British Business Bank Agrees £150M ENABLE Build Transaction With Specialist Bank Shawbrook
- 5 months 5 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 5 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 5 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.
Romania’s CEC Bank Selects Temenos To Power Retail And Corporate Banking
- 5 months 6 days 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
- 5 months 6 days 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
- 5 months 6 days 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
- 5 months 6 days 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
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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.
SRM Announces Preferred Partnership Status With the New Hampshire Bankers Association, Ready to Deliver Operational Savings and Consulting Expertise
- 5 months 1 week ago
- Banking
SRM announced a new partnership with the New Hampshire Bankers Association (NHBA). The NHBA will recognize SRM as an official Preferred Partner. This distinguishes SRM as a trusted specialist that New Hampshire banks and bankers can rely on for operational excellence and optimization, including vendor sourcing and RFP support and diplomatic contract negotiations related to signature card networks and payments vendors.
Bitget Introduces Bank Deposits With ZEN Integration, Enabling Access for Eleven Fiat Currencies
- 5 months 1 week ago
- Banking
Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the integration of ZEN.com, a renowned banking solution, into its fiat deposit and withdrawal channel. With this integration, Bitget users can now seamlessly deposit and withdraw funds using 11 supported fiat currencies, including PLN, CZK, DKK, AUD, CAD, NOK, SEK, CHF and HUF.
Bank of Hangzhou Extends Scope on MX.3 With FRTB Solution
- 5 months 1 week ago
- Banking
Bank of Hangzhou has expanded its use of Murex's MX.3 platform by implementing the Fundamental Review of the Trading Book (FRTB) solution, MX.3 for FRTB, using the standardized approach (SA). The Bank of Hangzhou initially implemented MX.3 in 2021 to support capital markets activities across asset classes, covering front-office, back-office and risk management functions. The platform has consistently met the bank's needs for business expansion,... more
Lumin Digital Taps FINBOA as Digital Banking Automation Partner for Enhanced Dispute Management
- 5 months 1 week ago
- Banking
Today, the leading cloud-native digital banking provider, Lumin Digital , announced it has partnered with process automation provider FINBOA.
