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Kony to launch digital banking solution leveraging Daon biometrics

kony logo

Enterprise application and mobility solutions company Kony unveiled a new digital banking platform and suite of apps.

RBS reaches Landmark for mortgage valuation risk management

rbs 2

Royal Bank of Scotland (RBS) will adopt Landmark Valuation Services’ (formerly Quest) valuation risk model (VRM) service for its mortgage valuation process for both RBS and NatWest. Using property analytics and land and environmental data, VRM helps the banks to apply an automated valuation where the risks are considered “low”. Where a physical inspection is […]

JP Morgan Chase acquires WePay

JP Morgan Chase has acquired WePay, which will function as the payments innovation incubator in Silicon Valley for the bank.

HSBC UK heads towards open banking through fintech partnership

HSBC-Logo

HSBC UK and its First Direct online banking subsidiary have partnered with fintech start-up Bud to provide customers with an integrated selection of financial services products and tools from across the market.

Sibos 2017: NPP a marathon, not a sprint

Regtech down under

Payments industry participants in countries about to embark on, or in the early days of, real-time and instant payments infrastructure projects should acknowledge that “it doesn’t all have to happen on day one”.

Rambus and Eftpos team up to support Apple Pay in Australia

Australia flag

Mobile payments firm Rambus has teamed up with Eftpos, the Australian domestic debit network, to help support transactions with Apple Pay for users in Australia. Through integration with Rambus’ token service provider (TSP) technology, the firm says Eftpos is able to support Apple Pay. Chakib Bouda, CTO of the Rambus Payments Division, says: “This partnership […]

Instant payments in Europe: a recipe for success

Isabelle Olivier, Swift

There is intense interest in instant payments (IP) throughout Europe. Domestic schemes are already live in the UK, Denmark, Poland and Sweden. The success of these schemes shows what’s possible but also teaches many lessons.

Interview: Martin Grunewald, BankservAfrica – the African payments dream

Martin Grunewald, BankservAfrica

In an exclusive interview with Daily News at Sibos, Martin Grunewald, executive head for digital infrastructure at BankservAfrica, discusses its vision for a modern payments system in Africa and why replication is a good thing. “If we don’t start, we won’t get to the finish line”. There is a lot of planning and talking now, […]

UK challenger bank Aldermore in acquisition talks with FirstRand

South Africa’s financial services group FirstRand is in takeover talks with Aldermore, a UK-based challenger bank focused on SMEs.

Meezan Bank in core banking system upgrade with NDC and Temenos

Meezan Bank

Meezan Bank, the largest Islamic Bank in Pakistan, has upgraded its core banking system, Temenos’ T24, to release 16.

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