Banking Circle Research Reveals How Payments Businesses Are Adapting in the Wake of COVID-19 Restrictions
- 5 years 2 weeks ago
- Covid-19, Payments
Recent research[1] commissioned by financial infrastructure provider, Banking Circle, following a webinar on the impact of COVID-19, has found that businesses are innovating rapidly to meet their customers’ ever-changing needs. Key highlights:
Tata Consultancy Services’ SaaS Banking Solution will Provide the Bank with a New Digital Core to Leverage Ecosystems, Launch New Services and Grow its Customer Base
- 5 years 2 weeks ago
- Banking, Cloud
Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting, and business solutions organization, announced that Continental Bank in the US has selected TCS BaNCS™ Cloud for Banking to digitally transform its business.
Winvesta Taps DriveWealth to Offer Indian Investors Access to U.S. Securities
- 5 years 2 weeks ago
- Trading Systems
DriveWealth, LLC, a U.S. based leader in global digital trading technology, announced today a partnership with Winvesta Ltd, a newly launched UK-based global investment platform with operations in India and the U.S. Employing DriveWealth’s proven technology, Winvesta is now offering U.S. stock market access via a mobile app to investors across India, enabling them to invest in their favorite companies.
Pandemic Accelerates Contactless Payment Adoption in the Nordics
- 5 years 2 weeks ago
- Covid-19, Payments
The first four months of 2020, during which the Nordics imposed strict Covid-19 social distancing measures, saw contactless payments in the region increase by an unprecedented 12 percentage points, according to transaction data from European payments industry leader, Nets, released today.
Temenos Awarded the Highest Status in Aite’s Matrix Evaluation of Investment and Fund Accounting Systems
- 5 years 2 weeks ago
- Banking, Accounting
Temenos (SIX: TEMN), the banking software company, today announced that the Temenos Multifonds Global Accounting product has been awarded ‘best in class’ status in Aite Group’s Matrix Evaluation of Investment and Fund Accounting Systems.
Wolters Kluwer and Risk Magazine to Explore Basel IV Impacts
- 5 years 2 weeks ago
- Security and Compliance
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business is holding a webinar with Risk.net to explore how the year delay to Basel IV provides an opportunity to prepare and examine suitable financial technolo
British Business Bank Announces Nine New Lenders Under the Coronavirus Business Interruption Loan Scheme
- 5 years 2 weeks ago
- Lending, Banking
Today the British Business Bank has announced that it has approved nine new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), bringing the total number of CBILS lenders to over 60. New lenders Assetz Capital, Atom bank, Ebury, Fleximize, Investec, Social Investment Business, Tower Leasing, Ultimate Finance and White Oak UK, will be able to provide financial support to smaller businesses across the UK that...
Investors Look To CEOs to Ensure Transparent Financial Reporting Amid Global Uncertainty, According to Research from BlackLine
- 5 years 2 weeks ago
- Accounting
A global survey of institutional investors commissioned by accounting automation software leader BlackLine, Inc. (Nasdaq: BL) reveals that 79% of global investors believe that CEOs should be held accountable for a company's financial reporting errors. Surprisingly, only 38% of investors feel that CFOs should be held to account.
Leading Bank in the Dominican Republic Selects Temenos to Power Its Digital Transformation
- 5 years 2 weeks ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that BHD Leon has chosen to implement Temenos Transact, the next generation core banking product, as part of its digital transformation program. The implementation will be conducted in two phases, migrating business lines across retail, SME, corporate and wealth management sectors from a legacy system to Temenos’ cloud-native, API-first microservices-based platform.
Finboot’s MARCO Recognised by World Economic Forum as an Example of Successful Blockchain Implementation in Supply Chains
- 5 years 2 weeks ago
- Blockchain
Finboot, the company behind the production-ready blockchain middleware MARCO, is pleased to announce that it has been included in the World Economic Forum’s (WEF) first ever Blockchain Deployment Toolkit as an example of a company that proves the value of the blockchain ecosystem within supply chains. Two of Finboot’s successful blockchain implementations are referenced, including a project with energy giant Repsol.
Atom Bank Continues to Support Businesses Through Coronavirus Business Interruption Loan Scheme (CBILS)
- 5 years 2 weeks ago
- Lending, Banking
Atom, the UK’s number one rated bank on Trustpilot, has today announced that it has been approved for accreditation as a new lender by the British Business Bank to offer secured loans through the Government-backed Coronavirus Business Interruption Lending Scheme (CBILS). Atom will be offering eligible businesses secured loans from £100,000 up to £5m through the 200+ independent brokers that are registered to work with Atom.
Nordic Fintechs Rocker and Enfuce Team Up to Enable Cutting-Edge Neobank Build-Up
- 5 years 2 weeks ago
- Banking
Rocker, the Swedish neobanking pioneer, has selected Enfuce– Finland’s largest fintech startup – as partner for card issuing and payment processing. The collaboration enables Rocker to issue VISA prepaid cards easily and securely.
Latest Digital Collaboration Hub From Finantix Drives Richer Advisor-Client Communication – Selected by Banco Itaú International
- 5 years 2 weeks ago
- Wealth Management, Banking
Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today launched its latest Digital Collaboration Hub which allows financial institutions to activate a collaboration channel within weeks.
Masthaven Appoints New CEO
- 5 years 2 weeks ago
- Banking, People Moves
Masthaven Bank has made changes to its senior leadership team with the appointment of Leigh Bartlett as Chief Executive Officer (CEO). Jon Hall will continue in his current role as CCO and Deputy CEO whilst Andrew Bloom, Masthaven’s founder, has stepped back from being CEO but will continue to remain on the Board as Non-Executive Director.
Asia Pacific Partnership Offers FIs a Future-proof Solution for All Their Payment Needs
- 5 years 2 weeks ago
- Payments
Compass Plus further strengthened its partnership with Stratus Technologies in Asia Pacific with the announcement of the successful stress testing of TranzAxis using Stratus
