HSBC and Walmart have announced the roll-out of a sustainable supply chain finance programme that pegs a supplier’s financing rate to its sustainability performance. This global programme allows Walmart’s...
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South African financial services and credit provider, Ithala SOC Limited, has selected Intellect Design Arena’s Digital Core solution with an aim to enhance customer satisfaction, simplify operations and deliver...
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US-based payments infrastructure company Stripe has acquired a Dublin-based tech company called Touchtech Payments. It has also introduced a series of updates to its product stack for its businesses...
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Fiserv Inc. has announced that the New York-based NBT Bancorp Inc, the parent company of NBT Bank, has selected Fiserv’s Architect with an aim to deliver a customized digital...
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Sopra Banking Software, a subsidiary of Sopra Steria Group, has unveiled a software(its third digital wallet) that will facilitate banks to roll out the market’s digital wallets and assist...
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CYBAVO’s institutional wallet CYBAVO VAULT will gain the highest available levels of protection thanks to a new partnership agreement between CYBAVO and Sepior. The new agreement allows Sepior’s private...
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NatWest has announced the launch of a new biometric payment approval feature, which allows business and commercial banking customers to make payments of any size through their Bankline Mobile...
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Ameen Al Iraq Islamic Bank has selected Path Solutions’ iMAL Islamic core banking platform for its new digital bank in Iraq. Kamal Suhail Abdulla, Chief Executive Officer, Ameen Al-Iraq...
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My article last month talked about the immense value accelerators are adding to the fintech industry globally, not only in terms of capital but also in terms of infrastructure...
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Wirecard has announced an expansion of its partnership with the telecommunications provider O2 Czech Republic in a bid to provide their enhanced mPOS(mobile Point-of-sale) project to a wider group...
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Refinitiv has announced the introduction of real-time coverage for the BRVM (Bourse Régionale des Valeurs Mobilières) for equity and fixed income markets. The BRVM is the regional stock market...
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Accuity, a financial crime compliance, payments and KYC solutions provider, has announced its AI-driven account screening capability, ‘Firco Automated Alert Reduction’. The solution, as the supplier states, aims to...
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Capital Bank of Jordan (CBoJ) has partnered with BackBase, provider of omnichannel digital banking platform with an aim to digitally transform its institutional and retail banking platforms. The supplier states...
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Prudential Co-operative Credit Union, of Barbados, has become the first customer to sign up for iFinancial’s product range on Microsoft Azure. iFinancial is working together with their local partner...
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Unreliable communication platforms are undermining productivity and collaboration in the financial services sector with an overwhelming majority (76 per cent) of staff claiming their ability to share their screen or content during...
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Berlin-based fintech Raisin’s savings platform WeltSparen has partnered with Commerzbank with an aim to address the bank’s corporate clients in Germany. The partnership is expected to enable Commerzbank in...
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Avaloq launched avaloq.one, a platform that aims to foster collaboration and innovation in the financial services industry. The platform is designed to connect fintechs with Avaloq’s global financial services...
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There are fundamental changes taking place in the lending arena. IBS Journal spoke to Encore Theme Technologies managing director and CEO R K Kanthimathinathan to get some insights from one of the most dynamic new players in the market.
Read MoreA lightbulb moment in an airport business class lounge led Craig Unsworth on a path to providing loyal travellers with discounted upgrades on flights and hotels. IBS Journal spoke to Craig Unsworth, CEO of Upgrade Pack, to learn more about his journey and future plan for his company that helps airlines and hotels with a controlled distribution of unsold seats and suites using innovative tech.
Read MoreBanking is no longer the same as it was, with the emergence of Open Banking. How should banks prepare for the new world? What has historically been a closed, protected customer's account information environment that was exclusive just to the customer's bank, has now been opened up, with the obligation to provide the information to third-party providers, as a result of the new Payment Systems Directive 2 (PSD2).
Subscribe to read moreRAKBANK, also known as the National Bank of Ras Al Khaimah, is one of the oldest banks in the UAE, having been founded in 1976. RAKBANK was looking to overhaul its digital channels landscape so as to deliver a seamless experience for its customers across assisted and unassisted channels. The bank chose to implement Finacle Digital Engagement Hub, a unified digital engagement solution that would empower the bank to offer a seamless and consistent banking experience.
Read MoreThe craze for delivering everything on a platform has taken over the financial services market. Where does the trend for ‘platformification’ come from and where is it taking us? Practically no niche within the financial services sector is immune from the need to transform itself in order to present an agile, customer-centric face to the market, and thus ward off the encroaching threat of disruptive digital challengers.
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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