Indian online investment advisory firm Capital Quotient has partnered with IDFC Bank to launch a digital payroll-based program for the workforce employed in the small and medium sized enterprises...
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UK-based Ebury, a financial services company has announced a strategic partnership with Spanish based bank, Unicaja Banco. The agreement will enable Unicaja to offer international payments and cash management...
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Financial technology company, FNZ, has acquired UK-based wealth management platform provider JHC Systems in a bid to combine the two UK-based broking platforms as well as their respective customer...
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Australian challenger bank 86 400 is officially Australia’s newest bank, that has been granted a full Authorized Deposit-taking Institution (ADI) license by the Australian Prudential Regulation Authority (APRA). It...
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BME Inntech, a subsidiary of the BME Group, has announced of the development of Banco Mediolanum’s online trading platform which allows for trading in the national and international Equity...
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London based fintech Refinitiv which is a provider of financial markets data and infrastructure has recently announced that it has entered in a strategic partnership with Switzerland based Appway,...
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N26 has announced a $170 million extension of its Series D funding round to $470 million, which will raise the company’s valuation to $3.5 billion. The announcement follows after...
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San Francisco based Tora which is a provider of trading technology and financial services to address trading challenges that are unique to Asia has today announced its partnership with...
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The Monetary Authority of Singapore (MAS) and the Central Bank of Kenya (CBK) have collaborated on a FinTech Cooperation Agreement in a bid to support digital infrastructure development in...
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German SaaS banking solutions provider, Mambu, has signed its first Brazilian client Acesso, thereby marking its entry in the Brazilian market. The new fintech will utilize Mambu’s offerings to...
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Temenos has completed the acquisition of London-based Logical Glue Ltd., a provider of the Explainable AI (XAI) platform. The acquisition aims to combine Logical Glue’s and Temenos‘ capabilities for...
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FinTech player Innoviti has sued digital retail payments company Pine Labs for infringing on its patent for technology enabling Unified Payments Interface (UPI) at point of sale terminals. The...
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US-based nCino has announced that it has acquired Visible Equity, financial analytics and compliance software company based in Salt Lake City, Utah. This strategic acquisition will help nCino to...
Read More Union Bank of Philippines has announced that it has adopted Refinitiv’s Electronic Trading (ET) solution in a bid to propel its business in the Philippines as well as enhance...
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California-based B2B payments platform Finix, has recently announced a $17.5 million Series A funding round led by Bain Capital Ventures, with participation from Insight Venture Partners, Aspect Ventures and...
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San Jose-based global RPA firm Automation Anywhere has expanded its operations into the Middle East market even as digital transformation continues to gain traction in the region backed by...
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Kuwait Finance House (KFH) has launched Mobile Deposit of Cheques in collaboration with an IT solutions provider, ProgressSoft Corporation. The supplier states that the solution is expected to enable...
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Blue Prism’s Linda Dotts on the strategic direction of the company Blue Prism, the veteran RPA solution specialist recently acquired SaaS-based RPA solution provider, Thoughtonomy. IBS Intelligence caught up with Linda Dotts, global strategy lead for partners and programs at Blue Prism to talk about the acquisition and the strategic direction of the company.
Read MoreRPA software company AutomationEdge exists in a fast-paced world where financial institutions are seeking to improve customer experiences and business efficiency. IBS Journal talks to CEO, Uday Birajdar, about the company’s plans.
Read MoreRobotic process automation (RPA) – the nirvana for banks struggling with process efficiency in a maze of complex legacy systems. Almost every bank or financial institution of reasonable standing is planning to or has already implemented RPA solutions in some shape or form within its organisation. Many have realised significant synergies from deploying an RPA solution with cost savings post-deployment reported to be as high as 60%.
Subscribe to read moreBML Istisharat completes Core Banking overhaul for Bank Simpanan Nasional Malaysia Bank Simpanan Nasional (BSN) offers conventional as well as Islamic banking products. The bank offers deposits, debit credit cards, loans, alternative banking channels and other banking services. It also provides financial planning, asset wealth management and financing solutions including micro finance products. BSN serves more than 14 million customer accounts, and operates 392 branches and 4,700 agents (EBB) in Malaysia and is headquartered in Kuala Lumpur, Malaysia. BSN was officially established in 1974 with its roots dating back to the late 19th century, when the first savings bank service opened in Perak and Selangor.
Read MoreThe Internet of Things (IoT), propelled by the boom in mobility and internet access around the world, has opened a whole set of new possibilities, but also comes with questions for the financial services industry that need to be answered. First, what is IoT? In essence, it is a term that denotes an interconnected world. Where devices, with embedded technology, know and identify each other, exchange data and react to them appropriately.
Subscribe to read moreThis section is a monthly snapshot of activity in the banking technology system space. This is useful for anyone who wants to track banking system sales on a regular basis. The Who’s Bought What provides all the key details of the deal such as the bank that bought the system, the type of system, the supplier and the system name, and the country of sale.
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