VERMEG Introduces A New Standard In Collateral Optimization At SIBOS 2025
- 1 month 1 week ago
- Banking
At SIBOS 2025, one of the recurring topics is the growing pressure on financial institutions to do more with less collateral. Between rising funding costs, tightening regulatory ratios, and heightened market volatility, optimization has become a strategic priority. VERMEG responds with the launch of Optimizer, its latest innovation designed to simplify and accelerate collateral optimization while addressing the industry’s most pressing pain... more
Interpolitan Money Secures DFSA Category 3C And 4C Licences, Expanding Its Service Offering In UAE As Part Of Global Growth
- 1 month 1 week ago
- Banking
Alternative banking solutions provider Interpolitan Money has been granted both a Category 3C and 4C licence by the Dubai Financial Services Authority (DFSA), marking a significant milestone in the firm’s global expansion strategy and strengthening its presence in the Middle East.
Nubank Applies For U.S. National Bank Charter
- 1 month 1 week ago
- Banking
Nubank, one of the world's largest digital financial services platforms, announced today that it has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) of the United States. This undertaking is aligned with the company’s intention to explore future international opportunities by evolving its regional platform into a global model. Pursuing a U.S. national bank charter positions Nubank to unlock new... more
Financial Institution Türk Ekonomi Bankası To Deploy Provenir’s AI Decisioning Platform
- 1 month 1 week ago
- Banking
Provenir, a global leader in AI risk decisioning software, today announced Türk Ekonomi Bankası (TEB) has selected the Provenir AI Decisioning Platform to speed batch risk decisioning processes for its retail and small business lending products.
Coconut Launches Industry First Partnership With Zempler Bank To Support Millions Set To Be Impacted By Government’s MTD Deadline
- 1 month 1 week ago
- Banking
North West-based Accounting software fintech Coconut has announced a first-of-its-kind integration with digital business bank Zempler to support the millions of sole traders and landlords affected by the upcoming Making Tax Digital for Income Tax (MTD IT) deadline. The joint offering will simplify and streamline tax preparation - completely free of charge.
CGI Partners With Barclays To Integrate Multi-Bank Trade Finance Platform
- 1 month 1 week ago
- Banking
CGI, one of the largest independent IT and business consulting services firms in the world, today announced its partnership with Barclays to integrate CGI Trade360, CGI’s global trade finance solution, with Konsole from Komgo, the largest multi-bank trade finance platform.
HPS Signs Two Tens Of Million USD Contracts In Asia With Tier-1 Global Banks
- 1 month 1 week ago
- Banking
HPS, a global provider of payment solutions, today announced the signing of two major agreements with leading Asian financial institutions ranked among the Top 100 and Top 200 banks worldwide. Each contract is valued in the tens of millions of US dollars and will be deployed in an On-Premise model, enabling HPS to recognize significant revenue and EBITDA contributions as early as 2025. Starting 2H 2025.
Nasdaq And AWS To Advance Capital Markets And Banking Infrastructure Across The Financial System
- 1 month 2 weeks ago
- Banking
Nasdaq and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, today announced an expansion of their strategic technology partnership by giving financial institutions the option of deploying Nasdaq Calypso on AWS. It will be offered as a fully managed service powered by AWS, with the underlying technology managed by Nasdaq, as the companies seek to modernize the next generation of capital markets and treasury infrastructure.
TrueLayer Revenues Up 63% In 2024 As It Charts Path To Profitability
- 1 month 2 weeks ago
- Banking
TrueLayer, Europe’s leading Pay by Bank provider, today published its 2024 Financial Performance, highlighting an increase in revenues (+63%) and gross profit (+82%). The highlights from TrueLayer’s FY2024 financial data showcase a year of exceptional growth and momentum towards achieving profitability. Key financial highlights from FY2024:
VersaBank Implements New Internally Developed Artificial Intelligence Capabilities Within Core Banking Technology
- 1 month 2 weeks ago
- Banking
VersaBank, a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has implemented new, internally developed, state-of-the-art artificial intelligence (AI) capabilities within its proprietary core banking technology. The new AI capabilities enable VersaBank to now actively monitor the entirety of its Receivable Purchase Program (RPP) portfolio continuously in real... more
Shawbrook Powers Hargreaves Lansdown’s First Branded Savings Product
- 1 month 2 weeks ago
- Banking
Shawbrook has partnered with Hargreaves Lansdown (HL) to deliver its first branded savings product, launched through the HL Cash ISA. The collaboration highlights Shawbrook’s growing role as the specialist banking partner of choice for financial platforms, combining deep expertise with agile technology to co-create new savings and lending products at pace.
Bancolombia Completes Go-Live on MX.3 for Hedge Accounting Solution
- 1 month 2 weeks ago
- Banking
Murex is proud to announce Bancolombia is live with MX.3 for Hedge Accounting. IFRS 9 requires banks to assess expected credit losses on loans and receivables, including trade receivables, replacing the previous model based solely on incurred losses by measuring interest rate risks for banking book (IRRBB).
First Fed Bank Launches Apiture for Elevated Business Banking Experience
- 1 month 2 weeks ago
- Banking
Apiture, a leading provider of digital banking solutions, today announced that
Hidden Costs of Legacy Tech: UK Banks Shelling Out £3.3bn Annually on Managing Core Systems
- 1 month 2 weeks ago
- Banking
Data-driven core banking engine, SaaScada, today released a new report – The Great Cloud Con: From Cloud-Washed Imitation to Cloud-Native Innovation – exposing the spiralling costs and failures of outdated core platforms.
