Narmi and Grasshopper Launch First MCP Server by a U.S. Bank for AI-Driven Insights
- 1 day 7 hours 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 day 11 hours 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.
Artea Bank Migrates to BPC’s Cloud-Native SmartVista Platform to Power Mastercard Issuing
- 2 days 9 hours ago
- Banking
Artea Bank, a major Lithuanian commercial bank dedicated to improving the financial well-being of Lithuania’s residents and businesses, has selected BPC SmartVista, a cloud-native, microservices-based platform, to modernize its card-issuing infrastructure.
Oh Crumbs! Zopa Bank Drives 10,240 Biscuits through Central London to Show the Real Value of Switching as Santander Closes Its 123 Lite Account
- 3 days 12 hours ago
- Banking
Zopa Bank is calling on UK consumers to rethink their bank loyalty, urging them to compare current accounts and switch to providers that offer real value - not just crumbs.
Eltropy Platform Now Integrates with Over 50 Core Systems and Essential Fintech Solutions
- 3 days 12 hours ago
- Core Banking
Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced that its unified offering, Eltropy One Platform, now features over 50 integrations with essential systems used by credit unions and community banks. This expanded ecosystem equips CFIs to boost operational efficiency and deliver more valuable experiences for their members and customers.
Coop Norge Selects Knowit and Mambu to Modernize Core Banking Platform
- 4 days 12 hours ago
- Core Banking
Coop is owned by 57 independent cooperatives with a combined membership base of over 2.3 million individuals. Each member is required by law to make a membership deposit when joining a cooperative, and may also make voluntary deposits which earn interest. These accounts are a cornerstone of Coop’s member offering, and the new core banking system will ensure they are managed with security, transparency, and scalability.
Bank of Algeria Joins PAPSS Network, Accelerating Financial Integration in Africa as Algeria Prepares to Host IATF 2025
- 5 days 11 hours ago
- Banking
The Pan-African Payment and Settlement System (PAPSS) launched by African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has officially welcomed the Bank of Algeria into its growing network. Algeria now becomes the 18th country of presence for PAPSS, marking a significant step in advancing Africa’s journey towards deeper financial... more
British Business Bank Agrees ENABLE Guarantee Transaction of up to £300m with Close Brothers
- 5 days 12 hours ago
- Banking
The British Business Bank has agreed a transaction of up to £300m with Close Brothers under the ENABLE Guarantees programme, unlocking significant additional lending capacity. The transaction will support a portfolio within Close Brothers Asset Finance, covering hire purchase, sale and hire purchase back and leasing facilities. Asset finance plays an important role for UK smaller businesses, with the market reaching a record £23.5bn in 2024.
Big Fintechs Are Holding Community Banks “to Ransom” over Customer Data, Warns Fintech CEO
- 1 week 1 day ago
- Banking
The fintech sector’s outrage at plans to ditch open banking rules is “totally hypocritical,” says Adam Turmakhan, CEO of TurmaFinTech, who argues providers have been holding US community banks “to ransom” over their customer data for years. Turmakhan’s intervention follows reports that the CFPB will propose a new version of open banking rules following the fintech sector’s fury at plans to scrap them altogether.
Mambu's Cloud Banking Platform Powers OYAK ANKER Bank's Full-Scale Core Migration
- 1 week 2 days ago
- Core Banking
Leading cloud banking platform Mambu today announced that OYAK ANKER Bank GmbH has successfully completed a comprehensive, full-stack modernisation and migration of its core banking systems to the Mambu platform, making it one of Germany's most ambitious digital transformation projects, spearheaded by Innovance.
Self-Made Success Adds Up: Small Businesses Exceed $1 Billion in Managed Deposits in Relay
- 1 week 2 days ago
- Banking
Relay—the small business banking and money management platform enabling peak profitability—announced that American small businesses have entrusted them with more than $1 billion in managed customer deposits through Thread Bank, Member FDIC. This milestone is a vote of confidence by the more than 110,000 self-made small business owners using Relay. As the banking platform on a mission to make every business great with money, Relay stands with... more
Lloyds Secures Contract to Provide Banking Services for Several Government Departments and Public Sector Organisations
- 1 week 3 days ago
- Banking
Lloyds has won, after a competitive tender, a contract to provide banking services for several government departments and public sector bodies, including the Department for Transport, Driver and Vehicle Licensing Agency, HM Revenue & Customs and the Ministry of Housing, Communities and Local Government.
Tuum Selected by Uptex Bank to Power E-Banking Expansion in Middle East and Africa
- 1 week 3 days ago
- Banking
Tuum, the leading next-generation core banking provider, has been selected by Oliver Business Development (OBD) Holding to power its newly licensed e-banking services in the Middle East and Africa (MEA) called Uptex Bank. The partnership marks Tuum’s first customer in the Middle East and reinforces its strategy to support innovation-led financial institutions in fast-growing, regulated markets.
Ubank Brings Clarity to Financial Chaos in New Campaign
- 1 week 4 days ago
- Banking
Ubank has partnered with production agency Infinity Squared to launch our new campaign – ‘See Money Better, Do Money Better’ – bringing to life the invisible stresses of modern money management.
ClearBank Announces First Channel Partnership to Offer Innovative Banking and Payments Solutions With Leading Fintech Provider Algbra
- 1 week 4 days ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking, today announces its first channel partnership with leading ethical FinTech, Algbra, to provide its trusted technology and services as part of Algbra Labs’ Fintech-As-A-Service offering. Through the partnership, Algbra will be able to offer ClearBank’s agency banking, faster payments and virtual account services to customers on its platform, helping them to expand their reach... more
