European Retail Banks Need to Reduce their Costs by over £25 Billion to Improve Profitability Following the Pandemic, According to Kearney Research
- 4 years 9 months ago
- Management, Consultancy
Analysis from global consultancy partnership Kearney has found that retail banks will need to reduce costs by €35-€45 billion (£25-£32 billion) within the next 3 to 5 years to regain profitability. To do so will require the transformation of operating models to improve the cost-to-income ratio (CIR).
Worldline Teams Up with Microsoft to Futureproof Online Businesses Against Fraud
- 4 years 9 months ago
- Transaction Banking, Payments
Worldline, the European leader in the payments and transactional services industry and number 4 worldwide, today announced it has partnered with Microsoft to integrate Dynamics 365 Fraud Protection into Worldline’s digital commerce payments suite.
Planixs Renews Hellios Financial Supplier Qualification System (FSQS) Certification
- 4 years 9 months ago
- Management, Cloud, Compliance, Data
Planixs, the leading provider of real-time cash, collateral and liquidity management solutions to financial services firms, is proud to announce that it has successfully completed the Financial Supplier Qualification System (FSQS) certification process, a benchmark used by major banks and financial institutions to assess and vet potential vendors as part of their supplier procurement process.
Meniga Continues Collaboration with Nordea Sweden to Bolster its Digital Banking Offering with Personalized Cashback Rewards
- 4 years 9 months ago
- Management, Banking
● Following a successful year of collaboration, Meniga has consolidated its partnership with Nordea by continuing the integration of its market-leading cashback rewards platform within Nordea’s own mobile banking app in Sweden.
MCB to Adopt MITECH’s TRAC Collateral Management System on a Cloud
- 4 years 9 months ago
- Trading Systems, Management, Banking
The Mauritius Commercial Bank Ltd (MCB) is adopting MITECH’s system TRAC (Trade Risk Active Control) to support a continuous and significant growth in its Commodity Trade Finance (CTF) business. TRAC is a Trade Risk and Collateral Management system supporting Structured Trade Commodity Finance. The TRAC solution handles not only Transactional Commodity Finance but Borrowing Base structures as well.
A Digitised Supply Chain has Become a Necessity for Building Business Efficiency
- 4 years 9 months ago
- Management, Cloud
Cloud technology is driving change and accelerating digital transformation across multiple industries simultaneously. Not only is cloud technology itself evolving at pace, but the way organisations buy and manage software is having to adapt as well.
New SER Group Connector Gives Users Much-needed Centralized Access to Information in Microsoft Team
- 4 years 9 months ago
- Management
With Doxis4 SmartBridge for Teams, the SER Group offers a new connector that enables its customers to access all information centrally on the Doxis4 enterprise content management (ECM) platform directly in Microsoft Teams. The connector ensures traceability and transparency to enhance team productivity and enables the fulfillment of governance policies and regulatory requirements.
Arrow Electronics Provides Fully Managed Service for Citrix ADC and Microsoft 365 Cloud Backup
- 4 years 9 months ago
- Management, Technical, People Moves
Global technology provider Arrow Electronics has announced the launch of a fully managed service to help customers meet the challenges presented by the delivery and back-up of applications.
8 out of 10 Merchants Have Seen an Increase in Friendly Fraud, According to the 2021 Chargebacks911 Field Report
- 4 years 9 months ago
- Management
Chargebacks911, the dispute technology platform provider, and its financial institutions-focused sister brand, Fi911, has announced the launch of its second annual Chargeback Field Report. Driven by shifting consumer behavior towards ecommerce and digital transactions resulting from the COVID-19 pandemic, the report unveils an eruption in friendly fraud and a worrying trend of merchants across every sector struggling to cope with chargebacks... more
Taulia Expands in Asia with New Footprint in China and Singapore
- 4 years 9 months ago
- Management
Taulia, the leading fintech provider of working capital solutions, has today announced it is expanding its global footprint and growing its presence in Asia. Taulia has established a presence in China and Singapore, two markets of strategic importance to its existing global client base and with strong potential for growth among local and regional buyers and suppliers.
Gresham Technologies Announces Agreement to Acquire Electra Information Systems
- 4 years 9 months ago
- Trading Systems, Management, Payments, Banking, Data
Global fintech Gresham Technologies plc (Gresham) that specialises in providing real-time solutions for data integrity and control, banking integration, and payments and cash management, has announced its agreement to acquire post-trade automation specialists, Electra Information Systems, Inc. (Electra).
Chip works with BlackRock to Bring Investment Funds to The App and Aims to Build the “Easiest Investment Platform in The World”
- 4 years 9 months ago
- Investment, Management
Chip, the savings and investments platform of the future, has launched the Chip Investment Platform with funds powered by BlackRock, the world’s largest investment manager. The goal of Chip Investments is to offer easy and hassle-free access to investment funds and to enable users to grow their money and build a diversified investment portfolio in just a couple of taps.
FSS Enhances Prepaid Multi-Currency Card Offering
- 4 years 9 months ago
- Management, Payments
FSS (Financial Software and Systems), a globally leading provider of integrated payment products and a payments processor, has introduced significant enhancements to its prepaid multi-currency card offering, aimed at providing greater choice, security, and convenience to international travellers.
Molo Selects Optimus to Add Specialist Buy-to-let and Limited Company Conveyancing Services to its Digital Mortgage Lending Proposition
- 4 years 9 months ago
- Lending, Management
Optimus – the conveyancing panel management specialist for mortgage brokers, lenders and estate agents – has today announced that Molo Finance – the UK’s first digital mortgage lender – has partnered with Optimus to provide instant access to conveyancing quotes so customers can seamlessly instruct a top-rated and performance managed solicitor for efficient property transactions, supporting both individuals
