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A consortium of seven European banks has selected IBM to build and host a new trade finance platform based on blockchain technology.European bank consortium selects IBM to build blockchain-based trade finance platform
Banking Services > Payments > News
Banking Services > Payments > News
Allianz divests stake in Oldenburgische Landesbank Allianz Deutschland has divested its entire stake in Oldenburgische Landesbank (OLB), amounting to about 90.2% of the bank.
Bank of the West opens new branch in California Bank of the West has opened a new, redesigned branch at in Walnut Creek, California at 1530 N. California Boulevard.
Payfirma introduces white label payment processing platform Payfirma has launched its white label payment processing platform, dubbed PayHQ, for financial institutions.
BBR Supplier Recommendations
Suppliers 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 See more
BBR White Paper Recommendations
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