OakNorth Deepens Support For US Lower Mid-Market Businesses With Acquisition Of Michigan-Based Community Unity Bank
- 1 month 3 weeks ago
- Banking
OakNorth, the leading commercial digital bank for entrepreneurs by entrepreneurs, today announces that it has agreed to purchase Community Unity Bank (CUB), the home-grown, FDIC-insured community bank based in Birmingham, Michigan, in a stock for stock transaction. The acquisition, which is subject to regulatory approval, follows authorization which OakNorth received in August 2024 from the Federal Reserve and the New York State Department of... more
Chetwood Bank Launches New Fixed Rate Savings Products
- 1 month 3 weeks ago
- Banking
KCB Bank Unveils Kenya’s First Platinum Multi-Currency Card With Compass Plus Technologies
- 2 months 1 day ago
- Banking
KCB Bank, the largest financial institution in East Africa, has partnered with Compass Plus Technologies to strengthen its multi-currency offering by launching Kenya’s first platinum multi-currency prepaid card which will empower its customers with the flexibility and convenience they need to pay for goods and access funds across borders.
Monzo Removes Waitlist for Under-16s Bank Account and Adds Two Brand-New Features
- 2 months 1 day ago
- Banking
Monzo, the UK’s largest digital bank with more than 11m customers, today announced they are removing the waitlist for their Under 16s product - making it available for any eligible parents or guardians to sign their kids up. U16s is a free account designed to bring the best of Monzo’s money management tools to children aged 6-15.
Lunar Launches Lunar Youth – Empowering the Next Generation With Smarter Banking
- 2 months 2 days ago
- Mobile Banking
Lunar, the Nordic challenger bank, is expanding its offering with Lunar Youth, a dedicated banking app for kids and teens aged 7-17. This launch strengthens Lunar’s ambition to become a full-service bank in the Nordics, providing a seamless financial experience for families to engage with money while meeting the needs of a new generation.
Deutsche Bank Expands Clearing Services to Include Swiss Franc
- 2 months 3 days ago
- Banking
Deutsche Bank will add Swiss Franc Clearing to its comprehensive suite of clearing services, thereby providing financial institutional clients with greater flexibility, efficiency, and access to key global currencies. This new offering underscores Deutsche Bank’s commitment to deliver on its pledge to roll out its next generation Correspondent Banking solutions following the recently announced introduction of dbX.
Infosys Finacle Modernizes Chola’s Operations to Accelerate Treasury Transformation Journey
- 2 months 4 days ago
- Banking
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), today announced the successful migration of operations for
Atom Bank Moves to Iconic New HQ in Newcastle While Continuing Fully Flexible Working Practices
- 2 months 4 days ago
- Banking
Atom bank, the UK’s highest rated bank on Trustpilot, today announces its plan to move its UK HQ from The Rivergreen Centre in Durham to The Pattern Shop in Newcastle.The multi-million pound office investment, which is subject to contract, comes following a period of strong growth and profitability for the digital bank.
Aeropay Expands Banking Network Through Partnership With Regent Bank, Enhancing Payment Flexibility
- 2 months 4 days ago
- Banking
Aeropay, a leading provider of pay-by-bank solutions, announced its partnership with Regent Bank today, further expanding its robust banking network to enable fast, secure transactions. Regent Bank, a trusted institution known for its innovative financial services, joins Aeropay’s growing ecosystem of banking partners, offering clients and end-users access to ACH, Real-Time Payments (RTP), and FedNow services.
Thredd Releases Expert Guide Addressing the Need for Greater Transparency and Control in Financial Programmes
- 2 months 1 week ago
- Banking
Thredd, a leading next-generation global payments processor, today released Payments Unstitched: Protecting & Growing Your Payments Business in 2025 providing fintechs, financial institutions, bank sponsors and others insights into the challenges impacting sustainable growth.
AlHuda CIBE Launched Global Internship Program for Islamic Finance
- 2 months 1 week ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics (CIBE) proudly announces the commencement of its 8th Global Virtual Internship Program, furthering its mission to develop global expertise in Islamic Banking and Finance. This initiative has successfully attracted 250 participants from across 40 countries, offering a two-month immersive learning experience designed for professionals from various financial sectors, including banking, insurance,... more
Challenger and Specialist Bank Lending Hits Record High, but Fewer Small Businesses Access Finance Amid Economic Challenges, Finds British Business Bank
- 2 months 1 week ago
- Banking
The British Business Bank’s Small Business Finance Markets 2024/25 report, published today, finds that challenger and specialist banks’ share of gross lending is the highest on record - accounting for 60% and outperforming the UK’s big five banks. The report also finds that business investment by smaller businesses continued to be low, a key reason for the lag in UK productivity versus other G7 countries.
Bespin Global and Ozone API Join Forces to Offer Cloud-Based Open Banking Solutions
- 2 months 1 week ago
- Banking
Today, award-winning cloud consultancy Bespin Global and global leader in open
Vantage Bank Selects SRA Watchtower as Their Business Intelligence Platform for Risk and Financial Insights
- 2 months 1 week ago
- Banking
SRA Watchtower announced today, Vantage Bank, a leading community bank committed to innovation and operational excellence, has selected Watchtower, The Holistic Risk and Business Intelligence PlatformÔ to create a panoramic view of risk and enable actionable insights.
