Flutterwave Named ‘Fintech of the Year’ at the African Banker Awards
- 2 years 4 months ago
- Banking
Flutterwave, Africa’s leading payments technology company has been named ‘Fintech of the Year’ at the African Banker Awards, held in Nairobi, Kenya, on the sidelines of the African Development Bank Annual Meetings. This recognition highlights Flutterwave’s contributions to the financial technology sector and its unwavering commitment to fostering economic growth and financial inclusion across the African continent.
Commerzbank Completes FX, FX Derivatives, Equities and Commodities Migration to Murex MX.3 Platform
- 2 years 4 months ago
- Banking
Commerzbank has completed a strategic migration and simplification of its global FX, FX derivatives, equities and commodities activity, streamlining trading and risk in Murex’s integrated MX.3 platform.
Stanbic Bank Kenya Partners with Orion Innovation for Strategic Modernization
- 2 years 4 months ago
- Banking
Orion Innovation ("Orion"), a leading digital transformation and product development services company, today announced that it has signed an agreement with Stanbic Bank Kenya to facilitate an upgrade and modernization effort of basic banking services.
Banc of California’s Build@Banc Supports Startups from Seed Investment to IPO
- 2 years 4 months ago
- Banking
Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today the launch of Build@Banc, a service dedicated to providing tailored banking solutions to seed and early-stage innovative startups. The Build@Banc team also provides guidance and resources to help founders choose the right banking solutions and offers introductions to its well-established network of investors and advisers.
Tandem Rewards Savings Customers with Top Up Launch
- 2 years 4 months ago
- Banking
Building the UK’s greener digital bank, Tandem has increased its 1 year fixed saver rate to 5.12%, making it one of the leading rates available today. A saver who deposits £1,000 with Tandem could see a balance after the 1-year term of £1051.20.
Zopa Enters £23 Billion Renewable Energy Market With Octopus Energy Deal
- 2 years 4 months ago
- Banking
Zopa Bank has entered the UK’s £23 billion renewable energy market, making its suite of fully regulated BNPL and retail finance products available to Octopus Energy customers across the UK. The deal will see Zopa finance the purchase and installation of Octopus solar panels for the energy giant’s millions of UK customers, spread out in up to 84 installments over 7 years. Octopus is the UK’s largest electricity supplier.
UK Sector Growth Resilient in April, Despite Increased Cost Pressures
- 2 years 4 months ago
- Banking
The number of growing UK sectors remained resilient in April, despite cost pressures spreading across the economy, according to the latest Lloyds Bank UK Sector Tracker. In April, eight of the 14 UK sectors monitored by the Tracker saw output growth – one fewer than in March (nine), but still more than the monthly average in 2023 (seven).
EDB Receives Prestigious Recognition for Regional Leadership in Digital Innovation and Transaction Services
- 2 years 5 months ago
- Banking
Emirates Development Bank ("EDB" or "the Bank") continues to solidify its position as a regional leader that delivers innovative digital offerings and tech-forward transaction banking solutions, giving customers the best possible experiences while enabling efficient and safe cross-border business operations.
Temenos Awards Celebrate Client Innovation and Success at Flagship Event
- 2 years 5 months ago
- Banking
Temenos today announced its 2024 Customer Award Winners at the Temenos Community Forum in Dublin. In line with the theme of this year’s event, the awards recognize those challenging, innovating and succeeding in the banking industry.
Chiba Bank Selects Moneythor to Revolutionise Personalised Banking Experiences for Over One Million Customers
- 2 years 5 months ago
- Banking
Moneythor, the leading provider of real-time, personalized engagement and loyalty solutions for banks and fintech firms today announced that it has been selected by Chiba Bank, one of the leading regional banks in Japan, to bring real-time personalised experiences to its customers and enhance customer engagement.
Cache Valley Bank Accelerates Its Digital Growth Strategy with Finastra
- 2 years 5 months ago
- Banking
Finastra today announced that Cache Valley Bank, a community bank with $2.9 billion in assets serving Utah and Southern Idaho, has expanded its collaboration with the financial software provider, gaining increased flexibility and agility through its cloud-based solutions.
Banking Circle Helps Smaller Banks Fast-Track to Comply With EU SEPA Instant Mandate
- 2 years 5 months ago
- Banking
On 7th February 2024 the European Parliament mandated that instant payments (in less than 10 seconds) should be the de facto standard for consumers and businesses in the SEPA zone, with a deadline set of 9th January 2025 to deliver this service. For smaller banks with already stretched IT and development resources, less than 12 months to make significant infrastructure changes could be a step too far. Recent insight suggests that more than 40%... more
Wirex Chooses OpenPayd to Launch Embedded Accounts Across UK and EEA
- 2 years 5 months ago
- Banking
Today, leading embedded finance and Banking-as-a-Service (BaaS) platform, OpenPayd announces its partnership with Wirex, a prominent Web3 money app, to provide named virtual IBANs to its customers across the UK and European Economic Area (EEA) strengthening Wirex’s core mission to provide easy, fast and secure payment metho
Presidents Choice Financial® Selects Temenos to Expand Banking Business
- 2 years 5 months ago
- Banking
Temenos today announced that President's Choice Financial® (PC Financial®), part of Loblaw Companies Limited – Canada’s leading food and pharmacy retailer, has selected Temenos to extend its reach into the Canadian banking market. PC Financial® will adopt Temenos retail core banking solution as SaaS on Microsoft Azure, enabling it to scale products and expand its banking proposition rapidly.
Temenos Introduces Temenos Positions to Transform Banking Operations
- 2 years 5 months ago
- Banking
Temenos today introduced Temenos Positions, a financial processing solution designed to transform banking operations for institutions with complex, multi-core systems across multiple lines of business in both Retail and Corporate banking.
