Finastra’s Core Solution Helps Belize Bank Achieve its Expansion Goals
- 2 years 1 month ago
- Banking
Finastra recently announced that The Belize Bank Limited, one of the largest banks in Belize, providing retail, corporate and commercial banking services, successfully migrated the business of Scotiabank (Belize) Limited onto the Fusion Essence core banking platform following an acquisition facilitated by its parent company, Caribbean Investments Holdings Limited (CIHL).
Backbase Rebrand Reflects Growth, Investment and Engagement Banking Vision
- 2 years 1 month ago
- Banking
After years of growth and recent investment, Backbase refreshes its brand to reach evolving banking industry.
Mediobanca’s Credit Arm Compass Strengthens its BNPL Operations
- 2 years 1 month ago
- Banking
Compass, the Mediobanca Group’s consumer credit arm, has completed two deals in the Buy Now Pay Later (BNPL) segment. The rationale for the deals is to accelerate the bank’s growth in the deferred payment business using digital channels, which it has entered successfully with the launch of its PagoLight product.
11th Global Islamic Microfinance Forum to be held in U.A.E.
- 2 years 1 month ago
- Islamic Finance
11th Global Islamic Microfinance Forum (GIMF) will convene in Dubai – U.A.E on November 21 -22, 2022 under the theme of “Financial Inclusion, Outreach Strategies & Innovations” to explore and discuss innovative financial inclusion strategies that can create clear pathways to poverty alleviation. This Apex event is jointly organized by AlHuda CIBE FZ LLE, Islamic Microfinance Network, Pakistan Microfinance Network and Wings Media “The... more
Temenos Launches Self-Service Financial Crime Mitigation on Temenos Banking Cloud
- 2 years 1 month ago
- Banking
Temenos today announced that it is the first to market with a SaaS offering that enables banks to manage financial crime mitigation (FCM) with composable banking services on a secure, continually evolving, self-service platform.
BankiFi Lays Out Digital Banking 3.0 Vision In New Whitepaper
- 2 years 1 month ago
- Banking
Manchester-based embedded finance specialist, BankiFi, has today gone further than ever in articulating its vision for the future of digital banking through the publication of its informative, new whitepaper, entitled ‘Embedded banking but not as you know it’.
Half of Fintechs Losing $11M Per Year in Product Delays Due to BaaS Providers
- 2 years 1 month ago
- Banking
Aite-Novarica Group today announced the launch of a new study, commissioned by ClearBank, that reveals one in five fintechs are losing $11m per year in product delays due to BaaS (Banking-as-a-Service) providers. The report “Confusion, cost, and compliance: The bifurcation of BaaS and Embedded Banking” reveals that fintechs are increasingly reliant on their BaaS providers to speed time to market, boost revenues, and meet compliance demands.
Deutsche Bank Extends Partnership with Kyndryl to Support the Bank’s Ongoing Transformation
- 2 years 1 month ago
- Banking
Deutsche Bank and Kyndryl, the world’s largest IT infrastructure services provider, today announced a new agreement under which the bank will extend one of the largest and longest-running vendor contracts in the financial industry.
BankiFI and Axiom Bank, N.A. Partner for Expansive SMB Offering in the United States
- 2 years 1 month ago
- Banking
BankiFi and progressive financial institution Axiom Bank, N.A. are joining forces to make banking better for small-to-medium size businesses (SMBs) across the United States. The new partnership also represents BankiFi’s first North American client since its stateside launch in July.
Lloyds Bank: UK Financial Services Firms Invest in Technology to Tackle Rising Costs
- 2 years 1 month ago
- Banking
UK financial institutions will use new technology to tackle the impact of rising costs, according to a new report from Lloyds Bank. Three-quarters (75%) of UK financial services firms expect their operating costs to increase over the next 12 months. When asked how they plan to manage the impact of rising costs, the majority (72%) said they planned to invest in new technology to make their business more efficient.
MoneyLIVE Autumn Festival is Back Live and In Person, on the 29-30 November at the NH Collection Eurobuilding, Madrid
- 2 years 1 month ago
- Banking
MoneyLIVE Autumn Festival is the premier pan-European event shaping the future of banking and payments. Join 350+ senior banking and payments leaders to gain new insights, cultivate partnerships, and be part of the discussion setting the agenda for 2023 and beyond. 2022’s headline speakers include:
ICICI Bank Launches ‘Smart Wire’, an Easy Online Solution for Inward Remittances
- 2 years 1 month ago
- Banking
ICICI Bank today announced the launch of an online solution to help its customers carry out SWIFT-based inward remittances in a faster and hassle-free manner. Named, ‘Smart Wire’, the facility allows both NRIs and resident customers to undertake inward remittance transactions in an online and paperless way. ICICI Bank is the first bank in the country to introduce this faster online solution to receive inward wire remittances.
Kotak Mahindra Bank Partners with Finastra for Kotak FYN
- 2 years 1 month ago
- Banking
Finastra has today announced that it has partnered with Kotak Mahindra Bank to support its new integrated corporate banking portal, Kotak FYN, using Finastra’s Unified Corporate Portal solution. Kotak Bank and Finastra have been working together since October 2021 to expand the Kotak FYN portal for business and corporate customers. The bank’s customers can use the new enterprise portal to carry out all trade services.
Largest Bank in the CEE Region to Enter Metaverse
- 2 years 1 month ago
- Banking
It will be used as a laboratory to broaden my experience and to test relevant technological solutions. According to Paweł Gruza, vice president of the management board of PKO Bank Polski managing the work of the management board, in the perspective of a decade, Metaverse may become such a development impulse for the global economy as the emergence of a PC, Internet and smartphones in the past.
Bendigo Bank Completes Roll Out of PayTo
- 2 years 2 months ago
- Banking
Bendigo Bank has today launched its new PayTo digital payments service delivering new levels of control and transparency for its online and mobile banking customers. Developed locally using the real-time payment capabilities of the New Payments Platform - the same system used for secure PayID and instant Osko payments between individuals - PayTo is a new, digital way to pre-authorise one-off or recurring payments directly from a bank account.
