Friday, Mar 20, 2026

International Finance

Category : Banking

Banking

High bank fees fuelling opportunities for e-money innovator

International Finance Desk
by International Finance Desk
Customers dissatisfied with banks applying high charges for sending money overseas August 2, 2016: A research says that traditional banks are at risk of being buried by new, innovative e-money providers if they fail to overhaul outdated fees and charges systems. Over half of the 2,000 respondents in the survey by Neopay reported frustrations with...
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Banking

Nasdaq BWise GRC platform selected by Dubai Islamic Bank

International Finance Desk
by International Finance Desk
It will support and enhance risk management compliance and internal control processes July 29, 2016: Nasdaq BWise, a global leader in enterprise Governance, Risk Management and Compliance (GRC), announced that it has been selected by Dubai Islamic Bank, the largest Islamic bank in the United Arab Emirates, to support and further enhance their risk management,...
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Banking

FinTech Group and Rocket Internet launch strategic technology partnership – See more at: http://www.internationalfinancemagazine.com/article/FinTech-Group-and-Rocket-Internet-launch-strategic-technology-partnership.html#sthash.TBlwrdVT.dpuf

International Finance Desk
by International Finance Desk
Together they want to create digital banking services in Europe July 28, 2016: FinTech Group AG and Rocket Internet have agreed on a comprehensive technology partnership. In a first step, FinTech Group AG is developing a digital bank for Rocket Internet. Based on the banking license of its subsidiary Bank biw AG, FinTech Group AG...
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Banking

Lloyds Bank to cut 3,000 jobs

International Finance Desk
by International Finance Desk
This follows Britain’s decision to quit the European Union July 28, 2016: Lloyds Banking Group is set to cut 3,000 jobs and shut 200 branches as it prepares for a cut in interest rates following Britain’s decision to quit the European Union, it said. The bank, which is 9 per cent owned by the government,...
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Banking

Financial Town demonstrates mobile video banking feature

International Finance Desk
by International Finance Desk
CEO Gene Pranger offers inside look at BankOn Mobile Video July 22, 2016: Financial Town demonstrated the banking industry’s first overseas mobile video transmission at the 2016 World Credit Union Conference in Belfast, the capital and largest city of Northern Ireland. The broadcast, from Belfast to the United States, marks the first mobile video banking call...
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Banking

Allied Irish Bank secures cloud use for 15,000 employees with Skyhigh Networks

International Finance Desk
by International Finance Desk
Skyhigh helps bank identify 2,500 cloud services and secure its IT June 13, 2016: Skyhigh Networks, the leading Cloud Access Security Broker, announced its successful deployment at Allied Irish Bank (AIB), giving the bank even greater ability to monitor and secure cloud adoption across its IT estate. In the wake of high profile data breaches...
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Banking

‘Odeabank stays ahead by using advanced technology’

International Finance Desk
by International Finance Desk
An interview with Hüseyin Özkaya, CEO of Odeabank June 29, 2016 : Where does Odeabank stand in Turkey’s banking sector? Seizing the competitive edge through its distinctive advantages, such as effective risk management principle, strong shareholder base, experienced and committed personnel aspiring to success as well as efficient technological infrastructure, today Odeabank is ranked number 9...
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Banking

Wirecard and Verifone partner to bring payment services

International Finance Desk
by International Finance Desk
Collaboration to expand POS market in Asia Pacific June 24, 2016: Wirecard AG, a global financial and technology company and Verifone, an American MNC which provides technology for electronic payments, have entered into a strategic alliance to rapidly expand the point-of-sale market in Asia Pacific beginning with Indonesia. As the world’s fourth most populous country, Indonesia...
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Banking

Société Générale and La Banque Postale to expand their joint venture

International Finance Desk
by International Finance Desk
The two banks will merge their payment systems in a partnership with Sopra Banking Software June 22, 2016: Société Générale, a French multinational banking and financial company and La Banque Postale, a French bank, have signed a memorandum of understanding to expand the operations of their joint venture Transactis, from card transactions to European and...
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Banking

‘Banks in Ukraine have experienced increase in volume’

International Finance Desk
by International Finance Desk
Olexandr Dubilet, Chairman of the board of PrivatBank, on how the bank is coping with the turmoil in the region Suparna Goswami Bhattacharya May 17, 2016 How is the financial sector doing in the context of the current political and economic instability in Ukraine? The economic situation in Ukraine is determined by several factors. First,...
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