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5113 results out of 5376 posts
  • LCH signs CBA as first PPS bank Down Under

    Clearing house LCH has announced Commonwealth Bank of Australia (CBA) as its first Australian Protected Payments System (PPS) bank. The PPS system is the method by which LCH calls and pays cash margin to its clearing members, who are required …
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  • HCE Service unveils new mobile payments platform

    HCE Service has launched a new card emulation and payments platform, SWIM, with the aim of increasing customer security and authentication capabilities. The new system, says HCE, has dropped the implementation costs of HCE cloud payments while keeping open standards. …
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  • Kyriba Corp startup secures m in funding

    FinTech startup Kyriba Corp has raised $23 million during a Series D round of funding led by Bpifinance. Other investors in the California-based firm were HSBC and Daher Capital. Kyriba says that it plans to use the funds to support innovation …
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  • Singapore ahead of regulation-trapped London, ACCA

    Singapore’s FinTech sector is going to move from strength to strength as its global rivals are saddled with heavier regulation, according to a new report from the association of Chartered Certified Accounts (ACCA). The report cites “regulatory issues” in the …
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  • Banking technology week in review

    IBS Journal brings you the week’s most popular banking technology stories. Warning: If you’re not into Sibos 2016 and blockchain, avert your eyes now… Sibos 2016: Regulation key to the future of finance Sibos 2016: Instant payments “the new normal” …
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  • Deutsche Bank looks to be in digital driving seat

    Deutsche Bank has opened a Digital Factory in Frankfurt, where around 400 software developers, IT specialists and financial experts will work together to develop digital products, with FinTechs also in the mix. The FI, which has similar tech centres in …
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  • IBM lines up Promontory acquisition

    IBM is to buy US headquartered risk management and regulatory compliance consulting firm Promontory Financial Group. Terms of the deal, set to close in late 2016, have not been disclosed. IBM says that it will be launching new Watson (its …
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  • First National Bank opts for Fiserv upgrade

    First National Bank of Pennsylvania has upgraded to the latest version of Fiserv’s Mobiliti Advantage mobile banking and payments platform. The US bank has also become the first Mobiliti client to integrate card control capabilities into its mobile app. “In …
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  • Calastone boosts China-Hong Kong market link

    Calastone has established direct connectivity with Shenzhen Securities Communications Co. (SSCC), a fully-owned subsidiary of the Shenzhen Stock Exchange. It becomes the first financial technology firm that can offer direct SSCC connectivity to financial institutions in Hong Kong participating in …
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  • Commerzbank to cut 9,600 jobs by 2020

    Commerzbank, Germany’s second-largest lender, is set to cut as many as 9,600 jobs over the next four years. The bank has said that by the end of 2020 it is hoping to “sustainably” increase its profitability, and that it will create …
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  • D+H and Rabobank in blockchain payments breakthrough

    D+H and Rabobank have announced the execution of a DLT proof of concept showing that the former’s payments services hub, together with Coin Sciences’ multichain blockchain solution, is able to execute cross-border payments in near real-time for the FI. Rababank …
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  • Monzo arrives on Android

    UK digital only challenger bank Monzo has launched version 1 of its Android app, to sit alongside its iPhone offering, which it rolled out last year. The new entrant recently received news from the Bank of England that it had …
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  • CGI to utilise Ripple’s blockchain Validator Node

    CGI has become the first firm to implement the Ripple Validator Node, helping to put blockchain tech into production. Ripple validators are servers used by the Ripple network to confirm transfers, while the Validator Node will provide banking clients with …
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The Future of Digital Banking

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