FICO and NBKI Claim Russians' Credit Performance Is Worst in Seven Years
- 11 years 1 month ago
The credit performance of Russian consumers reached a seven-year low last month, according to data from FICO, the predictive analytics and decision management software company, and the National Bureau of Credit Histories (NBKI), Russia's leading credit bureau. Continuing a three-year slide, the FICO® Credit Health Index fell in April to 94 points, two points lower than January 2015 and 21 points lower than the peak of 115 in January 2012. The...
Al Rajhi Bank Chooses Diebold's Technology To Drive Branch Automation Strategy
- 11 years 1 month ago
- Islamic Finance
Al Rajhi Bank, one of the largest Islamic banks in the world, has selected Diebold's technology to migrate transactions from the traditional teller line to the self-service channel and transform the in-branch banking experience for its customers. In Saudi Arabia, the vast majority of transactions are performed with cash. Approximately 70 percent of all banking transactions are performed inside the bank branch, which leads to long teller queues.
JLT Employee Benefits signs up to RiskFirst’s PFaroe to manage pension risk in real-time
- 11 years 1 month ago
JLT Employee Benefits – one of the UK’s leading providers of employee benefits services – has adopted RiskFirst’s real-time analytics and reporting platform, PFaroe, enabling another 400+ UK pension schemes to benefit from PFaroe’s analytics. JLT Employee Benefits will use it as a tool to add value to its advisory services, allowing it to provide defined benefit (DB) pension scheme clients with up-to-date funding valuations and real-time...
Mercer Selects Bravura Solutions’ Sonata To Modernise its Wealth Administration Business
- 11 years 1 month ago
Mercer, one of Australia’s largest providers of outsourced superannuation administration services, and a Bravura Solutions Pty Limited (Bravura) client for more than 20 years, has chosen Sonata, Bravura’s unified wealth management platform, to underpin a major transformation program in its benefits administration division.
Mobey Forum Provides ‘Snapshot of NFC Mobile Payments’ for Banks
- 11 years 1 month ago
- Payments
Latest comparison paper depicts an NFC ‘moment in time’, contrasting Apple Pay, Samsung Pay, HCE, Google Wallet and SIM-based mobile payment deployment options
Advanced Field Service Offers Top Tips For Businesses Wanting To Make M2M Technology
- 11 years 1 month ago
- Data Management
As service management organisations face greater demands to improve customer service, increase first-time fix rates and cut costs, many are evaluating evolving machine-to-machine (M2M) technologies to help them meet these challenges.
National Bank goes live with iMAL Islamic Core Banking System
- 11 years 1 month ago
- Islamic Finance
Path Solutions, the global Islamic banking software group announced that Kenya-based National Bank successfully went live on April 27th 2015 with iMAL Islamic core banking system for its Islamic window named National Amanah.
ICICI Bank introduces voice recognition for biometric authentication
- 11 years 1 month ago
- Mobile Banking
ICICI Bank, India’s largest private sector bank, announced the launch of voice recognition service which authenticates customers based on their speech patterns and allows them to execute banking transactions through the Bank’s call centre in a quick, secure and convenient manner.
Pension Customers Want Advisers To Defend Them From Themselves, Finds New Poll From Intelliflo
- 11 years 2 months ago
- FinTech StartUps
Financial advisers are regarded as having a key role to play in stopping people making costly errors when it comes to decisions about their pensions, according to a new survey by Intelliflo.
Thomson Reuters and SimCorp Enhance Dimension Users’ Access to Pricing, Reference Content
- 11 years 2 months ago
- Market and Reference Data
Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, and SimCorp – a leading provider of investment management solutions and services for the global financial industry – today announced the installation of a dedicated adapter enabling portfolio managers to access DataScope Select pricing and reference data through the SimCorp Dimension software platform.
eLong Declares Expedia's Sale of Equity Stake
- 11 years 2 months ago
- Accounting
eLong, Inc. (Nasdaq: LONG), a leading online travel company in China (the "Company" or "eLong"), today announced the sale by Expedia, Inc.
MCO Europe Increasing Finance on Crowdcube
- 11 years 2 months ago
- Data Management
McObject’s exclusive distributor for the financial markets in the UK and Europe, is raising investment through Crowdcube, the UK’s largest Crowd Funding site. www.crowdcube.com/MCOEurope to fund growth and expansion.
Elliptic and Gem partner on new enhancement to Gem’s leading multi-signature bitcoin wallet
- 11 years 2 months ago
Elliptic, the full-service bitcoin custodian for the capital markets, has partnered with developer API providerGem to further accentuate Gem’s offering of the world’s most secure multi-signature bitcoin wallets.
Swift Institute Research Indicates Benefits of Outsourcing by Mutual Funds
- 11 years 2 months ago
- Payments
The SWIFT Institute announces the availability of new research that for the first time investigates the consequences of outsourcing different types of services by mutual funds in Europe.
A Minority of the UK now rely on Banks for their International Money Transfers
- 11 years 2 months ago
- Banking
Only 40 per cent of UK consumers would still rather use their bank for international money transfer services than any other available platform, according to research from FXcompared Intelligence, the research division of FXcompared. This lack of a preference for bank-based transfers is seen across a range of currency transaction values.
