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Backbase Opens Global Development Center To Accelerate Digital Transformation For Banks - Opening Of A New Backbase Development Center In Krakow, Poland, Provides Financial Institutions Instant Innovation Power By Having Access To Top Engineering Talent At Scale.

Date 15/12/2020

Backbase, the Engagement Banking platform provider, today announced the opening of its new Global Development Center (BDC) in Krakow, Poland. The new BDC will enable Backbase to deliver end-to-end services for mobile and web development on the Backbase Engagement Banking Platform, allowing banks and financial institutions globally to successfully accelerate their digital transformation on Backbase’s Engagement Banking platform.

AnaCap Signs Third Acquisition In The UK Wealth Management Platform Space With Novia Financial

Date 15/12/2020

AnaCap Financial Partners (“AnaCap”), a leading financial services specialist mid-market private equity investor, today announces it has signed a deal for a third acquisition in the UK wealth management platform space with the purchase of Novia Financial (“Novia”).

Moscow Exchange: Risk Parameters Change For The Security RU000A0JV8D0

Date 15/12/2020

As per the Securities market risk parameters methodology, on 15.12.2020, 11-25 (MSK) the upper bound of the price band (up to 110) and initial margins (up to 16.25 %) for the security RU000A0JV8D0 were changed. New values are available here

Path Solutions Wins Most Innovative Analytics Deployment At Al Baraka Bank Sudan For 2020

Date 15/12/2020

Path Solutions, the Islamic banking software company, today announced that it is a winner of the 2020 IBSI Global FinTech Innovation Awards for ‘Most Innovative Analytics Deployment’ of iMAL*BI at Al Baraka Bank Sudan, a subsidiary of the strategic Bahraini multinational banking corporation Al Baraka Banking Group.

Nordic Unmanned Lists On Euronext Growth

Date 15/12/2020

The drone company Nordic Unmanned has today been admitted to trading on Euronext Growth (ticker code: NUMND).

Alpian Selects Temenos SaaS To Launch Pioneering New Digital Bank And Take Swiss Private Banking Experience To The Mass Affluent

Date 15/12/2020

• Alpian will offer digital private banking and wealth management services, combined with human expertise, to tap into CHF 660bn private banking opportunity
• With Temenos SaaS, the new Swiss digital bank will achieve rapid time-to-market and a hyper-efficient cost model to deliver scalable, personalized private banking via an easy-to-access app
• Temenos is the de facto technology provider for digital banks across the globe that want to innovate rapidly

Moscow Exchange: Risk Parameters Change For The Security RU000A0JVNB2

Date 15/12/2020

As per the Securities market risk parameters methodology, on 15.12.2020, 10-30 (MSK) the upper bound of the price band (up to 89.88) and initial margins (up to 22.5 %) for the security RU000A0JVNB2 were changed. New values are available here

Press Conference By ASO Taro, Japan Deputy Prime Minister, Minister Of Finance, And Minister Of State For Financial Services, November 20, 2020, Bank Mergers

Date 15/12/2020

(Excerpt)

(Friday, November 20, 2020, 10:48 am to 11:04 am)

[Questions and answers:]

Q.

There have been news reports that SBI will be investing in Jimoto Holdings based in Sendai and Yamagata. While I am very aware that such decisions are up to the financial institutions involved, I would like to ask your views on this as far as you can comment, and I would be grateful if you could also give us your assessment of recent moves by regional banks to seek out loose alliances such as the collaborative use of systems instead of merging with or acquiring other banks.

IMF Executive Board Concludes First Review Under Jordan’s Extended Fund Facility Arrangement And Rephases Access To Address The Impact Of COVID-19

Date 15/12/2020

• The IMF Executive Board supports Jordan’s efforts to save lives and livelihoods in the wake of the COVID-19 shock, and has enhanced the IMF-supported program’s flexibility to accommodate COVID-related and social protection spending.
• The authorities remain committed to the medium-term objectives of their economic program: preserving macroeconomic stability, creating job-rich and inclusive growth, and rebuilding policy buffers, including through gradual and growth-friendly fiscal consolidation.
• The IMF encourages donors to step up their support, preferably in the form of grants, to help Jordan cope with the impact of the pandemic on the Jordanian people and some 1.3 million Syrian refugees.

Press Conference By ASO Taro, Japan Deputy Prime Minister, Minister Of Finance, And Minister Of State For Financial Services, November 24, 2020, Regional Banks

Date 15/12/2020

(Excerpt)

(Tuesday, November 24, 2020, ８:49 am to 8:55 am)

[Questions and answers:]

Q.

The Act on Special Provisions of the Antimonopoly Act is scheduled to go into effect on the 27th and will apply to regional banks and other firms; could you let us hear your thoughts on the intent of these provisions and their anticipated effects?