EquiLend's 1Source Goes Live with BNY and National Bank of Canada, Additional Counterparties to Follow
- 1 month 2 weeks 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 month 2 weeks 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 month 2 weeks 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 month 2 weeks 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.
Google Launches Bank Account Verification Service in Europe for Business Customers from Lithuania
- 1 month 3 weeks ago
- Banking
Google Payment Lithuania is launching a bank account verification service, a new optional solution designed to enhance the customer experience for business customers across Europe. The service is provided in collaboration with Open Banking infrastructure platform Yapily. The new optional service streamlines the bank account verification process for European business customers, enabling faster account activation and service access, through a... more
Atom Arrives in Newcastle, Bringing 600 Jobs and Creating an Additional 30 New Roles
- 1 month 3 weeks ago
- Banking
Atom bank has announced the official opening of its new headquarters in Newcastle. The move from its previous home in Durham to the historic Pattern Shop marks a new era for the digital bank and its near 600 employees, reinforcing its commitment to the North East and creating significant opportunities for local talent, including almost 30 open job vacancies across a mix of expertise.
70% of UK Finance Professionals See AI Driving the Future of Cross-Border Banking
- 1 month 3 weeks ago
- Banking
Artificial intelligence is rapidly becoming essential to how UK banks and fintechs retain customers in international markets, according to new research from DeepL, a global AI product and research company. A new survey of 1,500 financial services professionals in Europe, including 500 across the UK reveals that AI is now embedded in customer communications – from faster support to real-time multilingual translation – with over a third (37%)... more
Big Issue Partners with fumopay to Roll Out New Way for Vendors to Take Cashless Payments via Open Banking
- 1 month 3 weeks ago
- Banking
Big Issue has partnered with open banking payment provider fumopay to offer its vendors an innovative new way to take cashless payments.
Bud Financial Launches MCP Server to Accelerate AI Agents with Bank-Grade Financial Intelligence
- 1 month 3 weeks ago
- Banking
Bud Financial (“Bud”), the AI platform that turns banking data into actionable insights, today announced the release of the Bud MCP server, enabling rapid development of AI agents that benefit from a deep, real-time understanding of users’ finances. Bud’s MCP server lets AI applications integrate seamlessly with Bud’s platform so that banks can rapidly deploy AI internal and customer facing systems while safely leveraging their core customer... more
Evertec Announces Closing Of Controlling Stake In Tecnobank, Expanding Product Offering In Brazil
- 1 month 4 weeks ago
- Banking
EVERTEC, Inc. today announced that the Company has closed the previously announced transaction to acquire a controlling stake in Tecnobank Tecnologia Bancária S.A. (“Tecnobank”), a leading fintech vendor in Brazil’s digital vehicle financing contract registration sector, through its wholly-owned subsidiary Evertec Brasil Informática S.A.
Hanscom Federal Credit Union And Alkami Forge Strategic Partnership To Power A Differentiated Mobile Banking Experience
- 1 month 4 weeks ago
- Banking
Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a digital sales and service platform provider for financial institutions in the U.S., today announced a strategic partnership with Hanscom Federal Credit Union (HFCU) to support the launch of HFCU’s proprietary mobile banking experience. Designed to deliver a convenient, gamified approach to banking, the mobile application (app) will empower members with personalized tools for financial wellness.
VERMEG Introduces A New Standard In Collateral Optimization At SIBOS 2025
- 1 month 4 weeks ago
- Banking
At SIBOS 2025, one of the recurring topics is the growing pressure on financial institutions to do more with less collateral. Between rising funding costs, tightening regulatory ratios, and heightened market volatility, optimization has become a strategic priority. VERMEG responds with the launch of Optimizer, its latest innovation designed to simplify and accelerate collateral optimization while addressing the industry’s most pressing pain... more
Interpolitan Money Secures DFSA Category 3C And 4C Licences, Expanding Its Service Offering In UAE As Part Of Global Growth
- 2 months 6 hours ago
- Banking
Alternative banking solutions provider Interpolitan Money has been granted both a Category 3C and 4C licence by the Dubai Financial Services Authority (DFSA), marking a significant milestone in the firm’s global expansion strategy and strengthening its presence in the Middle East.
Nubank Applies For U.S. National Bank Charter
- 2 months 12 hours ago
- Banking
Nubank, one of the world's largest digital financial services platforms, announced today that it has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) of the United States. This undertaking is aligned with the company’s intention to explore future international opportunities by evolving its regional platform into a global model. Pursuing a U.S. national bank charter positions Nubank to unlock new... more
Financial Institution Türk Ekonomi Bankası To Deploy Provenir’s AI Decisioning Platform
- 2 months 1 day ago
- Banking
Provenir, a global leader in AI risk decisioning software, today announced Türk Ekonomi Bankası (TEB) has selected the Provenir AI Decisioning Platform to speed batch risk decisioning processes for its retail and small business lending products.
