70% of UK Finance Professionals See AI Driving the Future of Cross-Border Banking
- 2 months 2 weeks ago
- Banking
Artificial intelligence is rapidly becoming essential to how UK banks and fintechs retain customers in international markets, according to new research from DeepL, a global AI product and research company. A new survey of 1,500 financial services professionals in Europe, including 500 across the UK reveals that AI is now embedded in customer communications – from faster support to real-time multilingual translation – with over a third (37%)... more
Big Issue Partners with fumopay to Roll Out New Way for Vendors to Take Cashless Payments via Open Banking
- 2 months 2 weeks ago
- Banking
Big Issue has partnered with open banking payment provider fumopay to offer its vendors an innovative new way to take cashless payments.
Bud Financial Launches MCP Server to Accelerate AI Agents with Bank-Grade Financial Intelligence
- 2 months 2 weeks ago
- Banking
Bud Financial (“Bud”), the AI platform that turns banking data into actionable insights, today announced the release of the Bud MCP server, enabling rapid development of AI agents that benefit from a deep, real-time understanding of users’ finances. Bud’s MCP server lets AI applications integrate seamlessly with Bud’s platform so that banks can rapidly deploy AI internal and customer facing systems while safely leveraging their core customer... more
Evertec Announces Closing Of Controlling Stake In Tecnobank, Expanding Product Offering In Brazil
- 2 months 3 weeks ago
- Banking
EVERTEC, Inc. today announced that the Company has closed the previously announced transaction to acquire a controlling stake in Tecnobank Tecnologia Bancária S.A. (“Tecnobank”), a leading fintech vendor in Brazil’s digital vehicle financing contract registration sector, through its wholly-owned subsidiary Evertec Brasil Informática S.A.
Hanscom Federal Credit Union And Alkami Forge Strategic Partnership To Power A Differentiated Mobile Banking Experience
- 2 months 3 weeks ago
- Banking
Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a digital sales and service platform provider for financial institutions in the U.S., today announced a strategic partnership with Hanscom Federal Credit Union (HFCU) to support the launch of HFCU’s proprietary mobile banking experience. Designed to deliver a convenient, gamified approach to banking, the mobile application (app) will empower members with personalized tools for financial wellness.
VERMEG Introduces A New Standard In Collateral Optimization At SIBOS 2025
- 2 months 3 weeks ago
- Banking
At SIBOS 2025, one of the recurring topics is the growing pressure on financial institutions to do more with less collateral. Between rising funding costs, tightening regulatory ratios, and heightened market volatility, optimization has become a strategic priority. VERMEG responds with the launch of Optimizer, its latest innovation designed to simplify and accelerate collateral optimization while addressing the industry’s most pressing pain... more
Interpolitan Money Secures DFSA Category 3C And 4C Licences, Expanding Its Service Offering In UAE As Part Of Global Growth
- 2 months 3 weeks ago
- Banking
Alternative banking solutions provider Interpolitan Money has been granted both a Category 3C and 4C licence by the Dubai Financial Services Authority (DFSA), marking a significant milestone in the firm’s global expansion strategy and strengthening its presence in the Middle East.
Nubank Applies For U.S. National Bank Charter
- 2 months 3 weeks ago
- Banking
Nubank, one of the world's largest digital financial services platforms, announced today that it has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) of the United States. This undertaking is aligned with the company’s intention to explore future international opportunities by evolving its regional platform into a global model. Pursuing a U.S. national bank charter positions Nubank to unlock new... more
Financial Institution Türk Ekonomi Bankası To Deploy Provenir’s AI Decisioning Platform
- 2 months 3 weeks ago
- Banking
Provenir, a global leader in AI risk decisioning software, today announced Türk Ekonomi Bankası (TEB) has selected the Provenir AI Decisioning Platform to speed batch risk decisioning processes for its retail and small business lending products.
Coconut Launches Industry First Partnership With Zempler Bank To Support Millions Set To Be Impacted By Government’s MTD Deadline
- 2 months 3 weeks ago
- Banking
North West-based Accounting software fintech Coconut has announced a first-of-its-kind integration with digital business bank Zempler to support the millions of sole traders and landlords affected by the upcoming Making Tax Digital for Income Tax (MTD IT) deadline. The joint offering will simplify and streamline tax preparation - completely free of charge.
CGI Partners With Barclays To Integrate Multi-Bank Trade Finance Platform
- 2 months 3 weeks ago
- Banking
CGI, one of the largest independent IT and business consulting services firms in the world, today announced its partnership with Barclays to integrate CGI Trade360, CGI’s global trade finance solution, with Konsole from Komgo, the largest multi-bank trade finance platform.
HPS Signs Two Tens Of Million USD Contracts In Asia With Tier-1 Global Banks
- 2 months 3 weeks ago
- Banking
HPS, a global provider of payment solutions, today announced the signing of two major agreements with leading Asian financial institutions ranked among the Top 100 and Top 200 banks worldwide. Each contract is valued in the tens of millions of US dollars and will be deployed in an On-Premise model, enabling HPS to recognize significant revenue and EBITDA contributions as early as 2025. Starting 2H 2025.
Nasdaq And AWS To Advance Capital Markets And Banking Infrastructure Across The Financial System
- 2 months 4 weeks ago
- Banking
Nasdaq and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, today announced an expansion of their strategic technology partnership by giving financial institutions the option of deploying Nasdaq Calypso on AWS. It will be offered as a fully managed service powered by AWS, with the underlying technology managed by Nasdaq, as the companies seek to modernize the next generation of capital markets and treasury infrastructure.
TrueLayer Revenues Up 63% In 2024 As It Charts Path To Profitability
- 2 months 4 weeks ago
- Banking
TrueLayer, Europe’s leading Pay by Bank provider, today published its 2024 Financial Performance, highlighting an increase in revenues (+63%) and gross profit (+82%). The highlights from TrueLayer’s FY2024 financial data showcase a year of exceptional growth and momentum towards achieving profitability. Key financial highlights from FY2024:
