Alkami Releases Digital Banking Performance Metrics Report in Partnership with Cornerstone Advisors
- 1 hour 45 min ago
- Banking
Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today the release of its latest research in partnership with Cornerstone Advisors' Ron Shevlin, chief research officer. The Digital Banking Performance Metrics report is compiled from self-reported data collected in fiscal year 2023 from a sample of 81 financial institutions, including 39 banks and 42 credit unions... more
Mox’s Rapid Service Release Gains Recognition as One of World’s Fastest-Growing Digital Banks
- 1 hour 55 min ago
- Banking
Mox Bank Limited (“Mox”) has been recognised by global management consulting firm Oliver Wyman as one of the fastest-growing digital banks in the world. This distinction highlights Mox's remarkable growth trajectory and commitment to innovative product offerings. Oliver Wyman's analysis emphasises Mox's speed to market with launching a wider range of products and services compared to other globally renowned digital banks after setting up for the... more
Powering Embedded Banking/BaaS, The Bank of London Launches TBOL® AI Code Assistant Enabling Rapid Integration with Banking APIs
The Bank of London today launches the TBOL® Artificial Intelligence code assistant, using generative AI capabilities powering clients and developers to build at speed, applications, products and services via The Bank of London’s API. TBOL® AI has been initially developed to support the bank’s Developer Studio, which gives businesses access to one of most comprehensive, modern, and flexible API offerings for embedded banking in the UK.
National Bank of Iraq Goes Live with Temenos Core Banking and Payments
- 5 hours 55 min ago
- Core Banking
Temenos today announced that National Bank of Iraq (NBI), part of the Capital Bank Group, has successfully gone live with Temenos core banking and payments.
Finastra Reimagines Digital Experiences with Next Gen Mobile Banking
- 6 hours 40 min ago
- Mobile Banking
Today at Ignite! 2024, Finastra, a global provider of financial software applications and marketplaces, announced the availability of its latest mobile banking software, Next Gen Mobile Banking, a new digital banking experience for community banks and credit unions. The advanced mobile banking application provides a seamless user experience, offering financial institutions customization options and enhanced security features.
Revolut Expects to Boost Workforce by 40% in 2024
- 1 day 1 hour ago
- Banking
Revolut, the global fintech with over 8 million UK customers and 40 million globally, has today announced it expects to boost its global headcount by 40% in 2024. The announcement comes as the company reaches 10,000 employees globally, and continues to grow its workforce, all whilst many other financial institutions are making job cuts or hiring freezes. The company has over 70 roles currently advertised in the UK.
Alisa Bank and Accountor Introduce a New Type of Business Bank Account
- 1 day 1 hour ago
- Banking
Alisa Bank and Accountor are launching a business bank account called Tili a+ for Procountor’s Finnish customers. The Tili a+ is a current account for companies Alisa Bank offers, including a bank connection to Procountor. Procountor is used by nearly 90 000 companies in Finland, to whom the service will be offered. The Tili a+ is scheduled to be available to Procountor customers during the summer of 2024.
Islamic Banking and Finance is Emerging in CIS Countries
- 2 days 3 hours ago
- Islamic Finance
Islamic banking and finance is experiencing a surge in popularity within the Commonwealth of Independent States (CIS) region, presenting a significant new market for financial services. This was highlighted by a recent visit to Uzbekistan, Kyrgyzstan, and Azerbaijan by Mr. Muhammad Zubair, CEO of AlHuda Centre of Islamic Banking and Economics (CIBE), UAE a leading Islamic finance advisory and consultancy firm.
British Caribbean Bank Selects Finastra to Transform its Core Technology
- 3 days 1 hour ago
- Core Banking
Finastra, a global provider of financial software applications and marketplaces, announces that British Caribbean Bank Limited (BCB), a Turks and Caicos-based financial institution offering international bank accounts and customized loan options, has selected Finastra Essence, deployed on Microsoft Azure cloud, to modernize its core and transform its back-office operations.
EverBank Teams With Finzly to Modernize and Consolidate Bank Payments Operations
- 6 days 5 hours ago
- Banking
Finzly, a leader in innovative payment and financial solutions, today announced a key relationship with EverBank to revolutionize the bank's payment processing system with Payments Galaxy.
Bankjoy & Pinwheel Partnership Gives Banks and Credit Unions Easy Access to the Industry's Most Advanced Digital Deposit Switching Solution, Pinwheel Prime
- 1 week 1 day ago
- Banking
Bankjoy, a leading digital banking provider for banks and credit unions across the U.S., has announced its partnership with Pinwheel, a fintech that helps financial institutions win primacy with frictionless account activation.
Leeds Building Society Partners With Mambu to Modernise Its Core Banking Systems
- 1 week 1 day ago
- Banking
Mambu, a cloud banking platform, and Leeds Building Society, the fifth largest building society in the UK, have entered a strategic partnership to help Leeds modernise its core banking system.
10x Banking and Deloitte Announce US and UK Strategic Alliance Agreements and Creation of World-first 10x Centre of Excellence
- 1 week 1 day ago
- Core Banking
10x Banking, the transformational cloud-native SaaS core banking platform, and Deloitte have announced strategic Alliance Agreements in the US and UK designed to further strengthen cooperation in delivering technology-enabled transformation to financial institutions globally.
Navy Federal Partners with Zafin for Multi-year Core Modernization Initiative to Drive Performance and Accelerate Product Innovation
- 1 week 2 days ago
- Banking
Zafin, the leading provider of SaaS core modernization and transformation solutions for banks, announces today its partnership with Navy Federal Credit Union, the world’s largest credit union, to accelerate and de-risk a large core modernization and business transformation program that moves Navy Federal from a legacy mainframe core to a deconstructed, slim, cloud nativ
