RAKBANK and Mastercard Strengthen Strategic Relationship to Drive Payments Innovation
- 4 hours 35 min ago
- Banking
RAKBANK and Mastercard today renewed their collaboration agreement to support continued payments innovation by delivering enhanced solutions across retail, business and wholesale banking. Building on their long-standing strategic relationship, the move reflects a shared commitment to developing secure and more seamless payment experiences that meet the evolving needs of consumers and businesses in an increasingly digital world.
Over Half of UK Savers Don't Know Whether Their Savings Account Is Actually Competitive, Research from LHV Bank Reveals
- 6 hours 41 min ago
- Banking
New research from LHV Bank reveals that over half (53%) of UK savers aren’t confident that their savings rate is competitive, meaning millions are likely sitting on poor performing savings pots. The survey of over 2,000 respondents, in partnership with Censuswide, shows a picture of engaged savers who regularly check their balance (95%) and know exactly where their money is kept (69%) but this confidence doesn’t stack up when it comes to... more
BIL Suisse Renews Strategic Partnership with Avaloq to Accelerate Digital Transformation
- 1 day 9 hours ago
- Banking
Banque Internationale à Luxembourg (Suisse) SA (BIL Suisse) and Avaloq have renewed their long-standing partnership. Over the past 10 years, BIL Suisse has strengthened its operational efficiency with Avaloq’s platform and Banking Operations service, achieving high levels of automation across key processes such as securities and funds processing. The next phase of collaboration will focus on joint innovation and enhanced client-centric services... more
Circle Receives Final OCC Approval to Establish National Trust Bank
- 2 days 8 hours ago
- Banking
Circle Internet Group, Inc., one of the world’s leading internet financial platform companies, today announced that it has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank, N.A., a national trust bank. The bank will operate under the name Circle National Trust.
Broadridge Delivers Next-Generation Reconciliation Platform to Raiffeisen Bank International
- 6 days 6 hours ago
- Banking
Broadridge Financial Solutions, Inc., a global Fintech leader, today announced that Centralised Raiffeisen International Services & Payments S.R.L. (CRISP), the shared service centre for Raiffeisen Bank International (RBI), has upgraded to Broadridge's next-generation reconciliation platform BRx Match. The implementation supports CRISP's growing business requirements to enhance efficiency, transparency and accuracy across a host of markets... more
Leading U.S. Regional Bank Selects Temenos SaaS to Modernize Core Banking
- 6 days 7 hours ago
- Core Banking
Temenos, a global leader in banking technology, today announced a leading US regional bank has selected Temenos to modernize its core banking platform on Temenos SaaS, with the deal signed early in the third quarter.
Starling Unveils Expense Cards and Team Access Tool for Small Business Customers
- 6 days 7 hours ago
- Banking
Starling Bank has today launched two free tools for small business customers that will empower owners to delegate spending and share account visibility with team members, helping keep their finances on track.
SBS Embeds AI into the Global Banking Software Trusted by 1,500+ Financial Institutions
- 1 week 3 hours ago
- Banking
SBS, the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, is launching SBS AI, embedding enterprise AI directly into the core banking, lending, and digital banking products its clients already run. Built on the SBS Data Platform, it draws on data already in SBS systems, governed and secured within each institution's own environment, and delivers a generative AI... more
Banks Told to Improve Access to Basic Accounts
- 1 week 1 day ago
- Banking
Nine of the biggest UK banks and building societies are legally mandated to offer basic bank accounts. They exist to serve people who may not otherwise be able to access standard current accounts - providing access to essential services with no fees and no overdraft. A mystery shopping exercise by the FCA found a third of experiences with basic bank accounts rated as poor or very poor.
Mifundo Expands Romanian Credit Data Coverage Through Partnership with Biroul de Credit
- 1 week 1 day ago
- Banking
Biroul de Credit, the dominant and historically established banking credit bureau in Romania, and Mifundo have entered into a cooperation agreement to help European banks assess Romanian customers who are often treated as thin-file applicants despite having established financial histories in Romania.
Plumery Integrates SEON’s Fraud Prevention into Next-Gen Digital Banking
- 1 week 1 day ago
- Banking
Plumery, the digital banking development platform, today announced a partnership with SEON, the AI Command Center for Fraud Prevention and AML Compliance, integrating SEON’s device‑intelligence technology into the company’s platform for digital banks. The collaboration gives customers globally the ability to quickly identify and block fraudulent devices, reducing account‑takeover risk and strengthening security across digital channels.
Bluevine Launches U.S. Business Banking Solutions for India-Resident Business Owners Operating in the U.S.
- 1 week 2 days ago
- Banking
Bluevine, the largest digital banking platform for small businesses in the U.S., today announced the launch of its US business banking solutions for eligible India-resident owners of U.S.-registered businesses**. This strategic expansion allows founders and operators in India who run U.S. entities to open and manage a U.S. business checking account with a fully digital application experience, completely eliminating the traditional requirement... more
Tier 1 Market Dominance Drives Thought Machine Revenue Past $100M Milestone
- 1 week 2 days ago
- Core Banking
Thought Machine, the cloud-native core banking and payments technology company, today announced it has surpassed the $100m total revenue threshold for the financial year ending December 2025, as verified by the filing of its audited accounts. This milestone reflects a 57% year-on-year (YoY) increase in total revenue.
One in Three Banks Take More Than a Day to Resolve Reconciliation Exceptions
- 1 week 5 days ago
- Banking
Aqua Global, the financial messaging hub built for payments, treasury and securities processing, today released new research revealing that real-time payments remain out of reach for most banks. The findings show that over-reliance on manual processing and legacy systems is holding progress back, with almost a third of banks (29%) admitting it typically takes more than a day to resolve reconciliation issues.
Barclays, HSBC, Lloyds, and NatWest Among the First Banks in the World to Adopt Swift’s New Framework for Enhanced International Consumer Payments
- 1 week 6 days ago
- Banking
People in the UK sending money abroad or receiving money from overseas will get a significantly better experience as Barclays, HSBC, Lloyds and NatWest go live with a new consumer payments initiative from Swift, the organisation behind the global network that connects more than 11,500 financial institutions in over 200 markets. The initiative sets a new standard for international retail transfers so consumers experience several key benefits:
