British Business Bank Marks a Decade of Transformative Impact on the Economy and Smaller Businesses Across the UK
- 6 months 1 week ago
- Banking
Since it was established in 2014, the British Business Bank has delivered more than £32bn in combined public and private sector funding, supporting 209,000 smaller businesses which are expected to create 250,000 additional jobs and sustain almost 2.3 million existing positions, cementing its role as a critical driver of growth and employment in the UK since its inception.
De Volksbank Renews Ohpen Core Banking Contract for Investments and Loans
- 6 months 1 week ago
- Banking
Ohpen, the SaaS core banking platform for financial institutions and specialist in executing investments operations (BPO) that wants to serve customers better, today announces that it has signed a multi-year BPO partnership renewal with Dutch retail bank, de Volksbank.
Islamic Fintech Firm Offa Joins Connect IFA Brokerage Network
- 6 months 1 week ago
- Islamic Finance
Offa, the UK's leading Islamic property finance fintech, has announced it is joining Connect IFA, one of the leading and most established specialist mortgage brokerage networks in the country.
Mashreq Expands Corporate Banking Footprint To Oman With Tailored Financial Solutions
- 6 months 1 week ago
- Banking
Mashreq, one of the leading financial institutions in the MENA region, has announced its entry into Oman, seeking to strengthen its position with a range of personalized financial services tailored for the Sultanate’s evolving corporate and public sectors. This strategic move underscores Mashreq’s intent to contribute to Oman’s Vision 2040, with ambitions to fuel economic diversification and elevate Oman’s position in the global financial... more
bunq Introduces Mastercard Benefits To Its European SMEs
- 6 months 1 week ago
- Banking
bunq, the second-largest neobank in Europe, announce their expanded collaboration with Mastercard, as the challenger bank introduces a range of benefits for its small business (SME) users across Europe. These tailored benefits reward bunq's business users with a range of discounted tools and solutions designed to help small businesses thrive.
Barclays Announced As Newest FinTech Wales Partner
- 6 months 1 week ago
- Banking
Barclays has become the latest organisation to partner with FinTech Wales, the independent membership association dedicated to supporting the FinTech and Financial Services industry in Wales.
AlHuda CIBE Signs Strategic Cooperation Agreement With Uzbek Industrial And Construction Bank (SQB) In Dubai, UAE
- 6 months 1 week ago
- Banking
AlHuda Centre of Islamic Banking and Economics (CIBE) has entered into a landmark Cooperation Agreement with JSCB “Uzbek Industrial and Construction Bank” during a prestigious signing ceremony held in Dubai, UAE. This momentous occasion marked a significant step towards fostering collaboration in Islamic banking and finance between the two entities. The agreement was signed by Mr. Muhammad Zubair, Managing Director of AlHuda CIBE, and Mr.
Conister Launches New Fully Digitalised Deposit System
- 6 months 1 week ago
- Banking
Conister Bank Limited, part of Manx Financial Group PLC (AIM:MFX), is delighted to announce the launch of a new easy-to-use online deposit system for its UK retail customers. The launch follows the success of its digital distribution channel on the Isle of Man, which now accounts for over 70% of the bank’s lending.
Gate City Bank Selects Lama AI To Transform Business Lending With GenAI-Powered Origination Platform
- 6 months 2 weeks ago
- Banking
Gate City Bank, the leading regional financial institution with locations across North Dakota and Minnesota, announced its partnership with Lama AI, an award-winning provider of GenAI-powered loan origination solutions. By implementing Lama AI's full suite of business banking capabilities, Gate City Bank will leverage cutting-edge technology to elevate business lending operations, delivering a seamless borrower experience and unlocking growth... more
British Business Bank Agrees £150M ENABLE Build Transaction With Specialist Bank Shawbrook
- 6 months 2 weeks ago
- Banking
The British Business Bank has agreed an ENABLE Build transaction of up to £150m with specialist bank Shawbrook to increase the amount of development finance it provides to UK smaller housebuilders. Shawbrook has surpassed £2bn of lending to UK property developers, creating over 8,000 new homes. The guarantee is expected to further support over £300m of finance to help fund the creation of new homes across England and Wales over its lifetime.
10x Banking And DLT Apps Enable Banks To Manage Complex Data Migrations With Confidence And Speed, Driven By AI
- 6 months 2 weeks ago
- Banking
10x Banking, the cloud-native core banking platform, and DLT Apps, a leader in innovative solutions for data migration, have partnered to leverage AI to set a new standard in the banking industry's digital transformation efforts.
In 2024, Finora Bank’s Loan Portfolio Grew By 38%
- 6 months 2 weeks ago
- Banking
In 2024 Finora Bank recorded unprecedented growth. The loan portfolio provided to business clients increased by more than 38% over the year – from €20.4 million at the end of 2023 to €28.1 million at the end of 2024. The bank's assets grew by 61%, reaching €36.9 million compared to €22.9 million the previous year.
Romania’s CEC Bank Selects Temenos To Power Retail And Corporate Banking
- 6 months 2 weeks ago
- Banking
Temenos today announced that CEC Bank, the third largest bank in Romania, has selected Temenos to modernize its retail and corporate core banking systems. The state-owned bank is migrating from legacy systems to Temenos’ core banking platform including best-of-breed solutions for payments and data analytics. This transformation will enable CEC Bank to drive faster time to market, operational efficiency and business agility as it looks to further... more
Bank Of Ireland Sees Record Christmas Digital Banking Usage
- 6 months 2 weeks ago
- Banking
Analysis of Bank of Ireland customer behaviour between 14 and 24 December has shown record Christmas digital banking usage.
AperiData and PayPoint Scale Transformative Open Banking Powered Debt Advice Platform
- 6 months 2 weeks ago
- Banking
Citizens Advice is one of the most valued organisations in the UK. It offers confidential advice online, over the phone, and in person, for free to anyone - whoever they are, and whatever their problem. In 2022-23, it supported 457,000 people face-to-face nationally, more than double the previous year. Amid economic disruption and the soaring cost of living over the past few years, the charity has been facing exponential demand for its services.
