News

UBS Card Center, which processes roughly 25 percent of all credit cards in Switzerland, has won the Security Innovation of the Year award at the Retail Banker International Awards, presented in London. UBS Card Center's fraud team used the...

NYMBUS, the world’s most advanced revenue and technology solutions company, announced that MOXY bank has selected NYMBUS as the technology foundation for Washington, D.C.'s newest bank in 20 years and the DC, Maryland and Virginia region’s first financial institution...

Dominion Bancshares, Inc. , a newly-organized bank holding company, announced the closing of its previously announced acquisition of Grapeland State Bank, a Texas state bank based in Grapeland, Texas. Through the acquisition, Dominion will rebrand the bank under the name...

Banking software company Temenos has partnered with IT services provider Cognizant to support three Finnish banks – Savings Banks Group, Oma Savings Bank and POP Bank Group – in their digital transformation. The three Finnish banks have selected Temenos T24...

Regions Bank has selected IBM’s artificial intelligence (AI) technology to help improve customer service and assist bankers in everyday work. Regions Bank is using Watson in its contact centres to help both customers and employees. The company’s Banker Assist uses...

International payment systems provider Vocalink has partnered with Saudi Payments to launch real-time payments in Saudi Arabia, reports Jane Connolly Saudi Payments, a fully owned subsidiary of the Saudi Arabian Monetary Authority (SAMA), has teamed up with Mastercard company Vocalink...

Digital payments giant Visa has unveiled a new platform dubbed Visa Next to help transform the way consumers access, manage and control their money. Visa Next features a set of beta APIs, development tools and specifications for issuers and issuer...