Temenos, the world’s leading open platform for composable banking, today announced that North International Bank (NIBank) has gone live with Temenos to digitally transform its retail banking and private wealth business lines. The Temenos Banking Cloud supports daily transactions, wealth management and lending.

Al-Ataa Islamic Bank for Investment and Finance has selected ICS BANKS Islamic Platform, a worldwide digital Shari’a compliant software solution, from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.

Callsign, the digital identity pioneer, has released a report quantifying for the first time the value of digital trust to society and the economy. The research reveals the potential to build growth during the current global economic slowdown with a five percentage point increase in digital trust resulting in an average increase in GDP per capita of US$3,000.

Though remote work and the hybrid working model have proven beneficial for employee well-being, inclusion and productivity, there have also been pitfalls – most notably on the security front. “Threat actors never stopped looking for new ways to exploit the vulnerabilities that came from this rapid shift to remote work and are still doing so now that hybrid work is becoming the norm,” says Marilyn Moodley, Country Leader for South Africa and WECA (West, East, Central Africa) at SoftwareONE.

AML RightSource (“AMLRS”), the leading provider of Anti-Money Laundering (“AML”), Know Your Customer (“KYC”), and Bank Secrecy Act (“BSA”) compliance solutions, has added a new capability to its QuantaVerse Financial Crime Platform.

Trustfolio Ltd, the ‘debt-tech’ collective behind the Debt Adviser Support Portal and other digital tools for creditors and third parties designed to ‘enable better debt solutions’, has partnered with Equifax to launch a new feature powered by Open Banking. 

Aliaswire, a provider of bill payment and credit solutions for businesses and banks, today announced a new research white paper highlighting results gained by leading banks using its DirectBiller payment platform.

Digital challengers Starling and Monzo have been ranked the top personal and business, current account providers, in the UK.

BankiFi, a leading provider of embedded banking solutions for small and medium businesses (SMB), has secured $4.8 million for global expansion into North America. This strategic growth investment gives BankiFi the capital to provide its industry-leading embedded banking platform to more than two million SMBs across four continents by 2024.

Tikkie, the ABN Amro payment app that recorded over eight million users this summer, now also supports bill splitting and group expenses.