Zopa Bank Reports First Full Year Profit
- 4 days 1 hour ago
- Digital banking
Digital bank Zopa today reports its first full year of profitability. Launched in June 2020, the milestone makes Zopa one of the fastest digital banks in the UK to turn an annual profit. Zopa Bank swung to a pre-tax profit of £15.8 million for the financial year ending 31 December 2023 from a pre-tax loss of £26 million for the year ending 31 December 2022. Total operating income for the same period to 31 December 2023 was £222 million, up 47.8... more
CFCU Leverages Pulsate’s Mobile-first, Personalized Member Engagement Solutions through the Constellation Digital Banking Platform
- 4 days 21 hours ago
- Digital banking
Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced today that CFCU Community Credit Union (CFCU) has chosen Pulsate as its premier marketing engine for its ability to meet individual members’ needs throughout all phases of life.
Flagright Partners with Nodabank to Elevate Digital Banking Security
- 1 week 2 days ago
- Digital banking
Flagright, a leading innovator in AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions, is proud to announce its latest customer, Nodabank, a cutting-edge digital bank. This collaboration aims to set a new benchmark for digital banking security, combining Flagright's advanced security technologies with Nodabank's innovative banking services.
Neobanks Continue to Outpace Legacy Bank Apps With 18M More App Users in 2023
- 1 week 3 days ago
- Digital banking
An analysis from App Radar by SplitMetrics has revealed how European and UK neo and legacy banks have performed in 2023 when compared to 2022.
Danske Bank Invests in Cloud Technology and Signs a Multiyear Agreement With AWS
- 3 weeks 4 days ago
- Digital banking
Danske Bank has signed a mult-iyear agreement with Amazon Web Services (AWS). As part of their Forward’ 28 strategy, Danske Bank are offering their customers new digital solutions, more self-service options, and easy and quick access to daily banking needs, while becoming a more efficient bank. Additional investments in digitalisation and cloud technology are one means of achieving this strategic goal.
Fimple Announces Strategic Partnership with CR2 to Enhance Digital Banking and Payments Solutions
- 1 month 2 weeks ago
- Digital banking
Fimple, a leading provider of core banking and financial solutions, is thrilled to announce a strategic partnership with CR2, a global pioneer in the digital banking and payments industry. This partnership is set to revolutionize the way banks engage with their customers, offering unparalleled digital onboarding, transaction capabilities, and customer engagement through CR2’s innovative platform.
Mastercard Open Banking Enhances the Debit and Prepaid Digital Account Opening Experience
- 1 month 3 weeks ago
- Digital banking
Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. The program improves the digital account opening process by verifying account ownership, lowering account abandonment, reducing non-sufficient fund (NSF) returns, and minimizing manual entry of payment... more
audax Financial Technology and Thought Machine Join Forces to Create Customised End-to-end Digital Banking Solutions
- 1 month 3 weeks ago
- Digital banking
audax Financial Technology, a comprehensive digital banking technology solutions provider backed by Standard Chartered, and Thought Machine, a global leader in next-generation core banking technology, have announced a strategic partnership to transform and modernise the banking technology landscape.
Alkami Releases Research to Measure Digital Maturity in Financial Institutions
- 2 months 4 days ago
- Digital banking
Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today launched the Alkami Digital Sales & Service Maturity Model, based on research conducted across 215 US financial institutions with at least $200 million in assets and completed December of 2023.
Neobank Dave Joins the American Fintech Council to Create Financial Inclusivity in Digital Banking
- 2 months 6 days ago
- Digital banking
Dave Inc., one of the nation's leading neobanks, today announced it has become the newest member of the American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks. Dave joins a diverse group of AFC members to progress fintech innovation, focusing on creating inclusive digital banking services and products for consumers not well-served by incumbent banks.
BMO Scales Digital Banking Capabilities for Customers Worldwide with Dynatrace
- 2 months 6 days ago
- Digital banking
Dynatrace, the leader in unified observability and security, today announced that BMO, North America’s eighth-largest bank by assets, is using the Dynatrace® platform to scale its digital capabilities and deliver best-in-class experiences to customers worldwide.
Ey Announces Alliance with Moneylion to Help Banks Accelerate Their Digital Transformation and Extend Financial Services
- 2 months 1 week ago
- Digital banking
The EY organization today announces an alliance between MoneyLion Inc., a leading enterprise and consumer FinTech company, and Ernst & Young LLP (EY US), to help drive innovation and growth within the banking sector.
Segura Bank International Goes Live with Temenos Core Banking in the Cloud
- 2 months 2 weeks ago
- Digital banking
Temenos today announced that Puerto Rico-headquartered Segura Bank International, Corp. (“SBI”) has gone live with Temenos core banking platform deployed in the cloud to power a new digital bank for mid to high-earners in Latin America.
Plumery Partners with Sumsub to Bring Digital Onboarding to ‘Headless’ Digital Banking Platform
- 2 months 2 weeks ago
- Digital banking
Today Plumery, a leader in mobile and digital banking technology, and Sumsub, a global full-cycle verification platform, are pleased to announce their technological partnership.
i2c Partners with The Bank of Missouri to Empower Fintechs to Rapidly Launch Digital Banking Products
- 2 months 3 weeks ago
- Digital banking
i2c Inc., a leading provider of banking and payments solutions, announces a five-year partnership with The Bank of Missouri (TBOM) a celebrated community bank renowned for its pioneering digital banking initiatives. Through this alliance, the bank provides fintech the ability to offer a full suite of digital financial products and services to consumers and businesses alike.
