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UK challenger banks: who’s who (and what’s their tech)
UK challenger banks: who is who With so many new entrants trying to muscle into the UK banking sector, Banking Technology has put together a comprehensive list of the known challengers to date and the...
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New core banking system go-live finally in sight for Aktia Bank
Finland-based Aktia Bank says its new core banking platform – Temenos’ T24 – “will be implemented step-by-step during the last quarter of 2016”. The project has been underway since 2013. T24 will...
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Start-up Clinc unveils Finie, AI personal assistant for mobile banking apps
Finie is “significantly more sophisticated than Siri, Alexa or Cortana”, claims developer Clinc Fintech start-up Clinc says it has created “the world’s first” open source platform for building...
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Backbase promises 60 seconds customer onboarding with new solution
Gone in 60 seconds – Backbase at FinovateFall 2016 Digital banking software specialist Backbase has launched a new customer onboarding solution, which promises a complete “streamlined, omnichannel...
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UnifyID launches “holistic implicit authentication” platform, the first of...
Just be yourself and UnifyID will do the rest UnifyID, a California-based fintech start-up, has brought to market its flagship identity and authentication platform. The platform has been a year and a...
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Lombard Risk launches cloud-based collateral management system, AgileCollateral
New CEO Alastair Brown shakes up Lombard Risk UK-based specialist vendor Lombard Risk has launched a cloud-based collateral management platform, underpinned by its long-standing development in this...
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Klarna and Arcadia launch “buy now pay later” initiative for UK
Fashionistas can now get in debt quicker Payments specialist Klarna and fashion retailer Arcadia Group have launched a new e-commerce retail financing offering to the UK market. The “buy now pay later”...
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Facebook Messenger v1.2 enables native payments in chat bots
David Marcus, Facebook Messenger: the bots platform will live up to its promise Facebook has announced its Messenger bots can now accept payments natively, without redirecting users to external sites....
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GFT and Fidor join forces for mobile banking app development
Fidor and O2 to collaborate on banking app development Following a joint project with O2 to create Germany’s first mobile-only, full-service bank account, GFT Technologies and Fidor have entered a...
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Argentina’s CSD Caja de Valores joins Swift’s network
Caja de Valores, Argentina’s central securities depository (CSD), is now fully operational directly on the Swift network. All its international transactions are now executed via Swift. The move...
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Swedbank overhauls commercial lending tech with Misys’ Loan IQ
Swedbank in commercial lending tech revamp with Misys Misys says Swedbank will use the vendor’s flagship commercial lending system, FusionBanking Loan IQ, as “its full-service agency administration and...
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CIBC completes phase one of transaction banking tech revamp
Bingo! CIBC excels at marketing jargon Intellect iGTB, the global transaction banking software business of Intellect Design Arena, has implemented its products at CIBC. The project is part of a...
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Desert Schools FCU tech modernisation on track
Desert Schools FU revamps digital banking channels with Alkami’s ORB Desert Schools Federal Credit Union is modernising its digital channels with specialist vendor Alkami Technology. Alkami’s flagship...
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Top fintech stories this week – 16 September 2016
It has arrived Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Facebook Messenger v1.2 enables native payments in chat bots This time it’s neither “overhyped”...
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Bank of England to overhaul RTGS service, issues consultation paper
The Bank of England to overhaul its 20-year old RTGS service The Bank of England (BoE) has published a consultation paper on the next generation real-time gross settlement (RTGS) service. “Our...
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East West Bancorp deploys cloud-based risk solutions from SS&C
East West Bancorp is implementing SS&C’s integrated risk and finance solution, Evolv, to manage reserving under current US GAAP and new CECL accounting standards. The solution is delivered in the...
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Online lender AvantCredit now fully authorised by UK regulator, FCA
Technology lending platform AvantCredit now fully authorised by FCA The full authorisation by Financial Conduct Authority (FCA) covers all of AvantCredit’s credit and lending operations and includes...
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Synechron launches cloud-based blockchain accelerator programme
Faisal Husain, CEO of Synechron Financial services IT consultancy Synechron has launched six blockchain applications in the cloud, enabling financial institutions “to be up-and-running on a blockchain...
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New cash and liquidity management system at Bank Mendes Gans
A Dutch international cash management services specialist, Bank Mendes Gans (BMG), is implementing a new cash and liquidity management system, SmartStream’s Corona. It will go live in Q4 2016, managing...
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New banking platform for MFIs in Nepal
Nepalese MFIs invest in a new shared core banking platform 34 microfinance entities in Nepal have joined forces to set up a fintech company – Nepal Finsoft – to build and maintain a shared core banking...
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