Bank Of England Launches The 2025 Bank Capital Stress Test
- 2 weeks 6 days ago
- Banking
The Bank of England (the Bank) has today launched the 2025 Bank Capital Stress Test for the seven largest and most systemic UK banks and building societies. The exercise is the successor to the Annual Cyclical Scenario (ACS). The test involves a hypothetical stress scenario which will be used to assess the resilience of the UK banking system to deep simultaneous recessions in the UK and global economies, large falls in asset prices, higher... more
Brite Payments Takes Top Honours In Open Banking Payments At MPE Awards
- 3 weeks 13 hours ago
- Banking
Brite Payments, a leader in instant bank payments, has been recognised at the Merchant Payment Ecosystem Awards 2025, winning the award for ‘Best Use of Opening Banking for Payments’. Additionally, Brite was a finalist in the ‘Merchant Payment Acceptance of the Year’ category. Hosted in Berlin, the annual MPE Awards brings together industry leaders to celebrate excellence and innovation in the payments industry.
Capital Credit Union Modernizes Operations and Positions for Growth With Jack Henry
- 3 weeks 3 days ago
- Banking
Jack Henry™ is pleased to announce that Capital Credit Union converted to Jack Henry's Symitar® platform and complementary products to support its future growth.
NatWest & OpenAI Collaborate to Accelerate Cutting-Edge AI Transformation for Bank-Wide Simplification and Enhanced Customer Experience
- 3 weeks 3 days ago
- Artificial Intelligence, Banking
NatWest Group has today announced that it has become the first UK-headquartered bank to work with OpenAI as part of a collaboration that supports its strategic focus on bank-wide simplification, which includes deploying AI to meet customers’ needs faster and more effectively and to increase productivity and efficiency across the bank.
Temenos Named Technology Provider of the Year in FStech Awards
- 3 weeks 3 days ago
- Banking
Temenos today announced it has been named Technology Provider of the Year at the FStech Awards 2025, recognizing its leadership in modernizing financial institutions with banking solutions powered by GenAI, cloud, and SaaS.
Tietoevry Banking and Bank Norwegian Extend Strategic Partnership for Five More Years
- 3 weeks 3 days ago
- Banking
Bank Norwegian has extended its partnership with Tietoevry Banking for another five years, reinforcing a long-standing collaboration that has helped the bank establish itself as the most customer-friendly credit card provider, now serving approximately 1.4 million credit card customers internationally.
Backbase And Synpulse Partner To Accelerate Banking Transformation Across APAC
- 3 weeks 5 days ago
- Banking
Backbase, the leader in engagement banking, today announced a strategic partnership with Synpulse, a premier financial services consulting firm, to accelerate digital transformation for banks across Asia-Pacific. A unified approach to digital transformation
ABNB FCU Chooses Eltropy’s AI Platform To Modernize Member Communications
- 3 weeks 5 days ago
- Banking
Eltropy, the leading AI-powered digital conversations platform for community financial institutions (CFIs), announced today that Hampton Roads-headquartered ABNB Federal Credit Union has selected Eltropy’s unified platform to improve their member communication strategy across all departments and channels. How ABNB Federal Credit Union Is Enhancing Member Experience
Temenos To Open Innovation Hub For Banking Technology In Central Florida
- 3 weeks 5 days ago
- Banking
Temenos , a market leader in banking technology, today announced the opening of a new Innovation Hub in Central Florida—bringing its technology development closer to US clients and accelerating the future of banking. Expanding its US footprint, Temenos will recruit approximately 200 technology and product developers at the new hub, fueling cutting-edge research and development for US-specific banking solutions powered by transformative... more
Helping Australia’s Small Businesses Unlock Value And Reduce Costs With CommBank Yello For Business
- 3 weeks 6 days ago
- Banking
More than 340,000 small businesses across Australia now have access to a broad range of exclusive benefits and discounts with the rollout of CommBank Yello for Business.
Princeton Federal Credit Union Enhances Digital Accessibility By Launching Mahalo's Thoughtful Banking® Platform
- 3 weeks 6 days ago
- Banking
Princeton Federal Credit Union (‘PFCU’), has officially launched Mahalo Banking's Thoughtful Banking® platform, marking a significant upgrade to its digital banking services. The platform adoption provides PFCU with a more accessible and adaptable digital banking solution to better serve its diverse membership base.
Vision Bank Becomes Operational With Finastra’s Cloud-Native Islamic Banking Treasury Solution
- 3 weeks 6 days ago
- Islamic Finance
Finastra today announced that the successful implementation of Finastra Kondor and cloud-based managed services provided by DXC Technology, a leading Fortune 500 global technology services provider, enabled Vision Bank, a Sharia-compliant, digital bank in Saudi Arabia, to launch the pilot phase of its banking operations.
OakNorth Deepens Support For US Lower Mid-Market Businesses With Acquisition Of Michigan-Based Community Unity Bank
- 4 weeks 7 hours ago
- Banking
OakNorth, the leading commercial digital bank for entrepreneurs by entrepreneurs, today announces that it has agreed to purchase Community Unity Bank (CUB), the home-grown, FDIC-insured community bank based in Birmingham, Michigan, in a stock for stock transaction. The acquisition, which is subject to regulatory approval, follows authorization which OakNorth received in August 2024 from the Federal Reserve and the New York State Department of... more
Chetwood Bank Launches New Fixed Rate Savings Products
- 4 weeks 15 hours ago
- Banking
KCB Bank Unveils Kenya’s First Platinum Multi-Currency Card With Compass Plus Technologies
- 1 month 2 days ago
- Banking
KCB Bank, the largest financial institution in East Africa, has partnered with Compass Plus Technologies to strengthen its multi-currency offering by launching Kenya’s first platinum multi-currency prepaid card which will empower its customers with the flexibility and convenience they need to pay for goods and access funds across borders.
