Allica Bank Set to Triple Relationship Manager Network Across the UK
- 2 months 3 weeks ago
- Banking
Allica Bank, the challenger business bank, is set to nearly triple the size of its network of relationship managers across the UK. The move comes in response to growing demand for expertise from businesses to help them grow, and at a time when high street banks have been increasingly removing personal support for their established business customers.
Al Rayan Bank Selects Finastra to Upgrade Its Core Banking Solution for Enhanced Islamic Finance Services in Qatar
- 2 months 3 weeks ago
- Core Banking
Finastra, a global provider of financial software applications, today announced it has been selected by Al Rayan Bank, one of the largest Islamic banks in Qatar with international presence, to implement a new, fully-fledged Islamic core banking solution.
NTT DATA Unveils Global Insights on GenAI Adoption in Banking: Divergent Strategies for Boosting Productivity vs. Cutting Costs
- 2 months 3 weeks ago
- Banking
NTT DATA, a global digital business and IT services leader, has today launched a new global research report uncovering the use of generative AI (GenAI) in the banking sector worldwide.
Shawbrook Bank Slashes Product Development Time by 88% With AND Digital Partnership
- 2 months 3 weeks ago
- Banking
Shawbrook Bank, a leading UK specialist bank known for its tailored financial solutions, has transformed its mortgage product development process with AND Digital. Through the partnership, Shawbrook were able to reduce the time required to switch mortgage products from 107 days to 13, through AND Digital leading a comprehensive upskilling initiative to build a high-performing team while delivering critical software enhancements.
FirstRand Group Selects Fiserv to Accelerate Growth and Innovation
- 2 months 3 weeks ago
- Banking
Fiserv, Inc., a leading global provider of payments and financial services technology, today announced that the FirstRand Group, one of the largest banks in Africa with total assets of $130 billion, will become the first financial institution outside of the U.S.
Azura Credit Union Modernizes Technology Infrastructure with Jack Henry
- 2 months 3 weeks ago
- Banking
Jack Henry™ is pleased to announce that Azura Credit Union has selected Jack Henry's Symitar® open technology platform to deliver modern services to local communities and drive future growth. Founded in 1939, Azura Credit Union now has more than $822 million in assets, 12 offices in Northeast Kansas, and more than 62,000 members.
Personetics' New Features Give Banks More Ways to Monetize Customer Wellness
- 2 months 4 weeks ago
- Banking
Personetics, the company transforming how banks build and monetize customer relationships, announced a series of new features for its AI-powered flagship product, Personetics Engage. These enhancements enable financial institutions to create personalized digital experiences that empower customers to become smarter about their money and more motivated to take action.
FintechOS Recognized as a Challenger in Gartner® Magic Quadrant™ for Retail Core Banking Systems, Europe
- 2 months 4 weeks ago
- Core Banking
FintechOS, a leading provider of solutions in the AI-driven financial product management market, today announced that Gartner has positioned FintechOS as a Challenger in the Magic Quadrant for Retail Core Banking Systems, Europe for its offering, FintechOS Platform.
Galoy Launches Lana to Unlock Digital Asset Collateralized Lending for Challenger & Community Banks
- 2 months 4 weeks ago
- Banking
A new service launched today makes it easy and fast for innovative banks of any size to unlock the transformative potential of digital asset-backed lending.
FirstRand Group Selects Fiserv to Accelerate Growth and Innovation
- 2 months 4 weeks ago
- Banking
Fiserv, Inc., a leading global provider of payments and financial services technology, today announced that the FirstRand Group, one of the largest banks in Africa with total assets of $130 billion, will become the first financial institution outside of the U.S.
OMB Bank Launches OMBX, a Premier Embedded Finance Platform
- 2 months 4 weeks ago
- Banking
OMB Bank proudly announces the launch of OMBX, a dedicated embedded finance division designed to empower fintechs and other digital companies with seamless banking solutions. With seven fintech clients already operating and several more in its pipeline, OMBX is positioned to become a premier embedded finance partner within the industry.
IBM Study: Gen AI Will Elevate Financial Performance of Banks in 2025
- 2 months 4 weeks ago
- Banking
IBM today released its annual expectations for technology and transformation in the global financial services industry in the year ahead in the IBM Institute for Business Value 2025 Outlook for Banking and Financial Markets.
United Fintech Acquires Commercial Banking Applications (CBA) With Backing From Leading Global Banks
- 3 months 14 hours ago
- Banking
United Fintech, the industry-neutral digital transformation platform, has announced the full acquisition of Commercial Banking Applications (CBA), a leading banking technology provider specializing in API-driven trade finance and payments solutions. The acquisition was financed by both equity and debt from existing investors, which include four major banks: BNP Paribas, Citi, Danske Bank, and Standard Chartered. This strategic move marks United... more
Openbank By Santander Hits $2 Billion In Deposits In The United States
- 3 months 1 day ago
- Banking
Santander Bank, N.A. (“Santander Bank” or “the Bank”) today announced that the Openbank digital bank platform topped $2 billion in total deposits* since going to market in the United States in the fourth quarter of 2024. This achievement represents a significant milestone in the Santander US business strategy to efficiently boost national deposit acquisition that will fuel its leading Auto lending franchise and transform its Retail Bank.
Bluevine Announces Partnership With Xero To Deliver Banking Solutions For Small Businesses
- 3 months 1 day ago
- Banking
Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced an ongoing partnership with global small business accounting platform, Xero. Through this collaboration, Bluevine customers can sync their banking data with Xero, providing small businesses and their accountants with greater efficiencies and growth opportunities.
