Bank of Ireland Contactless Payments Rise in Q1 2025, ATM Transactions Fall
- 21 hours 34 min ago
- Banking
Analysis of Bank of Ireland customer behaviour during the first three months of 2025 revealed that contactless payments rose while ATM usage was down compared to the same period in 2024.
OTP Bank Has Joined CLSSettlement as a Settlement Member
- 23 hours 24 min ago
- Banking
CLS, a financial market infrastructure group delivering settlement, processing and data solutions across the global FX ecosystem, announced today that OTP Bank Plc. (OTP Bank), has joined CLSSettlement as a settlement member. The Hungarian credit institution is the second new settlement member to join this year, bringing the total number of settlement members to 75.
Wells Fargo Announces Expansion of Strategic Relationship With Google Cloud
- 1 day 20 hours ago
- Banking
Wells Fargo and Google Cloud are excited to announce an expansion of their strategic relationship, which will transform how Wells Fargo uses and deploys agentic AI at scale. This expanded collaboration will equip Wells Fargo employees — including branch bankers, investment bankers, marketers, and customer relations and corporate teams — with AI agents and tools from Google Cloud.
Monzo Tops 13 Million Customers on the Back of Record Growth, Word‑of‑Mouth Referrals and a Surge in Business Customers
- 1 day 21 hours ago
- Banking
Leading digital bank Monzo today announces that it has surpassed 13 million customers, as it progresses at pace with its ambition to build the one app customers turn to to manage their entire financial lives.
Axal Partners With MoonPay To Launch Virtual Bank Accounts With Onchain Yield Through Axal Yield
- 2 days 20 hours ago
- Banking
Axal, the fintech startup backed by a16z CSX and CMT Digital, has teamed up with MoonPay to launch Axal Yield, a groundbreaking savings tool that enables users worldwide to earn onchain yield effortlessly. Powered by decentralized finance (DeFi) lending and integrated with MoonPay’s new Virtual Accounts, Axal Yield combines passive income generation with full user control.
Small Businesses Could Unlock Hundreds in Extra Savings Interest With Smarter Account Choices
- 2 days 23 hours ago
- Banking
Small businesses could boost their savings by up to £190 a year by being more aware of how interest rates are structured on business savings accounts, according to new analysis by Moneybox using data from Moneyfacts. The findings highlight a significant opportunity for small businesses to improve their cash flow by making simple, informed decisions about where to hold their funds.
Paymentology Launches PayoCard to Expand Mobile-First Access to Card Services Across South Africa
- 2 days 23 hours ago
- Mobile Banking
Paymentology, the leading global issuer-processor, has launched a new mobile-first card management platform, PayoCard, to help digital banks and fintechs in South Africa extend fast, secure, and intuitive card services to their customers. This is the first digital card platform provided by a processor in the region.
Libyan Islamic Bank Modernizes Consumer Banking Services With Backbase
- 6 days 18 hours ago
- Banking
Backbase, the global leader in AI-powered banking technology, today announced the recent successful platform launch of Libyan Islamic Bank (LIB), one of the country’s fastest-growing financial institutions. This achievement represents Backbase's first platform launch in Libya, underscoring its commitment to expanding state-of-the-art, customer-centric banking across North Africa.
Ecommpay Delivers Groundbreaking Open Banking Solution for The Money Platform
- 1 week 23 hours ago
- Banking
Ecommpay’s enhanced open banking solution is helping trading brand, The Money Platform (TMP), deliver timely and accurate payments.
ClearBank Appoints David Samper As Group Chief Financial Officer
- 1 week 23 hours ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking, today announced the appointment of David Samper as Group Chief Financial Officer. Samper will lead the organisation through its European expansion, as well as its next phase of international growth. He succeeds Mark Fairless, who was appointed as Group Chief Executive Officer in March, having previously served as Group CFO since 2023.
Egypt’s MIDBANK Completes Core Banking Modernization With Temenos
- 1 week 23 hours ago
- Core Banking
Temenos , a global leader in banking technology, today announced that MIDBANK has successfully gone live with Temenos, completing a full replacement of its legacy systems with Temenos’ core banking suite. This strategic transformation is part of MIDBANK’s broader initiative to modernize its operations and deliver next-generation banking services to customers across Egypt
U.S Bank Marks 25 Years in Europe With Spotlight on Irish Origins, Innovation and Community Leadership
- 1 week 1 day ago
- Banking
U.S. Bank, the fifth-largest commercial bank in the United States, is celebrating 25 years of operations in Europe, a journey that began in Arklow, Ireland and laid the foundations for one of Europe’s leading payment providers, Elavon.
Zimperium Uncovers DoubleTrouble Banking Trojan Delivered Via Discord, Escalating Mobile Data Theft
- 1 week 1 day ago
- Banking
Zimperium, the world leader in mobile security, today announced new findings from its zLabs team on an evolving mobile banking trojan dubbed DoubleTrouble. The malware, which disguises itself using random two-word method names, has rapidly grown in sophistication—adding screen recording, advanced keylogging, and new UI overlay capabilities designed to steal credentials and manipulate infected devices.
AFS And Oman Arab Bank Unveil Pioneering Digital Payments Platform
- 1 week 1 day ago
- Banking
Arab Financial Services (AFS), the Middle East and Africa’s premier digital payment solutions provider and fintech enabler, today announced a significant expansion of its enduring strategic partnership with Oman Arab Bank (OAB). This expansion reaffirms a shared commitment to pioneering innovation, setting an elevated benchmark for digital banking experiences across Oman.
Tide Now Supports Over 1.5 Million Small Businesses Globally
- 1 week 2 days ago
- Banking
Tide, the UK’s leading business management platform, today announces it has surpassed 1.5 million members globally. Tide has added over 500,000 members since September 2024, with the UK now at 750,000 and India at more than 750,000. Tide’s share of the UK market has grown to 13%.
