BNY Mellon, First Global Bank to Deploy AI Supercomputer Powered by NVIDIA DGX SuperPOD With DGX H100
- 1 month 2 days ago
- Banking
Moving fast to accelerate its AI journey, BNY Mellon, a global financial services company celebrating its 240th anniversary, revealed Monday that it has become the first major bank to deploy an NVIDIA DGX SuperPOD with DGX H100 systems. Thanks to the strong collaborative relationship between NVIDIA Professional Services and BNY Mellon, the team was able to install and configure the DGX SuperPOD ahead of typical timelines.
BofA Unifies Mobile Apps for Banking, Investing, and Retirement Into One Personalized Digital Experience
- 1 month 2 days ago
- Mobile Banking
Bank of America has launched a massive update to its mobile app, reimagining how clients interact with their finances. As digital engagement continues to soar, 57 million digital clients can now view and manage their full financial lives through a new, unified digital platform that consolidates five apps – Bank of America, Merrill Edge, MyMerrill, Bank of America Private Bank, and Benefits OnLine – into one personalized experience.
Link Money Collaborates With Silicon Valley Bank to Scale Its Pay by Bank Solution
- 1 month 2 days ago
- Banking
Link Financial Technologies, Inc. (dba Link Money), a US-based open banking payment platform, and Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced a strategic collaboration. Going forward, SVB will handle ACH processing and money movement on behalf of Link Money’s merchants, enabling Link Money to enhance its capabilities, scale faster, and further improve its Pay by Bank solution.
FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto Rico, a subsidiary of First BanCorp, has partnered with nCino to offer a more modern commercial lending and banking experience for its customers in Puerto Rico, Florida and the Virgin Islands, while providing greater insights into its portfolio.
Volopa Announces Partnership with ClearBank
- 1 month 3 days ago
- Banking
Volopa, the transaction, payments, and expenses company, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to allow it to significantly expand the services it can offer its growing portfolio of SME clients.
Cooperative Bank of Oromia Launches New Apps with Temenos to Elevate Digital Experience and Advance Financial Inclusion in Ethiopia
- 1 month 5 days ago
- Banking
Temenos today announced that Cooperative Bank of Oromia (Coopbank), one of the largest banks in Ethiopia, has launched CoopApp and CoopApp Alhuda on Temenos Digital (Infinity), delivering a modern digital experience for conventional and Islamic banking with greater personalization for more than 12 million customers.
nCino to Acquire DocFox
- 1 month 6 days ago
- Banking
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that it has signed a definitive agreement to acquire DocFox, a leading solution provider automating onboarding experiences for commercial and business banking.
ICBA Adds Four Jack Henry Solutions to Preferred Service Provider Program
- 1 month 1 week ago
- Banking
Jack Henry™ announced today the addition of Banno Business™, JHA SmartPay Remote Deposit Now (RDN), Synergy Document Management, and Centurion® Data Backup and Recovery™ to the Independent Community Bankers of America® (ICBA) Preferred Service Provider (PSP) program. The solutions added to the ICBA program enable community banks to:
West Monroe and Backbase Enter Partnership to Accelerate Digital Capabilities for Banks and Credit Unions
- 1 month 1 week ago
- Banking
West Monroe, a business and technology consulting firm, and Backbase, the global leader in Engagement Banking, today announced their strategic partnership to help accelerate the digital transformation of the U.S. banking industry.
Sopra Banking Software Joins AWS ISV Accelerate Program as It Scales Global Reach, Enabling Banks and Financial Institutions to Accelerate Innovation and Speed to Market
- 1 month 1 week ago
- Banking
Sopra Banking Software (SBS), a leading technology partner to over 1,500 financial institutions worldwide, today announced that it has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program, a co-sell program for AWS Partners who provide software solutions that run on or integrate with AWS.
Mastercard Simplifies Subscription Management with Smart Subscriptions
- 1 month 1 week ago
- Banking
Mastercard today unveils Smart Subscriptions, an open-banking-powered subscription management solution that financial institutions can easily plug into their consumer banking applications. Beyond basic management functions, Smart Subscriptions delivers individual spend analysis, expenditure categorization, and personalized offers all in a single user-friendly experience.
Tandem Bank Announces New Commitment to Local Causes
- 1 month 1 week ago
- Banking
Tandem, the UK’s greener, digital bank has announced it has transformed its charity partnerships program in 2024 with a bold commitment to support five charities across its offices. The bank also wants to encourage genuine involvement rather than just financial support and will, therefore, provide employees with two days of paid volunteering annually. It will also target 1 million minutes of volunteering by 2026.
Abrigo Launches Nationwide Network to Elevate Women in Banking
- 1 month 1 week ago
- Banking
In honor of International Women’s Day, on March 8, Abrigo will launch its newest client engagement initiative, the Women in Banking Network. This nationwide, free program aims to elevate the influence and role of women in banking by creating a supported online network of peers, mentors, and experts. The program will include virtual and live events to foster community and is open to all Abrigo customers.
BofA Patents Increase Nearly 70% in 5 Years
- 1 month 2 weeks ago
- Banking
Bank of America today announced a record year for its patent portfolio, which has grown to nearly 6,600 granted patents and pending patent applications – a year-over-year increase of 13%, and an increase of nearly 70% since 2019. A record 644 patents were granted to the company last year, an increase of 54% compared to the total number of patents granted in 2019.
10x First Core Banking Platform to Achieve B Corp Certification
- 1 month 2 weeks ago
- Core Banking
10x Banking’s commitment to its people, community and planet has earned the firm B Corp Certification, in recognition of using business as a ‘force for good.’
