A New Report From SumUp Reveals UK Residents' Banking Preferences
- 4 days 3 hours ago
- Banking
As digital technology continues to reshape the financial landscape, banking preferences are shifting in significant ways. Traditional bank branches, once the cornerstone of personal finance, are becoming less central to people’s banking needs.
New Open Banking-Powered Partnership Simplifies Insurance Claims for UK Businesses, Reducing Manual Processing Times by 30%
- 4 days 3 hours ago
- Banking
Businesses will now be able to make faster claims on their insurance and receive more accurate payouts thanks to a new innovative partnership between Europe’s leading provider of consumer and business credit information CRIF and claims management firm Crawford.
Thinslices and Salt Edge Partner to Simplify Financial Data Aggregation and Open Banking Payments
- 4 days 3 hours ago
- Banking
Thinslices, a full-service product development company, and Salt Edge, a leading open banking solutions provider, have merged capabilities to streamline financial data aggregation and enable account-to-account payments for businesses across industries.
bunq Completes First Phase Of US Banking License Filing As It Reports Its Second Consecutive Year Of Profits
- 4 days 23 hours ago
- Banking
bunq, the second largest neobank in Europe, is moving forward with its US banking license process. The company has filed for a broker-dealer license as part of a two-phase strategy to enter the US market. This step will enable bunq to gather operational insights and user feedback before reapplying for a full banking license later this year.
Mediterranean Bank Selects Finastra’s Core Banking Solution To Transform Customer Experiences And Drive Sustainable Growth In Libya
- 5 days 4 hours ago
- Core Banking
Finastra, a global provider of financial software applications, today announced that Mediterranean Bank, a provider of retail and corporate banking services in Libya, has selected its core banking solution, Finastra Essence, to deliver advanced digital banking services to its customers. The next-generation solution, which comprehensively covers conventional and Islamic banking requirements, will enable the bank to streamline core processes while... more
British Business Bank Expands Growth Guarantee Scheme to Support Businesses Affected by Global Tariff Changes
- 6 days 5 hours ago
- Banking
Announced by the Chancellor today, the Growth Guarantee Scheme will provide approximately £500m of additional lending capacity to help m
Vemi Launches Pre-App Waitlist: Revolutionising Ethical Banking in the UK
- 6 days 5 hours ago
- Banking
Vemi was born with the mission to remove the compromise that millions of people are making between their values and their finances. Using cutting-edge technology, Vemi aims to address the unmet financial needs of many Muslim and values-led consumers in the UK, by providing ethical financial products and services. Join the Vemi Waitlist
Triodos Bank Recognised as Top-Scoring Best Buy by Ethical Consumer
- 1 week 2 days ago
- Banking
Triodos Bank has been awarded ‘Best Buy’ status by Ethical Consumer magazine for its personal current account and savings accounts, with both scoring 96 out of a possible 100 points.
British Business Bank Announces Facility of Up to £20M with BFS Marine Finance
- 1 week 4 days ago
- Banking
The British Business Bank has agreed a new facility with BFS Marine Finance, designed to increase the flow of finance to smaller businesses within the commercial marine sector. The structured finance facility of up to £20m will allow BFS Marine Finance to provide secured financing facilities for the acquisition or refurbishment of marine assets operating in various sectors.
Optty Partners with GoCardless to Bring Global Bank Payments to Australian Businesses
- 1 week 4 days ago
- Banking
Bank payment company GoCardless has announced a partnership with Optty, a payments API platform, to help medium and large businesses in Australia to simplify their payment processes, operate more efficiently, and scale with ease.
AXA Forms Strategic Partnership with Ant Bank and AlipayHK to Expand Insurance Offerings
On Wednesday, 9 April 2025, AXA Hong Kong and Macau, Ant Bank (Hong Kong), and AlipayHK announced a strategic partnership that will enable AXA to deliver a comprehensive suite of insurance products and services to millions of users through Ant Bank and the mini-app platform within the AlipayHK app.
Finova Delivers Core Banking Servicing Upgrade for Redwood Bank
- 1 week 4 days ago
- Banking
finova, the UK’s largest cloud-based mortgage and savings software provider, has today announced the successful rollout of a new servicing uplift for Redwood, the specialist business bank. This marks the first milestone in a renewed contract and technology roadmap between the two organisations.
Sparebanken Norge and Tietoevry Banking Form Strategic Partnership to Drive Innovation in Norwegian Banking
- 1 week 6 days 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
- 1 week 6 days 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
- 2 weeks 1 day 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.
