Bank Alfalah Acquires Strategic Stake in UAE Fintech Jingle Pay
- 4 months 2 weeks ago
- Banking
Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in the MENAP region. The Bank's fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets.
SRM Announces Preferred Partnership Status With the New Hampshire Bankers Association, Ready to Deliver Operational Savings and Consulting Expertise
- 4 months 2 weeks ago
- Banking
SRM announced a new partnership with the New Hampshire Bankers Association (NHBA). The NHBA will recognize SRM as an official Preferred Partner. This distinguishes SRM as a trusted specialist that New Hampshire banks and bankers can rely on for operational excellence and optimization, including vendor sourcing and RFP support and diplomatic contract negotiations related to signature card networks and payments vendors.
Bitget Introduces Bank Deposits With ZEN Integration, Enabling Access for Eleven Fiat Currencies
- 4 months 2 weeks ago
- Banking
Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the integration of ZEN.com, a renowned banking solution, into its fiat deposit and withdrawal channel. With this integration, Bitget users can now seamlessly deposit and withdraw funds using 11 supported fiat currencies, including PLN, CZK, DKK, AUD, CAD, NOK, SEK, CHF and HUF.
Bank of Hangzhou Extends Scope on MX.3 With FRTB Solution
- 4 months 2 weeks ago
- Banking
Bank of Hangzhou has expanded its use of Murex's MX.3 platform by implementing the Fundamental Review of the Trading Book (FRTB) solution, MX.3 for FRTB, using the standardized approach (SA). The Bank of Hangzhou initially implemented MX.3 in 2021 to support capital markets activities across asset classes, covering front-office, back-office and risk management functions. The platform has consistently met the bank's needs for business expansion,... more
Lumin Digital Taps FINBOA as Digital Banking Automation Partner for Enhanced Dispute Management
- 4 months 2 weeks ago
- Banking
Today, the leading cloud-native digital banking provider, Lumin Digital , announced it has partnered with process automation provider FINBOA.
Tietoevry Banking Secures European Payments Council Registration for Routing and Verification Services
- 4 months 2 weeks ago
- Banking
Tietoevry Banking, the leading provider of financial software solutions, is today announcing that it has registered with the European Payments Council as a provider of Routing and Verification Mechanisms (RVM) for Verification of Payee (VoP) solutions. Thanks to a partnership with Movitz Payments, this will include confirmation of both payer and payee – adding an extra layer of security and confirmation for banks and their customers.
The Outlook of Islamic Finance in 2025 Appears Promising
- 4 months 3 weeks ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics (CIBE) has projected a promising outlook for the Islamic finance industry in 2025, with assets anticipated to surpass the $5 trillion milestone. This forecast underscores the resilience and growing significance of the Islamic finance ecosystem amidst evolving global financial landscapes. Despite slower progress in Islamic microfinance over the last two to three years, 2025 is expected to mark a... more
Triple Honours in the King’s New Year Honours for British Business Bank
- 4 months 3 weeks ago
- Banking
British Business Bank CEO, Louis Taylor, has been awarded a CBE for services to Business and Trade in the King’s New Year honours list 2025. In addition, Catherine Lewis La Torre, former CEO of the Bank’s commercial subsidiaries, British Patient Capital and British Business Investments, and interim CEO of the British Business Bank has also been awarded a CBE for services to Business.
Garanti BBVA Enhances Investment Options on Its Mobile App
- 5 months 2 days ago
- Mobile Banking
Garanti BBVA recently revamped ‘Garanti BBVA Mobile’, making it faster and easier for investors to monitor and manage their investment portfolios directly on the app. The new menu for investments allows customers to view their portfolio distribution, check the status and research investment options that match their investment goals - all on a single screen. Furthermore, Garanti BBVA Mobile also offers educational content designed to improve... more
Varo Bank Introduces Zero Fee Cash Deposits at Participating CVS Locations
- 5 months 2 days ago
- Banking
Varo Bank, the first all-digital nationally chartered bank in the U.S., today announced a collaboration with Green Dot Corporation (NYSE:
Independent Research Firm Names Temenos a Leader in Digital Banking Processing Platforms
- 5 months 6 days ago
- Banking
Temenos today announced that it has been named a Leader in The Forrester Wave™: Digital Banking Processing Platforms, Q4 2024. According to Temenos, this reflects the flexibility and rich functionality of its comprehensive core banking solutions, which are further enhanced by a strong partner ecosystem and Temenos’ continued investment in innovation.
Cloudera Partners with the Bank of Georgia to Drive Data-Driven Product Development
- 5 months 6 days ago
- Banking
Data is at the heart of Bank of Georgia’s operations, informing everything from its customer relations to product development. Using Cloudera to bring multiple data sources into one centralised location, the bank can provide intelligent and personalised customer experiences and effectively utilise data to drive innovation.
Tuum Earns Recognition In Celent’s Retail Banking Core Systems: Next-Generation Core Banking Edition, 2024, Positioned As A Luminary And Functionality Standout Across Key Categories
- 5 months 1 week ago
- Banking
Tuum, a leading next-generation core banking technology provider, is proud to announce its inclusion in Celent’s highly regarded Retail Banking Core Systems: Next-Generation Core Banking Edition, 2024. This extensive evaluation highlights the most innovative and effective core banking solutions in the global market.
ClearBank Now Available In The Microsoft Azure Marketplace
- 5 months 1 week ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking, today announced the availability of its cloud-native banking solutions and payment infrastructure in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. This will open up ClearBank’s cutting-edge banking solutions and payments infrastructure to all Azure customers, presenting an important
Mnaara Launches Comprehensive B2B Solution For Private Banks And Investment Advisors To Offer Private Equity Funds
- 5 months 1 week ago
- Banking
Mnaara, a leading digital investment platform, has launched a groundbreaking B2B solution designed to help private banks and investment advisors provide their clients with access to exclusive, Ethical and Shariah-compliant private equity opportunities. This innovative offering simplifies private equity investment access for clients, helping advisors strengthen their client relationships while tapping into the high-potential private markets.
