Banks Strengthen Support For Customers Facing Financial Difficulty
- 7 hours 54 min ago
- Banking
The Australian Banking Association (ABA) has released an updated industry guideline setting out best practice for banks when assisting customers experiencing financial difficulty. The updated guideline reflects the industry’s ongoing commitment to support customers when they need it most. ABA CEO Anna Bligh said this guideline builds on the existing obligations as well as the Banking Code of Practice.
Wells Fargo Boosts Chicago Technology Banking Team With Investment In Talent
- 1 day 3 hours ago
- Banking
Wells Fargo Technology Banking has expanded its Chicago-based team with two key hires, reinforcing the bank’s long-term commitment to innovation and growth in commercial banking for the tech sector.
Tandem Strikes Gold For Putting People First
- 1 day 11 hours ago
- Banking
Tandem Bank has today revealed it’s been awarded the top accreditation by Investor in Customers – receiving Gold, recognising its outstanding commitment to customers and its people alike.
FV Bank Introduces Virtual Accounts For Enhanced Fund Attribution In International And Domestic Payments Transactions
- 2 days 4 hours ago
- Banking
FV Bank, the U.S.
MyBank Strengthens European Presence And Continues To Grow
- 2 days 12 hours ago
- Banking
MyBank, the scheme-based pay by bank payment solution that enables people and companies to send and collect payments online with immediate confirmation, celebrates a significant milestone: the highest volume transacted since its market launch in 2013, amounting to 60 billion euros.
First Mid Bank & Trust Chooses Jack Henry To Power Growth
- 3 days 5 hours ago
- Banking
Jack Henry™ announced today that First Mid Bank & Trust (First Mid) has selected Jack Henry to modernize its technology infrastructure, strengthen its operational efficiency, and support its co
Five Belgian Banks Join EPI To Bring Wero To Even More European Customers
- 3 days 8 hours ago
- Banking
Chetwood And Flagstone Serve Up Wimbledon‑Inspired Limited Savings Offering
- 3 days 10 hours ago
- Banking
Chetwood Bank, in collaboration with Flagstone, is offering new, limited-time-only fixed-term savings rates, with strong options across a range of short- and medium-term durations.
Gatehouse Bank Achieves Fifth Consecutive Year Of Profitability
- 3 days 11 hours ago
- Banking
Gatehouse Bank, a Shariah-compliant ethical bank, has published its annual results for the year ending 31 December 2024.
U.S. Bancorp Comments On Dodd‑Frank Act Stress Test Results
- 1 week 12 hours ago
- Banking
U.S. Bancorp commented on the results of the Federal Reserve’s Dodd-Frank Act Stress Test (DFAST) conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Santander To Acquire TSB From Sabadell For £2.65 Billion
- 1 week 1 day ago
- Banking
Santander announces that it has reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S.A. (Sabadell), with a valuation of £2.65 billion (approximately €3.1 billion) in an all-cash transaction. Strengthened customer proposition
Lloyds Banking Group Partners With UnlikelyAI To Test Groundbreaking AI Technology
- 1 week 1 day ago
- Banking
Lloyds Banking Group is testing UnlikelyAI’s platform within its innovation sandbox, exploring how the technology could be used to supercharge customer experience in the future. Lloyds Banking Group has announced it is partnering with UnlikelyAI to explore how cutting-edge artificial intelligence can support innovation and enhance customer experience.
ECB Commits To Distributed Ledger Technology Settlement Plans With Dual‑Track Strategy
- 1 week 2 days ago
- Banking
The ECB’s Governing Council has approved a plan that will enable settling distributed ledger technology (DLT) transactions using central bank money. The initiative follows a two-track approach: the first track “Pontes” provides a short-term offering to the market – including a pilot phase – and the second track “Appia” focuses on a potential long-term solution. The decision is in line with the Eurosystem’s commitment to supporting innovation... more
Africa Launches First Pan-African Card Scheme – PAPSSCARD
- 1 week 2 days ago
- Banking
Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June 27 at the 32nd Afreximbank Annual Meetings in Abuja, Nigeria, the new card represents a major leap in Africa’s efforts to achieve financial sovereignty by building resilient and independent payment systems, easing people travel and boosting trade integration.
MPS Partners With Salt Edge To Launch PSD2‑Compliant Open Banking APIs For Retail And Corporate Accounts
- 1 week 3 days ago
- Banking
Belgium’s regulated payment institution, Mobile Payment Solutions (MPS), has partnered with open banking leader Salt Edge to launch its PSD2-compliant APIs. Initially available in the Netherlands and France for both retail and corporate accounts, these APIs will be accessible to all licensed third-party providers (TPPs) throughout the European Economic Area.