Banking

Investly develops new platform for partners

Following a new financing round earlier this year and Nesta’s Open Banking prize last year, London based invoice finance provider Investly has opened their platform to help partners such as banks, working capital providers, e-invoicing platforms and retail/wholesale marketplaces serve their business customers the financing they need. Read more »

Fiorano Software Announces Strategic Partnership with ITSS

Fiorano’s Sophisticated Core Banking Integration Technology to be Delivered through ITSS’ Expertise on Major CBS Platforms Read more »

Tinkoff Bank launches loans to SMEs

TCS Group Holding PLC (TCS LI) (the "Group"), Russia's leading digital provider of financial and lifestyle products and services, announces that its Tinkoff Business unit is expanding the range of services it offers to small and medium-sized businesses and launching loans for companies and entrepreneurs. Read more »

Nordea publishes a supplement to the prospectus regarding the move into the Banking Union and merger of Nordea Bank AB (publ) into Nordea Holding Abp

Nordea has supplemented the prospectus dated 16 February 2018 related to the merger of Nordea Bank AB (publ) into Nordea Holding Abp (Nordea Finland) and the subsequent listing of the shares in Nordea Finland. The Finnish Financial Supervisory Authority has today approved the supplement to the prospectus, which relates to the publication of the interim report of the Nordea Group on 19 July 2018 and includes certain additional updates. Read more »

CYBG opts The ID Co to launch first Open Banking solution

Today The ID Co. announced that it has been working with CYBG on integrating its DirectID Open Banking Platform into the Bank’s B mobile banking app. B offers customers an intuitive mobile app, with a range of interactive tools designed to offer customers a single place to manage their financial and lifestyle needs, helping them become more financially fit.  CYBG recently launched its aggregation service, allowing customers to see their current... more Read more »

Meet the WinstantPay team at the Figure Finance Bangkok

Meet the WinstantPay team at the Figure Finance Bangkok expo (www.bkk.ifinexpo.com) on August 11th at the Hilton Millennium. Hervé Lacorne, Chief Innovation Officer of WinstantPay will be speaking about Cryptocurrency, blockchain and their impact on forex trading. On the register by Monday the 6th and get an additional 5% bonus on any WinstantPay Token-coupon purchase past or future. Read more »

Paylater, the mobile app providing Nigerian consumers with access to credit, has reached 1 million downloads

In Nigeria, a country of nearly 200 million people, 61% of the adult population is un- or underbanked. Fintech companies like Paylater represent a tremendous opportunity to get formal banking services in the hands of Nigerian consumers to provide much needed liquidity for entrepreneurial investment, personal development, or unexpected expenses. Read more »

Barclays partners with leading fintech MarketInvoice

High street bank to take strategic minority stake in MarketInvoice Barclays has today announced that it is partnering with leading fintech business MarketInvoice, Europe’s largest online invoice financing platform, in a deal that is set to transform the way small and medium enterprises (SMEs) in the UK manage cash flow and accelerate growth. Read more »

Intelenet Global Services: UK banks can’t become complacent despite upbeat forecast for second quarter

As UK banks continue to report their interim results, the forecast remains positive for banking giants Royal Bank of Scotland (RBS) and Lloyds Banking Group. While the outlook is rosy, traditional lenders still face fierce competition from digital challenger banks, with 61 percent of smartphone owners opting to bank solely online.[1]        Read more »

Sopra Banking supports Attijariwafa Bank's launch in Egypt

Attijariwafa Bank Egypt and Sopra Banking Software announce successful completion of the bank’s global IT transformation. Following the acquisition of Barclays Bank Egypt, at the end of 2016, Attijariwafa Bank group has launched a major transformation programme with Sopra Banking Software, its long-term partner in over 20 countries, across Africa and Europe.  Read more »

Ayeyarwaddy Farmers Development Bank in Myanmar Selects Infosys Finacle to Drive Innovation and Growth

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), and Ayeyarwaddy Farmers Development Bank, widely known as A Bank, a leading commercial bank in Myanmar, today announced the bank’s decision to adopt the Finacle solution suite to power the bank’s digital transformation. With Finacle, the bank aims to drive growth and innovation through state–of-the-art banking services and an enriched product portfolio. Read more »

Rabobank Selects ACI Worldwide to Modernise Card Portfolio Business

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Rabobank, a global multinational bank, will utilise ACI Issuer to modernise the management of its card portfolio business. Read more »

Bank of America Merrill Lynch Introduces Mobile App for Commercial Prepaid Cards

Bank of America Merrill Lynch, a leader in Global Commercial Card solutions, today announced that it has launched a mobile application for cardholders of prepaid cards.  The app launch demonstrates the bank’s commitment to making the lives of our clients and their cardholders easier by bringing new, digital capabilities to corporate and government clients and to their customers or beneficiaries. Read more »

EdgeVerve Systems Positioned As a Leader in the Gartner Magic Quadrant for Global Retail Core Banking

Infosys Finacle, part of EdgeVerve Systems, a fully owned subsidiary of Infosys (NYSE: INFY), today announced that it has been positioned as a Leader in Gartner’s Magic Quadrant for Global Retail Core Banking1. Gartner evaluated 10 Core Banking solution vendors on 15 criteria spread across ‘Ability to execute’ and ‘Completeness of vision’. EdgeVerve Systems has been recognized as a Leader by Gartner for the 11th consecutive year. Read more »

Path Solutions takes top honors in three ACQ5 Global Awards

Path Solutions is pleased to announce that Mohammed Kateeb, the company’s Group Chairman & CEO received the highly coveted recognition for ‘Gamechanger of the Year (Islamic Financial Technology)’, while the company was awarded ‘Core Banking System Provider of the Year (Islamic Finance) – International’ for the 5th time, and its ground-breaking technology solution for financial inclusion iSHRAQ*Microfinance named ‘Sharia-Compliant... more Read more »

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