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Mastercard launches safer payments guide for children

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Child & Youth Finance International (CYFI) and Mastercard have released a guide on banking and payment products for minors. The “Safer Payment Products for Minors” guide offers recommended practices on how financial service providers (FSPs) can develop age-appropriate payment products for minors; promoting responsible spending and financial decision-making. Walt Macnee, vice-chairman Mastercard, says: “Today’s minors […]

Fiserv makes some noise in Illinois with core banking tech revamp

Interested in blockchain

Iroquois Federal Savings & Loan Association, a $580 million entity in the US state of Illinois, is modernising its front-to-back office technology with Fiserv.

Valley National Bank takes commercial lending to the cloud

The Clearing House and VocaLink plan to bring real time payments to the US

Valley National Bank, a $23 billion financial institution in New Jersey, is implementing nCino’s Bank Operating System for commercial lending.

CASS plays Casanova to CMA’s current account commitments

Is there fintech life outside London? Yes, there is. And it is vibrant!

The UK’s Current Account Switch Service (CASS) says it meets one of the commitments set out in response to the Competition and Markets Authority’s (CMA) final report into retail banking. As Banking Technology reported in January, the CMA accepted undertakings from the Bacs payment scheme, which owns and manages CASS, that commit it to delivering […]

HSBC gets swift on Tradeshift capital financing platform

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HSBC and business commerce firm Tradeshift have partnered to offer a supply chain and working capital management platform – usable from any device. The platform will let buyers automate and digitise “paper-heavy” processes from all their suppliers and organise financing in one place. This “game-changing” (sounds familiar) solution will combine electronic ordering and invoices, document […]

GarantiBank International live with Five Degrees’ Matrix system

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GarantiBank International (GBI) has gone live with Five Degrees’ Matrix solution for retail savings and deposits in the Netherlands.

Rothschild Bank revamps client advisory with Finantix tech

Rothschild Bank goes digital

Finantix, a specialist provider of sales and advisory software to financial institutions, is implementing its digital suite at Rothschild Bank.

RBC’s video MyAdvisor makes banking clients wiser

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Royal Bank of Canada (RBC) has launched a live video service to let its clients connect in real time with its advisors. Called MyAdvisor, it uses an online advice platform to digitally connect a client to an advisor, where both can view and adjust a dashboard showing the client’s savings and investment goals and establish […]

HSBC and First Direct to get VocaLink Pay by Bank app

Pay by Bank app 2

VocaLink’s Pay by Bank mobile payment app will soon be available to customers of HSBC and its subsidiary, First Direct. Pay by Bank app, created by VocaLink’s payment innovation team Zapp, enables people to make “digital debit” payments for goods and services via their banking app, with payment made directly from a current account. HSBC […]

Fiserv brings the max to PyraMax tech overhaul

Fiserv's Precision core banking system gains new taker

Wisconsin-based mutual savings bank PyraMax has chosen Fiserv to modernise its retail banking operations. The bank will move to the DNA account processing platform and add integrated mobile, online and branch banking solutions, including palm-vein biometric authentication. The software will be supplied on an outsourced basis, from a Fiserv data centre. Richard Hurd, CEO and president, […]

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