GB Bank Breaks £2 Billion Balance Sheet Milestone – Months After Hitting Profitability
- 3 months 6 days ago
- Banking
GB Bank, one of the UK’s fastest-growing challenger banks, today announced that its balance sheet surpassed £2 billion. The news comes after it received its most recent tranche of £90 million in growth capital since May last year before hitting profitability just a few months later in October.
Fiserv Supports Vanquis Banking Group's Digital Transformation
- 3 months 1 week ago
- Banking
Fiserv, Inc., a leading global provider of payments and financial services technology, today announced that it is partnering with Vanquis, a leading specialist bank and a valued Fiserv client for many years, to support its technology transformation.
FICO Platform Helps Lloyds Banking Group Say Yes to More Customers
- 3 months 1 week ago
- Banking
As part of an ambitious programme to move its lending infrastructure to the cloud, Lloyds Banking Group (LBG) has transformed its operations with FICO® Platform, enabling over £7 billion in annual loans. By leveraging real-time data ingestion and advanced analytics, the platform has helped to drive a 2.5% credit card approval uplift, double new-to-bank consumer loan customers, and resolve over 50 system limitations — delivering faster, smarter,... more
10x Banking Announces New AI Capabilities to Accelerate Core Banking Transformation
- 3 months 1 week ago
- Banking
10x Banking, the cloud-native core banking platform, today unveiled a suite of new AI capabilities being integrated into 10x Banking’s meta core to accelerate banking transformation, improve operational efficiency, and enhance decision-making for banks.
A New Report From SumUp Reveals UK Residents' Banking Preferences
- 3 months 1 week ago
- Banking
As digital technology continues to reshape the financial landscape, banking preferences are shifting in significant ways. Traditional bank branches, once the cornerstone of personal finance, are becoming less central to people’s banking needs.
New Open Banking-Powered Partnership Simplifies Insurance Claims for UK Businesses, Reducing Manual Processing Times by 30%
- 3 months 1 week ago
- Banking
Businesses will now be able to make faster claims on their insurance and receive more accurate payouts thanks to a new innovative partnership between Europe’s leading provider of consumer and business credit information CRIF and claims management firm Crawford.
Thinslices and Salt Edge Partner to Simplify Financial Data Aggregation and Open Banking Payments
- 3 months 1 week ago
- Banking
Thinslices, a full-service product development company, and Salt Edge, a leading open banking solutions provider, have merged capabilities to streamline financial data aggregation and enable account-to-account payments for businesses across industries.
bunq Completes First Phase Of US Banking License Filing As It Reports Its Second Consecutive Year Of Profits
- 3 months 1 week ago
- Banking
bunq, the second largest neobank in Europe, is moving forward with its US banking license process. The company has filed for a broker-dealer license as part of a two-phase strategy to enter the US market. This step will enable bunq to gather operational insights and user feedback before reapplying for a full banking license later this year.
Mediterranean Bank Selects Finastra’s Core Banking Solution To Transform Customer Experiences And Drive Sustainable Growth In Libya
- 3 months 2 weeks ago
- Core Banking
Finastra, a global provider of financial software applications, today announced that Mediterranean Bank, a provider of retail and corporate banking services in Libya, has selected its core banking solution, Finastra Essence, to deliver advanced digital banking services to its customers. The next-generation solution, which comprehensively covers conventional and Islamic banking requirements, will enable the bank to streamline core processes while... more
British Business Bank Expands Growth Guarantee Scheme to Support Businesses Affected by Global Tariff Changes
- 3 months 2 weeks ago
- Banking
Announced by the Chancellor today, the Growth Guarantee Scheme will provide approximately £500m of additional lending capacity to help m
Vemi Launches Pre-App Waitlist: Revolutionising Ethical Banking in the UK
- 3 months 2 weeks ago
- Banking
Vemi was born with the mission to remove the compromise that millions of people are making between their values and their finances. Using cutting-edge technology, Vemi aims to address the unmet financial needs of many Muslim and values-led consumers in the UK, by providing ethical financial products and services. Join the Vemi Waitlist
Triodos Bank Recognised as Top-Scoring Best Buy by Ethical Consumer
- 3 months 2 weeks ago
- Banking
Triodos Bank has been awarded ‘Best Buy’ status by Ethical Consumer magazine for its personal current account and savings accounts, with both scoring 96 out of a possible 100 points.
British Business Bank Announces Facility of Up to £20M with BFS Marine Finance
- 3 months 2 weeks ago
- Banking
The British Business Bank has agreed a new facility with BFS Marine Finance, designed to increase the flow of finance to smaller businesses within the commercial marine sector. The structured finance facility of up to £20m will allow BFS Marine Finance to provide secured financing facilities for the acquisition or refurbishment of marine assets operating in various sectors.
Optty Partners with GoCardless to Bring Global Bank Payments to Australian Businesses
- 3 months 2 weeks ago
- Banking
Bank payment company GoCardless has announced a partnership with Optty, a payments API platform, to help medium and large businesses in Australia to simplify their payment processes, operate more efficiently, and scale with ease.
AXA Forms Strategic Partnership with Ant Bank and AlipayHK to Expand Insurance Offerings
On Wednesday, 9 April 2025, AXA Hong Kong and Macau, Ant Bank (Hong Kong), and AlipayHK announced a strategic partnership that will enable AXA to deliver a comprehensive suite of insurance products and services to millions of users through Ant Bank and the mini-app platform within the AlipayHK app.
