5th Global Takaful and Re-Takaful Forum will be hosted in Addis Ababa, Ethiopia
- 1 year 1 month ago
- Islamic Finance
5th Edition of Global Takaful and Re-takaful forum has been rescheduled to 23rd November 2023 in Addis Ababa, Ethiopia. The objective of this conference is to create awareness about takaful and its significance for the risk management of human life and financial institutions through Shariah legitimate modes. Takaful is a very important pillar for the development Islamic finance industry. AlHuda CIBE is playing an active role for the growth of... more
Economist Impact Research for Temenos Shows Banking is Becoming Byte-Sized with Rise of Embedded Finance
- 1 year 1 month ago
- Banking
Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact study, commissioned by Temenos, which surveyed 300 banks across the globe.
Aro Partners with Plend to Make Affordable Finance More Accessible to UK Consumers
- 1 year 2 months ago
- Alternative Finance
Aro, the UK’s go-to embedded finance partner for brands, has today announced it will be adding open-data lender, Plend, to its market-leading lending panel.
Biz2X Announces Partnership with TAB Bank
- 1 year 2 months ago
- Banking
Biz2X today announced a new partnership with TAB Bank, an Ogden, Utah-based digital bank that has provided financial solutions uniquely designed to
Plum Launches Innovative ‘Plum Interest’ to Boost Returns on Cash
- 1 year 2 months ago
- Mobile Banking
Plum, the smart money app, has launched a new ‘Plum Interest’ product, allowing customers to benefit more quickly and directly from higher central bank rates.
Tonik Extends Core Banking Partnership with Finastra to Accelerate Growth
- 1 year 2 months ago
- Core Banking
Finastra has today announced a new deal with Tonik, renewing its partnership to power Tonik’s end-to-end core banking capabilities with Finastra Essence. As part of the renewal, Finastra will strengthen the partnership with the deployment of dedicated consultants to help accelerate Tonik’s development and launching of new products and services.
Neo Clears €10 Billion as Firms Move to Diversify Banking Partners
- 1 year 2 months ago
- Banking
Neo, the cross-border payments fintech, has today announced it has cleared more than €10 billion through its corporate multi-currency accounts since launch in 2020. The firm which provides a one-stop-shop account for corporate treasurers has seen its cleared volume double in just under a year, reaching €5 billion in 2023 alone, reflecting growing demand from businesses for alternatives to traditional banks.
Standard Life Strengthens Partnership with Moneyhub and Announces Plans to Deliver Commercial Pensions Dashboard
- 1 year 2 months ago
- Mobile Banking
Standard Life, part of Phoenix Group, the UK’s largest long-term savings and retirement business, has partnered with Moneyhub, the market-leading Open Banking and Open Finance platform, to deliver its pensions dashboard. This marks the first UK provider to commit to offering a commercial pensions dashboard.
British Business Bank Supports More than £12.4B of Finance through its Core Programmes and Meets its Objectives, but Reports a Loss for 2022/23 Due to Falls in Market Valuations
- 1 year 2 months ago
- Banking
Louis Taylor, CEO, British Business Bank, said: “The British Business Bank has continued to build momentum in 2022/23, making a total of £1.6bn of commitments despite the challenging economic environment.
Monument Bank Introduces Notice Accounts
- 1 year 2 months ago
- Banking
Monument (or the “Bank”) announces the expansion of its savings proposition with the launch of its new Notice Accounts. The introduction of this product follows feedback from the Bank’s savings clients, largely mass affluent individuals, who value a wide range of product options to fit their various savings goals, with greater flexibility. This launch is a further addition to the suite of savings products already offered by the Bank which... more
Guaranty Trust Bank Selects Infosys Finacle for its Multi-Country Digital Banking Transformation
- 1 year 2 months ago
- Banking
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), and Nigeria’s Guaranty Trust Bank (GTBank), the banking subsidiary of Guaranty Trust Holding Company Plc, today announced that Guaranty Trust Bank has selected the
AlHuda CIBE is Committed to Strengthen the Islamic Finance Industry in Zimbabwe
- 1 year 2 months ago
- Islamic Finance
AlHuda Center of Islamic Banking & Economics (CIBE) and the Zimbabwe Association of Microfinance Institutions (ZAMFI) are pleased to announce their collaboration in hosting a specialized two-day training workshop on "Islamic Banking, Finance & Islamic Microfinance." The training is scheduled to take place on October 10th and 11th 2023, in Harare, Zimbabwe.
Core10 Selected as a Preferred Service Provider for the Community Bankers Association of Illinois
- 1 year 2 months ago
- Banking
Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending and account opening products, as well as software development services is now a Preferred Service Provider (PSP) for the Community BancService Corporation (CBSC).
Lloyds Bank Completes First Digital Trade Transaction Under New UK Legislation
- 1 year 2 months ago
- Banking
The ETDA gives electronic Bills of Exchange, Bills of Lading and other commercial documents the same legal footing as paper documents. The legislation is designed to give UK businesses and participants in the 60-80% of trade transactions worldwide that are subject to English law, more flexibility in how they trade. The Act will also significantly reduce the environmental impact that paper documentation has, while reducing the cost and time taken... more
Mahalo Banking Wins Best of Show Finovate Fall 2023
- 1 year 2 months ago
- Mobile Banking
Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, was named Best of Show at this year’s Finovate Fall for its Thoughtful Banking™ platform features.
