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Innovation & Startups

07/17/2020

Citi to provide global custody solutions to Mitsubishi UFJ Investor Services & Banking (Luxembourg)

The new business mandate, whose platform implementation and asset migration are expected to be completed in early 2022

07/17/2020

Hong Kong Open Banking initiative backed by HSBC

The developers will demonstrate their final proposals to HSBC and the banking industry at the end of the Programme in October 2020.

07/17/2020

Gaps in Canadian surveillance technology spark concerns about traders working from home

"Banks' technology is sufficient to do trading, order reception, order execution" remotely, Zoican said.

07/16/2020

US work visa suspension unlikely to impact operations, says Infosys

Infosys, which had over 2.39 lakh employees at the end of June 2020 quarter, saw 61.5 per cent of its revenues come from the North American market.

07/16/2020

OCBC Links App to National Digital Identity Platform

Managed by the Government Technology Agency (GovTech), SingPass is used by Singapore residents to access government e-services.

07/16/2020

Italian Banca Ifis enters the German market in partnership with Raisin

The partnership enables Banca Ifis to extend its banking offers across borders and into Germany, diversifying its funding streams, thanks also to the use of an already operational digital retail banking infrastructure.

07/16/2020

Temenos Announces Strong Recurring Revenue Growth up 17% in Q2, Gradual Improvement Expected in Q3 and Q4 2020

Reconfirming guidance for at least 13% recurring revenue growth, at least 7% EBIT growth and conversion of 100% of IFRS EBITDA into operating cash

07/16/2020

Temenos Scores Expanded Deal With Major Vietnam Bank

There are an estimated 20,000 people with more than $1 million in investible assets, and more than $210 billion held in ordinary cash accounts.

07/16/2020

Crown Agents Bank and Paycode pair up to better serve African unbanked

The two companies noted that they share a common mission: making payments to and from frontier markets easier, faster, more secure and cost-effective.

07/16/2020

Corporate South Africa on the best approach to software development

The challenge is that Agile and DevOps require a different way of working, with people taking responsibility for more than their isolated silo.

07/16/2020

Celent Awards Fenergo for Excellence in KYC Technology

xCelent Award recognizes Fenergo's CLM for Breadth of Functionality

07/16/2020

CIMB rolls out online solutions for new accounts, financing applications

CIMB also launched a Biz Financing Portal on July 13 for SMEs to submit their financing applications online.

07/15/2020

Vanguard to partner with Infosys to grow defined contribution business

Transitioning employees will receive the same salary, comparable benefits for a transition period of 12 months, plus meaningful incentive opportunities.

07/15/2020

Nedbank: Banking sector has supported this economy, we don't need more intervention

Some of the interventions it proposed included ensuring increased competition in the banking sector and accelerating the establishment of a State Bank.

07/15/2020

FinTechs Unite With Common Goal Of Banking-as-a-Service

As two FinTechs partnering up to service joint bank customers, NYMBUS and Payrailz are wielding the spirit of bank-FinTech collaboration to enhance FIs’ digitization initiatives.

07/15/2020

#NextGenBranch: the Next Generation of Bank Branches

The next generation of bank branches will be smarter, more efficient and more profitable, enabling banks to deliver better experiences to drive customer loyalty and sales.

07/15/2020

Lockdown exposes looming tech gaps as money management goes digital

A fifth of Britons now open accounts without any human contact

07/15/2020

BoE RTGS system and CHAPS Annual Report 2020

We publish our Annual Report for RTGS and CHAPS as an important part of our commitment to transparency and accountability.

07/15/2020

Informa Launches Tool to Design Mobile and Desktop Apps

With 'Digital Banking Hub,' Firms Select Best Features from Across the Industry to Create Their Ideal Digital Platform Model

07/15/2020

Technology Companies And Startups Will Help Every Sector Emerge Stronger From The Pandemic

Import and export patterns will shift as countries reshore production and secure supply chains.

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