Sparebanken Norge and Tietoevry Banking Form Strategic Partnership to Drive Innovation in Norwegian Banking
- 20 hours 57 min ago
- Banking
Tietoevry Banking has entered a strategic partnership with Sparebanken Norge to deliver next-generation banking technology, aimed at strengthening the bank’s competitiveness in an increasingly digital market. The agreement also grants Sparebanken Norge access to deep digital banking expertise, further cementing its position as a leading force in financial innovation in Norway.
ClearBank Reports First Group Results, with Increased Underlying Profits at UK Bank
- 23 hours 37 min ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking, today released its financial results for the year ended 31 December 2024 and 2024 Annual Report. These show the business has made progress on its growth strategy, positioning itself for long-term international expansion as it establishes its Group structure. The UK business posted annual pre-tax profits for the second year running, with strong growth in fee-based income, deposits... more
Yavrio Connects with Five Largest U.S. Banks and Introduces Advanced Embedded Payments
- 3 days 14 hours ago
- Banking
Open Banking fintech, Yavrio, has announced it is now connected to corporate accounts at Wells Fargo, J.P. Morgan, Citi Bank, Bank of America and U.S Bank, the five largest banks in the US, as it expands internationally.
ECB’s Intraday Liquidity Framework Brings Clarity, but Execution Remains a Challenge for Banks
- 3 days 15 hours ago
- Banking
Banks are facing mounting challenges in implementing the European Central Bank’s (EBC’s) new intraday liquidity guidelines, according to industry feedback gathered by Planixs, the leader in real-time liquidity management solutions.
Topicus Unveils Akkuro: The Next-Generation Composable Banking Platform That Sets a New Benchmark for the Financial Industry
- 3 days 15 hours ago
- Banking
In a bold move reshaping the future of finance, Topicus proudly announces the launch of Akkuro, a cutting-edge composable banking platform set to revolutionize how financial institutions innovate, scale, and serve their customers.
SmartStream and Finastra Form Strategic Partnership to Meet Growing Demands for Collateral Management
- 4 days 22 hours ago
- Banking
SmartStream announces that it has partnered with Finastra, another global provider of financial services software applications, to extend collateral management workflows across Treasury and Capital Markets, with special focus on MEA and APAC regions. This collaboration offers a robust and cost-effective path for financial institutions to navigate workflows and regulations with SmartStream’s comprehensive collateral management solution, with the... more
ClearBank Expands Banking Services for Kraken’s UK Operations
- 4 days 22 hours ago
- Banking
ClearBank, an enabler of real-time clearing and embedded banking, today announced a new regional partnership with Kraken, one of the world’s longest-standing, most liquid and most secure digital asset platforms. The extended partnership sees ClearBank provide Kraken’s UK based clients with GBP clearing services enabling seamless on and off ramps into the digital exchange ecosystem.
New RS2 Whitepaper Reveals How Legacy Systems Are Stifling Bank Innovation
- 5 days 20 hours ago
- Banking
A new whitepaper by global payments processor and technology provider, RS2, has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems.
Grasshopper Bancorp, Inc. Announces Completion Of Grasshopper Bank’s Merger With Auto Club Trust, FSB
- 6 days 14 hours ago
- Banking
Grasshopper Bancorp, Inc. today announced the completion of its previously announced merger of its wholly owned subsidiary, Grasshopper Bank, N.A. (“Grasshopper Bank”), with Auto Club Trust, FSB (“Auto Club Trust”) in a cash and stock transaction.
The Prudential Regulation Authority Proposes Raising FSCS Deposit Protection Limit To £110,000
- 6 days 22 hours ago
- Banking
The Prudential Regulation Authority (PRA) has today proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000. The deposit protection limit – which represents the maximum amount of money the FSCS typically protects should a depositor’s bank, building society or credit union become insolvent – has been set at £85,000 since 2017.
Y-12 Federal Credit Union Upgrades Fleet, Enhances Self-Service Banking With NCR Atleos
- 1 week 14 hours ago
- Banking
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Oak Ridge, Tenn.-based Y-12 Federal Credit Union (Y-12 FCU) is revolutionizing member service with advanced technology through its relationship with Atleos.
Border Bank Chooses Jack Henry For Technology Modernization
- 1 week 14 hours ago
- Banking
Jack Henry™ announced today that Border Bank selected Jack Henry to upgrade its technology infrastructure. The decision was made to prepare the bank for growth and future needs, including improved customer experience and operational efficiencies.
FV Bank Announces Launch Of SWIFT Services To Enhance Global Payment Capabilities
- 1 week 3 days ago
- Banking
FV Bank, the U.S. licensed digital bank offering a vertically integrated suite of traditional and digital asset banking and custody services, today announced its successful launch of its SWIFT code: ITTLPRS2XXX. This strategic milestone is significant for FV Bank clients as it expands inbound wire options alongside stablecoin-based payment rails.
Fana Sparebank Enters Five-Year Partnership With Tietoevry Banking
- 1 week 3 days ago
- Banking
Tietoevry Banking has entered into a strategic five-year agreement with Fana Sparebank to deliver a comprehensive suite of banking solutions. The partnership includes core banking systems, card and payment services, and advanced financial crime prevention tools. The new agreement, effective from April 1st, 2025, will also significantly enhance the bank’s mobile and self-service offerings – including self-service loan management.
iFAST Global Bank Transforms UK Banking With First-In-Market Multi-Currency Current Account Offering High Interest And Cashback
- 1 week 3 days ago
- Banking
iFAST Global Bank is breaking new ground in UK banking with the launch of its first-of-its-kind Multi-Currency Current Account, an innovative solution that lets customers earn competitive interest rates on multiple currencies while being rewarded for their everyday debit card spending.