Coconut Launches Industry First Partnership With Zempler Bank To Support Millions Set To Be Impacted By Government’s MTD Deadline
- 14 hours 41 min ago
- Banking
North West-based Accounting software fintech Coconut has announced a first-of-its-kind integration with digital business bank Zempler to support the millions of sole traders and landlords affected by the upcoming Making Tax Digital for Income Tax (MTD IT) deadline. The joint offering will simplify and streamline tax preparation - completely free of charge.
CGI Partners With Barclays To Integrate Multi-Bank Trade Finance Platform
- 15 hours 41 min ago
- Banking
CGI, one of the largest independent IT and business consulting services firms in the world, today announced its partnership with Barclays to integrate CGI Trade360, CGI’s global trade finance solution, with Konsole from Komgo, the largest multi-bank trade finance platform.
HPS Signs Two Tens Of Million USD Contracts In Asia With Tier-1 Global Banks
- 3 days 18 hours ago
- Banking
HPS, a global provider of payment solutions, today announced the signing of two major agreements with leading Asian financial institutions ranked among the Top 100 and Top 200 banks worldwide. Each contract is valued in the tens of millions of US dollars and will be deployed in an On-Premise model, enabling HPS to recognize significant revenue and EBITDA contributions as early as 2025. Starting 2H 2025.
Nasdaq And AWS To Advance Capital Markets And Banking Infrastructure Across The Financial System
- 4 days 13 hours ago
- Banking
Nasdaq and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, today announced an expansion of their strategic technology partnership by giving financial institutions the option of deploying Nasdaq Calypso on AWS. It will be offered as a fully managed service powered by AWS, with the underlying technology managed by Nasdaq, as the companies seek to modernize the next generation of capital markets and treasury infrastructure.
TrueLayer Revenues Up 63% In 2024 As It Charts Path To Profitability
- 4 days 18 hours ago
- Banking
TrueLayer, Europe’s leading Pay by Bank provider, today published its 2024 Financial Performance, highlighting an increase in revenues (+63%) and gross profit (+82%). The highlights from TrueLayer’s FY2024 financial data showcase a year of exceptional growth and momentum towards achieving profitability. Key financial highlights from FY2024:
VersaBank Implements New Internally Developed Artificial Intelligence Capabilities Within Core Banking Technology
- 1 week 16 hours ago
- Banking
VersaBank, a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has implemented new, internally developed, state-of-the-art artificial intelligence (AI) capabilities within its proprietary core banking technology. The new AI capabilities enable VersaBank to now actively monitor the entirety of its Receivable Purchase Program (RPP) portfolio continuously in real... more
Shawbrook Powers Hargreaves Lansdown’s First Branded Savings Product
- 1 week 18 hours ago
- Banking
Shawbrook has partnered with Hargreaves Lansdown (HL) to deliver its first branded savings product, launched through the HL Cash ISA. The collaboration highlights Shawbrook’s growing role as the specialist banking partner of choice for financial platforms, combining deep expertise with agile technology to co-create new savings and lending products at pace.
Bancolombia Completes Go-Live on MX.3 for Hedge Accounting Solution
- 1 week 3 days ago
- Banking
Murex is proud to announce Bancolombia is live with MX.3 for Hedge Accounting. IFRS 9 requires banks to assess expected credit losses on loans and receivables, including trade receivables, replacing the previous model based solely on incurred losses by measuring interest rate risks for banking book (IRRBB).
First Fed Bank Launches Apiture for Elevated Business Banking Experience
- 1 week 3 days ago
- Banking
Apiture, a leading provider of digital banking solutions, today announced that
Hidden Costs of Legacy Tech: UK Banks Shelling Out £3.3bn Annually on Managing Core Systems
- 1 week 3 days ago
- Banking
Data-driven core banking engine, SaaScada, today released a new report – The Great Cloud Con: From Cloud-Washed Imitation to Cloud-Native Innovation – exposing the spiralling costs and failures of outdated core platforms.
Zone & Co Launches Direct Bank Connectivity for ZoneReconcile
- 1 week 3 days ago
- Banking
Zone & Co, the ERP-native financial operations platform that unifies order-to-cash and procure-to-pay workflows at scale, today announced the launch of direct bank connectivity within ZoneReconcile. The new treasury feature allows finance teams to connect directly to more than 12,000 banks and financial institutions across the U.S., Canada and the European Union, streamlining transaction imports without leaving their ERP environment.
Personetics Launches PrimacyEdge – Driving Bank Primacy With Cognitive Banking
- 1 week 5 days ago
- Banking
Personetics, the global leader in AI-powered Cognitive Banking, today announced the launch of PrimacyEdge, a groundbreaking product designed to help banks achieve primacy by understanding their customers’ relationships with other financial institutions, and providing a personalized, programmatic approach to strengthening loyalty and increasing share of wallet. PrimacyEdge is part of Personetics’ Engage product suite.
FIS Redefines Banking Modernization With Client at the Core
- 1 week 5 days ago
- Banking
FIS®, a global leader in financial technology, today announced a major leap forward in empowering banks to modernize faster and more effectively than ever before. Rather than limiting transformation to core systems alone, FIS’ new Bank Modernization Framework sets its sights on modernizing the full banking ecosystem.
Tuum Powers Bank CenterCredit’s Digital Transformation, Setting a Blueprint for BaaS and Core Modernization in Global Banking
- 1 week 5 days ago
- Banking
Tuum, the leading next-generation core banking provider, today announced it has been selected by Bank CenterCredit (BCC), Kazakhstan’s third-largest bank, to power its new Banking as a Service (BaaS) proposition. This landmark partnership establishes a strategic model for incumbent banks globally to innovate at speed, compete with digital challengers, and unlock new revenue streams through embedded finance.
