Banking

The FCA Annual Report highlights gap between banks and SMEs

The FCA’s efforts to improve financial services for SMEs will be the subject of the organisation's annual report, published today. SMEs are the lifeblood of the UK economy, contributing more than £200bn a year, but increasingly feel under-served by banks.[1] Read more »

SaxoBank Chooses AU10TIX 2nd Generation Customer ID Authentication & Onboarding Automation

International trading and investment platform SaxoBank enhances customer onboarding and fraud prevention with AU10TIX 2nd generation ID authentication and onboarding platform BOS. AU10TIX BOS is the first and currently only fully operational Cloud service, offering 100% end-to-end automation (No manual review, no customer data entry required), forensic-level ID authentication, multi-modal Selfie-to-ID face matching, Proof-Of-Address handling and... more Read more »

CashFlows offers BIN Sponsorship services

CashFlows today announced it will help to break down barriers to payment innovation by offering BIN sponsorship services through the ground-breaking Open Payments Cloud (OPC). New and smaller programmes have always posed a fundamental challenge within the industry whereby low card volumes present commercial challenges and creates a barrier to entry. Read more »

Austrian Central Bank Goes Live with SimCorp Dimension

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announced that Oesterreichische Nationalbank (OeNB), Austria’s central bank, has successfully completed the implementation of SimCorp Dimension, which is now live across the full spectrum of front, middle and back office. Read more »

LeasePlan Bank Integrates Ohpen banking platform

Cloud banking provider Ohpen has strengthened its position as the market leader in the Netherlands, signing LeasePlan Bank as its latest customer.  The cloud-native Ohpen core banking platform will replace several on-premises applications, reducing complexity and increasing LeasePlan Bank’s technological and functional capabilities to better support its retail banking customers. Read more »

Avoka Congratulates HSBC

Avoka was proud to join its customer HSBC Commercial Banking Group at Celent’s Innovation & Insight Day on April 24 as HSBC accepted its award for Model Bank for Commercial Account Onboarding. The win is based on the digital transformation achieved by HSBC partnering with Avoka, the global leader in customer acquisition software for banking. Read more »

Nordea to acquire Gjensidige Bank and enter Strategic Partnership with Gjensidige

Nordea has entered into an agreement with Gjensidige Forsikring ASA to acquire all shares in Gjensidige Bank ASA. The agreement also includes a long-term strategic mutual distribution cooperation with Gjensidige in Norway.  Gjensidige Bank is one of Norway’s leading online banks. The bank offers private individuals a suite of digital banking services, mortgages, car financing, unsecured loans and savings and investments distributed online and... more Read more »

Bankdata expands use of murex's capital markets platform, MX.3

Bankdata, an IT service provider to the Danish banking industry, has recently gone live with another stage of its transformation program. Bankdata recently migrated interest rate and cross-currency swaps from its legacy systems to Murex’s MX.3 platform, the leading solution for trading, risk management and processing for the capital markets.   Simplification of system landscape with Murex’s platform, MX.3 Read more »

Banking industry unites to combat financial crime at ATM & Cyber Security 2018

Violent attacks on ATMs, cyber intrusion, jackpotting, malware attacks, card skimming, black box attacks, and social engineering are just some of the threats being discussed at ATM & Cyber Security 2018 Read more »

Georgia’s Largest Bank Launches Digital Neobank in Eight Months

TBC Bank supports the country’s first cloud bank powered by Mambu Read more »

Spotcap Expands C-Suite As Business Matures

Fintech business lender Spotcap recently expanded its C-Suite to include two newly created roles. Linh Bergen-Peters joins the company as Chief Marketing Officer and Martin Gawlak as Chief People Officer. These new roles will be instrumental in ensuring Spotcap’s continued growth. The company increased its gross revenue by more than 100 percent between May 2017 and May 2018, and doubled the size of its loan book during the same time period. Jens... more Read more »

Coventry Building Society, UK’s second-largest, Selects Temenos To Power Digital Transformation

Temenos (SIX: TEMN), the banking software company, today announced that Coventry Building Society, the UK’s second-largest building society, has chosen Temenos T24 Core Banking platform for its future savings and mortgages servicing. The Society has opted for a front-to-back digital transformation using Temenos T24 Core Banking as well as Temenos Channels, Financial Crime Mitigation and Temenos Payments Hub solutions.  Read more »

Banking industry unites to combat financial crime at ATM & Cyber Security 2018

Violent attacks on ATMs, cyber intrusion, jackpotting, malware attacks, card skimming, black box attacks, and social engineering are just some of the threats being discussed at ATM & Cyber Security 2018 Read more »

European Central Bank grants banking licence to Nordea Holding Abp

Nordea Holding Abp has been granted a banking licence by the European Central Bank. The received banking licence is part of the preparation for Nordea’s move into the banking union and the merger of Nordea Bank AB (publ) into Nordea Holding Abp. Read more »

Santander implements Infosys Finacle suite for interbank cash management

Infosys Finacle, part of EdgeVerve Systems, a fully owned subsidiary of Infosys, and Santander UK, a leading financial services provider in the UK, today announced the launch of a new inter-bank cash management system for its corporate customers.  Read more »

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