Retail Banking

Finastra signs Oman Arab Bank

Oman Arab Bank (OAB) has committed to deploy FusionBanking Essence from Finastra in each of its 65 branches and representative offices across the Sultanate. The bank, which is the third largest in Oman, will transition from its current FusionBanking Equation platform as it diversifies its business to accelerate growth and renews its focus on customer-centricity. Read more »

Avoka Develops CX Design Programme for Retail Banks

Avoka, the acknowledged leader in digital customer acquisition for financial services companies, today announced the launch of a Customer Experience (CX) Design program to empower its clients in the retail banking, business banking, and wealth management industries to optimize their digital customer acquisition and onboarding capabilities.  The program is the first of its kind, specifically designed for banks engaged in the process of... more Read more »

IFIC Taps Finastra to Boost Retail Banking Business in Bangladesh

The International Finance Investment and Commerce Bank (IFIC) has chosen Finastra to support the bank as it strives to make retail banking and SME services more of a focus, alongside its existing corporate client base. As part of this growth drive, IFIC will bolster its retail offering with FusionBanking Essence Online and Mobile to deliver advanced digital services to locals, disrupting the Bangladesh banking market.  Read more »

Top Bankers Re-evaluate Digital Disruption

15th Annual Retail Banking Forum, due to take place 10th-11th  October 2017 in Vienna, Austria. Read more »

Royal Mint Introduces First Platinum Bullion Products

The Royal Mint has timed its first entry into the platinum bullion market to coincide with London Platinum Week.  The first of a range of bullion platinum coins and bars will be launched on Monday 15 May via bullion trading platform royalmintbullion.com, and will be the first investment-grade platinum to be retailed by the 1,000 year-old organisation. A strategic partnership with The World Platinum Investment Council (WPIC) to deliver the... more Read more »

Misys Launches Retail Banking Cloud Platform for German Market

 Misys today unveiled its retail banking private cloud solution for the German market, at a company event in Frankfurt. The pre-configured and localised Misys FusionBanking Essence solution delivers core and digital banking functionality on the Misys FinCloud in line with regional specificities including language, currency and regulatory frameworks. Read more »

Chargebacks911 Welcomes Kristjan Gjura As VP Business Development

Today Chargebacks911, a globally-renowned leader for risk mitigation, announced the appointment of Kristjan Gjura as VP of Business Development, an integral component of Chargebacks911’s continued global expansion.  Read more »

Fleximize Gets £16.3m Funding for SME Lending

Today Fleximize, the UK’s first revenue-based finance provider, reported that it has closed a new financing facility of £16,300,000 from Hadrian’s Wall Secured Investments Limited, a specialised investment fund.  Read more »

Creditsafe Receives FCA Accreditation

Global business intelligence experts, Creditsafe, has been granted full Financial Conduct Authority (FCA) accreditation. Creditsafe, the global business intelligence experts are the world’s most-used supplier of online company credit reports, serving 200,000 subscription customers globally and producing 125 million credit reports annually.  Read more »

PyraMax Ban Taps Fiserv as Technology Partner

Fiserv, Inc., a leading global provider of financial services technology solutions, announced today that PyraMax Bank, a mutual savings bank based in Greenfield, Wisconsin, has selected Fiserv as a technology partner to help the bank modernize its retail banking operations, create a frictionless customer experience and drive the growth of commercial loans and deposits. Read more »

Gadget ransomware warnings highlight opportunity to improve identity authentication

Fraud follows the channels of adoption, but as we get more connected, the easier it will become to prove our identity. This week the National Crime Agency and National Cyber Security Centre reported that a particular kind of security breach, ransomware, has grown significantly over the past year, with the popularity of internet-connected gadgets increasing the risk of attacks for consumers.  Read more »

Everest Group Positions HCL Amongst Leaders for Retail Banking BPO

HCL Technologies (HCL), has been recognized as a Leader by Everest Group in its recently published report, “Retail Banking BPO – State of the Market with PEAK Matrix™ Assessment 2016”. According to the report, HCL has witnessed best-in-class revenue growth in retail banking BPO, supported by its strong capability in regulatory and risk management support services. It also highlights HCL’s balanced shoring mix with a strong presence in both... more Read more »

IBERIABANK Selects Novantas’ PriceTek Platform

Novantas, the industry leader in analytic advisory services and technology solutions, is pleased to announce that IBERIABANK has selected Novantas’ PriceTek® its platform to manage deposits throughout their growing footprint. PriceTek will help the bank’s retail banking and treasury teams to grow and manage long-tenured, low-cost core deposits with enhanced analytics capabilities. Read more »

GFT boosts its retail banking offering in the UK and North America

GFT, the leading provider of business, design and technology consulting to 8 of the top 10 global banks, today announces that it is expanding its retail banking practice in the UK, supported by the appointment of senior hire Christian Ball, who joins as Head of Retail across the GFT Atlantic Region. Read more »

Outdated ID Checking Processes Couse for UK Banks to Lose Half of New Online Account Applications

Identity confirmation provider HooYu today released its Digital Banking Benchmark Report. The report analyses the online account opening performance of five of the UK’s top retail banks to investigate where banks can improve their online account opening processes. On average, only 53% of online account openings are completed, meaning that 47% of online account opening attempts are left abandoned. Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53, +44 (0) 173 261 71 47 Download Our Mobile App