All articles by : Tanya AndreasyanRSS

Sibos 2017 opening plenary: data is the new battleground

Dave McKay, RBC

Welcome to Sibos 2017 in Toronto – bringing together 8,000+ delegates from 150 countries. And this year we have a new (or the vintage new?) theme: data. Not the “big data” though (that everyone was talking about a few Sibos conferences ago), but just data.

Lloyds Banking Group in major paytech overhaul with SAP

Lloyds in paytech overhaul with SAP

UK-based Lloyds Banking Group is modernising its payments technology for corporate and institutional clients with SAP. The bank has signed for SAP’s cash management and payments platform, powered by SAP HANA.

Sutton Bank in “old fashioned innovation” with new paytech product launch

Finastra gains three US clients

Ohio-based Sutton Bank says it has “married old-fashioned wisdom with cutting-edge fintech” for US businesses and their employees. The resulting product is particularly relevant in today’s “gig economy”.

NEFCU launches Google Home banking app with Conversation.one

OK Google, ask NEFCU for my balance!

Nassau Educators Federal Credit Union (NEFCU), a 200,000-member institution in Long Island, US, has launched its Google Home Action and Google Assistant app. The solution is based on the Conversation.one platform.

Ovamba and Microsoft team for first African language driven chatbot

Ovamba

Fintech firm Ovamba says it is working with Microsoft to create “the first African language driven chatbot designed to serve the millions of African SMEs who face exclusion from financial services due to the challenges of functional and business literacy”.

O-Bank goes all-digital with Avaya’s tech

O-Bank goes all-digital

US-based tech company Avaya says it has helped O-Bank to become “Taiwan’s first, all-digital, online-only bank”.

TSB Bank awards five-year services contract to NCR

TSB 1

NCR Corporation has signed a five-year deal with UK’s TSB Bank to look after the bank’s 900+ ATMs and IDMs as well as provide service desk support for its employees across its branch network.

Lemonade platform now “open to the world” with API

Lemonade

“We’re opening up the Lemonade platform to the world!” says Shai Wininger, co-founder of Lemonade, a US-based insurtech firm.

La Caisse and Desjardins Group launch fintech and AI in finance fund

Fintech

Canada’s La Caisse de dépôt et placement du Québec and Desjardins Group have set up an investment fund dedicated solely to the fintech sector and to artificial intelligence (AI) applied to finance.

Wells Fargo launches mobile “tap and pay” functionality at 5,000 ATMs

Wells Fargo tap and pay

More than 5,000 ATMs of Wells Fargo (40% of its ATM network) now have near-field communication (NFC) enabled mobile wallet capability – i.e. the bank’s debit card customers can now “tap and pay”.

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