The customers of Lloyds, Halifax and Bank of Scotland have been affected by an online and mobile banking glitch that is preventing access to accounts or telling users they don’t have an account with the bank. The banks say their phone lines are back to normal, but online and mobile banking are facing “intermittent issues”. […]
Panin Dubai Syariah, an Islamic bank in Indonesia, has selected ICS Banks core banking platform from ICS Financial Systems (ICSFS) to replace its legacy tech.
The money rolls for all you fintech souls. Our latest funding round-up features TransferWise, Lendified and Glint. Let’s begin with a big one. TransferWise has got $280 million in a Series E round led by asset management company Old Mutual Global Investors and Silicon Valley VC firm IVP. A source speaking to TechCrunch and “close to […]
Conversational AI innovator Clinc has partnered with Isbank, the largest private bank in Turkey, which will deploy Clinc’s technology within its two mobile banking apps.
IBM is looking to use its clout in the private cloud market to make it easier for more customers to create hybrid and multi-cloud cloud deployments with a new software platform called Cloud Private.
National Australia Bank (NAB) will make 6,000 job cuts over the next three years with its digital banking revamp and long-term strategy to maintain profit. Andrew Thorburn, NAB’s CEO, says: “I think all big businesses – particularly incumbent businesses – the reshaping of the workforce is going to be significant. And I think it’s important […]
French telecoms firm Orange has launched its delayed mobile-only bank as it looks to tap into its current customer base. As Banking Technology reported in January 2016, Orange outlined its plans for a new bank. While in April 2016, it made a significant stride in its mobile banking ambitions by acquiring a majority stake in […]
Visa has unveiled its European debut of Visa Direct, its real-time payments platform that allows for person-to-person (P2P), business-to-consumer (B2C) and business-to-business (B2B) payments.
MRI Software, a real estate software solutions provider, has formed a partnership with KeyBank to provide clients access to its AvidXchange powered payment automation solution, KeyTotal Pay.
UK-based regtech vendor Lombard Risk Management is supplying its regulatory reporting platform, AgileReporter, to OneSavings Bank.
Iberiabank has selected nCino’s cloud-based Bank Operating System to process services across several lines of business, including commercial and SME lending and treasury management.
UK-based MarketInvoice has expanded into the business lending space, complementing its suite of invoice finance solutions. The firm says it has rebranded itself into “a business finance company”.
AsiaKredit, a Southeast Asia digital consumer lender, has unveiled pera247 in the Philippines – its data-driven consumer lending platform mobile app.
Burnley Savings and Loans, a lending company based in Burnley, UK, is awaiting a banking licence from the UK regulator for its Bank on Dave challenger bank.
Advisory tools tech company BondIT landed $14 million in funding from China-based Fosun Group.
Mauritius-based Warwyck Private Bank has signed a deal with Swiss banking software tech vendor ERI to implement its Olympic core banking system.
POPin Video Banking Collaboration is merging with BankOn Mobile Video by Financial Town to create “the first interactive mobile video banking solution” for credit unions, banks and other financial service providers in the US.
Three of Australia’s largest banks, The Commonwealth Bank (CBA), National Australia Bank (NAB) and Westpac have partnered to create Beem – a new mobile peer-to-peer (P2P) payments platform.
The European Banking Federation (EFB) has released survey stats that show that European banks last year invested more than €18 billion in software.
Enterprise software firm R3 and 22 of its member banks have developed a solution that leverages distributed ledger technology (DLT) to enable “fast, efficient and cost-effective” cross-border payments.
Microsoft is the fastest-growing of the four big US cloud service providers, with revenue up 90% year-over-year in the third quarter, writes Enterprise Cloud News (Banking Technology‘s sister publication).
We are happy to announce the 2017 Banking Technology Awards shortlisted candidates!
Clydesdale and Yorkshire Banks (CYBG), through its digital banking service B, is launching new technology in November 2017 to enable customers to pay in cheques using its mobile banking app, B.
Farmers Commercial Bank (FCB) in Sudan is upgrading its core banking system, Temenos’ T24. The bank enlisted National Data Consultants (NDC), a Pakistan-based implementation partner of Temenos, to help with the project.
Polish fintech group ZenCard, alongside three other companies, is set to launch its technologies on the Finnish market after winning the OP Smart Commerce programme led by OP Financial Group.
National Bank of Pakistan (NBP) has picked a core banking system and vendor for its operations in Afghanistan – Autosoft Dynamics and its flagship Autobanker offering.
Here’s a second extract from Trading Down, by Stephen Norman, which continues the drama in the Hamilton Datacentre.
ING Belgium has opened doors to its first “client house” branch, which the bank describes as “a place where retail, business and private banking customers can walk in and enjoy a good coffee and receive personal service”.
Myanmar-based Yoma Bank has implemented a new treasury and capital management (TCM) system, Fusioncapital Opics, supplied by Finastra (formerly Misys).
Google wants to become an enterprise cloud provider, so why not team up with the company that rules enterprise-networking market share?
Someday, the consistent growth in sales for Amazon Web Services (AWS) and Microsoft Azure will have to stop, writes Enterprise Cloud News (Banking Technology’s sister publication). “Someday” isn’t today.
Cognitive analytics company Personetics has launched Personetics Act to offer banks a way to help customers repay their student loans ahead of schedule.
$43.7 billion for Amazon, $27.7 billion for Google and $24.5 billion for Microsoft. And it hasn’t even hit the Christmas sales period yet.
Artificial intelligence (AI)-generated marketing campaign company Persado has unveiled a new product, along with a fresh $30 million credit facility to fuel further expansion.
Brazilian fintech Nubank will soon be offering digital banking accounts in addition to its credit card business. The move will provide access to billpay, account-to-account transfers, and the ability to earn more in interest than is available with a regular savings account.
Westpac New Zealand has completed “a wide-ranging banking technology transformation” with ACI Worldwide, according to the vendor.
New York to roll out a contactless fares system across its public transport network, based on the system developed by Transport for London (TfL).
US-based Regions Bank has gone live with the SEI Wealth Platform, following an 18-month transition of its private wealth, asset management and institutional services businesses to the new platform.
Just when you thought there couldn’t be more; the latest stories from the fintech funding world returns for another round. Features Constellation, Credit Sesame and Jirnexu.
CULedger, a US-based credit union consortium formed by the Credit Union National Association (CUNA) and the Mountain West Credit Union Association (MWCUA), has selected Swirlds’ hashgraph technology as a key component of its permissioned, distributed, shared ledger platform for credit unions.
