IFAST Global Bank Unveils Multi-Currency Current Account Offering High Interest and Cashback, Collaborating With Visa on Debit Card
- 1 day 1 hour ago
- Banking
iFAST Global Bank is making new strides in UK banking with the launch of its unique Multi-Currency Current Account, an innovative solution that lets customers earn competitive interest rates on multiple currencies while enjoying rewards on everyday debit card spending.
Nu Mexico Receives Banking License Approval, Paving the Way for Product Portfolio Expansion and Increased Financial Inclusion
- 1 day 5 hours ago
- Banking
Nu Mexico, a subsidiary of Nubank, announced today the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to transform into a bank, opening the path to increased competition in the Mexican financial sector.
Citizens State Bank Selects Apiture to Deliver Enhanced Digital and Mobile Banking Experience
- 2 days 17 min ago
- Banking
Apiture, a leading provider of digital banking solutions, today announced that Ouray, Colo.-based
Tandem Posts 40% Profit Growth, Underlining Its Status as the UK’s Greener Digital Bank
- 2 days 5 hours ago
- Banking
Tandem Bank – the UK’s greener digital bank – today publishes its latest annual report, revealing profitability up 40% with underlying profit reaching £24.1m, revenue up over 9% to £98.7m and AUM growing 5.2% to over £1.5bn.
Zopa Bank Doubles Full-Year Profit to £34.2 Million
- 2 days 5 hours ago
- Banking
Zopa, the British digital bank pioneer with more than 1.4 million customers, today reports its second full year of profitability. Doubling (2x) profit before tax to £34.2 million for the financial year ending 31 December 2024, the milestone underscores Zopa Bank’s remarkable trajectory since launching in 2020. Including share-based payments, PBT in 2024 was £31.6 million compared to £15.8 million in 2023.
Nationwide Building Society Extends Partnership With Visa to Advance Account-to-Account Payments
- 3 days 6 hours ago
- Banking
Visa announces today that it has been chosen by Nationwide to deliver Debit and Credit card products to its current account and credit card customers, who form part of the building society’s 16 million members. This extends a 35-year partnership between the two companies, as Nationwide retains Visa as its leading scheme provider.
BrightStar Credit Union Fuels Future Growth and Expansion With Jack Henry
- 3 days 22 hours ago
- Banking
Jack Henry™ announced that BrightStar Credit Union (BSCU) chose Jack Henry's Symitar® platform and complementary products to support its growth and deliver better member experiences.
Glia Powers Seamless Mobile Banking Experience With Expanded CU*Answers App Integration
- 3 days 22 hours ago
- Mobile Banking
Glia, the leader in customer interaction technology, today announced the expanded availability of its Unified Interaction Management (UIM) platform through a new mobile app integration with CU*Answers. A trusted credit union service organization (CUSO), CU*Answers is harnessing Glia’s ChannelLess® platform to enhance its It’s Me 247 mobile banking app used by credit unions nationwide.
GB Bank Breaks £2 Billion Balance Sheet Milestone – Months After Hitting Profitability
- 4 days 3 hours ago
- Banking
GB Bank, one of the UK’s fastest-growing challenger banks, today announced that its balance sheet surpassed £2 billion. The news comes after it received its most recent tranche of £90 million in growth capital since May last year before hitting profitability just a few months later in October.
Fiserv Supports Vanquis Banking Group's Digital Transformation
- 4 days 5 hours ago
- Banking
Fiserv, Inc., a leading global provider of payments and financial services technology, today announced that it is partnering with Vanquis, a leading specialist bank and a valued Fiserv client for many years, to support its technology transformation.
FICO Platform Helps Lloyds Banking Group Say Yes to More Customers
- 4 days 5 hours ago
- Banking
As part of an ambitious programme to move its lending infrastructure to the cloud, Lloyds Banking Group (LBG) has transformed its operations with FICO® Platform, enabling over £7 billion in annual loans. By leveraging real-time data ingestion and advanced analytics, the platform has helped to drive a 2.5% credit card approval uplift, double new-to-bank consumer loan customers, and resolve over 50 system limitations — delivering faster, smarter,... more
10x Banking Announces New AI Capabilities to Accelerate Core Banking Transformation
- 4 days 6 hours ago
- Banking
10x Banking, the cloud-native core banking platform, today unveiled a suite of new AI capabilities being integrated into 10x Banking’s meta core to accelerate banking transformation, improve operational efficiency, and enhance decision-making for banks.
A New Report From SumUp Reveals UK Residents' Banking Preferences
- 1 week 3 days ago
- Banking
As digital technology continues to reshape the financial landscape, banking preferences are shifting in significant ways. Traditional bank branches, once the cornerstone of personal finance, are becoming less central to people’s banking needs.
New Open Banking-Powered Partnership Simplifies Insurance Claims for UK Businesses, Reducing Manual Processing Times by 30%
- 1 week 3 days ago
- Banking
Businesses will now be able to make faster claims on their insurance and receive more accurate payouts thanks to a new innovative partnership between Europe’s leading provider of consumer and business credit information CRIF and claims management firm Crawford.
Thinslices and Salt Edge Partner to Simplify Financial Data Aggregation and Open Banking Payments
- 1 week 3 days ago
- Banking
Thinslices, a full-service product development company, and Salt Edge, a leading open banking solutions provider, have merged capabilities to streamline financial data aggregation and enable account-to-account payments for businesses across industries.
