FranceRSS

Put a SocGen in it for Euronext’s new fund investment model

Société Générale

Societe Generale Securities Services (SGSS) is contributing to a new model, Euronext Fund Service, to help investments in funds for domestic and international investors. Launched by Euronext and available from 15 May 2017, this new service will enable institutional and retail investors to place subscription/redemption orders, in a “simplified and automated manner”, through their brokers […]

Al Khaliji France moves to new core banking system, Temenos’ T24

Al Khaliji

Al Khaliji France, a Paris-based subsidiary of Qatar’s Al Khaliji Bank, has gone live with a new core banking platform, Temenos’ T24, at its branches in the UAE.

The feeling’s Crédit Mutuel for IBM Watson

IBM Watson

Following a pilot, IBM says its Watson cognitive technology will be extended to Crédit Mutuel’s 20,000 employees and 5,000 branches in France to help with the bank’s operations. This marks the “first commercial use” of Watson by a financial institution in France to assist its staff. The bank’s customer advisors have been using Watson services […]

Orange peels open mobile-only bank

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French telecoms firm Orange has launched its mobile-only bank as it looks to tap into its current customer base. As Banking Technology reported in January 2016, Orange outlined its plans for a new bank. While in April 2016, it made a significant stride in its mobile banking ambitions by acquiring a majority stake in financial […]

BNP Paribas to buy 95% stake in French digital bank Compte-Nickel

France's Guillot: regulators must take action to protect markets

BNP Paribas is buying a 95% stake in Financière des Paiements Électroniques (FPE), which provides the digital-only bank Compte-Nickel. BNP Paribas wants to tap into Compte-Nickel’s growth – citing its 540,000 accounts opened over the past three years and that a new account is being opened in France every 30 seconds. Compte-Nickel also offers real-time […]

Singapore and France boost fintech ties

France and Singapore Flags

The Monetary Authority of Singapore (MAS) has signed agreements with France’s Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) to enhance fintech co-operation between both countries. ACPR is responsible for supervising the banking and insurance sectors in France, while AMF is an independent public authority responsible for ensuring […]

Rakuten Europe Bank opens for business with Temenos front-to-back office tech

Rakuten banking comes to Europe

Luxembourg-based Rakuten Europe Bank, a subsidiary of Japan’s e-commerce and internet company, Rakuten, has gone live with Temenos’ T24 core banking system and Temenos Connect for digital channels.

Banque de France to modernise payments tech with Sopra Banking Software

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Banque de France’s banking services department has embarked on a major technology overhaul programme. It will work with a domestic software provider on this project, Sopra Banking Software, which is part of the Sopra Steria group.

Apple Pay launches in France

Applepay-logo

Apple Pay is now available in France – with Visa debit and credit cardholders from Banque Populaire et Caisse d’Epargne (BPCE group) getting immediate access. Apple Pay can be used to touch and pay wherever Visa contactless payment is accepted. Visa says France already has over 400,000 merchant locations live with contactless payment today (19 […]

Central banks of Spain and France late with Calypso tech project

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Banque de France and Banco de España are running late with their implementation of a new treasury and capital markets (TCM) system, Banking Technology understands. The two banks jointly opted for a new solution in 2013/14. It is understood that Calypso was chosen to replace a host of legacy technology, including Wallstreet Suite from Wall […]

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