ORO Bank Launches, Powered by Finastra
- 5 months 2 weeks ago
- Banking
Finastra announced today that its technology is powering ORO Bank. The new cloud-first institution serves individuals and businesses in Bhutan, and around the world, with a specific focus on providing safe, innovative and sustainable banking.
FINOM Expands Banking Services in France with Launch of Local IBAN via Own Banking License
- 5 months 2 weeks ago
- Banking
FINOM, a leading European digital banking solution for SMEs and entrepreneurs, announced today the launch of local IBAN accounts in France, empowering more French small and medium-sized businesses with customized financial services. This expansion marks a significant milestone for FINOM, which secured its own Electronic Money Institution (EMI) license in the Netherlands in 2021.
ModernFi Announces Integration with Q2's Digital Banking Platform
- 5 months 3 weeks ago
- Banking
ModernFi, the first fully integrated and API-driven deposit network, today announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. This end-to-end integration, bringing sweep and reciprocal programs directly into digital banking, aims to eliminate friction for depositors and bank operating teams and drive adoption of these crucial programs throughout the industry.
European Neobank Debunks Financial Fraudsters with the Help of an American Technology Company's Accelerated Computing and AI
- 5 months 3 weeks ago
- Banking
European neobank bunq is debunking financial fraudsters with the help of NVIDIA accelerated computing and AI. Dubbed “the bank of the free,” bunq offers online banking anytime. Through the bunq app, users can handle all their financial needs exclusively online, without visiting a physical bank.
The Bank of London Announces Strategic Partnership with allpay Limited to Transform Banking and Payments in UK Social Housing Market
- 5 months 3 weeks ago
- Banking
The Bank of London announces a strategic partnership with payments specialists, allpay Limited, to simplify and expedite payments for everyone, whether they have a bank account or not, through easily manageable prepaid cards.
ABN AMRO Announces the Acquisition of Hauck Aufhäuser Lampe
- 5 months 3 weeks ago
- Banking
ABN AMRO announces it has reached an agreement with Fosun International to acquire Hauck Aufhäuser Lampe (“HAL”), a leading German private bank. With the acquisition of HAL, Bethmann Bank – ABN AMRO’s private banking arm in Germany – will become one of the largest providers of banking services for wealthy private clients, family businesses and institutional clients in Germany.
American Express and Ecobank Group Sign Agreement to Expand American Express Acceptance in 21 Countries in Sub-Saharan Africa
- 5 months 3 weeks ago
- Banking
American Express and Ecobank Group, the leading pan-African financial services Group, announced an agreement to significantly expand American Express Card acceptance in twenty-one countries across Africa.
Flutterwave Named ‘Fintech of the Year’ at the African Banker Awards
- 5 months 3 weeks ago
- Banking
Flutterwave, Africa’s leading payments technology company has been named ‘Fintech of the Year’ at the African Banker Awards, held in Nairobi, Kenya, on the sidelines of the African Development Bank Annual Meetings. This recognition highlights Flutterwave’s contributions to the financial technology sector and its unwavering commitment to fostering economic growth and financial inclusion across the African continent.
Commerzbank Completes FX, FX Derivatives, Equities and Commodities Migration to Murex MX.3 Platform
- 5 months 3 weeks ago
- Banking
Commerzbank has completed a strategic migration and simplification of its global FX, FX derivatives, equities and commodities activity, streamlining trading and risk in Murex’s integrated MX.3 platform.
Meethaq Goes Live on Temenos for Retail and Corporate Core Banking
- 5 months 3 weeks ago
- Core Banking
Temenos today announced that Meethaq Islamic Bank, from Bank Muscat, has successfully implemented Temenos Core for Retail and Corporate banking. This strategic move empowers Meethaq to provide Shariah compliant banking products and services, while enhancing operational efficiency and business agility.
Stanbic Bank Kenya Partners with Orion Innovation for Strategic Modernization
- 6 months 1 day ago
- Banking
Orion Innovation ("Orion"), a leading digital transformation and product development services company, today announced that it has signed an agreement with Stanbic Bank Kenya to facilitate an upgrade and modernization effort of basic banking services.
Banc of California’s Build@Banc Supports Startups from Seed Investment to IPO
- 6 months 1 day ago
- Banking
Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today the launch of Build@Banc, a service dedicated to providing tailored banking solutions to seed and early-stage innovative startups. The Build@Banc team also provides guidance and resources to help founders choose the right banking solutions and offers introductions to its well-established network of investors and advisers.
Burgan Bank Selects TCS BaNCS to Transform Its Core Banking
- 6 months 1 day ago
- Core Banking
Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, has signed a deal to modernize the core banking technology of Burgan Bank, a leading commercial bank in Kuwait.
Tuum x DDCAP ETHOS Announce Partnership to Provide a Pre-Integrated Fintech Solution for the Islamic Financial Market
- 6 months 2 days ago
- Islamic Finance
Tuum, a leading next-generation core banking provider, and DDCAP Group™ (DDCAP) have partnered to offer a pre-integrated fintech solution to enhance the end-to-end trade execution and processing of Sharia-compliant transactions.
Tandem Rewards Savings Customers with Top Up Launch
- 6 months 2 days ago
- Banking
Building the UK’s greener digital bank, Tandem has increased its 1 year fixed saver rate to 5.12%, making it one of the leading rates available today. A saver who deposits £1,000 with Tandem could see a balance after the 1-year term of £1051.20.