsLink® web-based board portal to increase savings and strengthen director oversight.
Q2 Partners with MX Release Q2 Contextual Personal Financial Management
- 10 years 2 months ago
- Banking, Infrastructure
Q2 Holdings in partnership with MX, a pioneer in data-driven money management, today announced the release of its newest digital banking product, Q2 Contextual Personal Financial Management (PFM), an embedded banking experience
Token Opens Office in London to Answer Demand from European Banks
- 10 years 2 months ago
- Banking, Infrastructure
Token, Inc., a new crypto-payment network and API ecosystem that enables European banks to monetise their investment in PSD2, today announces the opening of a new office in London. Following Token’s launch in June, the new office has been quickly established in response to market demand from banks seeking to trial Token’s revolutionary digital payment rail.
GFT Collaborates with Saxo Bank in Execution of its Global Transformation Strategy
- 10 years 2 months ago
- Banking, Infrastructure
GFT, the global provider of advisory, business consulting, IT and software services to the financial services community, has announced a collaboration with Saxo Bank, a leading player in global online trading and investment.
CIMA: Management Controls: The Solution for Banks in Iceland and Denmark
- 10 years 2 months ago
- Banking, Accounting
New research from The Copenhagen Business School and Reykjavik University and sponsored by the Chartered Institute of Management Accounting (CIMA) examines how banks in Iceland and Denmark responded to the 2008 financial crisis. The report, Financial crisis and changes in management controls in Banks, concluded that while Icelandic banks’ reactions were geared towards survival, their Danish counterparts largely focussed on improving their... more
TPBank of Vietnam signs Diasoft to provide world class banking solutions
- 10 years 2 months ago
- Banking
Renasant Bank Chooses nCino's Bank Operating System to Enhance its Commercial Banking Processes
- 10 years 2 months ago
- Banking, Cloud, Infrastructure
nCino, the worldwide leader in cloud banking, announced today that $8.53 billion-asset
Dakota Plains Credit Union Benefits from Fiserv's Technology Suite
- 10 years 2 months ago
- Payments, Banking, Infrastructure
Fiserv, a leading global provider of financial services technology solutions, announced today that Dakota Plains Credit Union, based in Edgeley, North Dakota, has selected an integrated technology suite from Fiserv.
