Triodos Bank Recognised as Top-Scoring Best Buy by Ethical Consumer
- 1 day 7 hours ago
- Banking
Triodos Bank has been awarded ‘Best Buy’ status by Ethical Consumer magazine for its personal current account and savings accounts, with both scoring 96 out of a possible 100 points.
British Business Bank Announces Facility of Up to £20M with BFS Marine Finance
- 2 days 12 hours ago
- Banking
The British Business Bank has agreed a new facility with BFS Marine Finance, designed to increase the flow of finance to smaller businesses within the commercial marine sector. The structured finance facility of up to £20m will allow BFS Marine Finance to provide secured financing facilities for the acquisition or refurbishment of marine assets operating in various sectors.
Optty Partners with GoCardless to Bring Global Bank Payments to Australian Businesses
- 2 days 13 hours ago
- Banking
Bank payment company GoCardless has announced a partnership with Optty, a payments API platform, to help medium and large businesses in Australia to simplify their payment processes, operate more efficiently, and scale with ease.
AXA Forms Strategic Partnership with Ant Bank and AlipayHK to Expand Insurance Offerings
On Wednesday, 9 April 2025, AXA Hong Kong and Macau, Ant Bank (Hong Kong), and AlipayHK announced a strategic partnership that will enable AXA to deliver a comprehensive suite of insurance products and services to millions of users through Ant Bank and the mini-app platform within the AlipayHK app.
Finova Delivers Core Banking Servicing Upgrade for Redwood Bank
- 2 days 13 hours ago
- Banking
finova, the UK’s largest cloud-based mortgage and savings software provider, has today announced the successful rollout of a new servicing uplift for Redwood, the specialist business bank. This marks the first milestone in a renewed contract and technology roadmap between the two organisations.
Sparebanken Norge and Tietoevry Banking Form Strategic Partnership to Drive Innovation in Norwegian Banking
- 4 days 12 hours ago
- Banking
Tietoevry Banking has entered a strategic partnership with Sparebanken Norge to deliver next-generation banking technology, aimed at strengthening the bank’s competitiveness in an increasingly digital market. The agreement also grants Sparebanken Norge access to deep digital banking expertise, further cementing its position as a leading force in financial innovation in Norway.
ClearBank Reports First Group Results, with Increased Underlying Profits at UK Bank
- 4 days 14 hours ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking, today released its financial results for the year ended 31 December 2024 and 2024 Annual Report. These show the business has made progress on its growth strategy, positioning itself for long-term international expansion as it establishes its Group structure. The UK business posted annual pre-tax profits for the second year running, with strong growth in fee-based income, deposits... more
Yavrio Connects with Five Largest U.S. Banks and Introduces Advanced Embedded Payments
- 1 week 6 hours ago
- Banking
Open Banking fintech, Yavrio, has announced it is now connected to corporate accounts at Wells Fargo, J.P. Morgan, Citi Bank, Bank of America and U.S Bank, the five largest banks in the US, as it expands internationally.
ECB’s Intraday Liquidity Framework Brings Clarity, but Execution Remains a Challenge for Banks
- 1 week 6 hours ago
- Banking
Banks are facing mounting challenges in implementing the European Central Bank’s (EBC’s) new intraday liquidity guidelines, according to industry feedback gathered by Planixs, the leader in real-time liquidity management solutions.
Topicus Unveils Akkuro: The Next-Generation Composable Banking Platform That Sets a New Benchmark for the Financial Industry
- 1 week 6 hours ago
- Banking
In a bold move reshaping the future of finance, Topicus proudly announces the launch of Akkuro, a cutting-edge composable banking platform set to revolutionize how financial institutions innovate, scale, and serve their customers.
SmartStream and Finastra Form Strategic Partnership to Meet Growing Demands for Collateral Management
- 1 week 1 day ago
- Banking
SmartStream announces that it has partnered with Finastra, another global provider of financial services software applications, to extend collateral management workflows across Treasury and Capital Markets, with special focus on MEA and APAC regions. This collaboration offers a robust and cost-effective path for financial institutions to navigate workflows and regulations with SmartStream’s comprehensive collateral management solution, with the... more
ClearBank Expands Banking Services for Kraken’s UK Operations
- 1 week 1 day ago
- Banking
ClearBank, an enabler of real-time clearing and embedded banking, today announced a new regional partnership with Kraken, one of the world’s longest-standing, most liquid and most secure digital asset platforms. The extended partnership sees ClearBank provide Kraken’s UK based clients with GBP clearing services enabling seamless on and off ramps into the digital exchange ecosystem.
New RS2 Whitepaper Reveals How Legacy Systems Are Stifling Bank Innovation
- 1 week 2 days ago
- Banking
A new whitepaper by global payments processor and technology provider, RS2, has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems.
Grasshopper Bancorp, Inc. Announces Completion Of Grasshopper Bank’s Merger With Auto Club Trust, FSB
- 1 week 3 days ago
- Banking
Grasshopper Bancorp, Inc. today announced the completion of its previously announced merger of its wholly owned subsidiary, Grasshopper Bank, N.A. (“Grasshopper Bank”), with Auto Club Trust, FSB (“Auto Club Trust”) in a cash and stock transaction.
The Prudential Regulation Authority Proposes Raising FSCS Deposit Protection Limit To £110,000
- 1 week 3 days ago
- Banking
The Prudential Regulation Authority (PRA) has today proposed to raise the deposit protection limit of the Financial Services Compensation Scheme (FSCS) from £85,000 to £110,000. The deposit protection limit – which represents the maximum amount of money the FSCS typically protects should a depositor’s bank, building society or credit union become insolvent – has been set at £85,000 since 2017.
