Bank Of England Modernises IT Infrastructure With £7.5 Million Digital Transformation Shift.
- 1 year 2 months ago
- Banking
The Bank of England has significantly scaled up its investment in IT hardware by £7.7 million over the past three years, purchasing laptops, phones and tablets as part of a broader digital transformation strategy aligned with increased demands for cybersecurity, remote access and operational efficiency. Between June 2022 and May 2025, the UK's central bank acquired over 7,200 devices, reflecting a strategic commitment to modernising its... more
Mifundo And CRIF Switzerland: A Partnership To Enhance Cross‑Border Credit Data Access For European Banks
- 1 year 2 months ago
- Banking
Mifundo, the fintech building Europe's unified cross-border credit data platform, today announced a strategic partnership with CRIF Switzerland, the leading Swiss provider of credit risk management solutions. The collaboration integrates CRIF's comprehensive Swiss credit data with Mifundo's pan-European network, enabling European banks to gain instant access to Swiss credit information when serving Swiss mobile professionals.
UniCredit Named “Europe’s Best Bank” And Honored With Multiple Achievements Across Europe At The Euromoney Awards 2025
- 1 year 2 months ago
- Banking
UniCredit has been awarded the prestigious title of Europe's Best Bank 2025 at the Euromoney Awards for Excellence, in recognition of the outstanding results achieved by the bank in 2024 through the "UniCredit Unlocked" industrial transformation plan. The award was presented at the Euromoney Awards for Excellence ceremony in London on 17 July.
Chetwood Bank Launches Competitive 3‑ and 6‑Month Fixed‑Rate Savings Accounts
- 1 year 2 months ago
- Banking
Chetwood Bank, the UK digital challenger bank, has expanded its range of Fixed Rate savings products with the launch of two new short-term accounts:
NatWest Secures Contract To Provide Banking Services For Public Sector Organisations And Bodies
- 1 year 2 months ago
- Banking
NatWest has won a contract to continue to provide money transmission services for several government departments and public sector bodies. The contract will be held for 8 years with an option to extend up to a further 4 years, and involves processing a range of payments on behalf of Government Banking, who provide a shared banking service across central government and wider public sector bodies.
ICBA Payments And Visa Renew Partnership Supporting Community Bank Payments
- 1 year 2 months ago
- Banking
ICBA Payments, a subsidiary of the Independent Community Bankers of America® (ICBA), today announced the renewal of its four-decade relationship with Visa. Together, the organizations are deepening their efforts to equip local financial institutions with the modern payment tools and support they need to grow and better serve the needs of their customers.
Salt Edge Validates Open Banking APIs On IBM LinuxONE And IBM Z
- 1 year 2 months ago
- Banking
Salt Edge, a global provider of API technology for financial services, has validated that its Open Banking API suite is fully compatible with IBM LinuxONE and IBM Z platforms and supported for deployment in production environments.
Xero To Triple High‑Quality Bank Feed Connections In The US Through Plaid Partnership
- 1 year 2 months ago
- Banking
Xero, the global small business platform, today announced a strategic partnership with Plaid, a leading financial data network, to eventually triple the number of high-quality bank feeds available to customers in the United States.
Grasshopper Bank Taps Lendio To Power AI‑Driven SBA Lending For A New Generation
- 1 year 2 months ago
- Banking
Grasshopper Bank, a client-first digital bank built for the business and innovation economy, has partnered with Lendio, the nation's leading small business financing platform, to bring instant Small Business Administration (SBA) loan offers to market on Lendio's Marketplace.
Metro Bank Introduces New 31‑Month Fee‑Free Business Current Account For SMEs Looking To Switch
- 1 year 2 months ago
- Banking
Metro Bank’s business current account is eligible for start-ups, sole traders and limited companies with up to £2m turnover a year.
178 And Rising: Zelle® Accelerates Community Bank And Credit Union Adoption
- 1 year 2 months ago
- Banking
Zelle today announced that at least 178 new financial institutions from communities in all parts of the country have gone live with or signed up to bring the popular money transfer service to their customers during Q4 2024 and Q1 2025. With the addition of these new banks and credit unions, there will be more than 2,300 financial institutions on the Zelle Network® – 95% of which are community banks and credit unions.
UniCredit Becomes First Major Bank In Europe To Launch Fast, Secure Foreign‑Currency Payments Through Partnership With Wise Platform
- 1 year 2 months ago
- Banking
UniCredit announces the launch of a new international payment service for retail customers, developed in partnership with Wise, the global technology company specialising in cross-border payments. This strategic collaboration makes UniCredit the first bank in Italy to integrate a fast, secure, and transparent solution for foreign-currency payments directly into its mobile banking app.
Cathay United Bank Partners With Avaloq To Establish First Onshore Private Bank In Taiwan’s New Kaohsiung Asset Management Hub
- 1 year 2 months ago
- Banking
Taiwan has launched a new Asset Management Hub in Kaohsiung to accelerate the development of onshore private banking and strengthen its position as a regional wealth management centre. As the first bank to establish private banking operations under this initiative, Cathay United Bank, in partnership with its longstanding technology provider Avaloq, is helping to shape the future of onshore private banking in Taiwan.
UK SMEs Cautious But Curious: Interest Shown In Open Banking But Knowledge Gaps And Fragmented Barriers Slow Progress
- 1 year 2 months ago
- Banking
New research from The Payments Association, a trade group representing the payments sector, has revealed a dynamic yet fragmented landscape for A2A payments, enabled by open banking infrastructure, among UK small and medium-sized enterprises (SMEs), highlighting both a growing interest in payments innovation alongside a need for education on the opportunities and risks A2A p
Eltropy Video Banking Now Fully Integrated Into Unified Conversations Platform
- 1 year 2 months ago
- Banking
Eltropy, the leading digital conversations platform for community financial institutions (CFIs), today announced that Eltropy Video Banking is now fully embedded within the company’s Unified Conversations Platform. Eltropy’s platform-backed Video Banking allows CFIs to deliver secure, face-to-face banking services anytime, anywhere, turning any device into a virtual branch while maintaining the personal touch that sets community institutions... more
