Standard Life Strengthens Partnership with Moneyhub and Announces Plans to Deliver Commercial Pensions Dashboard
- 6 months 3 weeks ago
- Mobile Banking
Standard Life, part of Phoenix Group, the UK’s largest long-term savings and retirement business, has partnered with Moneyhub, the market-leading Open Banking and Open Finance platform, to deliver its pensions dashboard. This marks the first UK provider to commit to offering a commercial pensions dashboard.
British Business Bank Supports More than £12.4B of Finance through its Core Programmes and Meets its Objectives, but Reports a Loss for 2022/23 Due to Falls in Market Valuations
- 6 months 3 weeks ago
- Banking
Louis Taylor, CEO, British Business Bank, said: “The British Business Bank has continued to build momentum in 2022/23, making a total of £1.6bn of commitments despite the challenging economic environment.
Monument Bank Introduces Notice Accounts
- 7 months 3 hours ago
- Banking
Monument (or the “Bank”) announces the expansion of its savings proposition with the launch of its new Notice Accounts. The introduction of this product follows feedback from the Bank’s savings clients, largely mass affluent individuals, who value a wide range of product options to fit their various savings goals, with greater flexibility. This launch is a further addition to the suite of savings products already offered by the Bank which... more
Guaranty Trust Bank Selects Infosys Finacle for its Multi-Country Digital Banking Transformation
- 7 months 1 day ago
- Banking
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), and Nigeria’s Guaranty Trust Bank (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc, today announced that Guaranty Trust Bank has selected the
AlHuda CIBE is Committed to Strengthen the Islamic Finance Industry in Zimbabwe
- 7 months 1 day ago
- Islamic Finance
AlHuda Center of Islamic Banking & Economics (CIBE) and the Zimbabwe Association of Microfinance Institutions (ZAMFI) are pleased to announce their collaboration in hosting a specialized two-day training workshop on "Islamic Banking, Finance & Islamic Microfinance." The training is scheduled to take place on October 10th and 11th 2023, in Harare, Zimbabwe.
Core10 Selected as a Preferred Service Provider for the Community Bankers Association of Illinois
- 7 months 1 day ago
- Banking
Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending and account opening products, as well as software development services is now a Preferred Service Provider (PSP) for the Community BancService Corporation (CBSC).
Lloyds Bank Completes First Digital Trade Transaction Under New UK Legislation
- 7 months 2 days ago
- Banking
The ETDA gives electronic Bills of Exchange, Bills of Lading and other commercial documents the same legal footing as paper documents. The legislation is designed to give UK businesses and participants in the 60-80% of trade transactions worldwide that are subject to English law, more flexibility in how they trade. The Act will also significantly reduce the environmental impact that paper documentation has, while reducing the cost and time taken... more
Mahalo Banking Wins Best of Show Finovate Fall 2023
- 7 months 3 days ago
- Mobile Banking
Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, was named Best of Show at this year’s Finovate Fall for its Thoughtful Banking™ platform features.
Divido Bolsters Merchant Capabilities to Supercharge Checkout Finance Experience Ahead of the Golden Quarter
- 7 months 3 days ago
- Alternative Finance
Checkout finance provider, Divido, today launches two new product capabilities ‘Divido Analytics’ and ‘Split Capability’, allowing merchants to have greater understanding and flexibility over their checkout finance experience.
The 4th Annual Future Banks Summit & Awards – KSA: Recognizing Innovation & Resilience in The Kingdom
- 7 months 3 days ago
- Banking
“Digital adoption has facilitated more and more payments,” said Przemek Henschke – CIO at D360 Bank at this year’s 4th Annual Future Banks Summit & Awards KSA, in Riyadh, Saudi Arabia.
BankiFi Data Highlights that Convenience and Simplicity are Top of Mind for Small Businesses When Looking to Get Paid
- 7 months 3 days ago
- Banking
According to new customer data from embedded banking provider, BankiFi, businesses from a wide range of sectors continue to trust payment links such as SMS, email and QR codes when requesting payment on invoices, particularly when the relationship between buyer and sellers is already known. The trend comes despite years of warning from banks about a perceived heightened app fraud risk through payment links.
American Banks are Lagging Behind in Climate-friendly Banking Innovation
- 7 months 3 days ago
- Banking
Money20/20 USA calls itself “The world's biggest, most influential gathering of the global money ecosystem”, but amongst 350 speakers and countless topics, ‘sustainability’ and ‘climate’ come up only once on the show agenda.
Intellect Announces the Launch of iGTB Copilot: AI-powered Commercial & Corporate Banking Suite
- 7 months 4 days ago
- Banking
Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena Ltd, today announced the launch of iGTB Copilot, a suite of AI solutions for Commercial & Corporate Banking.
iDenfy Partners with Kestrl to Increase Conversions Through Automated KYC and PoA Checks
- 7 months 1 week ago
- Islamic Finance
iDenfy, a global RegTech startup offering AI-based identity verification and fraud prevention tools, announced partnering with Kestrl, a UK-based fintech company specializing in Islamic finance, empowering Muslims to build wealth in accordance with their faith principles. iDenfy’s ID verification, AML screening and PoA verification tools will help Kestrl stay compliant while ensuring efficient and simple customer onboarding.
Temenos Recognized as Leader in Cloud Core Banking by Omdia.
- 7 months 1 week ago
- Banking
Temenos has today announced that it has been recognized as a market leader in the latest “Omdia Universe: Cloud-based Core Banking 2023” evaluation from Omdia, a leading technology analyst and consulting firm.