Commercial bankingRSS

Commercial banks join the retail revolution: three reasons to consider transformation

Rina Pandalai, SapientRazorfish

Long-term growth will require the commercial banking industry to embrace digital transformation in a way that benefits the institutions’ stakeholder base and satisfies the needs of its end-user clients. And here are three reasons why a commercial bank should consider transformation.

White paper: value of commercial cards for banks and their clients

Fradeom

This free white paper provides a structured framework for measuring performance of commercial card programmes across multiple industry sectors, suggests a range of norms for card penetration and usage, and describes the key data points for measurement. It also describes the actions that card issuers could take to maximise value from the programmes they have running: retaining business that is already fruitful, and nurturing business which could be more abundantly fruitful.

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.

Salem Five Bank in major tech overhaul with Fiserv

Salem Five Bank revamps tech with Fiserv

Salem Five, a $4.2 billion mutual bank in Massachusetts, is embarking on a major technology overhaul with Fiserv’s core, digital banking, payments, and commercial solutions.

Citi’s institutional clients in APAC can now ditch their physical login tokens

Citi

Citi’s institutional e-banking platform, CitiDirect BE, will now use MobilePASS which lets corporate users replace their physical login tokens with their personal mobile devices for authentication.

Become a banking “curator” says ANZ

ANZ-logo

The future of commercial banking may well lie in being “curators”, according to Australia and New Zealand-based banking group, ANZ. In an interview with the Australian Financial Review, Mark Hand, managing director, corporate and commercial banking at ANZ says commercial bankers will “morph into ‘curators’ for their business clients by linking customers with reputable, external […]

Seven European banks join forces for blockchain platform for SMEs

Major banks team up for blockchain platform for SME commerce

Seven European banks – Deutsche Bank, HSBC, Natixis, KBC, Rabobank, Société Générale and UniCredit – have agreed in principle to develop a blockchain-based shared platform for domestic and international commerce for SMEs.

People’s Bank of Zanzibar to overhaul core banking tech with ICS Banks

People's Bank of Zanzibar in core banking tech overhaul with ICSFS

People’s Bank of Zanzibar (PBZ), a state-owned bank in Tanzania, has concluded its core banking system selection. The bank has signed a deal with ICS Financial Systems (ICSFS) to implement the vendor’s ICS Banks platform.

Wyelands Bank in ownership, brand and core banking software overhaul

Wyelands Bank

Wyelands Bank (formerly Tungsten Bank) is relaunching in 2017 with a new core banking system.

Fiserv acquires cash management software vendor Online Banking Solutions

Fiserv acquires Online Banking Solutions

Online Banking Solutions (OBS), an Atlanta-based provider of cash management software, is being taken over by banking tech giant Fiserv.

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