TWINT, the Swiss payment app, surpassed the milestone of 6 million users in the middle of the year. This means that TWINT is being used more frequently than ever before and is making an important contribution to Switzerland’s digital sovereignty.
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MeridianLink, Inc., a leading provider of lending software platforms for financial institutions, and Jack Henry (Nasdaq: JKHY) today announced an expansion of their existing relationship to accelerate innovation, deliver best-in-class consumer experiences, and drive successful consumer outcomes for community banks and credit unions throughout the account opening and lending customer lifecycle.
Narmi, a digital banking technology developer, and Grasshopper Bank, a client-first, full-service digital bank, have launched a first-of-its-kind Model Context Protocol (MCP) server that will allow Grasshopper's Business Banking clients to access personalized financial analysis and insights through Claude, Anthropic's advanced artificial intelligence (AI) assistant. While Claude is the first integration, this groundbreaking infrastructure sets the stage for seamless connectivity with other leading Large Language Models (LLMs) in the future.
Wise, the global technology company building the best way to move and manage the world’s money, announced that it has become the first global fintech fully integrated with both InstaPay and PESONet. This breakthrough solidifies Wise as a major player in the Philippine remittance market, now processing 12% of all inward personal remittances and transforming how Filipino families manage high-value transactions like tuition fees.
Erica, the most widely adopted AI-driven virtual financial assistant, is a central gateway to serving clients – assisting nearly 50 million users since launch, surpassing 3 billion client interactions, and now averaging more than 58 million interactions per month. Launched in 2018, Erica is deepening relationships with clients and driving greater efficiencies throughout Bank of America.
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Highlights:
Moneybox, the award-winning wealth management platform, has today released its 2024 Annual Report, unveiling a blockbuster set of results that further cement its position as one of the UK’s fastest-growing wealth management platforms. As of December 2024, Moneybox was supporting more than 1.3 million customers, and has seen accelerating growth and profitability in recent years as it continues to help people build wealth with confidence.
Cognizant today announced a five-year strategic engagement with Temenos, a global banking technology leader, to develop and market Temenos Country Model Bank in Australia. Temenos Country Model Bank is an extension of its core banking platform designed to accelerate go-live for financial institutions by providing pre-configured, regionalized banking functionality that reduces cost and risk.
Northern Trust today announced the continuation of its comprehensive asset servicing relationship with Morningstar Investment Management, supporting nine multi-managed registered mutual funds with approximately $5 billion in assets under management.
Algbra Labs, a leading UK-based Fintech-as-a-Service (FaaS) provider, has announced a strategic partnership with Moka United, the fintech subsidiary of İşbank - Türkiye’s largest private bank. The collaboration supports the UK launch of RUUT, a next-generation digital banking brand developed by Moka United as part of İşbank’s global fintech strategy.