Nymbus Launches Industry-Leading, Secure MCP Server for AI-Driven Core Banking Actions
- 5 months 2 days ago
- Banking
Nymbus, a modern banking platform for U.S. banks and credit unions, today announced the launch of the Nymbus MCP Server, one of the first secure Model Context Protocol (MCP) servers purpose-made for core banking. Built for the Nymbus Banking Platform, the server gives financial institutions a secure, standardized, and controlled way to connect AI-powered experiences to the core through a single interface.
Raiffeisen Bank Reaffirms Long-Standing Commitment to Powering Core Retail Services With Finastra
- 5 months 2 days ago
- Banking
Finastra, a global leader in financial services software, today announced that Raiffeisen Bank Hungary, a subsidiary of Raiffeisen Bank International, has reaffirmed its long-standing commitment to using Finastra technology to power its core retail banking in region. Finastra already supports the bank’s operations in multiple countries, powering services for millions of customers.
Lorum Files for U.S. National Trust Bank Charter to Return Clearing and Custody to a Fiduciary Model
- 5 months 3 days ago
- Banking
Lorum, the specialist correspondent institution serving financial institutions globally, today announced it has filed an application with the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter. This filing is the culmination of a founding thesis: that the correspondent banking system is not broken because of technology or regulation. It is broken because the wrong institutions are running it.
Paymentology Supports the Next Phase of Growth for Snappi, Greece’s First ECB-Licensed Neobank
- 5 months 4 days ago
- Banking
Paymentology, the leading global issuer-processor, is supporting Snappi as the Greek digital bank moves beyond launch into a new phase focused on product depth, operational scale and regulatory-ready platform maturity.
LHV Bank Increases Easy Access Savings Account Rate to 4.25% AER
- 5 months 5 days ago
- Banking
LHV Bank has boosted the interest rate on its Easy Access Savings Account to a highly competitive 4.17% Gross/4.25% AER on balances up to £100,000. LHV’s commitment to savers comes at a time when consumers have been hit hard by Bank of England base rate volatility and a stubborn rise in inflation. The market average easy access savings account pays just 2.42%, falling from 2.85% since March 2025.
Revolut Secures Organisation Authorisation in Peru, Moving to Formally Incorporate as a Bank
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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
- 5 months 1 week 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
Rhinebeck Bank Partners With MANTL to Accelerate Digital Account Opening
- 5 months 2 weeks 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
- 5 months 2 weeks 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
- 5 months 2 weeks 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.
First International Bank & Trust (FIBT) Launches Giftly’s Digital Gifting Platform on Kotapay’s Kavinu™ Platform
- 5 months 2 weeks 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
- 5 months 2 weeks 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.
