Banking

ICS Financial Systems Limited (ICSFS) to Participate at Oracle Cloud Summit for ISV Executives

ICS Financial Systems Limited (ICSFS), a global software and services provider for banks and financial institutions and a Gold level member of Oracle PartnerNetwork (OPN), today announced it was invited by Oracle to participate and join the Partner Panel Discussion at Oracle Cloud Summit for ISV Executives, which was hosted in London on Wednesday April 18, 2018 at the Queen's House in Greenwich. Read more »

Citi Named First Corporate Bank to Enroll As Registered Third Party Payment Provider for Open Banking in the UK

Citi has today announced that is has successfully enrolled as a Payment Initiation Service Provider (PISP) on the UK Open Banking Directory, becoming the first corporate bank to do so.  Inclusion in the directory will allow Citi to begin piloting new payment and collection services for clients. Read more »

Token Enables Bank Direct Payments for Caxton FX Consumer and Business Customers

Empowers international FX leader to leverage open banking to offer a simple, fast and convenient way for customers to load their prepaid multi-currency cards.   Turnkey open banking platform provider Token today announces that it is enabling Caxton FX to provide a bank direct payments facility to its consumer and business prepaid multi-currency card customers. Read more »

RS2 report says Open Banking requires 'Open Payments' platforms to meet needs of connected customers

A report published today by payments processor RS2warns that the payment industry must consolidate omnichannel payments, card payments, and direct-from-bank Open Banking payments into new ‘Open Payments’ platforms to meet the demands of connected customers and the retailers serving them. Read more »

SberTech will rate projects at Startup Village

Sberbank Technology has become a partner of Startup Village – Russia’s largest start-up conference for tech entrepreneurs. As a partner, SberTech will rate projects that take part in the company and early-stage project competitions and award a total of 1.5 million roubles to the three most promising entrants. Read more »

Starling creates Google Play in-app

Starling Bank, the leading mobile-only bank recently voted Britain’s Best Bank 2018, today brings its customers an enhancement to Google Pay, the fast, simple way to pay in millions of places - online, in stores - and more. Read more »

JCB expands to Russia

JSC Russian Agriculture Bank ("RSHB") and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., are pleased to announce the launch of JCB card acceptance on the RSHB ATM and POS terminal network. RSHB's acquiring network includes 3,800 ATMs, 1,700 info-kiosk terminals and more than 10,500 POS terminals at merchants. Now JCB cardmembers will be able to withdraw cash and check their balance at RSHB ATMs. Read more »

Revolut announces an app store for business banking - Connect

Revolut strives to create a radically better banking experience for individuals and businesses alike. Revolut App has seen the addition of many new and exciting features over the last few months - and today we’re extremely proud to update our business users on one of our best-kept secrets yet!  Revolut Connect is the easiest and fastest way to connect your Revolut for Business account to the tools and apps you use everyday. Read more »

RBS and Lloyd’s £5.5 billion investment in digital must avoid TSB nightmare

Big banks are ramping up investment in digital services, as RBS announces a £ 2.5 billion investment and Lloyd’s announces an investment of £ 3 billion. However, with TSB still reeling from its IT meltdown, banks must understand the complexities of their existing infrastructure, before they can transition to a more modern IT system, warns Nick Hammond, Lead Advisor for Financial Services at World Wide Technology. Read more »

Natixis joins Marco Polo, the Trade Finance Network powered by Blockchain Technology

As part of its ongoing efforts to offer next- generation trade finance solutions to its clients, Natixis has announced that it has joined Read more »

Nordic banks to explore common KYC joint venture

Leading Nordic banks DNB Bank ASA, Danske Bank A/S, Nordea Bank AB (publ), Svenska Handelsbanken AB (publ) and Skandinaviska Enskilda Banken AB (publ) have decided to explore the possible establishment of a Nordic Know Your Customer (KYC) infrastructure that would, in initial phase, service large and midsize Nordic corporates. Read more »

Raiffeisen Bank Will Accelerate Digital Transformation with FICO Platform

Raiffeisen Bank will use new customer onboarding technology from analytic software firm FICO to increase its digital lending capabilities in Romania. FICO announced today that Raiffeisen — part of Raiffeisen Bank International, one of the largest banking groups in Central and Eastern Europe — has purchased FICO® Origination Manager to further automate processing new accounts, through all channels, across all retail banking products. Read more »

Emirates NBD to Roll Out Digital Kiosks

Emirates NBD, a leading bank in the Middle East, has partnered with Diebold Nixdorf, a world leader in driving connected commerce, to soon launch Emirates NBD EasyHub, the region’s first integrated digital kiosk that will allow customers to sign up for new products and access a variety of teller services, functioning like a mini-branch that is open beyond normal banking hours and all days of the week. Read more »

2018 FIS PACE Study announces Challenger Banks are Getting Successful in the Battle for Customer Satisfaction in the UK

Digital-first direct banks outperforming the top 50 global banks on key performance metrics including privacy, security and problem solving  Mobile now considered the main branch for banking for anyone under the age of 53 Direct bank users three times more likely to trust a technology company to provide a financial mobile app over their bank Read more »

Auriga starts branch device management module

Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, and one of Europe’s original FinTech success stories, has announced the launch of its new WWS Asset Management, application module of the WinWebServer (WWS) suite to help manage the entire life cycle of all devices located in branches providing services to customers such as ATMs, assisted self-service devices, tablets, digital signage and... more Read more »

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