Tandem Bank Announces New Commitment to Local Causes
- 8 months 2 weeks ago
- Banking
Tandem, the UK’s greener, digital bank has announced it has transformed its charity partnerships program in 2024 with a bold commitment to support five charities across its offices. The bank also wants to encourage genuine involvement rather than just financial support and will, therefore, provide employees with two days of paid volunteering annually. It will also target 1 million minutes of volunteering by 2026.
Abrigo Launches Nationwide Network to Elevate Women in Banking
- 8 months 2 weeks ago
- Banking
In honor of International Women’s Day, on March 8, Abrigo will launch its newest client engagement initiative, the Women in Banking Network. This nationwide, free program aims to elevate the influence and role of women in banking by creating a supported online network of peers, mentors, and experts. The program will include virtual and live events to foster community and is open to all Abrigo customers.
BofA Patents Increase Nearly 70% in 5 Years
- 8 months 3 weeks ago
- Banking
Bank of America today announced a record year for its patent portfolio, which has grown to nearly 6,600 granted patents and pending patent applications – a year-over-year increase of 13%, and an increase of nearly 70% since 2019. A record 644 patents were granted to the company last year, an increase of 54% compared to the total number of patents granted in 2019.
10x First Core Banking Platform to Achieve B Corp Certification
- 8 months 3 weeks ago
- Core Banking
10x Banking’s commitment to its people, community and planet has earned the firm B Corp Certification, in recognition of using business as a ‘force for good.’
Deutsche Bahn and Tink Partner for Enhanced Direct Debit Setups
- 8 months 3 weeks ago
- Banking
Deutsche Bahn (DB), the national railway company of Germany, and Tink, a market-leading payment services and data enrichment platform, have partnered up for direct debit setups. DB enables customers using its modern mobility sharing systems, run by the subsidiary DB Connect, to seamlessly connect their bank accounts for easier account onboarding.
NTT DATA Builds a Center of Excellence on Tuum technology to Drive Core Banking Modernization
NTT DATA, a global business and IT services leader, today announces the launch of a corporate Center of Excellence (CoE), based in Iberia, focused on using cloud-native technology from Tuum to ease deployments and reduce time-to-market for banks looking to replace core systems.
Banking Circle Delivers Innovative Agency Banking Service
- 8 months 3 weeks ago
- Banking
Banking Circle’s latest enhancement to its Agency Banking solution provides Financial Institutions (FI’s) and Payment Service Providers (PSP’s) with a faster and cheaper access point to local payment schemes to expand into further markets. The solution delivers indirect access to EURO local clearing via SEPA Credit Transfer (SCT), SEPA Instant Credit Transfer (SCT Inst) and GBP via Faster Payments Service (FPS).
Only 6% of Retail Banks Have Built an Enterprise Roadmap to Drive AI-driven Transformation at Scale
- 8 months 3 weeks ago
- Banking
The 20th anniversary edition of the Capgemini Research Institute’s World Retail Banking Report, published today, reveals 80% of retail bank executives believe that generative AI represents a significant leap in advancing AI technology. However, only 6% of retail banks are ready with a roadmap for enterprise-wide AI-driven transformation at scale.
Icelandic Bank Benefits from Reduction in False Positives Following Real-time Integration Between CBA’s IBAS and Swift’s Transaction Screening Service
- 8 months 3 weeks ago
- Banking
Norwegian software vendor Commercial Banking Applications AS (CBA), today announced that Landsbankinn in Iceland is benefitting from the seamless integration of Swift’s Transaction Screening Service (TSS) with CBA’s IBAS GBF - Global Banking Factory – which the bank uses to run
Appian Partners with Symphony to Enable Compliant Financial Communications and Process Automation
- 8 months 4 weeks ago
- Banking
Appian (Nasdaq: APPN) has partnered with Symphony, the leading markets’ infrastructure and technology platform, to help banks and financial services firms communicate, collaborate, and automate compliantly in a highly competitive and regulated market. The partnership will enable customers to embed auditable, compliance-enabled omnichannel communications on popular platforms into their workflow for increased efficiency and transparency.
Chase Named the Official Banking Partner of the Home Nations Football Teams
- 9 months 5 hours ago
- Banking
Digital bank Chase has today been announced as the Official Banking Partner of the Home Nations Football Teams. Chase will be working with the England, Northern Ireland, Scotland and Wales Men’s, Women’s, Youth & Para national teams, across a four-year period. The partnerships will see the Chase logo appear on training kit worn by the Men’s and Women’s teams.
As Citibank Is Sued, Banks Will Have to Face The Duty To Protect Their Customers
- 9 months 1 day ago
- Banking
Perhaps best-known for bringing a civil fraud case against Donald Trump, the verdict of which is expected to be announced later this month, New York Attorney General Letitia James is now focusing on the fraud committed by cybercriminals against Citibank customers – and the bank’s failure to protect them.
Lithuania’s Šiaulių Bankas Selects Temenos SaaS to Modernize Core Banking in the Cloud
- 9 months 1 day ago
- Core Banking, SaaS
Temenos, today announced that Šiaulių Bankas, the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos to modernize its core banking platform. Šiaulių Bankas will migrate its retail and corporate banking including trade finance to Temenos Banking Cloud, supporting the bank’s growing business needs with increased flexibility and resilience.
Orion Innovation Partners with Africa and Gulf Bank to Provide Innovative Digital-First Financial Products and Services
- 9 months 5 days ago
- Core Banking, PaaS
Orion Innovation, a leading digital transformation and product development services firm, is excited to announce it has signed a deal with Africa and Gulf Bank (“AGB”) to modernize the bank’s banking products and services.
Security Bank Drives Digital Transformation of Wealth Management Business with Avaloq
- 9 months 5 days ago
- Banking
Security Bank has entered a new partnership with Avaloq, a leading provider of wealth management technology and software. The bank aims to digitalize its wealth management business with the Avaloq Core Platform and to roll out Avaloq’s Relationship Manager (RM) Workplace solution to strengthen its front office.
