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Deutsche Bank posts EUR1.9bn loss for fourth quarter of 2016
German banking giant Deutsche Bank has reported a net loss of €1.9bn ($2.05bn) for the fourth quarter of 2016, as it struggles with an increase in litigation charges and lower revenues.
Banking Services > Retail Banking > News
SouthWest Bank selects Banc Intranets to streamline communications for employees
Banc Intranets announced that SouthWest Bank selected its BancWorks employee intranet to make information more accessible and streamline communications for its employees.
Banking Services > Retail Banking > News
SoFi acquires mobile banking services firm Zenbanx
SoFi announced that it has acquired Zenbanx, a Delaware-based fintech firm providing multi-currency mobile banking services in the United States and Canada.
Banking Services > Retail Banking > News
Barclaycard partners with VocaLink for mobile payments
Barclaycard is partnering with VocaLink to enable its merchants to accept mobile payments through Pay by Bank app.
Banking Services > Payments > News
Canada’s Equitable Bank selects Wolters Kluwer to automate IFRS 9 regulatory requirements
Wolters Kluwer has announced that Canadian-based Equitable Bank has selected the company’s OneSumX Finance, Risk and Reporting solution.
Banking Services > Retail Banking > News
Emirates NBD rolls out digital bank for millennials
Emirates NBD has announced the launch of Liv., the UAE’s first digital bank targeted at millennials.
Banking Services > Retail Banking > News
Citi to pull out of US mortgage servicing operations by 2018
Citigroup has entered into agreements to speed up the transformation of the US mortgage business by exiting servicing operations by the end of 2018.
Banking Services > Retail Banking > News
Wipro partners with Tradeshift for source-to-pay processes
Wipro has announced a strategic partnership with Tradeshift to offer cloud-based Source-to-Pay (S2P) Business Process as a Service (BPaaS) solution.
Banking Services > Payments > News
Ingenico to acquire Indian e-payments services provider TechProcess
Ingenico Group announced it has reached an agreement in principle to acquire 100% of Indian electronic payments services provider TechProcess Payment Services (TechProcess).
Banking Services > Payments > News
Fidor, EPAM partner to offer digital banking solutions
Fidor has signed a partnership agreement with EPAM Systems to provide innovative global digital banking solutions.
Banking Services > Retail Banking > News

BBR Supplier Recommendations

Advent Software - Investment Management Applications
Procorre - Professional Banking Consultancy
Procorre is a professional services consultancy that operates within a number of businesses, including the banking sector. Procorre consultants develop and implement financial service strategies, based on their expertise within the industry, as well as analysis of current financial trends.... Suppliers
SunTec - Relationship-Based Pricing and Centralised Billing Solutions
SunTec is a leading provider of Relationship-based Pricing and Centralised Billing solutions for Banking, Financial Services & Insurance (BFSI), convergent transaction pricing and billing solutions for Communication, Media & Entertainment (CME), advanced meter-data management and billing solutions for Utilities, personalised pricing and centralised billing solutions for Logistics and Transport industries.... Banking Services > Commercial Banking > Suppliers
SEEBURGER - Solutions for Financial Services & Insurance Companies
SEEBURGER offer a comprehensive Business Integration Suite that functions as a central platform and data hub for all business processes with external business partners. This solution supports all communication channels with business partners, including EDI, paper, fax or the Web. ... Suppliers
QlikTech - Business Intelligence
QlikTech (NASDAQ: QLIK) is a leader in Business Discovery -- user-driven Business Intelligence (BI). QlikTech's powerful, accessible Business Discovery solution bridges the gap between traditional business intelligence solutions and standalone office productivity applications. Its QlikView Business Discovery platform enables intuitive user-driven analysis that can be implemented in days or weeks rather than months, years, or not at all. ... Suppliers
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BBR White Paper Recommendations

Revenue Leakage – Opportunity Calling! By Suntec
Revenue Leakage has been a universal phenomenon, gnawing up the profit margins of transaction-based industries, especially across their business support systems. Though the Banking industry people are particularly quick in acknowledging the glaring prevalence of revenue leakage, they are not able to pinpoint its source or quantity, or chart methodologies to ensure Revenue Assurance.... Banking Services > Commercial Banking > White Papers Customer Profitability Vs. Customer Satisfaction: Keep Guessing or Model your Pricing Strategies By Suntec
Most financial institutions do not have a clear understanding of what or who drives their profitability. They make assumptions or guesswork, and most of the time, try and fix their profitability metrics into the 80/20 rule or something similar — the majority of profits (80%) come from a minority (20%) of customers, products or business segments. Is profitability as simple as this? While there is no denying the 80/20 rule, how does an organization find this 20%? ... Banking Services > Commercial Banking > White Papers Banks - Reward Your Customers Incrementally, Based on Their Profitability By Suntec
Financial Institutions (FI) are on the verge of a strategic make-over. The market conditions imply an increased need to generate revenues and customer profitability, to ensure sustainability and future business success. In order to achieve these objectives, the FIs need to devise strategies that leverage customer relationships in a way that has never been done before. ... Banking Services > Commercial Banking > White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
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