Leadership teams in financial services organisations ‘do not appreciate the potential impact of technology disruption’ according to new research from connected planning specialist, Vuealta. It found this was true...
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Asset management firms must establish partnerships with technology players that are able to apply a modern platform-based approach to their sometimes overly manual processes, a senior tech exec has...
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A new survey has revealed the huge extent of the UK’s payment fraud problem. UK Finance’s annual report into the UK’s payment industry, called Fraud the Facts 2019, reveals...
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Broadridge Financial Solutions has integrated SWIFT global payments innovation (gpi) with an aim to enhance the speed, transparency and end-to-end tracking of cross-border payments for its users. The solution has...
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Cloud banking service provider nCino has announced its collaboration with UK startup Project BankNorth in a bid to develop an easier and effective process for SME lending. “Delivering an...
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Temenos has announced the expansion of its relationship with three credit unions, Maps Credit Union, Hudson Heritage Federal Credit Union and Guardian Credit Union, with regards to the addition of...
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Wolters Kluwer’s ComplianceOne Lending and CASH Suite solution has been selected by Florida-based Grow Financial Credit Union, with an aim to facilitate an easier commercial lending process and upgrade its...
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Florida-based Grow Financial Credit Union has chosen Wolters Kluwer’s ComplianceOne Lending and CASH Suite solutions to streamline its commercial lending processes and enhance compliance risk management throughout its 26...
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Corporate finance organizations are counting on digital transformation to enable them to improve customer focus and enhance the strategic value while continuing to reduce costs over the next few...
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EMVCo has said it will host a free-to-attend, open education session on EMV Secure Remote Commerce (SRC) during a half-day event co-located with ETA TRANSACT in Las Vegas. During...
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Fintech InstaReM, which specialises in digital cross-border payment solutions, has announced a partnership with First Data, a leader in commerce-enabling technology. The pair said the partnership, by combining InstaReM’s...
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A leading fintech executive has insisted that the issues with Faster Payments experienced by several banks in recent months are not indicative of shortcomings in the technology. In January,...
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Banks must learn to secure the data residing on their IT systems through network segmentation if they want to maximise security and stay accountable to regulators. This is the...
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Business risk intelligence specialist Flashpoint has introduced a new use case-driven approach to its packaged solutions that it claimed allows organisations to more effectively consume and automate threat intelligence....
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According to research from leading peer-to-peer lender Relendex, which specialises in the UK property market, just 8% (13.3m) of UK adults are aware of Innovative Finance ISAs (IF-ISA). This...
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Loyalty to financial services brands is still alive in the millennial and Gen-Z consumer segment, but it has evolved and developed from the kind of loyalty that babyboomers would...
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Alogent (@AlogentCorp), a global end-to-end enterprise payment processing, content management, and digital banking solutions provider for financial institutions, has announced MyBusiness by Alogent. A real-time mobile invoicing and payment...
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Emily Steele, president of Temenos in North America talks to us about strategy, digitisation and partnering with the banks to lock in customer loyalty. Emily Steele joined Temenos with its acquisition of Akcelerant in early 2015. Prior to taking up her present role, Steele was COO of Temeno North America where she oversaw all day-to-day business operations for several divisions and market segments, including customer management, delivery, software development, compliance, data centres and IT.
Read MoreHigh-growth fintech startup Futrli helps SMEs make smart decisions about their future, using their all-in-one accountancy forecasting and reporting platform. IBS Journal spoke to CEO and founder, Hannah Dawson, to find out more.
Read MoreFor all the jargon associated with omnichannel digital banking, the concept is quite simple. With an omnichannel framework, banks will be able to simultaneously service a customer across all channels seamlessly, while customers get to engage with all channels with an identical experience, without having to be asked for the same information continuously. More than 70% of customers typically use two or more channels, and building the capabilities to meet with this demand is what omnichannel banking is all about.
Subscribe to read moreJana Small Finance Bank is a newly established small finance bank which started operations in March 2018. The bank was in discussions with two separate suppliers for internet banking and mobile banking solutions. At that juncture, Clayfin – an India headquartered omnichannel digital banking experience solution provider – brought to the table not just the mobile and internet banking solution, but also an omnichannel solution that would offer seamless customer experience regardless of the channels that the customer used.
Read MoreSahil Anand, Director at IBS Intelligence, deep dives into the environment where there is an existence of ‘labs’ and ‘accelerators’ globally. While some are set up with the intention of turning them into investing platforms, there are an increasing number of such environments being created more with a community-build focus, either in the form of co-working spaces or even just brainstorming venues for start-ups to learn and network. Here’s a summary of Europe’s most prominent and active such environments.
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.
Read MoreBankers and vendors put their heads together at the World Islamic Banking Conference in Bahrain to discuss top issues in the industry. At the 25th WIBC held in Bahrain, top bankers and industry experts expressed their views about the evolution of technology in Islamic finance. All agreed that a customercentric approach would serve best to define the technological strategy for banks. Meanwhile, stringent regulations by various regional authorities was the most debated topic at the event.
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