Bank Leumi prepares to launch mobile-only bank
9 noiembrie 2016
Israel’s Bank Leumi says it will open a mobile-only bank to the general public later this year.
Built on an entirely new technology stack utilising Temenos T24 at the core, Pepper was rolled out to ‘friends and family’ in the second quarter. Initially soft-launched with an online lending product, the platform will expand to offer savings and P2P payments via an app dubbed Pepper Pay.Speaking at a London conference earlier this week, Leumi CEO Rakefet Russak-Aminoach says that she expects Pepper to become another Israeli global startup like Waze or Taboola.”The world is changing and the walls that protect us are crumbling,” she told the audience. „We, the traditional banks, have only one choice: We must change our shape.”
The launch of Pepper corresponds with a cost-cutting and efficiency effort at the bank, which has been shutting and merging branches across the country and recently announced an early retirement programme that will see it shed 673 employees by year end.
Source: finextra.com
Noutăți
Premium
Cifra/Declaratia zilei
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
Sondaj
