1 in 3 UK Adults Now Focused on Savings Despite Over 13.7 Million Having Less Than £1,000 in the Bank, Finds Gatehouse Bank
- 1 year 5 months ago
- Islamic Finance
Gatehouse Bank, the Shariah-compliant challenger bank, has today released new research demonstrating that the UK’s money mindset is shifting towards saving. The research looked at UK adults’ attitudes to money, assessing the key factors that influence them, why they look to save or spend their money and what might cause a shift in this mindset.
The Nomura Trust & Banking Co., Ltd. Successfully Goes Live on the nCino Cloud Banking Platform
- 1 year 5 months ago
- Banking
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that The Nomura Trust & Banking Co., Ltd. (Nomura Trust), a Japanese trust bank and wholly-owned subsidiary of Nomura Holdings, Inc., has successfully implemented and is live on the nCino Cloud Banking Platform.
BIAN Develops New 'Coreless Banking' Concept Advancing Banking Technology
- 1 year 5 months ago
- Banking
BIAN, the independent not-for-profit standards association, has today announced the third iteration of its ‘Coreless Banking’ initiative, an API-based services architecture designed t
Synchrony Celebrates Art and Sustainability with Grand Inauguration in Hyderabad
- 1 year 5 months ago
- Banking
Synchrony, a premier consumer financial services company with a rich history spanning over two decades in Hyderabad, proudly presents a fusion of innovation, sustainability, and artistic expression with the inauguration of a remarkable electronic waste art masterpiece at the Raidurg Metro Station.
DIGISEQ Partners with ekko to Embed Sustainability and Positive Planet Impact into Wearable Devices
- 1 year 5 months ago
- Alternative Finance
DIGISEQ, the wearable payments tech pioneer, has today announced its partnership with ekko, the global embedded sustainability fintech, bringing ekko’s carbon tracking, offsetting and positive planet impa
Varo Bank Extends Partnership with Temenos in the Cloud
- 1 year 5 months ago
- Banking
Temenos today announced that Varo Bank, N.A., the first all-digital, nationally chartered consumer techbank in the US, has extended its relationship with Temenos. Temenos Banking Cloud enables Varo to scale based on customer demands, deploy new products quickly, and drive down operational costs substantially. This has helped the bank to bring innovative products to market faster and at scale to meet the surge in digital banking.
Nucleus Financial to Acquire Curtis Bank
- 1 year 5 months ago
- Banking
Nucleus Financial Platforms (Nucleus), one of the UK’s leading independent adviser platforms, is pleased to announce that its acquisition of the Curtis Banks Group (Curtis Banks) has received all necessary regulatory approvals.
CLS Adds Three Clients to its Cross Currency Swaps Service
- 1 year 5 months ago
- Banking
CLS, a market infrastructure group delivering settlement, processing and data solutions, today announces that three settlement members, including Barclays Bank and Danske Bank, have enrolled in its cross currency swaps (CCS) settlement service. They are joining a growing community of settlement members on the service, including some of the world’s largest banks. The service has witnessed continued growth in recent months, with a 38% year-on-year... more
ila Bank’s ‘alburaq' Offers a New Islamic Banking Experience in Bahrain
- 1 year 5 months ago
- Islamic Finance
Bank ABC’s commitment to digital disruption remains resolute, as its retail arm ila Bank successfully launched Bahrain’s exclusively digital, Shari’a-compliant banking offering for individual customers - ‘alburaq.’ Introduced in May 2023, this new Islamic banking experience from ila Bank brings customers a host of intuitive Shari’a compliant banking products and services at their fingertips through ila’s multi-faceted, state-of-the-art mobile... more
Adyen Granted UK Banking Authorisation
- 1 year 5 months ago
- Banking
Adyen, the global financial technology platform of choice for leading businesses, today announced that its UK branch has been granted authorisation as a UK bank. This is granted by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) under Part 4A of FSMA 2000.
nCino’s Cloud Banking Platform Streamlines Dodd-Frank 1071 Compliance Support for Financial Institutions
- 1 year 5 months ago
- Online Banking
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced enhancements to its Small Business Banking Solution.
Saxo Bank Completes Sale of Fintech Joint Venture to Geely Group
- 1 year 5 months ago
- Banking
Saxo Bank is pleased to announce the successful completion of its transaction involving the sale of Saxo Geely Tech Holding A/S (Saxo Fintech) to Geely Financials Denmark. All relevant agreements have been duly signed, formalising the closing of this transaction. As part of this transaction, Saxo Bank receives its own shares in return - equivalent to approximately 2% of the outstanding Saxo Bank shares.
Weavr’s Whitepaper Highlights Huge Appetite for Embedded Finance Amongst UK Banks
- 1 year 5 months ago
- Alternative Finance
Drawing insights from independent research, including a survey of 250 executives and managers from UK banks or financial firms, Weavr’s whitepaper provides a comprehensive look at current attitudes towards, and actions to develop, embedded-finance offerings by UK financial institutions. Amongst the key findings, the research found:
NORD/LB Leverages Continuous Integration for Latest MX.3 Upgrade
- 1 year 5 months ago
- Banking
NORD/LB Norddeutsche Landesbank, a leading renewable energy financier, has gone live on a new version of the MX.3 platform using Murex continuous integration solutions and services. NORD/LB capital markets activity relies on the MX.3 platform for front office, enterprise risk management—limit control, credit risk and stress testing—and back office, including collateral and accounting.
Increased Accessibility is the Biggest Driver for European Consumers Using Embedded Financial Services
- 1 year 5 months ago
- Alternative Finance
Easier access to financial services in comparison to traditional banks is a key reason for 41% of consumers turn to embedded financial services, according to a new study by Solaris and Roland Berger. The ‘Disrupting the value chain for financial services - How to drive revenue growth with embedded finance’ study composed the views of 1600 consumers equally split across the four major European markets: Germany, Italy, Spain and France.