Novobanco Expands Technology Partnership With Nasdaq Calypso to Simplify Its Capital Market Operations
- 3 months 4 weeks ago
- Banking
Novobanco and Nasdaq (Nasdaq: NDAQ) today announced the expansion of their long-standing technology partnership, which will see novobanco expand its use of Nasdaq’s Calypso platform to support the bank’s entire capital market operations. Novobanco, a leading Portuguese independent domestic bank, has used the solution to conduct back-office processing for almost 20 years and will now incorporate its risk and front office functionality to fully... more
Digital Banking Numbers Surge for 2nd Year in a Row, With Better Interest Rates Leading the Charge
- 4 months 17 hours ago
- Banking
Digital-only banking use has grown for the second year in a row, according to new research from personal finance comparison site Finder, with superior interest rates as the biggest factor driving adoption.
nbkc Bank Selects NCR Atleos Allpoint to Expand Access to Self-Service Banking
- 4 months 1 day ago
- Banking
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $1.1 billion-asset nbkc bank has selected Atleos’ Allpoint Network to provide expanded, more convenient access to everyday banking transactions for its customers.
BofA’s Consumer Investments Surpasses $500 Billion in Assets as Clients Choose High-Tech, High-Touch Approach to Managing Finances
- 4 months 4 days ago
- Banking
Bank of America today announced its Consumer Investments business has grown to more than $500 billion in client assets, a more than 10-fold increase since the business started a decade ago. This includes nearly 4 million client accounts with Merrill Edge Self-Directed and Merrill Guided Investing, built on Merrill’s industry-leading technology and investment offerings.
Bank Alfalah Acquires Strategic Stake in UAE Fintech Jingle Pay
- 4 months 4 days ago
- Banking
Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in the MENAP region. The Bank's fintech investment underscores its commitment to driving digital transformation and fostering financial inclusion across key markets.
SRM Announces Preferred Partnership Status With the New Hampshire Bankers Association, Ready to Deliver Operational Savings and Consulting Expertise
- 4 months 4 days ago
- Banking
SRM announced a new partnership with the New Hampshire Bankers Association (NHBA). The NHBA will recognize SRM as an official Preferred Partner. This distinguishes SRM as a trusted specialist that New Hampshire banks and bankers can rely on for operational excellence and optimization, including vendor sourcing and RFP support and diplomatic contract negotiations related to signature card networks and payments vendors.
Bitget Introduces Bank Deposits With ZEN Integration, Enabling Access for Eleven Fiat Currencies
- 4 months 6 days ago
- Banking
Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the integration of ZEN.com, a renowned banking solution, into its fiat deposit and withdrawal channel. With this integration, Bitget users can now seamlessly deposit and withdraw funds using 11 supported fiat currencies, including PLN, CZK, DKK, AUD, CAD, NOK, SEK, CHF and HUF.
Bank of Hangzhou Extends Scope on MX.3 With FRTB Solution
- 4 months 6 days ago
- Banking
Bank of Hangzhou has expanded its use of Murex's MX.3 platform by implementing the Fundamental Review of the Trading Book (FRTB) solution, MX.3 for FRTB, using the standardized approach (SA). The Bank of Hangzhou initially implemented MX.3 in 2021 to support capital markets activities across asset classes, covering front-office, back-office and risk management functions. The platform has consistently met the bank's needs for business expansion,... more
Lumin Digital Taps FINBOA as Digital Banking Automation Partner for Enhanced Dispute Management
- 4 months 6 days ago
- Banking
Today, the leading cloud-native digital banking provider, Lumin Digital , announced it has partnered with process automation provider FINBOA.
Tietoevry Banking Secures European Payments Council Registration for Routing and Verification Services
- 4 months 1 week ago
- Banking
Tietoevry Banking, the leading provider of financial software solutions, is today announcing that it has registered with the European Payments Council as a provider of Routing and Verification Mechanisms (RVM) for Verification of Payee (VoP) solutions. Thanks to a partnership with Movitz Payments, this will include confirmation of both payer and payee – adding an extra layer of security and confirmation for banks and their customers.
The Outlook of Islamic Finance in 2025 Appears Promising
- 4 months 1 week ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics (CIBE) has projected a promising outlook for the Islamic finance industry in 2025, with assets anticipated to surpass the $5 trillion milestone. This forecast underscores the resilience and growing significance of the Islamic finance ecosystem amidst evolving global financial landscapes. Despite slower progress in Islamic microfinance over the last two to three years, 2025 is expected to mark a... more
Triple Honours in the King’s New Year Honours for British Business Bank
- 4 months 1 week ago
- Banking
British Business Bank CEO, Louis Taylor, has been awarded a CBE for services to Business and Trade in the King’s New Year honours list 2025. In addition, Catherine Lewis La Torre, former CEO of the Bank’s commercial subsidiaries, British Patient Capital and British Business Investments, and interim CEO of the British Business Bank has also been awarded a CBE for services to Business.
Garanti BBVA Enhances Investment Options on Its Mobile App
- 4 months 3 weeks ago
- Mobile Banking
Garanti BBVA recently revamped ‘Garanti BBVA Mobile’, making it faster and easier for investors to monitor and manage their investment portfolios directly on the app. The new menu for investments allows customers to view their portfolio distribution, check the status and research investment options that match their investment goals - all on a single screen. Furthermore, Garanti BBVA Mobile also offers educational content designed to improve... more
Varo Bank Introduces Zero Fee Cash Deposits at Participating CVS Locations
- 4 months 3 weeks ago
- Banking
Varo Bank, the first all-digital nationally chartered bank in the U.S., today announced a collaboration with Green Dot Corporation (NYSE:
Independent Research Firm Names Temenos a Leader in Digital Banking Processing Platforms
- 4 months 3 weeks ago
- Banking
Temenos today announced that it has been named a Leader in The Forrester Wave™: Digital Banking Processing Platforms, Q4 2024. According to Temenos, this reflects the flexibility and rich functionality of its comprehensive core banking solutions, which are further enhanced by a strong partner ecosystem and Temenos’ continued investment in innovation.
