Offa Purchases Bank of Ireland’s Islamic Home Finance Portfolio
- 5 months 3 weeks ago
- Banking
Offa, the UK's leading Islamic property finance fintech, has acquired Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio in a landmark deal utilising a unique funding structure, including more than 350 home purchase plans.
AlHuda CIBE Provides Shariah Certificate to Apex Takaful
- 5 months 3 weeks ago
- Islamic Finance
AlHuda CIBE has formally certified Apex Takaful, marking it as the inaugural Takaful operator in Uzbekistan. Apex Takaful has successfully launched a pioneering product that meets Shariah compliance requirements and has secured essential certification. The certification process conducted by AlHuda CIBE spanned one month, during which a thorough evaluation of Takaful contracts, operational agreements, and overall operational frameworks was... more
74% of All Financial Product Sales in the UK Do Not Involve a Bank Branch – Kearney
- 5 months 3 weeks ago
- Banking
Leading consultancy Kearney has today released the latest data from its annual European Retail Banking Radar, revealing that 74% of all product sales in the UK do not involve a branch or human interaction, confirming that consumers overwhelmingly prefer to interact with financial institutions remotely.
Payit™ by NatWest Provides Interactive Investor with a Simple and Safe Way for Customers to Validate Bank Accounts and Enjoy Easy One-Click Payments
- 5 months 4 weeks ago
- Banking
interactive investor (ii) has rolled out NatWest’s multi-award-winning open banking payments solution Payit™, to enable their customers to deposit funds onto the investment platform immediately to allow investments to be made. Customers can now use Payit™ by NatWest to make a payment/a fund deposit online through the ii website and app.
tell.money Selected as Open Banking Gateway Provider for Monese, Expanding EU Coverage and Streamlining TPP Integration
- 6 months 4 days ago
- Banking
tell.money, a leading provider of open banking solutions, today announces its appointment as the official open banking gateway provider for Monese, the award-winning mobile money app. This strategic partnership arrives at a crucial time when embedded finance solutions are experiencing unprecedented growth in the UK and EU markets.
MANTL Names Pinwheel Preferred Partner For Direct Deposit Switching
- 6 months 5 days ago
- Banking
Starling Bank Staff Resign Over New CEO’s In-Office Mandate
- 6 months 6 days ago
- Banking
Starling Bank has experienced a wave of resignations after its new CEO, Raman Bhatia, announced a policy requiring staff to return to the office more frequently. Bhatia’s directive demands that employees who had been working remotely or on a hybrid schedule attend the office for a minimum of 10 days per month, marking a significant shift in the bank’s work culture since Bhatia succeeded founder Anne Boden in March 2024.
Wirex Works With Banking Circle To Revolutionize Global Financial Operations
- 6 months 1 week ago
- Banking
Wirex, a leading Web3 money app, is thrilled to announce a groundbreaking global alliance with Banking Circle, a leading provider of next-generation banking services. This strategic collaboration is set to dramatically enhance Wirex's financial operations across the globe, empowering millions of users with cutting-edge banking solutions.
Revolut Hits 50 Million Customer Milestone Globally on Mission to Build World’s First Truly Global Bank
- 6 months 1 week ago
- Banking
Revolut, the global financial technology company and licensed European bank, has today announced that it has hit 50 million customers globally, with 10 million in the UK.
Temenos Powers On-Premises Generative AI For Real-Time Banking With NVIDIA Accelerated Computing
- 6 months 1 week ago
- Banking
Temenos today announced it is bringing high-performance, on-premises Temenos generative AI — built with the NVIDIA AI platform — to banks, empowering them to transform data into real-time insights while retaining full control over their information.
Paymentology Powers Challenger Bank Albo’s Rapid Growth And Expansion In Mexican Fintech Market
- 6 months 1 week ago
- Banking
Paymentology, the leading global issuer processor, announces a strategic partnership with Mexico’s leading digital bank, albo, aimed at accelerating the fintech’s
Bank Of Valletta P.L.C. Selects Profile Software’s Investment Management Platform
- 6 months 1 week ago
- Banking
Profile, a leading financial solutions provider, has announced today that Bank of Valletta p.l.c., a financial services provider of systemic importance, with a legacy of 50 years and the largest market share in Malta, has selected the Axia Suite platform to enhance its portfolio management and investment services’ operations.
NatWest Group Modernises Self-Service Banking With NCR Atleos
- 6 months 1 week ago
- Banking
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers, and consumers, today announced that
Santander Commercial Bank Delivers New Products and Digital Capabilities to Drive More Seamless Client Experiences
- 6 months 1 week ago
- Banking
Santander Bank, N.A. (“Santander” or “the Bank”) announced today that is has expanded its suite of digital cash management solutions to enhance the commercial client experience while reducing its overall cost to serve. With an increased focus on mobile banking and investments in treasury products, the Bank will continue to expand its offerings in 2025.
MSB Joins Forces With Backbase and SmartOSC to Drive Unified, Customer-Centric Digital Modernization With the Engagement Banking Platform
- 6 months 1 week ago
- Banking
Backbase, creator of the Engagement Banking Platform, today announces that Maritime Commercial Joint Stock Bank (MSB), has made a strategic investment in the Backbase Engagement Banking Platform, with local implementation support from Backbase’s partner, SmartOSC, a premium digital enabler.
