UK Savings Week: LHV Bank Launches New Fixed Rate ISA at 4.30% on Hargreaves Lansdown Active Savings Platform
- 9 months 4 hours ago
- Banking
Marking UK Savings Week, LHV Bank, one of the UK's newest licenced banks, has launched a new Fixed Rate ISA. Offering an attractive interest rate of 4.30% per annum, the new ISA is available exclusively through Hargreaves Lansdown’s Active Savings platform.
UK Trust in Banks Trails Europe and the US, with Concerns Over Fraud and Safety of Financial Information
- 9 months 4 hours ago
- Banking
UK consumers have some of the worst trust levels in banks and financial providers when it comes to keeping their data safe, significantly lower than in Europe and the US. The new findings from CRIF, Europe’s leading provider of consumer and business credit information, reveal that just 53% of Brits trust their bank or provider to look after their data.
Judo Bank Upgrades Its Lending Business Banking Platform with Thought Machine Technology
- 9 months 1 day ago
- Banking
Thought Machine, the cloud-native banking technology company, today announces that its client Judo Bank, Australia's first purpose-built challenger bank for small and medium businesses (SME), has successfully migrated its lending business to Vault Core, Thought Machine’s cloud-native core banking platform, and is operating live.
Visa Boosts Consumer Protection with Smarter Bank Transfer Payments
- 9 months 5 days ago
- Banking
Visa today announced that it is applying the company’s infrastructure, technology and capabilities to account-to-account (A2A) payments, giving consumers more control and protection on how they pay via bank transfers.
FCA Sets Out Steps to Improve Access to Bank Accounts
- 9 months 5 days ago
- Banking
The FCA has recognized that banks, building societies and payment firms are trying to support customers to access accounts and is encouraging them to build on examples of existing good practice, such as working with homeless charities to tailor their support to the needs of customers in vulnerable circumstances.
MidwestOne Bank Streamlines Customer Onboarding with Temenos
- 9 months 6 days ago
- Banking
Temenos today announced today that MidWestOne Bank, a community bank headquartered in Iowa with approximately 140 thousand customers and branches across 4 states, has gone live with Temenos Digital Onboarding as SaaS on Amazon Web Services (AWS). The SaaS solution was implemented for MidWestOne by RCG Global Services, a Temenos Delivery Partner in North America.
Levi9 and ABN AMRO Clearing Bank Announce Collaboration
- 9 months 1 week ago
- Banking
ABN AMRO Clearing Bank (AACB) is a global player in clearing, custody, financing and risk management for multiple financial markets. AACB is active on the international capital markets where innovation and digitalisation are crucial. Levi9 is a high-end company specializing in software, product development, and digital strategy.
Report: Nearly 80% of European Banks Are in the Process of Leaving Legacy Cards Platforms
- 9 months 1 week ago
- Banking
A new study released by Tietoevry has found that 79% of banks in Europe are currently in the process of modernizing away from legacy card platforms. This is up from 60% two years before, reflecting the acknowledgment that banks must update their systems in order to meet the demands for faster, smoother, and safer payments experiences.
Waafi Bank Selects the Bank of London as Its UK Banking Services Provider
- 9 months 1 week ago
- Banking
The Bank of London today announces it has been selected by Waafi Bank, a start-up bank based in Malaysia, as its banking services provider to support its plans to enter the UK with its Shariah-compliant banking offering. Founded in 2020, Waafi’s vision is ‘to bring Islamic banking to every corner of the globe’ and provide Muslims with access to financial solutions that align with their faith.
10x Partners with SunTec Business Solutions to Enable Banks to Offer Personalized and Contextual Products to Their Customers
- 9 months 1 week ago
- Banking
10x Banking, the cloud-native core banking platform, has today announced a strategic partnership with SunTec Business Solutions, the world’s leading relationship-based pricing and billing provider, to enable banks to offer personalized and contextual products, services and offers to their customers, across Corporate, SME and Retail Banking.
Advapay Partners with ICT Misr for Core Banking Solutions in Egypt & Libya
- 9 months 1 week ago
- Core Banking
Advapay, a provider of core banking and digital banking software for fintech companies, is pleased to announce an exclusive partnership with ICT Misr, a prominent IT consultancy firm and systems integrator headquartered in Egypt. This strategic collaboration will enable Advapay to expand its reach and offer solutions to customers in Egypt and Libya.
Surety Bank Chooses the Apiture Digital Banking Platform to Power Online and Mobile Banking
- 9 months 2 weeks ago
- Banking
Apiture, a leading provider of digital banking solutions, today announced that Surety Bank, a Florida-based community bank with customers nationally, has selected the Apiture Digital Banking Platform to power online and mobile banking for its commercial and retail customers.
Lincoln Savings Bank (LSB) Joins American Fintech Council (AFC)
- 9 months 2 weeks ago
- Banking
The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of Lincoln Savings Bank (LSB) as its newest member. Founded in 1902, LSB is owned and managed by Iowans and offers full-service community banking and financial services, in addition to fintech and banking as a service offerings through its LSBX division.
German Commerzbank AG to Open Baltic Representative Office in Lithuania
- 9 months 2 weeks ago
- Banking
Commerzbank AG, one of Germany’s oldest financial institutions, has announced plans to open a Representative Office in Vilnius. The new Representative will serve as the hub for the three Baltic States Estonia, Latvia, and Lithuania. Specifically, Commerzbank will focus on trade and project finance in the region. Additionally, the deepening of the cooperation with the public sector and local financial services industry is a key priority.
Baton Systems Transforms Bank Treasury with Real-Time Liquidity Management
- 9 months 2 weeks ago
- Banking
Baton Systems, a global capital markets tech provider orchestrating the optimised settlement of $20-30 billion (USD) in asset value daily, has introduced new treasury management tools designed to optimise intraday liquidity, reduce costly buffers, and mitigate risk in real-time. The new liquidity management capabilities offer firms a means to dramatically reduce their financing costs which have been elevated by interest rate normalisation.
