LendingRSS

Yorkshire Building Society automates appointments system with BookingBug

Yorkshire Building Society Group

BookingBug says Yorkshire Building Society (YBS) has become “the first truly omnichannel mortgage provider” with its new system that enables booking appointments in branch, online, mobile and call centres. UK-based BookingBug specialises in appointment scheduling and event management software. The new system has centralised data across 3,000 staff in 200 branches at YBS, and cut […]

Oracle’s new cloud-based banking solution targets default debtors

oracle fss

Oracle has launched its cloud-based Oracle Banking Collections tool – offering lenders a look at debtors’ total financial pictures and features. The firm says each year financial institutions (FIs) “waste millions of dollars attempting to solve their debt collection problem with the age-old tactic of throwing third party debt collection agents who may use decades-old […]

Infographics: the evolution of credit

Evolution of credit MBNA

This nifty infographics, courtesy of MBNA, is a whistle-stop tour of credit wonder and woe over the last 4,000 years – from ancient Babylon to modern Britain – and what people had to do to get a little credit.

Commerzbank launches peer-to-peer lending platform for SMEs, Main Funders

Commerzbank logo

Commerzbank says it’s the first major bank in Germany to develop this type of digital financing marketplace. Main Funders is aimed at SMEs. Main Funders enables clients of Commerzbank’s Mittelstandsbank (MSB) business division (which caters for SMEs) to present concrete investment projects to potential investors and secure financing. The financing volumes are between €200,000 and […]

Puan Sacco Society issues banking tech RFP

Narok, Kenya

A savings and credit co-operative society (Sacco) in Kenya, Puan Sacco Society, has issued an RFP for new banking solutions. The Sacco is looking for core banking, SMS banking and mobile lending software, and a payroll management system. Provision of point-to-point connectivity services and office internet services, plus hardware maintenance are also included in the […]

State Bank of India merges with associate banks

The State Bank of India (SBI) consolidates to create a major heavyweight on the domestic and global scene

India’s government has given the green light to the State Bank of India (SBI) to merge with its five associate banks. SBI is already among the largest an India and a sizeable international player, with the total assets of $400 billion and a network of 16,500+ branches (including over 190 international locations across 36 countries). […]

ING deploys ThetaRay’s analytics solution for fraud detection in SME lending

Beate Zwijnenberg, ING

Israel-based specialist vendor ThetaRay has implemented its Advanced Analytics Solution at ING Netherlands for fraud detection. The vendor says that combining its tech with ING’s standing risk engine will enable the bank to detect new instances of SME lending fraud hidden within massive amounts of transactional and organisational data – in real-time and with industry-low false […]

Point of view: how UK banks can deliver better service to customers

Banks and fintechs are better together

The banks know they need to do better for their millions of UK customers, but the pressing question is how? One answer is to form partnerships with some of the fintech companies that are now gathering momentum as powerful players in the market. Can these potential competitors be the banks new best friends? Jurgen Hutter, […]

Top fintech stories this week – 3 June 2016

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! ECB goes to tender for new treasury management system After many years it’s time for a change. Microsoft unveils blockchain-based identity system Inspired by the United Nations’ ID2020 Summit on Identity. Student Loans Company puts IT contract with […]

Nucleus Software launches mobile lending solution in Australia

Ravi Pratap Singh, Nucleus Software

Nucleus Software has released its mobile loan self-sourcing solution – mApply – for the Australian market. The firm says mApply helps banks digitise their loan origination lifecycle. Customers and mortgage brokers can view pre-approved loan offers from a bank, select the best offer and submit a paperless loan application “within minutes” and “without any need […]

@banking
techno