ABN AMRO Announces the Acquisition of Hauck Aufhäuser Lampe
- 1 year 9 months ago
- Banking
ABN AMRO announces it has reached an agreement with Fosun International to acquire Hauck Aufhäuser Lampe (“HAL”), a leading German private bank. With the acquisition of HAL, Bethmann Bank – ABN AMRO’s private banking arm in Germany – will become one of the largest providers of banking services for wealthy private clients, family businesses and institutional clients in Germany.
American Express and Ecobank Group Sign Agreement to Expand American Express Acceptance in 21 Countries in Sub-Saharan Africa
- 1 year 9 months ago
- Banking
American Express and Ecobank Group, the leading pan-African financial services Group, announced an agreement to significantly expand American Express Card acceptance in twenty-one countries across Africa.
Flutterwave Named ‘Fintech of the Year’ at the African Banker Awards
- 1 year 9 months ago
- Banking
Flutterwave, Africa’s leading payments technology company has been named ‘Fintech of the Year’ at the African Banker Awards, held in Nairobi, Kenya, on the sidelines of the African Development Bank Annual Meetings. This recognition highlights Flutterwave’s contributions to the financial technology sector and its unwavering commitment to fostering economic growth and financial inclusion across the African continent.
Commerzbank Completes FX, FX Derivatives, Equities and Commodities Migration to Murex MX.3 Platform
- 1 year 9 months ago
- Banking
Commerzbank has completed a strategic migration and simplification of its global FX, FX derivatives, equities and commodities activity, streamlining trading and risk in Murex’s integrated MX.3 platform.
Meethaq Goes Live on Temenos for Retail and Corporate Core Banking
- 1 year 9 months ago
- Core Banking
Temenos today announced that Meethaq Islamic Bank, from Bank Muscat, has successfully implemented Temenos Core for Retail and Corporate banking. This strategic move empowers Meethaq to provide Shariah compliant banking products and services, while enhancing operational efficiency and business agility.
Stanbic Bank Kenya Partners with Orion Innovation for Strategic Modernization
- 1 year 9 months ago
- Banking
Orion Innovation ("Orion"), a leading digital transformation and product development services company, today announced that it has signed an agreement with Stanbic Bank Kenya to facilitate an upgrade and modernization effort of basic banking services.
Banc of California’s Build@Banc Supports Startups from Seed Investment to IPO
- 1 year 9 months ago
- Banking
Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today the launch of Build@Banc, a service dedicated to providing tailored banking solutions to seed and early-stage innovative startups. The Build@Banc team also provides guidance and resources to help founders choose the right banking solutions and offers introductions to its well-established network of investors and advisers.
Burgan Bank Selects TCS BaNCS to Transform Its Core Banking
- 1 year 9 months ago
- Core Banking
Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, has signed a deal to modernize the core banking technology of Burgan Bank, a leading commercial bank in Kuwait.
Tuum x DDCAP ETHOS Announce Partnership to Provide a Pre-Integrated Fintech Solution for the Islamic Financial Market
- 1 year 9 months ago
- Islamic Finance
Tuum, a leading next-generation core banking provider, and DDCAP Group™ (DDCAP) have partnered to offer a pre-integrated fintech solution to enhance the end-to-end trade execution and processing of Sharia-compliant transactions.
Tandem Rewards Savings Customers with Top Up Launch
- 1 year 9 months ago
- Banking
Building the UK’s greener digital bank, Tandem has increased its 1 year fixed saver rate to 5.12%, making it one of the leading rates available today. A saver who deposits £1,000 with Tandem could see a balance after the 1-year term of £1051.20.
Zopa Enters £23 Billion Renewable Energy Market With Octopus Energy Deal
- 1 year 9 months ago
- Banking
Zopa Bank has entered the UK’s £23 billion renewable energy market, making its suite of fully regulated BNPL and retail finance products available to Octopus Energy customers across the UK. The deal will see Zopa finance the purchase and installation of Octopus solar panels for the energy giant’s millions of UK customers, spread out in up to 84 installments over 7 years. Octopus is the UK’s largest electricity supplier.
UK Sector Growth Resilient in April, Despite Increased Cost Pressures
- 1 year 9 months ago
- Banking
The number of growing UK sectors remained resilient in April, despite cost pressures spreading across the economy, according to the latest Lloyds Bank UK Sector Tracker. In April, eight of the 14 UK sectors monitored by the Tracker saw output growth – one fewer than in March (nine), but still more than the monthly average in 2023 (seven).
EDB Receives Prestigious Recognition for Regional Leadership in Digital Innovation and Transaction Services
- 1 year 9 months ago
- Banking
Emirates Development Bank ("EDB" or "the Bank") continues to solidify its position as a regional leader that delivers innovative digital offerings and tech-forward transaction banking solutions, giving customers the best possible experiences while enabling efficient and safe cross-border business operations.
Temenos Awards Celebrate Client Innovation and Success at Flagship Event
- 1 year 9 months ago
- Banking
Temenos today announced its 2024 Customer Award Winners at the Temenos Community Forum in Dublin. In line with the theme of this year’s event, the awards recognize those challenging, innovating and succeeding in the banking industry.
Chiba Bank Selects Moneythor to Revolutionise Personalised Banking Experiences for Over One Million Customers
- 1 year 9 months ago
- Banking
Moneythor, the leading provider of real-time, personalized engagement and loyalty solutions for banks and fintech firms today announced that it has been selected by Chiba Bank, one of the leading regional banks in Japan, to bring real-time personalised experiences to its customers and enhance customer engagement.
