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Top fintech stories this week – 26 May 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

UnionBank launches New EON, the first “selfie” banking in the Philippines

Making banking delightful

UnionBank of the Philippines (UnionBank) has launched the New EON, a new digital banking platform (a revamped version of the original EON, launched at the start of the millennium). The mobile biometric authentication tech is provided by Daon.

IDFC Bank launches “breakthrough” biometric payment app, IDFC Aadhaar Pay

IDFC Bank automates revenue management  with Suntec

India-based IDFC Bank has launched an e-payment app, IDFC Aadhaar Pay, developed in association with the Unique Identification Authority of India (UIDAI) and the National Payments Corporation of India (NPCI).

Emirates NBD steps up digital banking game with Cockpit Application launch

Emirates NBD digitises branches

Emirates NBD has launched Cockpit Application, an intelligent new CRM solution for branches. The bank has also introduced biometric digital signatures and straight-through processing (STP) of digital forms.

HSBC to capitalise on tech innovation with technology advisory board

Andy Maguire, HSBC

HSBC has appointed a technology advisory board of top-level specialists from around the globe as the banking giant is keen to capitalise on opportunities in artificial intelligence (AI), biometrics, blockchain and data science, combat cybercrime and leverage its global infrastructure.

BNP Paribas Wealth Management goes for digital client experience and “pizza” teams

The Big Factory – where ideas are incubated

BNP Paribas Wealth Management has unveiled its new Client Experience venture co-created with customers and fintech firms. The initiative focuses on digital solutions as the bank is keen to “create a new wealth management experience”.

NatWest trials BioCatch behavioural biometrics tech

Biometrics for NatWest

UK-based high street bank NatWest (part of the RBS group) has trialled the BioCatch behavioural biometrics technology for business customers and is planning to pilot the solution for retail clients next year.

European Association for Biometrics conference: exciting times ahead

European Association for Biometrics: eyeing excitement

European Association for Biometrics (EAB) has recently conducted a one-day seminar in London on what’s hot in the world of European banking biometrics. The seminar was supported by Banking Technology and hosted by Citi. It gathered a good haul of UK banks, including Lloyds, Santander, Virgin Money, Tesco Bank, Metro Bank and RBS and TSB.

Ujjivan converts into small finance bank; picks FSS for “payments in a box”

India Flag

India-based microfinance entity Ujjivan Financial Services is converting into a small finance bank (SFB), and has signed for Financial Software and Systems’ (FSS) end-to-end payments solution.

Sibos 2016 & innovation: crossing the next frontier

Day4 Technology

There has been a huge amount of hype at this year’s Sibos about financial technology and its role in financial services. Devie Mohan* looks at the technologies that will help financial institutions cross the next frontier of innovation. The world of financial technology has seen a clear and significant shift in the past year – […]

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