Plum Launches Innovative ‘Plum Interest’ to Boost Returns on Cash
- 2 years 6 months ago
- Mobile Banking
Plum, the smart money app, has launched a new ‘Plum Interest’ product, allowing customers to benefit more quickly and directly from higher central bank rates.
Tonik Extends Core Banking Partnership with Finastra to Accelerate Growth
- 2 years 6 months ago
- Core Banking
Finastra has today announced a new deal with Tonik, renewing its partnership to power Tonik’s end-to-end core banking capabilities with Finastra Essence. As part of the renewal, Finastra will strengthen the partnership with the deployment of dedicated consultants to help accelerate Tonik’s development and launching of new products and services.
Neo Clears €10 Billion as Firms Move to Diversify Banking Partners
- 2 years 6 months ago
- Banking
Neo, the cross-border payments fintech, has today announced it has cleared more than €10 billion through its corporate multi-currency accounts since launch in 2020. The firm which provides a one-stop-shop account for corporate treasurers has seen its cleared volume double in just under a year, reaching €5 billion in 2023 alone, reflecting growing demand from businesses for alternatives to traditional banks.
Standard Life Strengthens Partnership with Moneyhub and Announces Plans to Deliver Commercial Pensions Dashboard
- 2 years 6 months ago
- Mobile Banking
Standard Life, part of Phoenix Group, the UK’s largest long-term savings and retirement business, has partnered with Moneyhub, the market-leading Open Banking and Open Finance platform, to deliver its pensions dashboard. This marks the first UK provider to commit to offering a commercial pensions dashboard.
British Business Bank Supports More than £12.4B of Finance through its Core Programmes and Meets its Objectives, but Reports a Loss for 2022/23 Due to Falls in Market Valuations
- 2 years 6 months ago
- Banking
Louis Taylor, CEO, British Business Bank, said: “The British Business Bank has continued to build momentum in 2022/23, making a total of £1.6bn of commitments despite the challenging economic environment.
Monument Bank Introduces Notice Accounts
- 2 years 6 months ago
- Banking
Monument (or the “Bank”) announces the expansion of its savings proposition with the launch of its new Notice Accounts. The introduction of this product follows feedback from the Bank’s savings clients, largely mass affluent individuals, who value a wide range of product options to fit their various savings goals, with greater flexibility. This launch is a further addition to the suite of savings products already offered by the Bank which... more
Guaranty Trust Bank Selects Infosys Finacle for its Multi-Country Digital Banking Transformation
- 2 years 6 months ago
- Banking
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), and Nigeria’s Guaranty Trust Bank (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc, today announced that Guaranty Trust Bank has selected the
AlHuda CIBE is Committed to Strengthen the Islamic Finance Industry in Zimbabwe
- 2 years 6 months ago
- Islamic Finance
AlHuda Center of Islamic Banking & Economics (CIBE) and the Zimbabwe Association of Microfinance Institutions (ZAMFI) are pleased to announce their collaboration in hosting a specialized two-day training workshop on "Islamic Banking, Finance & Islamic Microfinance." The training is scheduled to take place on October 10th and 11th 2023, in Harare, Zimbabwe.
Core10 Selected as a Preferred Service Provider for the Community Bankers Association of Illinois
- 2 years 6 months ago
- Banking
Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending and account opening products, as well as software development services is now a Preferred Service Provider (PSP) for the Community BancService Corporation (CBSC).
Lloyds Bank Completes First Digital Trade Transaction Under New UK Legislation
- 2 years 6 months ago
- Banking
The ETDA gives electronic Bills of Exchange, Bills of Lading and other commercial documents the same legal footing as paper documents. The legislation is designed to give UK businesses and participants in the 60-80% of trade transactions worldwide that are subject to English law, more flexibility in how they trade. The Act will also significantly reduce the environmental impact that paper documentation has, while reducing the cost and time taken... more
Mahalo Banking Wins Best of Show Finovate Fall 2023
- 2 years 6 months ago
- Mobile Banking
Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, was named Best of Show at this year’s Finovate Fall for its Thoughtful Banking™ platform features.
Divido Bolsters Merchant Capabilities to Supercharge Checkout Finance Experience Ahead of the Golden Quarter
- 2 years 6 months ago
- Alternative Finance
Checkout finance provider, Divido, today launches two new product capabilities ‘Divido Analytics’ and ‘Split Capability’, allowing merchants to have greater understanding and flexibility over their checkout finance experience.
The 4th Annual Future Banks Summit & Awards – KSA: Recognizing Innovation & Resilience in The Kingdom
- 2 years 6 months ago
- Banking
“Digital adoption has facilitated more and more payments,” said Przemek Henschke – CIO at D360 Bank at this year’s 4th Annual Future Banks Summit & Awards KSA, in Riyadh, Saudi Arabia.
BankiFi Data Highlights that Convenience and Simplicity are Top of Mind for Small Businesses When Looking to Get Paid
- 2 years 6 months ago
- Banking
According to new customer data from embedded banking provider, BankiFi, businesses from a wide range of sectors continue to trust payment links such as SMS, email and QR codes when requesting payment on invoices, particularly when the relationship between buyer and sellers is already known. The trend comes despite years of warning from banks about a perceived heightened app fraud risk through payment links.
American Banks are Lagging Behind in Climate-friendly Banking Innovation
- 2 years 6 months ago
- Banking
Money20/20 USA calls itself “The world's biggest, most influential gathering of the global money ecosystem”, but amongst 350 speakers and countless topics, ‘sustainability’ and ‘climate’ come up only once on the show agenda.
