Three steps to effectively automating accounts payable
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Banking Technology – Page 14
Banking technology news and analysis from TechAnnouncer. We track how banks and challengers adopt digital banking, open banking, payments infrastructure, core-system modernisation and AI, from product launches and partnerships to regulation and funding. Follow the companies, deals and developments reshaping how the world banks.
289 stories
Health Insurance & Protection 2019/20 Report: Movers, Shakers & Opportunity Creators
Click on the image to read the full report What does the next year – and now we are into 2020, the…
Ask the expert: how can I convince a retailer’s CFO and their finance team to work with us?
In this fortnightly column, Ask The Expert, we aim to provide readers with practical advice on how to grow their businesses. Greg Watts is our…
Islamic banking app Niyah launches in UK
Niyah, a challenger banking app, has launched in the UK for the Muslim community. It says it’s “the first fintech Islamic banking…
DBS launches QR-code based b2b payments
Singapore’s DBS bank has launched a new cashless payment solution to help business owners who still largely deal in cash and cheques…
Canada’s RBC files patents for AI inventions as bigtechs soar
The Royal Bank of Canada (RBC) is trying to put its commercial stamp on several of artificial intelligence (AI) inventions in what…
Greece’s major banks cancel 15,000 cards after travel website breach
Greece’s four main banks – Alpha Bank, Piraeus Bank, Eurobank and the National Bank of Greece – were forced to cancel 15,000…
Kristal.AI raises $6m in Series A for algo-powered wealth management
Singapore-based wealth management start-up Kristal.AI has raised $6 million in a Series A funding round. Kristal.AI claims to use algorithms to predict…
Tonik digital bank selects Finastra Fusion Essence
Philippines-based digital bank Tonik has selected Finastra and its Fusion Essence platform to support its core banking operations. Tonik is the first…
Al-paca it in: Monzo co-founder leaves to farm Alpacas
Monzo’s co-founder and deputy CEO Paul Rippon has announced his departure from the UK challenger to focus on his new business which…
Tencent brings third player UnionPay to China’s mobile payments arena
Tencent, the Chinese technology conglomerate and parent company of WeChat, has teamed up with Chinese state-owned UnionPay to use the same QR…
New challenges due to Open Banking and the benefits of instant payments
It seems that APIs are conquering the world of finance. In the past, it was mainly IT professionals who talked about APIs,…
Belgian banks team up to launch shared ATM network
Four major banks in Belgium have joined forces to create an integrated network of neutral ATMs and have offered an open invitation…
FCA stirs up competition for banks’ easy access saver accounts
The Financial Conduct Authority (FCA) has ruled that UK banks must offer one interest rate for all easy access savings accounts in…
The Philippines set for first digital-only bank as Tonik gets green light
Tonik Financial has been given the green light by the Central Bank of the Philippines to launch the country’s first digital bank.…
Ziraat Participation Bank in Sudan selects Path Solutions’ iMAL
Sudan-based Ziraat Participation Bank has selected Path Solutions and its iMAL Islamic core banking system. A new deal for Path in Sudan…
UK SMEs chasing £50bn in late payments, fintech opportunity ripe
UK small and medium-sized enterprises (SMEs) are reportedly chasing a combined £50 billion in late payments, City AM reports. In research by…
China drafts rules to tackle risky half a trillion financial leasing sector
China has drafted rules designed to curb financial risk in the country’s financial leasing sector which currently rests on four trillion yuan…
Covered Bond Bank migrates international branches to Avaloq Banking Suite
Three international branches of Covered Bond Bank (CBB) – New York, Singapore, Shanghai – have completed a transition to the Avaloq Banking…
Nets acquires Finnish firms Poplatek and Poplapay
Nordic payments service provider Nets has completed its acquisition of Finnish software developer Poplatek and its spin-off form Poplapay. Nets acting acquisitive…