Erste Bank has selected Finantix technology for multi-country use as part of its core banking renewal strategy, in order to implement common customer facing processes, in several languages, currencies and countries. Erste Bank has undergone rapid growth in eastern Europe in the past few years by acquiring some 10 banks in countries such as Slovakia, Czech Republic, Serbia, Hungary, Ukraine, Romania and Croatia. While its member banks now have opportunities in expanding markets, in some cases they also face euro transition challenges, hence the requirement for a software solution. Finantix’s technology aims to provide local banks with the ability to tailor their banking processes to specific market requirements. With the new technology, Erste Bank should be able to handle both the immediate euro accession requirements and ongoing, market-driven demands.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more