Temenos Looks To Replace Old Legacy Banking Systems
#Temenos is entering the U.S. market for core #banking #systems and has its first success with Missouri’s Commerce Bank.
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Will Apple’s Face ID Be a Boon for Video Banking?
EXCLUSIVE – Apple introduced the iPhone X yesterday, and as pundits predicted, it does away with Touch ID in favor of #Face ID, a biometric authentication system based on the user’s face. The accuracy of Face ID is supposed to reduce false positives to 1 in a million (though the demo failed on stage yesterday) […]
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Malauzai Software: 2017 Slow Growth Rate for Mobile Banking Apps
A recent report by #Malauzai #Software showed that new app #growth #rate among #banks and credit unions has slowed down by 8% this year. This #slow down is an indication that the market is saturated, according to the report. Nevertheless, this year had the highest number of #mobile #banking #apps. The survey, which was conducted […]
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Temenos Looks To Replace Old Legacy Banking Systems
#Temenos is entering the U.S. market for core #banking #systems and has its first success with Missouri’s Commerce Bank.
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Mobile Banking Usage Keeps Growing As Branch Visits Decline
It is no secret that #Mobile #Banking is increasing becoming a popular way of banking for many users. Its convenience and efficiency has made it an important way of banking. In fact, in a report published by RaddonSM, a subsidiary of Fiserv, shows that mobile banking #usage has grown from 7% of all consumers in […]
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Adyen is Not Interested in a U.S. Banking License…For Now
#Fintech company #Adyen won’t be going to the OCC (Office of the Comptroller of the Currency) for a U.S. #banking charter anytime soon, even though the payments company procured a pan-European banking license less than two months ago. “We’re happy working with our banking partners in the U.S. markets,” Luke Salinas, senior vice president of strategy, told […]
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Making Core Banking Strategic [SPONSORED]
By Chae An, CTO, IBM Global Financial Services Sector Ask anyone who’s spent more than a decade in the #banking and financial services industry and they’ll tell you that one of the most common misconceptions about their field is that it is stagnant, old school, and passed over by the incredible innovations happening all around […]
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Consumer Mobile Banking Apps Continue to Grow, but Smaller FIs Need to Step up
The number of #consumer #mobile #banking #apps available is continuing to #grow, but #smaller #banks are getting left out of the race. That is according to the July Monkey Insights report, released today by Malauzai Software. Consumer mobile apps grew about 6%, in keeping with last year’s growth, according to the report. This slower growth […]
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More People Use Banking Apps Than Photo Apps on Mobile
Turns out, #banking #apps are higher up in consumers’ smartphones #than #photo or video apps. A study by Forrester Research, released this week, indicates that 32% of U.S. adults (18 and over) use banking apps via their smartphones weekly. The same number of respondents indicated using shopping apps weekly, while 30% and 23% said they […]
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With Its Newest Banking License, Klarna Now Eyes P2P Payments Space
#Klarna, Swedish #payments firm, is looking into the person to person payments #space, as the company secured a #banking #license earlier today, Bank Innovation has learned. Klarna has been granted a full banking license by the Swedish Financial Supervisory Authority, according to a company announcement. The move instantly turned Klarna into one of “Europe’s largest […]
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