New Mambu Report Finds Bottom Line Benefits to Banks That Accelerate Cloud Core Transformations
- 2 months 1 week ago
- Banking
New report, in partnership with Google Cloud, highlights why banks must begin to provide services for tech-empowered customers to avoid being left behind by tech-savvy competitors. Research shows that banks that successfully switch to a cloud core will be bigger, more profitable, and grow faster, leading to a value creation opportunity of $20 trillion, as highlighted in a new report from SaaS cloud banking platform Mambu.
Sinch Partners with Temenos to Expand Their Financial Services Offering on the Temenos Exchange
- 2 months 1 week ago
- Banking
Sinch, which powers meaningful conversations between businesses and their customers through its Customer Communications Cloud, today announced its messaging APIs and solutions are available on Temenos Exchange, the partner ecosystem of integrated fintech solutions.
Velmie Transforms Business Banking with New Core Platform
- 2 months 1 week ago
- Banking
Velmie proudly announces the launch of its Business Banking Platform, an advanced solution crafted to address the challenges of financial services providers and fintechs. The Platform is strategically designed to extend the IT infrastructure of banks and fintechs, enabling them to broaden their product offerings and increase their revenues.
Finastra Partners with SYSTEX to Provide Comprehensive Treasury Solution Offering for Taiwan Banks
- 2 months 1 week ago
- Trading Systems, Banking
Finastra has today announced SYSTEX as a solution partner in Taiwan. SYSTEX will resell Finastra’s Kondor and Risk solutions, creating an offering that combines Finastra’s best-of-breed trading system with SYSTEX’s local expertise and broad technology services capabilities. The partnership will enable more banks in Taiwan to digitally transform and grow their businesses.
Economist Impact Report for Temenos: Europe’s Banks are Challenging the Challengers
- 2 months 1 week ago
- Banking
New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform players, neobanks, and payment providers.
FIS Widens Access to Open Banking Through Partnership With Banked
- 2 months 1 week ago
- Banking
FIS®, a global leader in financial technology, today announced it has entered a strategic partnership with Banked, a leading provider of open banking solutions, to drive new pay-by-bank offerings for both businesses and consumers.
92% of Banks Plan to Maintain or Increase Technology Investment in 2024
- 2 months 1 week ago
- Banking
Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, today released the findings of its "State of Banking" survey.
Revenued Forges First Neobank Partnership with Found to Drive Innovation and Fuel Business Growth
- 2 months 2 weeks ago
- Banking
Revenued, a leading fintech that helps small businesses simplify the process of managing business finances, today announced the company's first neobank partnership with
Vakifbank International AG, Chooses Emach.Ai Based Digital Core And Lending Platform For a Multi-country Implementation
- 2 months 2 weeks ago
- Core Banking
Intellect Global Consumer Banking (iGCB), the consumer banking arm of Intellect Design Arena Limited, announces that VakifBank International AG, part of Türkiye Vakiflar Bankasi T.A.O has selected iGCB’s platforms
Trustly Integrates MX Data Enhancement to Deliver Better Consumer Shopping and Underwriting Experiences
- 2 months 2 weeks ago
- Banking
MX Technologies, Inc. today announced MX's data enhancement services will be leveraged as part of Trustly's Open Banking product suite. Over 8,300 global merchants rely on Trustly to enable their consumers to pay directly from their bank accounts. With Pay with Bank, consumers enjoy an intuitive, fast, and safe payment method, while merchants can create better experiences and reduce costs with an efficient payment solution.
10x Banking Furthers Expansion into Africa
- 2 months 2 weeks ago
- Core Banking
10x Banking, the transformational cloud-native SaaS core bank operating system founded by former Barclays CEO Antony Jenkins, has today announced a partnership with Old Mutual as it expands into Africa and scales its evolving core banking system into new markets in response to growing demand.
Ajman Bank Steps Up Sustainability Efforts with Mastercard Solutions
- 2 months 3 weeks ago
- Banking
Ajman Bank has initiated a collaboration with Mastercard aimed at leveraging the technology giant’s innovative solutions to drive sustainability. The award-winning bank will implement Mastercard’s Carbon Calculator and sign its UAE Sustainable Cards Pledge.
Offa Selects finova’s Apprivo Origination Platform to Power its Sharia-compliant Finance Products
- 2 months 3 weeks ago
- Islamic Finance
The UK’s first Sharia-compliant bridge finance provider, Offa, has partnered with cloud-based mortgage and savings provider finova to develop an innovative end-to-end digital platform to support its growing portfolio of property finance products. Offa’s new origination platform will be delivered by finova and its implementation partner Hexaware in the first half of 2024.
€35B of Customer Deposits Across Europe Now Held by Electronic Money Institutions
- 2 months 3 weeks ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announces a new report on the Electronic Money Institution (EMI) market in the UK and Europe. The independent report, commissioned by ClearBank and produced by leading analyst house Celent, finds that EMIs now hold deposits of €35 billion across Europe—an increase of 84% from 2019—but often struggle to find a banking partner that meets their needs.
bunq Sets Its Eyes on UK as It Reports First Full Year of Profitability
- 2 months 3 weeks ago
- Banking
bunq, the second largest neobank in Europe, reports a pre-tax profit of €53.1 million in 2023. A testament to bunq’s sustainable business model proven to yield record profits throughout 2023, the challenger will direct its net profit to propel its global expansion strategy.
