Most Canadians Are Pausing Major Milestones Amid Uncertainty, but Still Believe Big Dreams Are Within Reach: EQ Bank Survey
- 16 hours 44 min ago
- Banking
Nearly two-thirds of Canadians are hitting pause on a major purchase or life milestone – but even more believe their big dreams remain achievable with the right savings habits, according to EQ Bank's new Save Little, Dream Big survey. The findings point to a growing need for banking that delivers more value through everyday spending, as Canadians are turning to points, rewards and cashback to help their money go further.
BofA and USAA Enter Patent Cross-License Agreement
- 20 hours 5 min ago
- Banking
USAA and Bank of America announced today that they have entered into a patent cross‑license agreement enabling the reciprocal use of each other’s patent portfolios. USAA and Bank of America each have a long history of innovation across a range of technologies, including artificial intelligence, machine learning, information security, and network infrastructure, as well as banking‑specific capabilities such as payment processing and mobile check... more
UW Credit Union Selects DNA from Fiserv to Power Its Next Stage of Growth
- 4 days 23 hours ago
- Banking
Fiserv, Inc., a global leader in payments and financial technology, today announced that UW Credit Union, one of the nation’s leading credit unions, has selected DNA® from Fiserv as its future core processing platform. The decision expands UW Credit Union's relationship with Fiserv and provides a modern foundation to support growth, operational efficiency and enhanced member experience.
Traditional Banks Are Mistaking Global Complexity for Risk, Warns Interpolitan Money CEO
- 6 days 18 hours ago
- Banking
Interpolitan Money issues H2 2026 Mid-Year Outlook on the six shifts reshaping cross-border capital Traditional financial institutions are failing modern international businesses by confusing structural complexity with high risk, according to Rishi Patel, Founder & CEO of Interpolitan Money. The warning comes in his mid-year briefing, The New Cross-Border Reality: Six Shifts Reshaping Global Capital in H2 2026.
HSBC Agrees to Sell Egypt Retail Banking Business to Emirates NBD
- 1 week 19 hours ago
- Banking
HSBC Holdings plc today announces that its indirect subsidiary, HSBC Bank Egypt S.A.E. (‘HSBC Egypt’), has entered into an agreement to sell its retail banking business to Emirates NBD Egypt (S.A.E) (‘Emirates NBD’), a direct subsidiary of Emirates NBD Bank PJSC, a leading banking group in the region. The sale is expected to complete in the second half of 2027, subject to regulatory approvals.
UniCredit, Accenture and IBM Collaborate to Build Europe’s Next-Generation Banking Platform
- 1 week 3 days ago
- Banking
UniCredit, one of Europe's leading pan-European banking groups, Accenture and IBM have announced a long-term strategic collaboration that establishes the technology foundation supporting UniCredit's growth across the thirteen European markets in which the Group operates.
With Swift, RBC and TD, a New Era for International Money Transfers Arrives in Canada
- 1 week 4 days ago
- Banking
People in Canada receiving money from family, friends or businesses abroad will get a significantly better experience as Canadian financial institutions go live with a new consumer payments initiative from Swift, the organisation behind the global network that connects more than 11,500 financial institutions in over 200 markets. The initiative sets a new standard for international retail transfers so consumers experience several key benefits:
Nu México to Operate as a Bank on August 6
- 2 weeks 15 hours ago
- Banking
After completing a technology migration process and receiving authorization from the CNBV on July 10, Nu will become the country’s largest digital bank on August 6, serving more than 15 million customers.
Embat Expands into Global Banking, Led by Pleo’s Álvaro Dexeus
- 2 weeks 15 hours ago
- Banking
Embat, the AI-powered fintech specialising in treasury management, has launched a new banking product to harmonise cash management, international payments and collections, FX hedging, account reconciliation and more into a single workflow - creating a comprehensive one-stop solution for finance professionals.
Temenos Named One of the World’s Top Fintech Companies by CNBC
- 2 weeks 17 hours ago
- Banking
Temenos, a global leader in banking technology, today announced it has been named in CNBC’s World’s Top Fintech Companies 2026, marking the company's selection for the third consecutive year. Developed in partnership with market research firm Statista, the annual list recognizes the top 500 companies in fintech, with Temenos being selected in the Enterprise Fintech category.
bunq Launches Belgian IBANs
- 2 weeks 3 days ago
- Banking
bunq, Europe’s second-largest neobank, today announced the introduction of Belgian IBANs. With this, the challenger now offers simple, fast access to local accounts for the country's significant and growing population of expats and internationally-mobile workers.
Flagstone’s Business Team Hits 50-Bank Milestone as UK SMEs Make Their Cash Reserves Work Harder
- 2 weeks 4 days ago
- Banking
Flagstone, the UK's largest savings platform* for businesses and individuals, has revealed that the number of banks and building societies making their business savings accounts available to the platform’s SME clients has expanded rapidly in the last 12 months - in a clear sign that SMEs are waking up to the advantages of actively managing their company cash for better returns and risk protection.
3 Million+ Clients Enroll in New BofA Rewards™ Program in the First Seven Weeks
- 2 weeks 5 days ago
- Banking
Bank of America today announced that more than 3 million clients have enrolled in BofA Rewards™ since the program launched on May 27, 2026. The no fee loyalty program rewards and recognizes clients for their full relationship across their Bank of America banking and Merrill investing accounts and is available to any client with a personal checking account.
Bank of America Enhances EricaAssist with Generative AI to Help Employees Resolve Client Needs Faster
- 2 weeks 5 days ago
- Banking
Bank of America today announced enhancements to EricaAssist, its human assisted A IAI agent that supports employees during client conversations, delivering real time insights that help resolve client needs faster while keeping the employee at the center of the experience.
Bank of Maldives to Transform Core Banking with Finastra
- 2 weeks 6 days ago
- Core Banking
Finastra, a global leader in financial services software, today announced that the Bank of Maldives (BML) has selected Finastra Essence to modernize its core banking operations and support its long-term digital transformation strategy. The agreement will enable the bank to accelerate product innovation, enhance operational efficiency, and deliver seamless banking experiences across both conventional and Islamic banking services.
