NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has received the ATM Industry Association (ATMIA) Outstanding Service Award.

Shawbrook Bank, a leading UK specialist bank known for its tailored financial solutions, has transformed its mortgage product development process with AND Digital.

Through the partnership, Shawbrook were able to reduce the time required to switch mortgage products from 107 days to 13, through AND Digital leading a comprehensive upskilling initiative to build a high-performing team while delivering critical software enhancements.

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first Islamic bank globally to have migrated to cloud-native architecture using ZERO footprint topology and the first bank in the UAE/GCC to successfully implement Swift’s Alliance Cloud platform. This collaboration will enable ADIB to further upgrade its financial messaging capabilities and leverage advanced technology to deliver secure, efficient, and scalable services to its retail and corporate customers.

Froda, a leading provider in SME financing, has strengthened its partnership with the European Investment Fund (EIF), by securing an additional lending capacity of €100 million. This builds on an existing €50 million guarantee, bringing the total to €150 million and extending Froda’s financing reach across all 27 EU member states. The agreement marks Froda as the first company to establish an EU-wide microfinance partnership with the EIF, providing critical financing support to SMEs across Europe.

LuLu Exchange, one of GCC’s biggest names in cross-border payments, has announced a partnership with Fintech Galaxy, a leader in Open Banking and financial innovation, in Bahrain. The partnership will see LuLu Exchange leverage Fintech Galaxy’s Open Banking Solutions to make cross-border payments faster and more convenient in Bahrain.

Fintech Galaxy, a leader in Open Banking and financial innovation, is licensed by the Central Bank of Bahrain to offer Account Information Services (AIS) and Payment Initiation Services (PIS) in the Kingdom.

Avaloq, a leader in wealth management technology and services, has appointed Dr. Heiko Beck to its Group Executive Board. As Managing Director for Region Europe, Dr. Heiko Beck will oversee Avaloq’s activities in Germany, the United Kingdom, Luxembourg and the rest of Europe. In this role, Dr. Heiko Beck will drive the acceleration of the digital transformation in the region by enhancing service delivery and expanding the Avaloq community, also supporting the development of the Avaloq offering globally.

Fiserv, Inc., a leading global provider of  payments and financial services technology, today announced that the FirstRand Group, one of the largest banks in Africa with total assets of $130 billion, will become the first financial institution outside of the U.S.

Finzly, a leader in innovative payment and financial solutions, today announced that Vantage Bank will modernize and consolidate its payment processing infrastructure using Finzly's end-to-end payment hub. The implementation will enable Vantage Bank to meet evolving customer demands while strengthening its core payment capabilities through a fully ISO 20022 native platform.

Backbase, a provider of engagement banking solutions, announces a strategic partnership with Feedzai, a company providing AI-native fraud prevention solutions, aiming to support financial institutions in addressing digital fraud while maintaining operational efficiency in customer interactions.

The regulator has highlighted concerns with cryptoasset, debt solutions, and claims management company (CMC) promotions. 9,197 CMC promotions were withdrawn in 2024. Many of these promotions were related to housing disrepair and motor finance claims targeted at vulnerable consumers.