Ocean Bank Chooses NCR Atleos Allpoint Network
- 7 months 3 weeks ago
- Banking
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $6.4 billion-asset Ocean Bank has selected Atleos’ Allpoint Network to support its growth while widening customers’ access to cash and financial services.
Signicat Launches Open Banking Hub for Global Bank Account Verification and Affordability Check
- 7 months 3 weeks ago
- Banking
Signicat, the pan-European leader in digital identity, launches its Open Banking Hub. In addition to Signicat’s extensive suite of remote identity verification methods, the Open Banking Hub responds to organisations' need to perform consented, reliable and secure methods to prove a person’s personal information.
TotallyMoney Launches Current Account Comparison, Helping Customers Find the Best Bank for Their Needs
- 7 months 3 weeks ago
- Banking
TotallyMoney has announced the launch of a new current account comparison service, to help its five million customers find the best bank for their own personal needs: TotallyMoney data shows just one in five people have opened a new current account in the past 12 months, and half have been with the same bank for more than 4 years*
Tink Launches Merchant Information to Give Consumers Full Transaction Visibility
- 7 months 3 weeks ago
- Banking
Tink, a Visa Solution, has today launched ‘Merchant Information’ to provide consumers with a more detailed overview of their transactions.
Complytek and Advapay Partner to Deliver Scalable Core Banking Solutions with Advanced AML Compliance for Fintech Companies
- 7 months 3 weeks ago
- Core Banking
Complytek, a leader in AML compliance solutions, and Advapay, a specialist in core banking systems, have partnered to offer fintech companies a complete end-to-end solution—ensuring that businesses can grow their business while remaining fully compliant with local and global regulations.
Temenos Signs Multi-Country Model Bank Development Agreement with Bahwan CyberTek
- 8 months 1 day ago
- Banking
Temenos today announced that it has signed a Multi-Country Model Bank development agreement with Bahwan CyberTek (BCT), a global digital transformation company. Temenos Country Model Banks offer financial institutions a faster go-live experience with Temenos solutions, while simultaneously reducing costs and risks through pre-configured banking functionality and country-specific localization.
Bybit Launches Shariah-Compliant Islamic Account for Muslim Crypto Traders
- 8 months 2 days ago
- Cryptocurrencies, Islamic Finance
Bybit has launched an Islamic Account designed for Shariah-compliant crypto trading, responding to the rising demand for Islamic finance solutions in the cryptocurrency market. The account, which was introduced on September 24, 2024, allows Muslim traders to engage in spot trading for 75 cryptocurrencies and utilize trading bots like DCA and Spot Grid Bot. Certified by ZICO Shariah and CryptoHalal, the account ensures compliance with Islamic... more
Banks Believe They’re Eight Months Behind Criminals but Are Confident They Can Catch Up. Really?
- 8 months 2 days ago
- Banking
New research from RedCompass Labs, a world leader in payments modernization and financial crime red flags, reveals that US banks believe they are eight months behind criminals, with the largest institutions believing the gap is as wide as 23 months.
Fibabanka Launches Türkiye’s First BaaS Platform in Partnership with GetirFinans
Fibabanka, a leading player in Türkiye’s banking sector, has launched the country’s first Banking as a Service (BaaS) model through an innovative collaboration with GetirFinans, which received a total of $70 million in investment last year at a valuation of $250 million. This partnership, a significant step in Fibabanka’s broader strategy to expand its BaaS platform, provides non-banking businesses with the infrastructure to offer tailored... more
BofA to Open More Than 165 Financial Centers by End of 2026
- 8 months 2 days ago
- Banking
Over the last 10 years, Bank of America has been expanding its financial center network, opening locations nationwide in new and existing markets. The bank is on track to open more than 165 new centers across 63 markets by the end of 2026, including nearly 40 this year. This is in addition to the more than 100 centers the company opened over the last two years.
Backbase Unveils Intelligence Fabric to Unlock AI-Productivity Gains for Banks
- 8 months 2 days ago
- Banking
Backbase is excited to announce a major expansion of the Engagement Banking Platform with the introduction of the Intelligence Fabric layer, a powerful set of data and AI infrastructure and development capabilities that are now natively embedded in the platform.
BNY Releases The Voice of Community Banks Survey
- 8 months 4 days ago
- Banking
The Bank of New York Mellon Corporation, a global financial services company, released today the results of a 2024 survey of community banks that it conducted with the Harris Poll, a global market research firm.
BNP Paribas Signs an Agreement with HSBC for the Acquisition of Their Private Banking Activities in Germany
- 8 months 4 days ago
- Banking
BNP Paribas announces today that it has signed an agreement with HSBC for the acquisition of their Private Banking activities in Germany, with the ambition to position BNP Paribas Wealth Management among the top leading players in Germany and bringing its AuM1 to more than €40bn.
Revolut Reaches 10 Million Customers in the UK
- 8 months 1 week ago
- Banking
Revolut, the global financial technology company has today announced it has reached ten million customers in the UK. Revolut’s largest market, and where the company was founded in 2015 has added nearly two million UK customers so far in 2024 and continues to grow. Revolut has over 45 million customers globally.
Bank of England Holds Interest Rates
- 8 months 1 week ago
- Banking
The Bank of England is expected to maintain current interest rates on Thursday as it waits for clearer indications that inflation risks are under control. Instead, attention will shift to decisions regarding bond sales, which may influence Finance Minister Rachel Reeves’ upcoming first budget. While British inflation remained stable in August, it accelerated in the crucial services sector, leading analysts to anticipate a slower decline in... more
