23 October 2017
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Company announcements

 
Cards

Monzo sets new foreign ATM fees following community consultation

17 October 2017  |  1764 views  |  0 comments

Last month we announced that we needed to explore charging for withdrawing cash from international ATMs, to help cover the fees that until now we’ve been paying.

 
Blockchain

Standard Chartered to be first custodian bank to join EquiChain’s user group

17 October 2017  |  2821 views  |  0 comments

Standard Chartered Bank announced today the signing of a partnership agreement with EquiChain, a London-based fintech company, to be the first custodian to join EquiChain’s user group for its blockchain prototype.

 
Retail banking

Accenture hires Andre Israel to lead core banking consulting service

17 October 2017  |  2258 views  |  0 comments | 2 tweets | 2 linkedin

Accenture (NYSE: ACN) has hired Andre Israel as managing director and head of the company’s core banking consulting services for its financial services practice, effective immediately.

 
Retail banking

Mitek acquires Spanish ID verification outfit ICAR

17 October 2017  |  1710 views  |  0 comments

MITK, www.miteksystems.com), a global leader in mobile capture and digital identity verification software solutions, today announced that it has acquired ICAR, a leading provider of consumer identity verification solutions in Spain and Latin America, for an aggregate purchase price of up to €12.75 million (~US$15.0 million) paid in a combination of cash and shares of Mitek common stock.

 
Retail banking

Bian updates banking framework model

17 October 2017  |  1333 views  |  0 comments

BIAN, the member organization enabling collaboration between banks, tech entities and academics, is today launching its latest release of its service landscape.

 
Payments

Kotak Mahindra Bank and Zeta introduce Paymint, a digital wallet for employee benefits

17 October 2017  |  1712 views  |  0 comments

Kotak Mahindra Bank (“Kotak”) and Zeta, a fintech pioneer, today announced the launch of Paymint – a comprehensive digital platform to manage multiple employee benefits.

 
Mobile & online

Standard Chartered releases digital wealth management tool

17 October 2017  |  1755 views  |  0 comments

In a first for the retail banking industry in Asia, Standard Chartered launched a digital wealth management tool that customises investment ideas in minutes.

 
Transaction banking

BMB Investment Bank, Bahrain selects TCS BaNCS for treasury operations

17 October 2017  |  2033 views  |  0 comments

Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions organization, announced that its customer, BMB Investment Bank - Bahrain, as part of its strategy to successfully transform its business reach to a higher network of clients & corporates, has selected TCS BaNCS for Treasury to drive outstanding innovation, customer experience and to streamline and enhance its operations with maximized Straight-through processing (STP).

 
Cards

US trade bodies lobby Visa on dynamic currency conversion at the ATM

17 October 2017  |  1610 views  |  0 comments | 1 tweets

The National ATM Council, Inc.(NAC), on behalf of the U.S. ATM industry, has launched a petition drive requesting that VISA authorize Dynamic Currency Conversion (DCC) at ATMs in the United States.

 
Start ups

Markel exports fintech insurance policy to Singapore

17 October 2017  |  2132 views  |  0 comments

Markel International, the specialist insurer, has unveiled a fintech policy offering comprehensive protection for businesses in the financial technology sector in Asia, having successfully launched it in the UK early last year.

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