Alkami Launches First-to-Market Business Banking Digital Maturity Assessment
- 4 months 3 weeks ago
- Banking
Alkami Technology, Inc., a leading cloud-based digital banking
Deutsche Bank Partners with Yonyou to Support Chinese Enterprises Going Global
- 4 months 3 weeks ago
- Banking
Deutsche Bank (China) Co., Ltd. and Yonyou Network Technology Co., Ltd. signed a strategic memorandum of understanding (MOU) today in Beijing. The partnership aims to establish a new global financial services model with Global Treasury Management (GTM) at its core, driving innovation in digital financial services and supporting the globalization strategies of Chinese enterprises. The signing ceremony was attended by Leo Yin, President of... more
Norway’s Neonomics Acquires UK Open Banking Platform Ordo
- 4 months 3 weeks ago
- Banking
Norway-based Neonomics has acquired UK-based Open Banking platform Ordo to strengthen its commercialisation strategy and ability to offer services in the UK. Fintech Innovation AS, the parent company of Neonomics, has acquired 100% ownership of The Smart Request Company Limited Ltd, which trades as Ordo.
British Business Bank Marks a Decade of Transformative Impact on the Economy and Smaller Businesses Across the UK
- 4 months 3 weeks ago
- Banking
Since it was established in 2014, the British Business Bank has delivered more than £32bn in combined public and private sector funding, supporting 209,000 smaller businesses which are expected to create 250,000 additional jobs and sustain almost 2.3 million existing positions, cementing its role as a critical driver of growth and employment in the UK since its inception.
De Volksbank Renews Ohpen Core Banking Contract for Investments and Loans
- 4 months 3 weeks ago
- Banking
Ohpen, the SaaS core banking platform for financial institutions and specialist in executing investments operations (BPO) that wants to serve customers better, today announces that it has signed a multi-year BPO partnership renewal with Dutch retail bank, de Volksbank.
Islamic Fintech Firm Offa Joins Connect IFA Brokerage Network
- 4 months 4 weeks ago
- Islamic Finance
Offa, the UK's leading Islamic property finance fintech, has announced it is joining Connect IFA, one of the leading and most established specialist mortgage brokerage networks in the country.
Mashreq Expands Corporate Banking Footprint To Oman With Tailored Financial Solutions
- 4 months 4 weeks ago
- Banking
Mashreq, one of the leading financial institutions in the MENA region, has announced its entry into Oman, seeking to strengthen its position with a range of personalized financial services tailored for the Sultanate’s evolving corporate and public sectors. This strategic move underscores Mashreq’s intent to contribute to Oman’s Vision 2040, with ambitions to fuel economic diversification and elevate Oman’s position in the global financial... more
bunq Introduces Mastercard Benefits To Its European SMEs
- 4 months 4 weeks ago
- Banking
bunq, the second-largest neobank in Europe, announce their expanded collaboration with Mastercard, as the challenger bank introduces a range of benefits for its small business (SME) users across Europe. These tailored benefits reward bunq's business users with a range of discounted tools and solutions designed to help small businesses thrive.
Barclays Announced As Newest FinTech Wales Partner
- 4 months 4 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
- 4 months 4 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
- 4 months 4 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
- 5 months 1 day 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
- 5 months 2 days 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
- 5 months 2 days 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%
- 5 months 2 days 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.
