American Banks are Lagging Behind in Climate-friendly Banking Innovation
- 2 years 4 months ago
- Banking
Money20/20 USA calls itself “The world's biggest, most influential gathering of the global money ecosystem”, but amongst 350 speakers and countless topics, ‘sustainability’ and ‘climate’ come up only once on the show agenda.
Intellect Announces the Launch of iGTB Copilot: AI-powered Commercial & Corporate Banking Suite
- 2 years 4 months ago
- Banking
Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena Ltd, today announced the launch of iGTB Copilot, a suite of AI solutions for Commercial & Corporate Banking.
iDenfy Partners with Kestrl to Increase Conversions Through Automated KYC and PoA Checks
- 2 years 4 months ago
- Islamic Finance
iDenfy, a global RegTech startup offering AI-based identity verification and fraud prevention tools, announced partnering with Kestrl, a UK-based fintech company specializing in Islamic finance, empowering Muslims to build wealth in accordance with their faith principles. iDenfy’s ID verification, AML screening and PoA verification tools will help Kestrl stay compliant while ensuring efficient and simple customer onboarding.
Temenos Recognized as Leader in Cloud Core Banking by Omdia.
- 2 years 4 months ago
- Banking
Temenos has today announced that it has been recognized as a market leader in the latest “Omdia Universe: Cloud-based Core Banking 2023” evaluation from Omdia, a leading technology analyst and consulting firm.
AlHuda CIBE Continues its Commitment to Excellence in Islamic Finance FinTech Services
- 2 years 4 months ago
- Islamic Finance
The global FinTech landscape has witnessed significant growth and transformation. Investments in FinTech have been on the rise, with substantial venture capital funding contributing to the sector's expansion. Startups in the FinTech space have proliferated, many of them achieving unicorn status, reflecting the sector's attractiveness to investors. Digital payments have surged in popularity, with mobile payment apps and contactless transactions... more
HSBC Launches Multi-market Business Account Opening Service in 20 Markets
- 2 years 4 months ago
- Banking
HSBC today announces the launch of a market-leading digital solution which allows business and corporate customers to open accounts for multiple business entities in multiple markets, all in one place. Using a dedicated portal, the streamlined digital application process is fast, simple, and globally consistent, regardless of the market or markets where accounts are being opened.
1 in 3 UK Adults Now Focused on Savings Despite Over 13.7 Million Having Less Than £1,000 in the Bank, Finds Gatehouse Bank
- 2 years 4 months ago
- Islamic Finance
Gatehouse Bank, the Shariah-compliant challenger bank, has today released new research demonstrating that the UK’s money mindset is shifting towards saving. The research looked at UK adults’ attitudes to money, assessing the key factors that influence them, why they look to save or spend their money and what might cause a shift in this mindset.
The Nomura Trust & Banking Co., Ltd. Successfully Goes Live on the nCino Cloud Banking Platform
- 2 years 4 months ago
- Banking
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that The Nomura Trust & Banking Co., Ltd. (Nomura Trust), a Japanese trust bank and wholly-owned subsidiary of Nomura Holdings, Inc., has successfully implemented and is live on the nCino Cloud Banking Platform.
BIAN Develops New 'Coreless Banking' Concept Advancing Banking Technology
- 2 years 4 months ago
- Banking
BIAN, the independent not-for-profit standards association, has today announced the third iteration of its ‘Coreless Banking’ initiative, an API-based services architecture designed t
Synchrony Celebrates Art and Sustainability with Grand Inauguration in Hyderabad
- 2 years 4 months ago
- Banking
Synchrony, a premier consumer financial services company with a rich history spanning over two decades in Hyderabad, proudly presents a fusion of innovation, sustainability, and artistic expression with the inauguration of a remarkable electronic waste art masterpiece at the Raidurg Metro Station.
DIGISEQ Partners with ekko to Embed Sustainability and Positive Planet Impact into Wearable Devices
- 2 years 4 months ago
- Alternative Finance
DIGISEQ, the wearable payments tech pioneer, has today announced its partnership with ekko, the global embedded sustainability fintech, bringing ekko’s carbon tracking, offsetting and positive planet impa
Varo Bank Extends Partnership with Temenos in the Cloud
- 2 years 4 months ago
- Banking
Temenos today announced that Varo Bank, N.A., the first all-digital, nationally chartered consumer techbank in the US, has extended its relationship with Temenos. Temenos Banking Cloud enables Varo to scale based on customer demands, deploy new products quickly, and drive down operational costs substantially. This has helped the bank to bring innovative products to market faster and at scale to meet the surge in digital banking.
Nucleus Financial to Acquire Curtis Bank
- 2 years 5 months ago
- Banking
Nucleus Financial Platforms (Nucleus), one of the UK’s leading independent adviser platforms, is pleased to announce that its acquisition of the Curtis Banks Group (Curtis Banks) has received all necessary regulatory approvals.
CLS Adds Three Clients to its Cross Currency Swaps Service
- 2 years 5 months ago
- Banking
CLS, a market infrastructure group delivering settlement, processing and data solutions, today announces that three settlement members, including Barclays Bank and Danske Bank, have enrolled in its cross currency swaps (CCS) settlement service. They are joining a growing community of settlement members on the service, including some of the world’s largest banks. The service has witnessed continued growth in recent months, with a 38% year-on-year... more
ila Bank’s ‘alburaq' Offers a New Islamic Banking Experience in Bahrain
- 2 years 5 months ago
- Islamic Finance
Bank ABC’s commitment to digital disruption remains resolute, as its retail arm ila Bank successfully launched Bahrain’s exclusively digital, Shari’a-compliant banking offering for individual customers - ‘alburaq.’ Introduced in May 2023, this new Islamic banking experience from ila Bank brings customers a host of intuitive Shari’a compliant banking products and services at their fingertips through ila’s multi-faceted, state-of-the-art mobile... more
