Investment Banks Wasting Millions on Underutilised Software
- 1 month 1 week ago
- Banking
New research from document automation business UpSlide reveals that the investment banking sector is wasting millions on underutilised and badly managed software. With investment banks waiting nervously for the new government’s Autumn Statement later this month following a period of macroeconomic uncertainty, investment banks are cutting IT budgets and placing greater emphasis on return on investment (ROI).
Capital One Partners with Minna Technologies to Become the First Major U.S. Credit Card Issuer to Offer Subscription Management Tools in Its Banking App
- 1 month 1 week ago
- Banking
In a U.S. market first, Capital One has partnered with Minna Technologies to offer new subscription management tools directly in the bank’s mobile app, enabling its credit card customers to view and manage subscriptions from major merchants, including leading streaming media, publishing and retail brands.
Zafin Strengthens Collaboration with Microsoft, Advancing Bank Modernization with Azure AI
- 1 month 1 week ago
- Banking
Zafin, a global provider of SaaS core modernization and transformation solutions for banks, announced today the extension of its worldwide strategic collaboration with Microsoft. This extension advances Zafin’s technological capabilities, continuing to position the company as a major player in core banking modernization and innovation, running on Microsoft Azure.
Finastra and LPBank Modernize Treasury Management Operations in Record Time
- 1 month 1 week ago
- Banking
Finastra, a global provider of financial services software applications, has announced the implementation of its front-to-back treasury solution, Kondor, at Fortune Vietnam Joint Stock Commercial Bank (LPBank) to modernize the bank’s treasury management operations and capabilities. This strategic collaboration is part of LPBank’s concerted effort to accelerate its digital transformation strategy and enhance its competitiveness in the market.
Lowell Enhances Its Debt Collection Operations with a New Three-Year SaaS Partnership Extension with Tietoevry Banking
- 1 month 1 week ago
- Banking
Lowell, one of the largest credit management companies in Europe, has signed a 3-year extension of its contract with Tietoevry Banking for Collection Suite Nova, the market leading end-to-end collection solution driving growth. The new contract ensures continued use of Collection Suite Nova delivered as Software as a Service (SaaS) from Tietoevry’s private cloud. The agreement covers service in Sweden.
SoFi Technologies to Adopt Galileo’s Cyberbank Core for New Commercial Payment Services Sponsor Banking Program
- 1 month 1 week ago
- Banking
SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that empowers members to borrow, save, spend, invest, and protect their money, today announced its adoption of Galileo’s modern, cloud-based Cyberbank Core to power
Bank of Hawaiʻi Expands NCR Atleos Partnership to Strengthen Self-Service Banking
- 1 month 1 week ago
- Banking
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has expanded its longstanding relationship with Bank of Hawaiʻi. The bank has selected Atleos’ ATM as a Service (ATMaaS) solution to transform the self-service banking channel.
Zenus Bank Partners with Tuum to Launch Global Banking-as-a-Service Platform
- 1 month 1 week ago
- Banking
Tuum, a next-generation core banking provider, is proud to announce that Zenus Bank has successfully gone live with Tuum’s Accounts and Payments modules integrated seamlessly with their proprietary technology and existing vendors. This significant milestone aligns with Zenus’ mission to create a global Banking-as-a-Service (BaaS) platform, allowing banks, fintechs, super apps, and businesses from around the world to embed U.S.
Invex Ventures Acquires Leading Fintech Infrastructure Platform Manigo
- 1 month 1 week ago
- Banking
Manigo, a London-based fintech infrastructure platform, today announces that it has been acquired by established Fintech investment firm Invex Ventures.
Standard Chartered Has Introduced Straight2Bank Autoquote
- 1 month 2 weeks ago
- Banking
Standard Chartered has announced the introduction of Autoquote, a new digital request for quote (RFQ) module available on its Straight2Bank Next Gen, the bank’s digital banking platform. The new digital capability offers its clients globally the ability to request pricing quotations for their letters of credit (LCs) confirmation and discounting/negotiation and receive a digital response on demand, from anywhere and at any time.
Lakeside Bank Adds Real-Time Payments and Enhances SWIFT Processing With Volante Technologies
- 1 month 2 weeks ago
- Banking
Volante Technologies, the global leader in Payments as a Service (PaaS), today announced that Lakeside Bank, a leading community bank with over $2.64 bi
Link FX And Time Machine Capital Squared (TMC2) Forge Strategic Partnership To Develop AI-Led Banking Platform
- 1 month 2 weeks ago
- Artificial Intelligence, Banking
Link FX, following its recent investments and acquisitions, announces the creation of a cutting-edge AI-driven platform that will transform the UK’s money services industry in a newly formed partnership with Time Machine Capital Squared (TMC2), an award-winning London-based AI lab specialising in cash management, payments, and foreign exchange services.
Deutsche Bank Launches Next Generation Correspondent Banking Solutions With The Introduction Of dbX
- 1 month 2 weeks ago
- Banking
Deutsche Bank’s Institutional Cash and Trade announces the launch of dbX, paving the way for its next-generation, fully integrated correspondent banking ecosystem. dbX will give financial institutions (FI clients) access to new and enhanced functionalities designed to better leverage the bank’s thought leadership, investment, and extensive global network.
Valley Bank Receives a 2024 Impact Award in Commercial Banking From Datos Insights With NayaOne
- 1 month 2 weeks ago
- Banking
Valley Bank announces it has been selected by Datos Insights, a global advisory firm in the Financial Services industry, as the winner of the 2024 Impact Award in Commercial Banking for Operational Efficiency. This is in recognition of Valley’s implementation of a new proof of concept platform, powered by NayaOne, that accelerates the evaluation of new financial products and services in a secure environment.
Banked Gains Foothold on Australia’s Real-Time Payments Market With the Acquisition of Waave, Sparking Strategic Partnership With Chemist Warehouse
- 1 month 2 weeks ago
- Banking
In a landmark deal set to put the spotlight on the continued global adoption of real-time account-to-account payments, Banked, a leading global Pay by Bank provider, today announced its acquisition of Australian payment technology firm Waave.
