Barclays Announced As Newest FinTech Wales Partner
- 3 months 2 weeks ago
- Banking
Barclays has become the latest organisation to partner with FinTech Wales, the independent membership association dedicated to supporting the FinTech and Financial Services industry in Wales.
AlHuda CIBE Signs Strategic Cooperation Agreement With Uzbek Industrial And Construction Bank (SQB) In Dubai, UAE
- 3 months 2 weeks ago
- Banking
AlHuda Centre of Islamic Banking and Economics (CIBE) has entered into a landmark Cooperation Agreement with JSCB “Uzbek Industrial and Construction Bank” during a prestigious signing ceremony held in Dubai, UAE. This momentous occasion marked a significant step towards fostering collaboration in Islamic banking and finance between the two entities. The agreement was signed by Mr. Muhammad Zubair, Managing Director of AlHuda CIBE, and Mr.
Conister Launches New Fully Digitalised Deposit System
- 3 months 2 weeks ago
- Banking
Conister Bank Limited, part of Manx Financial Group PLC (AIM:MFX), is delighted to announce the launch of a new easy-to-use online deposit system for its UK retail customers. The launch follows the success of its digital distribution channel on the Isle of Man, which now accounts for over 70% of the bank’s lending.
Gate City Bank Selects Lama AI To Transform Business Lending With GenAI-Powered Origination Platform
- 3 months 2 weeks ago
- Banking
Gate City Bank, the leading regional financial institution with locations across North Dakota and Minnesota, announced its partnership with Lama AI, an award-winning provider of GenAI-powered loan origination solutions. By implementing Lama AI's full suite of business banking capabilities, Gate City Bank will leverage cutting-edge technology to elevate business lending operations, delivering a seamless borrower experience and unlocking growth... more
British Business Bank Agrees £150M ENABLE Build Transaction With Specialist Bank Shawbrook
- 3 months 2 weeks ago
- Banking
The British Business Bank has agreed an ENABLE Build transaction of up to £150m with specialist bank Shawbrook to increase the amount of development finance it provides to UK smaller housebuilders. Shawbrook has surpassed £2bn of lending to UK property developers, creating over 8,000 new homes. The guarantee is expected to further support over £300m of finance to help fund the creation of new homes across England and Wales over its lifetime.
10x Banking And DLT Apps Enable Banks To Manage Complex Data Migrations With Confidence And Speed, Driven By AI
- 3 months 2 weeks ago
- Banking
10x Banking, the cloud-native core banking platform, and DLT Apps, a leader in innovative solutions for data migration, have partnered to leverage AI to set a new standard in the banking industry's digital transformation efforts.
In 2024, Finora Bank’s Loan Portfolio Grew By 38%
- 3 months 2 weeks ago
- Banking
In 2024 Finora Bank recorded unprecedented growth. The loan portfolio provided to business clients increased by more than 38% over the year – from €20.4 million at the end of 2023 to €28.1 million at the end of 2024. The bank's assets grew by 61%, reaching €36.9 million compared to €22.9 million the previous year.
Romania’s CEC Bank Selects Temenos To Power Retail And Corporate Banking
- 3 months 2 weeks ago
- Banking
Temenos today announced that CEC Bank, the third largest bank in Romania, has selected Temenos to modernize its retail and corporate core banking systems. The state-owned bank is migrating from legacy systems to Temenos’ core banking platform including best-of-breed solutions for payments and data analytics. This transformation will enable CEC Bank to drive faster time to market, operational efficiency and business agility as it looks to further... more
Bank Of Ireland Sees Record Christmas Digital Banking Usage
- 3 months 2 weeks ago
- Banking
Analysis of Bank of Ireland customer behaviour between 14 and 24 December has shown record Christmas digital banking usage.
AperiData and PayPoint Scale Transformative Open Banking Powered Debt Advice Platform
- 3 months 2 weeks ago
- Banking
Citizens Advice is one of the most valued organisations in the UK. It offers confidential advice online, over the phone, and in person, for free to anyone - whoever they are, and whatever their problem. In 2022-23, it supported 457,000 people face-to-face nationally, more than double the previous year. Amid economic disruption and the soaring cost of living over the past few years, the charity has been facing exponential demand for its services.
Novobanco Expands Technology Partnership With Nasdaq Calypso to Simplify Its Capital Market Operations
- 3 months 2 weeks ago
- Banking
Novobanco and Nasdaq (Nasdaq: NDAQ) today announced the expansion of their long-standing technology partnership, which will see novobanco expand its use of Nasdaq’s Calypso platform to support the bank’s entire capital market operations. Novobanco, a leading Portuguese independent domestic bank, has used the solution to conduct back-office processing for almost 20 years and will now incorporate its risk and front office functionality to fully... more
Digital Banking Numbers Surge for 2nd Year in a Row, With Better Interest Rates Leading the Charge
- 3 months 2 weeks ago
- Banking
Digital-only banking use has grown for the second year in a row, according to new research from personal finance comparison site Finder, with superior interest rates as the biggest factor driving adoption.
nbkc Bank Selects NCR Atleos Allpoint to Expand Access to Self-Service Banking
- 3 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 $1.1 billion-asset nbkc bank has selected Atleos’ Allpoint Network to provide expanded, more convenient access to everyday banking transactions for its customers.
BofA’s Consumer Investments Surpasses $500 Billion in Assets as Clients Choose High-Tech, High-Touch Approach to Managing Finances
- 3 months 3 weeks ago
- Banking
Bank of America today announced its Consumer Investments business has grown to more than $500 billion in client assets, a more than 10-fold increase since the business started a decade ago. This includes nearly 4 million client accounts with Merrill Edge Self-Directed and Merrill Guided Investing, built on Merrill’s industry-leading technology and investment offerings.
Bank Alfalah Acquires Strategic Stake in UAE Fintech Jingle Pay
- 3 months 3 weeks ago
- Banking
Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in the MENAP region. The Bank's fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets.
