You Can No Longer ‘Bank’ on Customer Loyalty—Nine in Ten Brits Have Accounts with Two or More Banks
- 9 months 4 weeks ago
- Banking
New research on the British public’s opinion on banks has found that Brits are unlikely to remain loyal to one bank. The study, conducted by UserTesting, a SaaS leader in experience research and insights, found that 90% of Brits now have accounts with multiple banks.
‘Core Technology Holding Us Back,’ Say 55% of Banks—New 10x Banking Research Reveals
- 9 months 4 weeks ago
- Banking
10x Banking, the cloud-native core banking platform, has revealed the results of its new research report ‘Core Banking without Compromise’—an in-depth study of over 200 senior IT decision-makers' attitudes towards their current technology estates and the choices they will need to make for effective future transformation.
CoreFirst Bank & Trust Selects NCR Atleos to Expand Financial Access for Customers
- 10 months 9 hours ago
- Banking
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $1.2 billion-asset CoreFirst Bank & Trust has selected Atleos’ Allpoint Network to provide wider, more convenient access to everyday banking transactions for its customers.
Coreless Banking Provider XYB to Help Modernise Core Banking with IBM
- 10 months 14 hours ago
- Core Banking
XYB, the leading Coreless Banking Platform business, has announced its plans to help banks modernize their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services organisations address the growing requirements for core modernisation initiatives.
Erste Group and Salt Edge Unite to Bring Advanced Multi-Banking Services to the CEE Region
- 10 months 3 days ago
- Banking
With a rich history of over 200 years in the banking industry, Erste Group, a powerhouse in Eastern Europe’s financial services, has chosen to collaborate with Salt Edge, a leading open banking solutions provider. This strategic partnership, backed by the extensive expertise of both entities, is set to revolutionise multi-banking services in the CEE region. The aim is to bolster the multi-banking functionalities for Erste Group’s retail and... more
Ocean Bank Chooses NCR Atleos Allpoint Network
- 10 months 5 days ago
- Banking
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $6.4 billion-asset Ocean Bank has selected Atleos’ Allpoint Network to support its growth while widening customers’ access to cash and financial services.
Signicat Launches Open Banking Hub for Global Bank Account Verification and Affordability Check
- 10 months 6 days ago
- Banking
Signicat, the pan-European leader in digital identity, launches its Open Banking Hub. In addition to Signicat’s extensive suite of remote identity verification methods, the Open Banking Hub responds to organisations' need to perform consented, reliable and secure methods to prove a person’s personal information.
TotallyMoney Launches Current Account Comparison, Helping Customers Find the Best Bank for Their Needs
- 10 months 6 days ago
- Banking
TotallyMoney has announced the launch of a new current account comparison service, to help its five million customers find the best bank for their own personal needs: TotallyMoney data shows just one in five people have opened a new current account in the past 12 months, and half have been with the same bank for more than 4 years*
Tink Launches Merchant Information to Give Consumers Full Transaction Visibility
- 10 months 6 days ago
- Banking
Tink, a Visa Solution, has today launched ‘Merchant Information’ to provide consumers with a more detailed overview of their transactions.
Complytek and Advapay Partner to Deliver Scalable Core Banking Solutions with Advanced AML Compliance for Fintech Companies
- 10 months 1 week ago
- Core Banking
Complytek, a leader in AML compliance solutions, and Advapay, a specialist in core banking systems, have partnered to offer fintech companies a complete end-to-end solution—ensuring that businesses can grow their business while remaining fully compliant with local and global regulations.
Temenos Signs Multi-Country Model Bank Development Agreement with Bahwan CyberTek
- 10 months 1 week ago
- Banking
Temenos today announced that it has signed a Multi-Country Model Bank development agreement with Bahwan CyberTek (BCT), a global digital transformation company. Temenos Country Model Banks offer financial institutions a faster go-live experience with Temenos solutions, while simultaneously reducing costs and risks through pre-configured banking functionality and country-specific localization.
Bybit Launches Shariah-Compliant Islamic Account for Muslim Crypto Traders
- 10 months 1 week ago
- Cryptocurrencies, Islamic Finance
Bybit has launched an Islamic Account designed for Shariah-compliant crypto trading, responding to the rising demand for Islamic finance solutions in the cryptocurrency market. The account, which was introduced on September 24, 2024, allows Muslim traders to engage in spot trading for 75 cryptocurrencies and utilize trading bots like DCA and Spot Grid Bot. Certified by ZICO Shariah and CryptoHalal, the account ensures compliance with Islamic... more
Banks Believe They’re Eight Months Behind Criminals but Are Confident They Can Catch Up. Really?
- 10 months 1 week ago
- Banking
New research from RedCompass Labs, a world leader in payments modernization and financial crime red flags, reveals that US banks believe they are eight months behind criminals, with the largest institutions believing the gap is as wide as 23 months.
Fibabanka Launches Türkiye’s First BaaS Platform in Partnership with GetirFinans
Fibabanka, a leading player in Türkiye’s banking sector, has launched the country’s first Banking as a Service (BaaS) model through an innovative collaboration with GetirFinans, which received a total of $70 million in investment last year at a valuation of $250 million. This partnership, a significant step in Fibabanka’s broader strategy to expand its BaaS platform, provides non-banking businesses with the infrastructure to offer tailored... more
BofA to Open More Than 165 Financial Centers by End of 2026
- 10 months 1 week ago
- Banking
Over the last 10 years, Bank of America has been expanding its financial center network, opening locations nationwide in new and existing markets. The bank is on track to open more than 165 new centers across 63 markets by the end of 2026, including nearly 40 this year. This is in addition to the more than 100 centers the company opened over the last two years.
