Revolut Secures Organisation Authorisation in Peru, Moving to Formally Incorporate as a Bank
- 1 day 8 hours ago
- Banking
Revolut, the global fintech with over 70m customers, has today been granted an Organisation Licence by the Superintendency of Banking, Insurance and AFP (SBS) of Peru, a key step in its banking licensing process. With this major regulatory milestone, Revolut is set to become the first fully digital bank authorised in Peru.
Moneyhub Partners With the Tax Guys to Help Landlords and Sole Traders Navigate Making Tax Digital
- 1 day 8 hours ago
- Banking
Moneyhub, the leading data and intelligence platform, today announced a new partnership with The Tax Guys, a UK tax advisory firm serving landlords and sole traders. This partnership will power the firm's Clean Books platform, which automates financial data collection and supports compliance with HMRC's Making Tax Digital (MTD) requirements.
Banco Angolano de Investimentos Selects Finastra to Scale with Customer and Industry Demands
- 1 day 8 hours ago
- Banking
Finastra, a global leader in financial services software, announced that BAI - Banco Angolano de Investimentos, S.A. (Sociedade Aberta), one of Angola’s largest financial services providers, has selected Finastra Essence to upgrade its core banking system. The next-generation, open-API enabled platform will strengthen BAI’s operational resilience and ability to quickly adapt to changing customer, industry, and regulatory demands.
NatWest and Sainsbury’s Announce New Partnership
- 1 day 9 hours ago
- Banking
NatWest and Sainsbury’s today announce a new agreement that will bring a range of new financial products to Sainsbury’s customers, with exclusive benefits for Nectar members. This follows NatWest’s acquisition of Sainsbury’s Bank plc’s (“Sainsbury’s Bank”) personal loan, credit card and retail deposit portfolios (together the “core banking business”) in 2025.
Gr4vy and Plaid Partner to Enable Pay-by-Bank Payments for Global Merchants
- 2 days 4 hours ago
- Banking
Gr4vy, the cloud-based payment orchestration platform, today announced a strategic partnership with Plaid, the global data network powering open-banking connections for fintechs and financial institutions. The collaboration enables merchants using Gr4vy to offer Pay-by-Bank, also known as account-to-account (A2A) payments, as part of their core checkout experience, providing a lower-cost alternative to card transactions without additional... more
Uzbekistan Enters Islamic Finance Era; AlHuda CIBE Steps in to Support
- 2 days 7 hours ago
- Islamic Finance
Uzbekistan has Taken a Significant Step Toward Strengthening and Diversifying Its Financial Sector by Advancing the Introduction of Islamic Banking and Finance. This Strategic Move is expected to enhance Financial Inclusion, Attract Foreign Investment, Create New Opportunities for Banks, Non-Banking Financial Institutions, Investors, And Entrepreneurs and Provide Shariah-Compliant Financial Solutions to a Broader Segment of the Population.
Rhinebeck Bank Partners With MANTL to Accelerate Digital Account Opening
- 6 days 4 hours ago
- Banking
MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced a partnership with Rhinebeck Bank to modernize and transform business and retail account opening across physical and digital banking channels. With MANTL, Rhinebeck Bank will reduce friction, expand its digital reach, and better serve a broader range of businesses and consumers through a secure, seamless experience designed for... more
GoCardless and Jellyfish Energy Complete First Recurring Pay by Bank Transaction
- 6 days 4 hours ago
- Banking
Bank payment company GoCardless has today announced the successful completion of the first recurring Pay by Bank transaction, processed on behalf of Jellyfish Energy, the fast-growing business energy supplier. This landmark transaction was completed as part of a ‘live testing’ exercise with banks, proving the viability of open banking payments beyond the sweeping functionality introduced in 2022.
SmartStream Smart Agents Delivers 70% Reduction in Back-Office Investigation Time, Proving the Case for Autonomous Operations
- 6 days 4 hours ago
- Banking
Smartstream, the trusted data solutions provider for leading global financial institutions and enterprises, today announces that Smart Agents - its agentic AI solution for bank back-office operations is delivering measurable, transformational impact, with pilot results showing a 70% reduction in investigation time per user, per break.
Fingular Expands Into Shariah-Compliant Segment With New Brand Tazee
- 1 week 12 hours ago
- Islamic Finance
Fingular, a fintech holding headquartered in Singapore, announces the launch of Tazee, a new Shariah-first consumer financing brand in Malaysia. The new brand focuses on providing fully Shariah-compliant, fast digital financing solutions tailored to local market needs.
First International Bank & Trust (FIBT) Launches Giftly’s Digital Gifting Platform on Kotapay’s Kavinu™ Platform
- 1 week 2 days ago
- Banking
Kotapay, a division of First International Bank & Trust (FIBT), today announced that Giftly, a fast‑growing digital gifting platform that allows people to send personalized, monetary gifts to friends, family, and colleagues, is now live on Kavinu, FIBT’s bank-direct Banking as a Service (BaaS) platform. The partnership supports Giftly’s payout experience with modern, cloud-based infrastructure, with Kotapay delivering ACH processing.
Revolut Reports Record Profit of $2.3bn for 2025 as Revenue Surges to $6bn
- 1 week 2 days ago
- Banking
Today, Revolut released its Annual Report for the year ending 31 December 2025. Ten years after its launch, the Group is delivering record profitability and global scale as it transitions into a truly global bank.
Allica Bank Named Most Recommended Business Bank by Over 4,000 Businesses
- 1 week 5 days ago
- Banking
Allica Bank, the bank built for established businesses, has been named the UK’s most recommended business bank in the 2026 UK Banking & Finance Awards, based on feedback from more than 4,000 businesses. The awards are run by RFI Global, an independent financial services research and data firm. The recognition is based entirely on customer feedback, with UK businesses surveyed directly about their experience with their banking providers.
Nationwide Becomes First Major Banking Provider to Publish Disabled Access Guides and Urges All Businesses to Follow Suit
- 1 week 6 days ago
- Banking
Nationwide has become the first major UK banking provider to publish detailed access guides for all 605 of its branches - and is calling on all British businesses to follow suit. The move forms part of the Society’s commitment to financial inclusion and is intended to provide greater support for disabled households.
Banks Hit IT Inflection Point; Over a Quarter (26%) of Mission-Critical Tech Reaches End-of-Service
- 2 weeks 6 hours ago
- Banking
Banks and financial institutions are hitting a decisive moment in their technology journeys, according to research from Kyndryl, a leading provider of mission-critical enterprise technology services.
