Banking

Open Banking ‘could drive down the cost of advice’, finds Bravura roundtable

Open Banking could drive down the cost of advice, participants at a recent roundtable hosted by Bravura Solutions Limited (Bravura) predicted. The attendees, which included senior platform executives, workplace savings providers and financial advisers, believe the use of banking data would not only improve the standard of advice in the UK but improve access to it also. Read more »

ICSFS Completes a Successful Blockchain Proof of Concept with Arab Jordan Investment Bank

 ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, has successfully completed the implementation of blockchain proof of concept (PoC), which was conducted at  Arab Jordan Investment Bank (AJIB), one of Jordan’s leading investment and commercial banks, through ICS BANKS Blockchain Adapter between Amman Head Office and Cyprus Branch (Limassol). Read more »

Australia’s first SME challenger bank opts Temenos

Temenos (SIX: TEMN), the banking software company, today announced that Judo Capital has selected Temenos T24 Core Banking, Channels, Analytics and Financial Crime Mitigation, to power its charge into the business banking sector. Judo will leverage Temenos’ global expertise and 25 years of experience in providing proven, packaged, upgradeable software to launch a challenger bank specifically geared toward SMEs.   Read more »

Oracle Net suite installed at Ebanx

Oracle NetSuite has started the process of integrating its Enterprise Resource Planning (ERP) software into EBANX, global fintech company with Latin American DNA, that offers local payment solutions from Latin America to websites that sell internationally. Read more »

Path Solutions Announces Momentum Signing Up BTI Bank

Path Solutions, an established leader in providing cutting-edge software solutions to the Islamic financial services industry, is pleased to announce that Bank Al-Tamweel Wa Al-Inma (“BTI Bank”) has selected iMAL Islamic core banking platform for its retail, commercial and corporate banking operations, as well as for multi-channel support, analytics, risk and compliance. Read more »

Path Solutions announces momentum signing up BTI Bank

Path Solutions, an established leader in providing cutting-edge software solutions to the Islamic financial services industry, is pleased to announce that Bank Al-Tamweel Wa Al-Inma (“BTI Bank”) has selected iMAL Islamic core banking platform for its retail, commercial and corporate banking operations, as well as for multi-channel support, analytics, risk and compliance. Read more »

Augmentum Fintech plc announces £5.3 million investment in Monese

Augmentum Fintech plc (LSE: AUGM) (“Augmentum” or the “Company”), one of Europe’s leading fintech venture capital investors, announces an investment of £5.3 million in UK based fast-growing mobile-only current account provider Monese. Augmentum is participating in this £46 million Series B fundraising alongside Kinnevik, PayPal and Avios, all of whom are investing in Monese for the first time. Read more »

Clickatell Transact Enables United Bank for Africa (UBA) to launch Chat Banking (Leo) on WhatsApp in Nigeria

Clickatell (www.Clickatell.com/products/transact), an authorized WhatsApp Business Solution provider, is proud to announce that United Bank for Africa (UBA) will be going live with their Chat Banking solution – Leo on WhatsApp. Read more »

TIBCO Announces the AI-Powered A(X) Experience for Spotfire

TIBCO Software Inc., a global leader in integration, API management, and analytics today announced the A(X) Experience for TIBCO Spotfire, an industry-first, AI-driven analytics experience that fuses agile data exploration with natural language processing (NLP), machine learning recommendations, and model-based authoring, adding native support for real-time streaming data. Read more »

The United Bank of Egypt drives digital transformation with Finastra

The United Bank of Egypt (The United Bank) has modernized its core banking infrastructure across its retail, corporate and treasury business using Finastra technology. The bank has upgraded to the latest version of Fusion Equation, integrating it with a new deployment of Fusion Teller to drive efficient in-branch retail operations. It has also upgraded to the latest versions of Fusion Trade Innovation and Fusion Treasury to boost its corporate... more Read more »

Tinkoff Bank adds movie ticket bookings to mobile app

Tinkoff Bank continues to expand its ecosystem of lifestyle services by adding movie ticket bookings to its mobile app.  Starting today, the service is available to iOS users, with the Android version to follow soon. With more than 300 participating movie theatres in 90 cities across Russia, tickets are now just a couple of clicks away. The new feature is available to the Bank’s customers in the Entertainment section of the Payments menu. Read more »

Sberbank reveals mobile bank for children and parents

To mark the beginning of the school year, Sberbank is launching a mobile application called SberKids, which will be available from the AppStore and Google Play from 1 September.  The app will teach children to manage their pocket money and help parents monitor their children’s spending. Using SberKids, parents can: Create a virtual prepaid card for their child. Instantly transfer pocket money to the card. See what the child is spending money on... more Read more »

Temenos a Leader in Global Digital Banking Platforms report

Temenos (SIX: TEMN), the banking software company, was named a Leader in The Forrester Wave™: Global Digital Banking Platforms, Q3 2018. Temenos’ digital banking platform received the highest score in the current offering category after Forrester evaluated the strengths and weakness of the top 10 digital banking platform solutions against 40 criteria. Temenos also achieved the highest score in the market presence category. Read more »

ICS Financial Systems (ICSFS) Completes a Successful Blockchain Proof of Concept (PoC) with Arab Jordan Investment Bank (AJIB)

Limassol, Cyprus: ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, has successfully completed the implementation of blockchain proof of concept (PoC), which was conducted at  Arab Jordan Investment Bank (AJIB), one of Jordan’s leading investment and commercial banks, through ICS BANKS® Blockchain Adapterbetween Amman Head Office and Cyprus Branch (Limassol).  Read more »

Integral Reports 11% Year over Year Growth Across Market Segments

Integral (www.integral.com), the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $33.5 billion in August 2018.  This represents an increase of 11% compared to August 2017, and reflects single count trading volumes originating from BankFXTM, MarginFXTM , InvestorFXTM, and... more Read more »

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