The Dawn of the Embedded Economy: UK Corporates Turn to Embedded Financial Services as Growth Driver, ClearBank Research Finds
- 1 hour 47 min ago
- Banking
New research from ClearBank reveals that large UK businesses now view embedded financial services as a strategic boardroom decision and business growth driver.
Innovation Celebrated as Winners of Open Banking Expo Awards 2025 Revealed
- 22 hours 52 min ago
- Banking
The Open Banking Expo Awards 2025 have unveiled this year’s winners – a celebration of the organisations and individuals driving excellence across Open Banking, Open Finance and payments. Now in its fourth year, the Awards once again took centre stage at the end of day one of Open Banking Expo UK & Europe, held at London’s Business Design Centre. The event recognises outstanding contributions across 17 categories, from emerging talent to... more
PNC Bank Expands Immediate Payments Solutions by Joining the FedNow® Service
- 23 hours 7 min ago
- Banking
PNC Bank, N.A., today announced it has expanded its instant payments capabilities by joining the Federal Reserve’s instant payments system, the FedNow Service. The FedNow Service is a real-time payment infrastructure developed by the Federal Reserve that enables participating U.S. financial institutions to send and receive instant payments 24/7, 365 days a year.
Mambu Launches Composable Banking Approach in the US to Future-Proof the Next Generation of Credit Unions
- 1 day 1 hour ago
- Banking
Mambu, the leading cloud-native core banking platform, today announced the launch of its composable banking approach for credit unions (CUs) in North America, at this year’s Money20/20. Mambu, whose customers include League Data and over 40 Credit Unions worldwide, has brought this initiative to help credit unions move beyond legacy core systems, modernize their infrastructure, and deliver next-generation digital experiences to their... more
Zilch Partners With Plaid to Enable Open Banking Repayments
- 2 days 57 min ago
- Banking
Zilch, the consumer payments platform powering the future of commerce, today announced it has partnered with Plaid to integrate open banking into the heart of its repayment experience. Together, the companies will unlock new, streamlined ways to repay for its 5 million+ customers.
BNY Releases Its Second Annual Voice of Community Banks Survey Results
- 2 days 19 hours ago
- Banking
In 2024, BNY launched its inaugural Voice of Community Banks survey and whitepaper, in collaboration with Harris Poll, to get a pulse check on the state of community banks in the U.S.
Revolut Gets Green Light to Launch Banking Operations in Mexico
- 2 days 22 hours ago
- Banking
Revolut, the global fintech leader with over 65 million retail customers today announced it has received final authorisation from the National Banking and Securities Commission (CNBV), with approval of the Bank of Mexico, to start operations as a Multiple Banking Institution in Mexico. This pivotal approval is the last regulatory step required before opening the bank’s doors to the public, cementing its long-term commitment to the Mexican market.
Lolly and Lloyds to Launch Pay by Bank System at Open Banking Expo
- 3 days 17 min ago
- Banking
Lolly, the UK-based hospitality technology specialist, has collaborated with Lloyds to develop an innovative Pay by Bank system, which will be showcased at the upcoming Open Banking Expo.
New Fintech Launches Offering a New Way to Save – Turn UK Savings into Netflix, ChatGPT and Flights
- 6 days 2 hours ago
- Banking
Stoa, a new UK fintech startup, today announced the launch of Stoa Pots, giving consumers a fresh choice for their savings. Instead of meagre interest rates that rarely beat inflation, Stoa turns savings into free subscriptions and one-off perks - rewards people actually want and need.
Thredd Powers ANNA Money’s Super-App Business Account in Australia
- 6 days 22 hours ago
- Banking
Thredd, the leading next-generation global payments processor, today announced it is powering ANNA Money’s business accounts in Australia. The collaboration delivers instant virtual cards and physical commercial debit cards, with the platform engineered for secure wallet support - so customers can add cards to leading mobile wallets (when available), all backed by Thredd’s real-time authorisation and settlement.
Guardian Credit Union Completes Lending in One Conversation with Eltropy's AI-Powered Digital Platform
- 1 week 2 hours ago
- Banking
Eltropy, the leading AI-powered digital conversations platform for community financial institutions (CFIs), announced today that Guardian Credit Union has moved its entire lending workflow to text messaging using Eltropy's secure platform integrated with Sync1 Systems.
EquiLend's 1Source Goes Live with BNY and National Bank of Canada, Additional Counterparties to Follow
- 1 week 2 hours ago
- Banking
EquiLend, the global financial technology, data and analytics company for the securities finance industry, today announced that The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, and National Bank of Canada (TSE: NA) began executing trades utilizing 1Source's distributed ledger technology (DLT) to increase efficiency, reduce breaks, and eliminate reconciliations.
Ripple Expands Global Custody Footprint into Africa Through New Collaboration with Absa Bank
- 1 week 22 hours ago
- Banking
Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced a strategic partnership with Absa Bank to provide digital asset custody to the bank’s customers in South Africa. Through the partnership, Absa will leverage Ripple’s institutional-grade digital asset custody technology to deliver scalable and secure storage for tokenized assets, including cryptocurrencies.
Two-Thirds of UK Banks Now Powering Their Services with AI, but Consumer Attitudes Remain Split
- 1 week 2 days ago
- Banking
Most banks and financial service providers in the UK are now using artificial intelligence (AI) to power their services, according to new research from Europe’s leading provider of credit and insurance information, CRIF.
mBank Sets New Standards in Europe
- 1 week 2 days ago
- Banking
mBank successfully completes one of the most ambitious technology modernization programs in the European banking sector. The bank has been recognized with the top honor in the Forrester Technology Strategy Impact Award 2025 for the EMEA region (Europe, Middle East, and Africa). The award acknowledges the effective execution of a comprehensive IT transformation strategy that has completely reshaped mBank’s technological infrastructure.