FCM Bank Malta Taps DXC Technology and Temenos Platform for Core Banking System Modernization
- 3 years 4 months ago
- Banking
FCM Bank’s new core banking solution was built to anticipate the current and future expansion plans of the bank and its parent company SAB Financial Group DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services partner, has partnered with solution provider Temenos (SIX: TEMN) to lead the digital transformation of critical IT architecture for FCM Bank, one of Malta’s leading providers of savings and fixed-term products.
Surecomp Partners with BIDV to Streamline Trade Finance
- 3 years 4 months ago
- Banking
Surecomp today announced that the Joint Stock Commercial Bank for Investment and Development of Vietnam, commonly known as BIDV, has gone live with its DOKA™ and allNETT™ solutions to fully digitize trade finance processing.
Single.Earth Chooses LHV UK as a Banking Partner to Gain Access to Real-time Payments
- 3 years 4 months ago
- Banking
LHV UK, a leading banking services provider to over 200 fintech and crypto companies, is pleased to announce that Single.Earth, an EQT-backed startup tokenising nature, chose LHV UK as its banking partner to gain access to real-time EUR payments and other banking services.
Moank is Live with Vilja Banking Platform for its New Savings Offering
- 3 years 4 months ago
- Banking
In July, the fast-growing Swedish fintech Moank launched savings accounts with a state deposit guarantee. The unique offering is called Moank Flex.
Zopa Bank Reaches £2 Billion in Customer Savings
- 3 years 4 months ago
- Banking
Zopa bank has now crossed the £2 billion deposit mark, making it one of the fastest challenger banks to reach the milestone. With rising inflation, energy prices, and rent increases adding considerable pressure on consumer finances, Zopa’s ambition is to make the billions in “zombie money” sitting idle in UK current accounts work harder.
British Business Bank Makes New Commitment to Propel to Enable £165M of Asset Finance for Smaller UK Businesses
- 3 years 4 months ago
- Banking
The British Business Bank today announces a new ENABLE Funding facility to Propel, one of the UK’s largest and fastest growing independent asset finance providers. The new facility will allow Propel to provide around £165m of finance to smaller businesses across the UK.
Shanghai Commercial & Savings Bank Adopts Temenos Platform for Retail and Corporate Banking
- 3 years 4 months ago
- Banking
Shanghai Commercial & Savings Bank (SCSB), one of the listed banks in Taiwan, has selected Temenos and IBM to replace its legacy core systems with Temenos open platform for composable banking.
Huntingdon Valley Bank To Access Up To $100M of DeFi Funding Through MakerDAO
- 3 years 4 months ago
- Banking
MakerDAO, the longest-standing DeFi lending protocol and creator of DAI, the original, decentralized stablecoin, today announced that Huntingdon Valley Bank (HVB) has been approved to utilize a $100M participation facility, funded by a Maker Vault.
CLS Welcomes Chong Hing Bank as Third-party Bank to CLSSettlement
- 3 years 4 months ago
- Banking
CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, announced today that Chong Hing Bank is the second Chinese bank to access CLSSettlement as a third-party participant via UBS, a CLS settlement member.
BACB Partners with Tropical Bank Uganda
- 3 years 4 months ago
- Banking
British Arab Commercial Bank (BACB) has signed a collaboration agreement with leading Uganda-based commercial lender Tropical Bank Limited (Tropical Bank) to mutually support a range of projects and trade opportunities.
PayNearby Integrates Government Super App, UMANG, to Offer Citizens Assisted e-Gov Services
- 3 years 4 months ago
- Banking
To offer ease and further the Government’s vision to make e-governance 'mobile first' in India, PayNearby, India’s leading branchless banking and digital network, has integrated the all-in-one app UMANG (Unified Mobile Application for New-age Governance) into its platform.
New Bank Launch Promises to Boost the UK Property Sector
- 3 years 4 months ago
- Banking
The property sector across the UK is set for a £3bn boost as specialist bank GB Bank officially launches after receiving its full UK banking licence. The banking licence allows Middlesbrough-headquartered GB Bank to start driving its ambitious plans forward. It has committed to lend £3bn over five years. The funding will support the creation of over 100,000 jobs, 20,000 new homes and several million square feet of office space.
Glia and Veritran Partner to Help Banks and Credit Unions Digitally Transform Customer Service Globally
- 3 years 4 months ago
- Banking
Glia, the leader in Digital Customer Service (DCS), and Veritran, a leading global Low-Code solutions provider, announced a strategic partnership to offer digital-first customer support to financial institutions worldwide.
Barclays Closes More Branches
- 3 years 4 months ago
- Banking
Barclays has marked another 18 branches for closure, bringing the total number of sites shuttered this year to 178.
Al-Ataa Islamic Bank Signs for ICS BANKS Islamic Platform from ICSFS
- 3 years 4 months ago
- Islamic Finance
Al-Ataa Islamic Bank for Investment and Finance has selected ICS BANKS Islamic Platform, a worldwide digital Shari’a compliant software solution, from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.
