ClearBank Grows Income 91% to £111.3m, More than Doubles Deposits to £6.1bn
- 2 years 2 months ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today presents the results from its 2023 Annual Report. It shows ClearBank’s first full year of profitability, with strong growth in income, platform and transaction fees, deposits, and clients.
TD and Google Cloud Enter Into a Strategic Relationship to Power Innovative Banking Experiences
- 2 years 2 months ago
- Banking
TD Bank Group (TD) and Google Cloud today announced a multi-year strategic relationship. TD will add Google Cloud services to its portfolio of data-driven technology solutions to support its delivery of innovative banking experiences. Google Kubernetes Engine (GKE) already supports TD Securities Automated Trading (TDSAT), designed to enable TD Securities to adapt and quickly respond to changing market and client needs in a fast-paced environment.
LHV Bank Increases Share Capital by £21M to Support Business Growth
- 2 years 2 months ago
- Banking
LHV Bank, one of the UK’s newest licensed banks, has increased its share capital by £20.9m to support its growth ambitions. Following the additional capital investment by the Bank’s sole shareholder, LHV Group, completed in the last week, the share capital of LHV Bank is £75m.
Oman Housing Bank Selects Temenos for Core Banking Modernization in the Cloud
- 2 years 2 months ago
- Core Banking
Temenos today announced that Oman Housing Bank (OHB), a leading provider of housing finance in Oman, has selected Temenos to modernize its core banking platform in the cloud to develop new products faster and widen access to housing finance for Omanis.
NWSB Selects Apiture Digital Banking Platform to Fuel Continued Growth
- 2 years 2 months ago
- Online Banking
Apiture, a leading provider of digital banking solutions, today announced that NWSB (The New Washington State Bank), a community financial institution serving customers in Southern Indiana since 1908, has selected the Apiture Digital Banking Platform to power its online and mobile banking solutions.
nCino Unveils Latest Enhancements to its Consumer Banking Solution
- 2 years 2 months ago
- Banking
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced a series of enhancements to its Consumer Banking Solution. The upgrades to nCino’s platform provide bankers with the tools to interact with consumers where and how they want to engage while providing a foundation of flexibility and agility. These tools enable financial institutions to stay ahead of market shifts and proactively meet the evolving... more
Santander Evolves In-Person Bank Format; Tailors Experience to Meet Customer Needs
- 2 years 2 months ago
- Banking
Santander Bank, N.A. announced today the introduction of Financial Centers, a new banking format that provides customers with in-person support and assistance on digital transactions. The format responds to customer preferences for a digital-first experience with enhanced onsite personal engagement. The new format is being offered as part of the Bank’s multiyear strategy to transform into a digital bank with branches.
Plumery Unveils Availability of Digital Success Fabric on Google Cloud Marketplace
- 2 years 2 months ago
- Banking
Plumery, a digital banking experience platform for true customer-centric banking, is pleased to announce its availability on Google Cloud Marketplace. This marks a significant milestone in Plumery’s mission to guide challenger and incumbent banks in developing customer experience layers that help them to deliver banking mobile and web applications 50% faster, at a fraction of the cost, unlocking rapid continuous innovation.
Halal Car Finance Platform, Ayan Capital, Launches in the UK
- 2 years 2 months ago
- Islamic Finance
Ayan Capital, the Islamic car finance platform for business, private hire vehicles (PHV) and public carriage office (PCO) drivers in the UK, has officially launched. Based in London, Ayan Capital allows drivers across the UK to access business car financing that is fully compliant with Shariah principles.
OakNorth’s Pre-tax Profits Increase by 23% to £187M as It Surpasses £10B in Lending to Businesses Since Launch, and Expands Its Offering to the US
- 2 years 2 months ago
- Banking
OakNorth – the digital bank for entrepreneurs, by entrepreneurs – today publishes its latest Annual Report, revealing pre-tax profits of £187.3m in 2023, up 23% from £152.3m in 2022.
Paynetics Acquires Novus Neobank to Amplify ESG Mission
- 2 years 2 months ago
- Banking
Paynetics, the pioneering embedded finance provider, announced today its strategic acquisition of Novus, the UK’s first-ever “impact neobank.” This landmark deal underscores Paynetics’ commitment to advancing environmental, social, and governance goals while revolutionizing the financial landscape with its powerful embedded finance suite.
The Four Zeros of Resilience
- 2 years 2 months ago
- Banking
The key to creating any robust infrastructure is resilience. Today, business and consumers both rely on resilient architecture to ensure a high degree of accuracy and speed. With new innovations in OpenBanking and scenario-based finance, it’s vital to build resilient architecture.
Santander Named Best International Private Bank in Latin America by Euromoney
- 2 years 2 months ago
- Banking
Santander Private Banking has once again been named Latin America’s Best International Private Bank by Euromoney. The magazine also recognised Santander Private Banking as the Best International Private Bank for high-net-worth individuals in Latin America and awarded its digital solutions in the region.
BNY Mellon, First Global Bank to Deploy AI Supercomputer Powered by NVIDIA DGX SuperPOD With DGX H100
- 2 years 2 months ago
- Banking
Moving fast to accelerate its AI journey, BNY Mellon, a global financial services company celebrating its 240th anniversary, revealed Monday that it has become the first major bank to deploy an NVIDIA DGX SuperPOD with DGX H100 systems. Thanks to the strong collaborative relationship between NVIDIA Professional Services and BNY Mellon, the team was able to install and configure the DGX SuperPOD ahead of typical timelines.
BofA Unifies Mobile Apps for Banking, Investing, and Retirement Into One Personalized Digital Experience
- 2 years 2 months ago
- Mobile Banking
Bank of America has launched a massive update to its mobile app, reimagining how clients interact with their finances. As digital engagement continues to soar, 57 million digital clients can now view and manage their full financial lives through a new, unified digital platform that consolidates five apps – Bank of America, Merrill Edge, MyMerrill, Bank of America Private Bank, and Benefits OnLine – into one personalized experience.
