American Express Expands Banking Offerings for Businesses With New High-Yield Savings Account
- 19 hours 56 min ago
- Banking
Today American Express announced the launch of the new high-yield American Express® Business Savings account, designed to help businesses earn more on their deposits and manage more of their finances in one place. Later this year, the company will introduce a new way for Graphite™ Business Cash Unlimited Card Members to redeem Reward Dollars for deposits into their American Express® Business Checking accounts, followed by a new payroll solution... more
Mifundo and Yapily Bring Open Banking Data Into Cross-Border Credit Assessment
- 21 hours 54 min ago
- Banking
Mifundo, the pan-European credit data platform, and Yapily, an open banking infrastructure provider, are partnering to support more complete credit assessments for people whose financial histories span multiple European countries.
Stablecoin Push Exposes Infrastructure Readiness Gap at Banks, New RedCompass Labs Research Finds
- 21 hours 57 min ago
- Banking
Nearly three-quarters (72%) of banks are actively planning, building, piloting or operating capabilities for their own payment stablecoin, but only one in ten banks has those capabilities live in production, according to new research from RedCompass Labs.
Unity Trust Bank Marks 25 Years of CDFI Support With £250,000 Grants Programme
- 2 days 47 min ago
- Banking
Unity Trust Bank is celebrating 25 years of supporting the responsible finance sector with the launch of a pioneering six-figure grants programme. Since 2001, the business bank has provided over £143 million of funding to 22 Community Development Finance Institutions (CDFIs) across the UK. This has enabled them to provide much-needed capital to organisations delivering positive impact in communities, where mainstream finance has not been... more
BBVA Launches Its Partnership With Inter and Unveils New Offers in Italy
- 2 days 19 hours ago
- Banking
FC Internazionale Milano and BBVA have officially presented their partnership at a media event held at the club’s headquarters in Milan. The event also coincides with the launch of new BBVA offers in Italy, where the bank is now approaching one million customers.
LHV Bank Moves to New Leeds Premises in ‘Northern Square Mile’ to Support Growing Business
- 2 days 23 hours ago
- Banking
FinTech bank, LHV, has moved into new, larger premises at Wellington Place in Leeds, a district increasingly known as the ‘Northern Square Mile.’ The relocation represents the Bank’s long-term commitment to Leeds, with the new office space chosen for its proximity to leading technical talent and its support for the Bank's digital-first, technology-led growth.
Aspen Federal Credit Union Launches Mahalo’s Digital Banking Platform
- 3 days 2 hours ago
- Banking
Aspen Federal Credit Union (‘Aspen FCU’) has launched its new digital banking platform powered by Mahalo Banking, enabling the credit union to deliver a convenient, member-focused banking experience. With Mahalo’s Thoughtful Banking® platform, Aspen FCU can offer its members a modern, intuitive, and secure digital banking experience across online and mobile channels.
Block Applies to Establish Builders Bank, a National Trust Bank
- 5 days 13 hours ago
- Banking
Block, Inc. today announced that it has submitted an application to the Office of the Comptroller of the Currency (“OCC”) to establish Builders Bank & Trust, N.A. (“Builders Bank”), an uninsured national trust bank.
U.S. Bank Introduces Private Waterfall Engine to Automate Alternative Fund Calculations
- 1 week 23 hours ago
- Banking
U.S. Bank today announced the launch of its Private Waterfall Engine, an automated fund waterfall administration platform designed to support private markets funds. The technology supports multiple waterfall methodologies and automates carried interest, performance fee, and distribution calculations. It imports data from upstream systems, performs controlled calculations and delivers reports and journal entries through a standardized workflow.
SoFi and Payward Partner to Connect Banking and Digital Asset Markets
- 1 week 1 day ago
- Banking
SoFi Technologies, Inc. , the everything app for digital financial services, and Payward, a unified financial infrastructure platform, today announced a strategic partnership designed to enhance banking, payments, liquidity, and digital asset markets.
UniCredit Obtains ECB Authorization on Danish Compromise
- 1 week 1 day ago
- Banking
UniCredit has been informed that the European Central Bank has granted approval for the application of the Danish Compromise methodology in the calculation of the Group's consolidated capital ratios. Starting from 3Q26 reporting, insurance holdings may be treated through risk weighting rather than being deducted from regulatory capital.
Jyske Bank Enters Into an Agreement to Acquire Formuepleje
- 1 week 2 days ago
- Banking
Jyske Bank A/S has entered into a binding agreement with the shareholders of FP Kapital A/S on the acquisition of 100% of the shares of FP Kapital A/S (Formuepleje).
QIB Introduces New Features to Its Mobile App to Enhance Customer Experience
- 1 week 2 days ago
- Banking
Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the introduction of a new suite of features across the QIB Mobile App, reinforcing its commitment to continuously enhancing customers’ digital banking experience through practical, customer-centric innovation.
Revolut Receives Conditional Approval From U.S. Office of the Comptroller of the Currency to Form a National Bank
- 1 week 5 days ago
- Banking
Revolut, the global financial leader serving more than 80 million customers worldwide, today announced that it has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for its U.S. national bank charter. The company is now working through remaining applications and approvals with the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve (Fed), and final approval from the OCC as it progresses... more
Al Faisal Holding Enters Strategic Partnership With BKN301 to Advance FinTech and Digital Banking
- 1 week 6 days ago
- Banking
Al Faisal Holding, one of the largest and most diversified private sector groups in Qatar and the region, has entered a strategic partnership with BKN301, a leading financial technology provider, to launch a new venture “AFH FINTEQ FOR TRADING and SERVICES” focused on advancing FinTech and digital banking across Qatar and the GCC.
