Customers Demand More from Banks as Cost-of-living Crisis Bites
- 2 years 5 months ago
- Banking
As inflation and living costs hit record levels across the globe, people are calling on their banks to better support them through the cost-of-living crisis.
DFSA Takes Action to Protect the Integrity of Islamic Finance
- 2 years 5 months ago
- Islamic Finance
The Dubai Financial Services Authority (DFSA) withdrew the Authorised Individual status and imposed a restriction on Trevor Conway, a Senior Executive Officer at a DFSA-authorised firm (Firm), following an investigation into his conduct in relation to the Firm’s Commodity Murabaha Broking Desk (the Desk).
NatWest Launches Digital Carbon Planner to Help UK Businesses Manage Future Fuel and Operational Costs
- 2 years 5 months ago
- Banking
NatWest has today announced the launch of its Carbon Planner, a free-to-use digital platform designed to help UK businesses manage their future fuel and operational costs, and reduce their carbon footprint to help them go and grow greener.
Over a Quarter of Europeans Use Bank Branches just Once a Year
- 2 years 5 months ago
- Banking
Analysis from leading global management consulting firm Kearney has found that 21% of Europeans in 2022 never visit a bank branch and carry out their banking remotely – a figure that almost doubled in the pandemic, rising from 12% in 2019.
Société Générale is the Latest Global Bank to join Broadridge’s Distributed Ledger Repo Platform
- 2 years 5 months ago
- Banking
Leveraging the latest technology to further transform its capital market operations, Société Générale, is now live on the distributed ledger technology repo platform (DLR) created by global Fintech leader, Broadridge Financial Solutions, Inc. The blockchain-enabled platform accelerates the digitization of the global repo market, empowering participants to realize immediate benefits of reduced risk and operational costs and enhanced liquidity
Gatehouse Bank Introduces New Savings App
- 2 years 5 months ago
- Banking
Gatehouse Bank has today launched a mobile app, available on iOS and Android, to support customers in managing their personal savings accounts. The app allows users to view their account balance, recent transactions, and personal information held for the account. Users can also view and delete pending, unprocessed transactions and withdraw or transfer funds between Gatehouse Bank savings accounts (if their account(s) allow this).
Yoma Bank Transforms In-house Processing Centre with Compass Plus Technologies
- 2 years 5 months ago
- Banking
Yoma Bank, one of Myanmar’s most progressive banks, has completed the migration of its in-house processing centre to Compass Plus Technologies’ award-winning payments platform, TranzAxis. The bank was looking to expand and modernise its processing business, to do so it needed a reliable partner and scalable solution to meet its current needs and future requirements.
The First Neo Financial Institution in KSA opts for ICS BANKS Digital Platform from ICSFS
- 2 years 5 months ago
- Banking
The First Neo Financial Institution in KSA; Loan Financing Company (LFC), a newly-established microfinance company in the Kingdom of Saudi Arabia, has selected ICS BANKS Digital Platform, a worldwide digital Shari’a compliant software solution, from
Banque Populaire de Mauritanie Takes Islamic Banking to the Next Level with the Successful Go-live of Azentio’s iMAL Version R14.5
- 2 years 5 months ago
- Islamic Finance
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that Banque Populaire de Mauritanie (BPM), one of the largest financial institutions (FIs) in Mauritania, has gone live with the R14.5 version of iMAL, Azentio’s Core Banking Platform, to meet the multiple technology requirements imperative for its planned business gr
TransUnion Helps Millions Check Credit Health With Lloyds Bank
- 2 years 5 months ago
- Banking
TransUnion, a global information and insights company, is empowering customers of Lloyds Bank to look after their credit health with free access to their TransUnion credit score via an interactive dashboard. The Lloyds Bank ‘Your Credit Score’ service, which uses TransUnion’s Consumer Platform, is filling a clear demand – with almost one million of the bank’s customers checking their credit score for the first time in April.
55% of UK Banking Apps are Leaving Customers Exposed
- 2 years 5 months ago
- Banking
Jscrambler, a technology company specialising in cybersecurity products for web and mobile applications, today announced a new report: ‘The State of Application Security in UK Banking’.
China Construction Bank, ADDX To Partner On China Offshore Investments
- 2 years 5 months ago
- Banking
China Construction Bank (Chongqing and Singapore branches) and ADDX have entered a partnership to help domestic investors in China participate in the country’s official offshore investment scheme. The financial institutions announced today the signing of a memorandum of understanding (MOU) that paves the way for them to work together on the custody and distribution of a US$200 million quota allocation under the QDLP scheme.
Tillful Announces Partnership With Experian to Help Small Businesses Get the Credit They Deserve
- 2 years 5 months ago
- Banking
Small business credit platform Tillful, backed by ING Ventures, Experian Ventures, Bitrock Capital, and Katalyst Ventures, announced today that it's partnering with Experian® to help establish credit profiles for businesses that are new to credit or otherwise credit invisible and thereby potentially expand the range of credit options that can be made available to them.
Sella Launches the First Italian Acceleration Program Dedicated to Startups Focused on Finance in the Metaverse
- 2 years 5 months ago
- Banking
Metaverse 4 Finance Accelerator has started. Representing the first Italian acceleration program - fostered by the Sella group and implemented by dpixel, its Venture Incubator, in partnership with OGR Torino – it aims to identify and support the growth of national and international startups for the development of innovative, economically sustainable, inclusive and safe solutions and technologies within the financial applied Metaverse.
Auriga Wins ATMIA Contest for ‘Cost of Cash’ White Paper to Improve Cash Management and Logistics
- 2 years 5 months ago
- Banking
Auriga, a global software provider for the omnichannel banking and payments industry, today celebrated the winning of the “Improving the Costs of Cash White Paper” contest from ATMIA, the leading non-profit trade association representing the entire global ATM industry.
