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RS2 Unveils AI-Powered Orchestration Layer to Modernize Bank Legacy Systems
Global payments orchestrator and technology provider, RS2, has unveiled an AI-powered orchestration layer that provides banks with a risk-free path to modernizing legacy systems—without disrupting daily operations.
Wednesday, April 30, 2025 - 13:26
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/news/banking/rs2-unveils-ai-powered-orchestration-layer-modernize-bank-legacy-systems
Financial IT
Kommuninvest Enters Strategic Partnership With Profile Software for Core Lending System

Profile, a leading financial solutions provider, has announced today that Kommuninvest, one of Sweden’s leading financial institutions, has selected the state-of-the-art Finuevo Core banking solution to enhance and modernise its operations.

Wednesday, April 30, 2025 - 13:21
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/news/banking/kommuninvest-enters-strategic-partnership-profile-software-core-lending-system
Financial IT
FICO UK Credit Card Market Report: January/February 2025

The latest analysis of UK card payments from global analytics software leader FICO shows that spending fell in January and rose in February, as per usual seasonal patterns. However, January saw increases in missed payments across one, two and three months. In February there was evidence of consumers prioritising card payments, with decreases in cardholders missing one and two payments. An area of concern for credit managers is the persistent rise in customers missing three payments. 

Wednesday, April 30, 2025 - 13:13
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/news/credit-cards/fico-uk-credit-card-market-report-januaryfebruary-2025
Financial IT
Mobile Fraud Jumps 11% in UK as Scammers Shift Tactics

A new report from BioCatch, which prevents financial crime by recognizing patterns in human behavior, highlights an 11% increase in fraud and scams originating from mobile channels in the UK, as fraudsters pivot away from social engineering voice scams, which declined by 34%. The research pulls data from a dozen different UK banks servicing more than 110 million retail banking customers in the country.

Wednesday, April 30, 2025 - 13:08
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/news/cybersecurity/mobile-fraud-jumps-11-uk-scammers-shift-tactics
Financial IT
BPC Releases Practical White Paper Guiding Banks Through the Challenges of ISO 20022 Migration

BPC, a global leader in payment solutions, today announced the launch of its latest white paper, ISO 20022 Migration 101: Steps and Strat

Wednesday, April 30, 2025 - 13:02
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/news/banking/bpc-releases-practical-white-paper-guiding-banks-through-challenges-iso-20022-migration
Financial IT
Garanti BBVA Romania Implements Allevo FinTP-Instant for Real-Time RON Transfers

Allevo announces the successful deployment of FinTP-Instant  at Garanti BBVA Romania. The solution connects the bank to the Instant Payments service  hosted and operated by TransFonD and processes payments within scheme constraints. 

The Instant Payments service ensures money transfer in a few seconds, the maximum amount  of a payment being 10.000 RON, and 49.999,99 RON for a collection. Such a payment can be  initiated 24/7/365 between customers of Instant Payments participants. 

Wednesday, April 30, 2025 - 12:44
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/news/payments/garanti-bbva-romania-implements-allevo-fintp-instant-real-time-ron-transfers
Financial IT
British Business Bank to Invest £10 Million Alongside Haatch to Support Early-Stage Businesses Across the UK

The British Business Bank has committed £7 million to a new platform enabling it to invest alongside five of the UK’s promising and emerging angel syndicates. The platform will be managed by Haatch, an existing partner of the Bank.

Wednesday, April 30, 2025 - 12:00
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/news/investment/british-business-bank-invest-ps10-million-alongside-haatch-support-early-stage
Financial IT
Finastra Launches Transformation Service to Support Multiple Messaging Standards, Including ISO 20022

Finastra, a global provider of financial software applications, today announced the launch of its Transformation Service, supporting the translation of MT formatted messages to the new ISO 20022 MX messaging standard, among others. The Transformation Service is available to Finastra’s existing and new Financial Messaging customers looking to comply with Swift’s November 2025 deadline for the new cross-border payments and reporting plus (CBPR+) rules.

Wednesday, April 30, 2025 - 10:46
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/news/infrastructure/finastra-launches-transformation-service-support-multiple-messaging-standards
Financial IT
Backbase Launches World's First AI-Powered Banking Platform, Putting Banks Back in Growth Mode

Today, Backbase announces a major industry shift: the launch of the world’s first AI-powered Banking Platform, following the launch of its Intelligence Fabric in September 2024.

Momentum accelerates with the release of its next-generation platform, purpose-built to accelerate growth and efficiency in banking by unifying two mission-critical domains: customer servicing and digital sales.

Wednesday, April 30, 2025 - 10:41
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/news/artificial-intelligence/backbase-launches-worlds-first-ai-powered-banking-platform-putting
Financial IT
FIS Launches Next Generation of Its Enterprise Treasury and Risk Management Platform to Unlock Real-Time Cash Visibility

FIS®, a global leader in financial technology, today announced the launch of its next-generation enterprise treasury platform, Treasury and Risk Manager – Quantum Cloud Edition.

Wednesday, April 30, 2025 - 10:00
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/news/cloud/fis-launches-next-generation-its-enterprise-treasury-and-risk-management-platform-unlock
Financial IT

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