Saxo Reaches Key Milestone with DKK 1 Trillion in Client Assets
- 14 hours 5 min ago
- Banking
Saxo has reached yet another significant milestone of DKK 1 trillion (yes, that’s one thousand billion) in client assets. This accomplishment is directly linked to the bank’s growing client base, which now exceeds 1.5 million clients investing via their set Saxo accounts.
bunq Files for US Banking License
- 15 hours 20 min ago
- Banking
bunq, Europe’s second-largest neobank, has formally filed for a US de novo banking license with the OCC. This marks a major step in its mission to make life easy for the rapidly-growing group of global citizens and digital-native professionals who live and work between the US and Europe.
Yuze Partners with Zand To Empower SMEs in UAE
- 1 day 12 hours ago
- Banking
Yuze, a UAE-based AI-enabled digital business banking platform, and Zand, an AI and blockchain-powered digital bank in the UAE, have joined forces to provide digital business accounts to eligible SMEs, startups and entrepreneurs of all sizes in the UAE.
Iute Wins State Tender in Ukraine To Build a Digital Bank
- 1 day 14 hours ago
- Banking
Iute Group, a banking group founded in Estonia, will establish a business entity in Ukraine and is preparing to enter the market by building a digital bank, subject to regulatory approval.
Flutterwave Expands Payments Infrastructure with Acquisition of Open Banking Firm Mono
- 2 days 9 hours ago
- Banking
Flutterwave, Africa's leading payments technology company, has acquired Mono, a pioneer in open banking infrastructure across the continent. The transaction deepens Flutterwave's long-term commitment to building a connected, interoperable financial system for Africa and positions open banking as a core pillar in the evolution of alternative payment methods across the region.
Telcoin Begins Digital Asset Banking Operations with Launch of eUSD Stablecoin
- 2 days 16 hours ago
- Banking
Following the final charter approval of Telcoin Digital Asset Bank by the Nebraska Department of Banking and Finance last month, Telcoin begins initial blockchain banking operations today with the launch of its eUSD stablecoin on the Ethereum and Polygon blockchains. With the minting of $10 million eUSD, Telcoin’s flagship Digital Cash stablecoin is now live and one step closer to retail markets.
KAST Adds $MOVE Rewards As It Expands Premium Neobank Services
- 2 weeks 1 day ago
- Banking
KAST, the global financial platform built on stablecoin rails, has announced a partnership with The Movement Network adding additional crypto rewards to existing KAST benefits. 500,000 users worldwide will now be able to earn $MOVE token rewards on every purchase and then hold, move and trade the token.
AlHuda CIBE Awards Shariah Compliance Certificate to AL BARAKAH MCSL
- 2 weeks 1 day ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) has officially awarded a Shariah Compliance Certificate to AL BARAKAH Multi-purpose Co-operative Society Limited, Mauritius, following a comprehensive Shariah review of its operations, products, and governance framework. The certification reflects AL BARAKAH’s adherence to Shariah principles across its cooperative and financial activities and marks a significant milestone in... more
Finastra Expands Global Footprint with New U.S. and India Offices
- 2 weeks 2 days ago
- Banking
Finastra, a global leader in financial services software, today announced the opening of two new offices as part of its continued global growth and modernization strategy: a new U.S. office in the iconic King building at Perimeter in Atlanta, Georgia, and a new innovation center located in Technopark, the premier technology park in Trivandrum, Kerala. The company also confirmed plans to expand its existing office space in Pune, one of its... more
Post Office Secures Five-Year Agreement To Continue Operating Banking Hubs
- 2 weeks 2 days ago
- Banking
Post Office has signed a new five-year agreement with Cash Access UK to continue operating Banking Hubs across the UK. Post Office already operates 200 Banking Hubs and will play a central role in delivering on the Government’s ambition to have 350 Banking Hubs operating by the end of this Parliament.
COONECTA Taps BPC’s Next-Generation Platform to Empower Communities and Drive Financial Transformation
- 2 weeks 6 days ago
- Banking
COONECTA, Ecuador’s leading transactional network serving financial institutions regulated by the Superintendencia de Economía Popular y Solidaria (SEPS), has partnered with BPC, a global leader in payment solutions, to drive country-wide digital transformation and financial inclusion.
SMB Banking Platform Lili Sets the Standard for Five-Star Customer Support for Business Owners
- 2 weeks 6 days ago
- Banking
Lili, the leading business banking platform, today announced that they are setting the standard for five-star customer support for business owners. The company leverages a mix of AI chatbots and personalized human support for optimal customer service. With this balanced approach, 83% of customers gave Lili’s support experience a high score of 9 or 10.
Barclays Announces Collaboration with ExpectAI
- 2 weeks 6 days ago
- Banking
Barclays today announced it is collaborating with ExpectAI, a pioneering technology company that uses AI with the aim of helping small and medium-sized businesses grow their profits, using sustainability insights. At Barclays, we are harnessing artificial intelligence to drive efficiency, create capacity and fuel innovation, helping our people to become more productive and improving client service.
Temenos Named a Leader in Everest Group Peak Matrix® Assessments
- 2 weeks 6 days ago
- Banking
Temenos , a global leader in banking technology, today announced it has been named a leader in two key Everest Group assessments. Temenos is positioned as a Leader in the Banking Customer Experience Orchestration Products (CXOP) PEAK Matrix® Assessment 2025 and a Leader and Star Performer for the strongest year-over-year improvement in the Asset and Wealth Management (AWM) Customer Experience Orchestration Products (CXOP) PEAK Matrix® Assessment... more
Monzo Announces Plan to Acquire Habito in Another Step Towards Transforming the Mortgage Experience for Customers
- 3 weeks 1 day ago
- Banking
Leading digital bank Monzo today announces its agreement to acquire Habito, the UK’s leading digital mortgage broker, as it moves to transform one of life’s most important financial moments — getting a mortgage. The acquisition will make Monzo the first UK bank to offer a fully end-to-end mortgage broking experience within its app, making the process simpler, faster, and built around customers’ needs.
