NatWest Group: Purchase of Sainsbury’s Bank Assets & Liabilities
- 5 months 1 week ago
- Banking
Natwest Group plc (“NatWest Group”) today announces that it has entered into an agreement with Sainsbury’s Bank plc (“Sainsbury’s Bank”) to acquire the retail banking assets and liabilities of Sainsbury’s Bank which comprises its outstanding credit card, unsecured personal loan and saving accounts.
Bank Execs See Attracting Gen Z as One of the Biggest Challenges of the Year
- 5 months 1 week ago
- Banking
More than half (57%) of banking executives surveyed across the UK say that attracting young consumers is one of the biggest challenges they are facing in the next twelve months, according to new research released by Tink, a market-leading data enrichment and payment services platform. An estimated two thirds (67%) say it is a vital part of future proofing their business, with 50% believing it is key to remaining competitive.
First Abu Dhabi Bank (FAB) Bolsters CLM Operations with Fenergo
- 5 months 1 week ago
- Banking
Fenergo, the leading provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring, and Client Lifecycle Management (CLM), announces today that First Abu Dhabi Bank (FAB) the largest bank in the United Arab Emirates (UAE), has integrated Fenergo’s software-as-a-solution (SaaS) CLM solution to speed up client onboarding and enhance its anti-money laundering (AML) compliance processes.
Number of Growing Sectors Highest in 15 Months
- 5 months 1 week ago
- Banking
According to the latest Lloyds Bank UK Sector Tracker, more parts of the UK economy grew in May than at any time in the last 15 months. While the overall rate of output growth across the economy slowed marginally in May (53.0 vs. 54.1 in April), 11 out of the 14 UK sectors monitored by the Tracker reported output growth – up from eight in April and the most since February 2023.
Ageras Enters Into an Exclusive Agreement with Societe Generale to Acquire Shine and Become One of the Leading European Providers of Banking and Accounting Software for SMEs
- 5 months 1 week ago
- Banking
Ageras, a leading provider of accounting software, banking, and admin tools for more than 300,000 active SME customers in France, Germany, The Netherlands and Denmark, today announced that it has entered into an exclusive agreement with Societe Generale to acquire Shine, a leading French SME fintech.
Atom Bank Records Best Year Since Launch
- 5 months 1 week ago
- Banking
Atom bank, the UK’s first app-based bank, has today announced its strongest ever financial results, driven by a significant increase in lending while keeping costs exceptionally low. Operating profit grew to £27m, a 600% increase on last year, with costs up just 4%, demonstrating the success of its efficient, sustainable and scalable business model. Atom’s low-cost and scalable model
77% of UK Bank Innovation Leaders Say Challenging the Status Quo Can Put Careers at Risk, Finds SaaScada
- 5 months 1 week ago
- Banking
NextGen data-driven core banking engine, SaaScada, today launched a new report – Core Banking Modernisation: The Pitfalls and The Promises – showing UK banks are failing to get the full value from their cloud-based core banking systems due to underestimating cultural challenges, poor planning, and cloud tech impostors.
Glia Brings Unified Interactions to NCR Voyix’s Mobile Banking App
- 5 months 1 week ago
- Mobile Banking
Glia, a leader in customer interaction technology, has successfully integrated its unified interaction capabilities into the mobile version of NCR Voyix's Digital Banking platform. With the partnership, Glia and NCR Voyix are delivering the flexibility and choice needed for banks and credit unions to enhance loyalty and compete in today's digital-first world.
CBA Reimagines Banking for Australian Businesses, Introduces Loyalty Program
- 5 months 1 week ago
- Banking
Commonwealth Bank of Australia (CBA) has today announced new products, services and features for business customers, aimed at meeting more of their banking needs.
Nexi and Engineering Group: NOVA, Advanced Digital Banking Platform, Is Born
- 5 months 1 week ago
- Banking
Nexi, the leading European PayTech, and Engineering Group, international leader in the digitalization of processes for businesses and Public Administration, will develop a business partnership in digital banking and give life to NOVA, a technology platform designed for different business segments from SMEs to Large Corporate, characterized by a configurable service portfolio and a modular, natively open and cloud-oriented architecture.
Mastercard and Thought Machine Accelerate Core Banking Capabilities, Providing Seamless Payment Experiences
- 5 months 1 week ago
- Core Banking
Mastercard and Thought Machine, a cloud-native banking technology company, are advancing their partnership to deliver high-quality payments and core banking (critical back-end technology for product and account management and the customer ledger) capabilities to financial institutions looking to modernise their technology stack.
BridgeFund Partners with Mambu to Bring Working Capital to More SMEs
- 5 months 2 weeks ago
- Banking
BridgeFund, a challenger SME lender based in Amsterdam, chooses Mambu to fulfil its mission of bridging the financial needs of entrepreneurs. By utilising Mambu’s cloud banking platform, BridgeFund can build its deposit, and soon, lending offerings with reliability and ease, while scaling in the Dutch market and beyond.
Eurobank Cyprus Goes Live on Temenos for Digital and Core Banking
- 5 months 2 weeks ago
- Core Banking
Temenos today announces that Eurobank Cyprus, the country’s third largest bank with deposits exceeding €7bn, has gone live on Temenos, completing a full IT refresh of its core and digital banking systems. The move further strengthens the bank’s customer services and competitive position as the primary bank of choice across affluent, international, corporate and wealth management segments.
10x Banking Announces A New Alliance With Deloitte To Enable Digital Transformation In The Mutual Sector Across Australia
- 5 months 3 weeks ago
- Banking
10x Banking, the transformational cloud-native SaaS core banking platform has announced a new alliance with Deloitte Australia to further strengthen cooperation in delivering technology-enabled transformation to mutuals.
AlHuda CIBE Established Talent Acquisition Platform to Bridge the Islamic Finance Industry's Skill Gap
- 5 months 3 weeks ago
- Islamic Finance
AlHuda CIBE UAE, a leading Islamic Finance Advisory, consultancy, research, capacity building, and Shariah services provider institution, today announced the establishment of a dedicated Talent Acquisition Platform. This initiative aims to address the growing demand for qualified and Shariah-compliant human resources within the global Islamic finance industry.
