Bank of England Launches Discussion Paper Seeking Views on Measures to Enhance Gilt Repo Market Resilience
- 17 hours 12 min ago
- Banking
The Bank of England (the Bank) has today published a Discussion Paper (DP) on potential measures to enhance the resilience of the UK government bond (‘gilt’) repo market, developed in close consultation with the Financial Conduct Authority (FCA) and with input from HM Treasury and the UK Debt Management Office (DMO).
Neobank BUUT Now Available
- 17 hours 22 min ago
- Banking
Starting today, BUUT, the new bank from the creators of Tikkie, is available for download. Designed specially for teenagers and their parents, BUUT helps young people take control of their money using handy pots that make payments and saving money easy. Simple to use, 100% visually driven, and aligned with the world inhabited by the new generation. On top of that, BUUT offers a personalised newsfeed with financial tips and tricks from experts,... more
BBVA and SAP Forge a Strategic Alliance to Improve Corporate and Business Banking Services
- 20 hours 34 min ago
- Banking
BBVA and SAP Spain have forged a strategic alliance whereby the bank will integrate the SAP Multibank Connectivity solution to enhance its corporate banking service offering and attract new business clients. The solution will enable BBVA to transform and optimize how financial transactions are carried out for corporate and business banking clients, making the whole process more efficient and agile.
Atlar and HSBC Innovation Banking Collaborate to Support Fast-Scaling Companies Like Joint Customer Liberis
- 23 hours 22 min ago
- Banking
Atlar and HSBC Innovation Banking UK have entered into a collaboration to support the treasury management needs of fast-growing and innovative companies. The partnership brings together HSBC Innovation Banking UK’s global banking infrastructure and Atlar’s modern treasury platform to streamline cash management, enhance visibility, and improve control for finance teams operating at scale. A connected, real-time treasury stack for high-growth... more
Billingbooth and GoCardless Expand Partnership to Add Open Banking and Payment Optimisation for Telcos
- 1 day 21 hours ago
- Banking
GoCardless, the bank payment company, has expanded its long-standing partnership with Billingbooth, a specialised billing software designed for telecom companies. The collaboration will see GoCardless’s full suite of bank payment solutions integrated directly into the Billingbooth platform, helping telcos simplify their billing and payments process, and easily recover bad debt.
Amplifi Capital Partners With D•One for Open Banking Services
- 1 day 22 hours ago
- Banking
D•One, the open banking services business from The ClearScore Group, has partnered with Amplifi Capital to provide the consumer lending platform with its open banking transaction categorisation intelligence.
Allica Bank and The CFO Centre Partner Up to Propel UK Businesses
- 1 day 23 hours ago
- Banking
Leading challenger bank, Allica Bank and The CFO Centre, today announce a new partnership designed to support the UK’s established businesses - those with 5 to 250 employees that have been trading for more than 12 months.
Warba Bank Launches Youth Account “Wave Banking”: A Fully Integrated Digital Banking Experience for Young Customers
- 2 days 18 hours ago
- Banking
In a significant milestone underscoring its leadership in banking innovation, Warba Bank, one of Kuwait’s leading Islamic financial institutions, announced the launch of its youth account “Wave Banking” with an advanced digital platform, designed specifically for the younger generation under the slogan “Your Wave, Your Way”, offering a fully digital experience tailored to their lifestyle and financial needs.
Open Banking Surges to 15 Million UK Users as July Marks Record Adoption
- 3 days 23 hours ago
- Banking
July was a landmark month for open banking, with more than 15.16 million people and businesses now using services powered by the technology - equivalent to nearly one in three UK adults. The latest figures also show that in July, open banking services were used a record 2.04 billion times, up 3.5% from June. From paying taxes to ordering dinner, millions of UK consumers and businesses are embracing open banking to manage their money with... more
Wahed Launches Shariah Compliant Private Real Estate Investment Platform in the U.S., Making Fractional Property Ownership Accessible to All
- 6 days 19 hours ago
- Islamic Finance
Wahed, a leading Shariah-compliant Fintech, today announced the launch of its Private Real Estate investment product in the United States. This marks an important milestone in Wahed's continued mission to create inclusive and accessible investment opportunities for faith-based investors.
ZB Financial Holdings Transforms Banking Experience in Zimbabwe with Finastra
- 1 week 23 hours ago
- Core Banking
Finastra, a global leader in financial services software, announced that ZB Financial Holdings (ZBFH), one of Zimbabwe’s most diversified financial services groups, has implemented Finastra Essence on cloud and a comprehensive suite of digital services. By upgrading its core banking infrastructure with the next-generation solution, ZBFH has consolidated its operations while increasing automation, system availability, speed to market, and... more
FundBank Goes Live with Temenos to Power Its Global Expansion into the U.S.
- 1 week 23 hours ago
- Banking
Temenos today announced that FundBank, a Cayman Islands-based financial institution specializing in banking services for the asset management industry, has gone live with Temenos SaaS to drive its expansion in the United States.
Thread Bank Selects Finxact from Fiserv to Power Embedded Banking Strategies, Serving as a Model for Community Banks
- 1 week 2 days ago
- Banking
Thread Bank today announced that it has selected Finxact from Fiserv, Inc., the cloud-native, real-time banking core that offers enhanced access to data, as the Bank’s core banking platform. The Finxact core will allow Thread to further execute on its strategy to deliver modern, compliant, and scalable embedded and core banking solutions, creating value for partners and providing an innovation roadmap for fellow community banks.
Narmi and Grasshopper Launch First MCP Server by a U.S. Bank for AI-Driven Insights
- 1 week 6 days ago
- Banking
Narmi, a digital banking technology developer, and Grasshopper Bank, a client-first, full-service digital bank, have launched a first-of-its-kind Model Context Protocol (MCP) server that will allow Grasshopper's Business Banking clients to access personalized financial analysis and insights through Claude, Anthropic's advanced artificial intelligence (AI) assistant. While Claude is the first integration, this groundbreaking infrastructure sets... more
Cognizant and Temenos Expand Partnership to Power Core Banking Transformation in Australia
- 1 week 6 days ago
- Core Banking
Cognizant today announced a five-year strategic engagement with Temenos, a global banking technology leader, to develop and market Temenos Country Model Bank in Australia. Temenos Country Model Bank is an extension of its core banking platform designed to accelerate go-live for financial institutions by providing pre-configured, regionalized banking functionality that reduces cost and risk.
