Mobey Forum Highlights Strategic Opportunities for Banks in Embedded Finance
- 1 year 10 months ago
- Banking
A new report published today by Mobey Forum’s Payments Expert Group has identified the unique growth drivers and opportunities that embedded finance offers financial institutions.
illimity Adheres to United Nations Principles for Responsible Banking
- 1 year 10 months ago
- Banking
illimity Bank S.p.A., signed the UN Principles for Responsible Banking (PRB), one of the most important sustainability frameworks in the financial sector. The PRB has 338 signatories worldwide, representing approximately 54% of global banking assets, as well as $ 98.7 trillion in total assets.
Qatar’s Lesha Bank Migrates to Latest Temenos Banking Platform
- 1 year 10 months ago
- Banking
Temenos today announced that Lesha Bank, an investment bank based in Qatar has migrated to the latest Temenos core banking platform to enhance its wealth management and investment banking services. The move enables Lesha Bank, a long-standing Temenos client, to get to the modern API-driven, cloud-native technology and to have access to the latest banking capabilities from Temenos and the Exchange ecosystem.
NCR Atleos Shares 2024 Banking Trends to Watch
- 1 year 10 months ago
- Banking
Consumer preferences continue to shift at a rapid pace, and banks and credit unions are being challenged to adapt. In addition to evolving customer expectations, institutions across the globe face lingering economic pressures that make driving efficiencies and optimizing processes a significant priority. These factors are creating both challenges and opportunities as we look to a new year. Experts from NCR Atleos today shared the following... more
PXP Financial Named Fintech Power 50 Trailblazer
- 1 year 10 months ago
- Banking
PXP Financial, the experts in global acquiring, payment, fraud and data analysis services, has been revealed as among the year’s top FinTech trailblazers by the Fintech Power 50.
Mambu Reveals Top Financial Trends Set to Shape the Industry in 2024
- 1 year 10 months ago
- Artificial Intelligence, Banking
Mambu, the
CFPB Orders Atlantic Union Bank to Pay $6.2 Million for Illegal Overdraft Fee Harvesting
- 1 year 10 months ago
- Banking
The Consumer Financial Protection Bureau (CFPB) today took action against Atlantic Union Bank for illegally enrolling thousands of customers in checking account overdraft programs. The CFPB found that Atlantic Union misled consumers who enrolled in this overdraft service by phone and failed to provide proper disclosures. The CFPB is ordering Atlantic Union to refund at least $5 million in illegal overdraft fees and pay a $1.2 million penalty to... more
HSBC Pioneers Quantum Protection for AI-powered FX Trading
- 1 year 10 months ago
- Banking
HSBC has become the first bank to pioneer quantum protection for AI-powered foreign exchange trading. As one of the world's largest foreign exchange providers, HSBC is leading the way in exploring how quantum cryptography can safeguard highly sensitive trading data against possible cyber threats as powerful as future quantum attacks.
Lucinity Estimates $27 Billion Annual Savings for Banks Through Generative AI Upskilling
- 1 year 10 months ago
- Artificial Intelligence, Banking
Lucinity, the leader in AI for financial crime prevention, estimates that the recent advancements in generative AI can save the banking industry $27 billion annually in training and staff costs. Generative AI has the potential to significantly enhance the skills of less-experienced workers, improve the quality of their output, and result in substantial cost savings for the banking sector.
Report Highlights Need for Banking Hubs as Million at Risk of No Local Branch
- 1 year 10 months ago
- Banking
Nearly a million customers across the UK are at risk of having no major bank branch in their local area within a matter of months, according to a new study on the state of banking in the UK.
Shawbrook Bank Turns to SAS Viya on Microsoft Azure
- 1 year 11 months ago
- Banking
Shawbrook Bank, expert providers of personal loans, residential and commercial mortgages, SME finance, and savings products, has implemented SAS® Viya® on Microsoft Azure to enhance its application of analytics, mitigate risk and better meet customers’ evolving needs.
GFT Partners with Engine by Starling to Help Banks Rapidly Modernise
- 1 year 11 months ago
- Banking
Starling Bank is working with GFT, the global digital transformation pioneer, as an implementation partner for its Software-as-a-Service business, Engine by Starling.
Bank of Commerce Selects Infosys Finacle Suite for its Core Banking Transformation
- 1 year 11 months ago
- Core Banking
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Bank of Commerce, an affiliate of San Miguel Corporation (SMC) group and one of the fast-growing universal banks in the Philippines, today announced the bank’s decision to select Infosys Finacle Suite for its core banking transformation.
Trade Ledger and 10x Banking Revolutionise Commercial Lending with Comprehensive Account Creation and Lending Solution
- 1 year 11 months ago
- Banking
B2B LendTech platform Trade Ledger and 10x Banking, the transformational cloud-native SaaS core banking platform, have partnered to offer banks and alternative l
Paydock and Commonwealth Bank of Australia Deliver Industry Leading Solution to Enhance the Payments Experience for Merchants
- 1 year 11 months ago
- Banking
Paydock, the leading institutional payment orchestration platform, and Australia’s leading bank, Commonwealth Bank (CBA), have officially rolled out PowerBoard, an innovative payments offering that gives Australian merchants flexibility and
