Wealth Managers Need to ‘democratize’ Their Services to Thrive in the Hyper-Personalized, Digital Banking Era, Warns Avaloq
- 5 years 7 months ago
- Wealth Management
Wealth managers and private banks need to ‘democratize’ their service and product offerings to a wider audience of affluent clients to compete and grow in the new hyper-digital world. If firms do not democratize their proposition, they risk losing market share and failing to capitalise on the profound, digital-led transformation of the sector. The finding comes from global tech leader Avaloq in a major new sector report, Democratization of...
Glassdoor Names Sage’s Steve Hare as Highest Rated CEO in the UK During COVID-19 crisis
- 5 years 7 months ago
- Covid-19, Cloud, People Moves
Sage, the market leader in cloud business management solutions, announced today that Steve Hare, CEO, has been recognised by Glassdoor for having the highest rated leadership score in the UK (95%), during the COVID-19 crisis. The data published by Glassdoor today, uses primary analysis of voluntary, anonymous company reviews and ratings from UK-based current and former employees between 1st March, 2020 and 31st July, 2020.
Temenos Transact Certified on Alibaba Cloud
- 5 years 7 months ago
- Cloud
Temenos (SIX: TEMN), the banking software company, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced that Temenos Transact, its next generation core banking product is now certified on Alibaba Cloud. Financial institutions will be able to run Temenos’ mission-critical core banking applications on Alibaba Cloud and benefit from elastic scalability, cost and operational efficiencies. Banks can...
BidFX Releases Flagship FX Desktop Trading Application on OpenFin
- 5 years 7 months ago
- Trading Systems, Foreign Exchange, Cloud
BidFX, the leading cloud-based provider of electronic foreign exchange trading solutions, today announced a significant addition to its product range delivered via OpenFin, the operating system (OS) of finance. BidFX now offers a desktop-installed web application supporting the layout of window-based components that interoperate securely and seamlessly across a trader's multi-screen workstation.
ClearBank Becomes First Clearing Bank to Offer Multi-Currency Bank Accounts via API
- 5 years 7 months ago
- APIs, Banking
ClearBank, the cloud-based clearing bank, has become the first clearing bank to offer multi-currency bank accounts via API.
OBE, Moneyhub and Streeva Launch World's First QR Code-Based Open Banking Payments with Automated Gift Aid for Charities
- 5 years 7 months ago
- Open Banking, Payments
Open Banking Excellence (OBE), the world’s leading community of Open Banking and Open Finance pioneers, has joined forces with Moneyhub Enterprise and Streeva to take open banking-powered charity donations mainstream.
FinTech Association Launches Hong Kong’s First Dynamic InsurTech Ecosystem Map
- 5 years 7 months ago
- Insurtech
The InsurTech Committee of the FinTech Association of Hong Kong [FTAHK] is pleased to announce the launch of Hong Kong’s first interactive InsurTech map, capturing Hong Kong’s vibrant InsurTech ecosystem on a single page.
The FinTech50 2020 – This Year’s 50 European Fintech Companies ‘to Watch’
- 5 years 7 months ago
- FinTech StartUps
The FinTech50, the first list in the world to recognise innovative European Fintechs, has announced the 50 companies named to its 2020 list. Leaders from Silicon Valley Bank, Accel, Mastercard, Augmentum Fintech, Schroders, Xero and Commerzbank selected this year’s 50 from over 2000 European companies.
Unified Commerce Pays as Multi-Channel Retailers Sweep Up Home-bound Shoppers
- 5 years 7 months ago
- Covid-19, E-Commerce
New data released today by Adyen, the global payments platform of choice for many of the world’s leading companies, underscores the importance of omni-channel retail in mitigating sector and wider economic turbulence caused by the coronavirus pandemic.
Mortgage Brain Announces New Criteria Live on Criteria Hub
- 5 years 7 months ago
- Lending
Brokers using Criteria Hub can now search across a host of new criteria on the market-leading criteria-based sourcing system from mortgage technology expert Mortgage Brain. Over recent weeks a wide range of new criteria have been uploaded onto Criteria Hub, based on both the firm’s own research and feedback from advisers. The new criteria have all now gone live, after lenders completed the process of supplying the relevant information, opening...
Shield Joins IBM Cloud for Financial Services Ecosystem
- 5 years 7 months ago
- RegTech, Cloud, Compliance
Specialist RegTech provider Shield today announced it has joined the IBM Cloud for Financial Services ecosystem and intends to onboard its communication compliance and surveillance offerings to the platform. Shield will join an ecosystem of Independent Software Vendor (ISV) partners to help offer financial services customers a range of capabilities built on IBM Cloud for Financial Services.
Paymentology and Thought Machine Collaborate to Create Digital Banking Platform
- 5 years 7 months ago
- Banking
Paymentology, the UK cloud-native payment processor, is partnering with digital banking platform Thought Machine, to bring rapid integration solutions to established and challenger banks. By delivering a direct payment processing integration into Thought Machine’s Vault, the partnership will see the creation of a future banking module that removes the need for middleware.
Commerzbank Issues the Second Own Green Bond €500 Million Worth
- 5 years 7 months ago
- Banking
Commerzbank AG has today very successfully issued another Green Bond with an issuance volume of €500 million. It is the Bank’s second own Green Bond after the first issuance in October 2018. The Bank will use the proceeds to refinance renewable energy projects.
Pure Storage to Acquire the Leading Kubernetes Data Services Platform Portworx
- 5 years 7 months ago
- M&A Deals
Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced it has entered into a definitive agreement to acquire Portworx, the leading Kubernetes data services platform enterprises trust to run mission-critical applications in containers in production, for approximately $370 million in cash.
FT Survey: 78% Say UK Banks Have “Surprised Themselves” With Their Adaptability During COVID-19
- 5 years 7 months ago
- Covid-19, Banking
Appian (NASDAQ: APPN) today published survey results examining the response of the UK banking sector to the coronavirus pandemic, revealing that nearly three-quarters of respondents say their organisation has become more innovative as a result.
