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Consumer Delinquencies Fall Significantly in Second Quarter
Friday, 09 October 2015

WASHINGTON – Delinquencies in closed-end loans fell significantly in the second quarter, driven by a substantial drop in home equity loan delinquencies and continued financial discipline by consumers, according to results from the American Bankers Association’s (ABA) Consumer Credit Delinquency Bulletin. Delinquencies fell in seven of the 11 individual loan categories.

Kony enables Credit Union to deliver a fully customised mobile banking application
Wednesday, 07 October 2015
Kony, Inc., the leading enterprise mobility company, today announced it has helped ORNL Federal Credit Union (ORNL FCU) establish a competitive advantage by delivering unique mobile app experiences to its members.
Marginal uptick in mortgages credit extension
Wednesday, 07 October 2015

The National Credit Regulator (NCR) today released the Consumer Credit Market Report (CCMR) and the Credit Bureau Monitor (CBM), which are based on data submitted to the NCR by registered credit providers and credit bureaus respectively. The latest edition of the reports covers credit market information up to June 2015. Nomsa Motshegare, CEO of the NCR, states that the total value of new credit granted increased from R107.54 billion for the quarter ended March 2015 to R112.31 billion for the quarter ended June 2015, this was a quarter-on-quarter increase of 4.44%.

New Banking Tech Gets Mobile Apps Up And Running Within 100 Days
Wednesday, 07 October 2015

Kony, Inc., the leading enterprise mobility company, today announced the new Kony Mobile Retail Banking Quick Start, a managed services solution that enables midsized banks and credit unions to rapidly implement a new, fully-functional and personalised mobile app for their customers and members within 100 days.

Aptean Strengthens CRM Suite With Acquisition of CoreTrac
Thursday, 01 October 2015

ATLANTA, Oct. 01, 2015 (GLOBE NEWSWIRE) -- Aptean announced today the acquisition of CoreTrac, Inc., a leading provider of integrated customer relationship management ("CRM") and automated sales tracking solutions designed specifically for banks and credit unions in the United States. CoreTrac's CRM solution is used nationally by banks and credit unions of all sizes to elevate sales and services performance, while also enhancing growth within the communities they serve.

The National Consumer Tribunal cancels the registration of Mayibuye Cash Loans
Tuesday, 22 September 2015

On 18 September 2015, the National Consumer Tribunal (NCT) cancelled the registration of credit provider, Mayibuye Cash Loans CC NCRCP 388 (Mayibuye) which operated in Barberton, Mpumalanga. This followed a lengthy investigation by the National Credit Regulator (NCR) into the activities of Mayibuye which revealed contraventions of the National Credit Act (NCA).

Tieto moves ICS into the finance cloud
Thursday, 10 September 2015

Tieto has signed a new agreement with International Card Services (ICS), the largest credit card issuing business in the Netherlands, to deliver an end-to-end industry-specific cloud-based IT solution. The new, private cloud solution is developed with focus on the financial industry, meeting the high security and regulatory demands of businesses.

Contis paves the way across Europe in contactless technology for prepaid debit cards
Tuesday, 08 September 2015

Contis, the fast-moving European alternative banking and payments group is  launching across its entire UK and European client base, the delivery of Visa contactless prepaid and  debit cards.

ABA Foundation Introduces New Campaign to Promote Safe Banking for Seniors
Tuesday, 08 September 2015

WASHINGTON — The American Bankers Association (ABA) Foundation today announced a new campaign – Safe Banking for Seniors – to provide America’s seniors and their caregivers with tools to prevent financial fraud.

Digital goods, hotspots & cloud: Computop gains global player as new customer
Tuesday, 08 September 2015

Bamberg, 08 September 2015 – Deutsche Telekom, one of the world's leading integrated telecommunication companies, is looking to Computop Paygate to provide a secure payment platform. Securing its position as an international payment service provider for premium brands and companies, the international payment service provider (PSP), Computop Paygate will be processing credit card transactions for digital goods and services, product downloads and cloud services across the group. In addition to this, there will also be in-flight hotspots for journeys all around the world on various airlines including Lufthansa, American Airlines and British Airways. Furthermore, Computop will be processing payments for public hotspot access in hotels and fast food restaurants as well as second class carriages of Deutsche Bahn rail services in Germany.

Shopkick Blows Past 15 Million Users, Doubles in One Year
Thursday, 03 September 2015

Shopkick, the shopping companion app that makes in-store shopping more rewarding, personal and enjoyable, has blown past 15 million users worldwide, doubling its user base in one year. Shopkick’s passionate users also spent almost two hours per month in the shopkick app during July 2015 according to Nielsen data. This made shopkick number one in engagement among top-tier shopping apps*, far exceeding time spent on Amazon and other large retailers’ apps, which together averaged a half-hour of engagement per user that month.

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