LHV Bank Completes Business Transfer and Strengthens its BaaS Offering
- 1 year 3 months ago
- Banking
LHV Bank, the UK's newest licensed bank, has finalised the business transfer from its Estonian affiliate, AS LHV Pank’s UK branch, to its newly licensed entity. This transition, affecting LHV Bank’s Banking Services clients in the UK, follows LHV Bank receiving its banking licence this May and the subsequent approval from the UK High Court to transfer the business.
JCB Launches New Whitepaper Providing Insights for European Merchants to Capitalise on the Rise of E-commerce Spend by Asian Online Shoppers
- 1 year 3 months ago
- Banking
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., has launched a new whitepaper aimed at supporting European merchants to address a common challenge in the e-commerce space: cart abandonment. Merchants who proactively tackle this issue – where online customers do not complete a purchase - will be able to capitalise on the ongoing growth of online shopping and to discover new opportunities in the global... more
Mahalo Banking and Larky Expand Partnership to Boost Account Holder Engagement
- 1 year 3 months ago
- Mobile Banking
Larky, the market leader in account holder engagement technology, and Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announce an expanded partnership that enables all Mahalo clients to benefit from Larky’s nudge® platform and embeds the power of Larky’s innovative engagement technology in Mahalo’s comprehensive digital banking suite.
HSBC Announces ETF Platform Solutions
- 1 year 3 months ago
- Banking
HSBC announced today the launch of ETF Platform Solutions – its new end-to-end platform for providing asset servicing solutions to ETF issuers globally.
Cebuana Lhuillier Bank Selects Temenos to Scale Rural Banking Services for Unbanked Filipinos
- 1 year 3 months ago
- Banking
Temenos today announced that Cebuana Lhuillier Bank, one of the most dynamic rural banks in the Philippines, has selected Temenos to modernize its core banking platform, helping the bank, which serves seven million Filipinos, to quickly launch new banking products and scale efficiently. With Temenos, Cebuana Lhuillier Bank aims to expand its product offerings and grow to more than 11 million customers over five years.
Mahalo Banking Selected as a 2023 Finovate Awards Finalist for Best Fintech Partnership and Excellence in Financial Inclusion
- 1 year 3 months ago
- Banking
Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has been selected as a 2023 Finovate Awards finalist for the categories of Best Fintech Partnership and Excellence in Financial Inclusion. The Finovate Awards recognize the companies driving fintech innovation forward and the individuals introducing new ideas to the industry.
UK Banks More Resilient to Turbulent Market Conditions Than Their US Counterparts, Research Shows
- 1 year 3 months ago
- Banking
As financial services providers and consumers face continued pressures from economic and market instability, FIS®, a global leader in financial services technology, has fielded new research to explore how executives and consumers are responding to the environment, and how they’re making their financial or investing decisions.
Deko and Aero Commerce Partner to Provide Checkout Finance Solutions for Merchants
- 1 year 3 months ago
- Alternative Finance
Checkout finance platform, Deko, has announced a milestone BNPLaaS partnership with Aero Commerce, bolstering the e-commerce platform's offering and technological capabilities. Among the checkout finance capabilities available through this partnership, Aero has directly integrated Deko's Newpay product, a digital credit account, that improves conversion rates and encourages repeat spending.
New Research Reveals Lack of Trust and Dissatisfaction Among Retail Banking Customers as Consumer Duty Comes into Effect
- 1 year 3 months ago
- Retail Banking
New research from NTT DATA UK&I, a leading innovator and IT services provider for the banking and financial services industries, provides some concerning insights regarding customer satisfaction and trust in the retail banking industry.
Fintech Revolution: Should Banks Worry?
- 1 year 3 months ago
- Banking
Fintech Revolution: Should Banks Worry?
Fime to Help Bangladesh Bank Launch Nation’s Domestic Card Scheme
- 1 year 3 months ago
- Banking
Kids’ Increased Financial Freedom Set to Put the Bank of Mum and Dad Out of Business
- 1 year 3 months ago
- Banking
The increasing financial freedom of UK kids is set to put the bank of mum and dad out of business, according to research from the latest Youth Economy Report from GoHenry, the prepaid debit card and financial education app for 6-18-year olds.
Global Banks Progressing Towards Go-live on the Finteum Platform
- 1 year 3 months ago
- Banking
Several global banks have progressed with the Finteum Platform integration work, ahead of going live with the system. The Finteum Platform is an execution venue that brings intraday funding capabilities to the global interbank market. 19 banking groups with a combined balance sheet of $23.5trn attended a joint trial of the software in Q2 2023, together with observers from national prudential authorities. The Finteum Platform is expected to... more
Thought Machine Expands into Latin America and Welcomes Cordada as Latest Client
- 1 year 3 months ago
- Core Banking
Cordada, a private debt platform that caters to lenders and fintechs serving small and medium-sized enterprises (SMEs) in Latin America, has announced its partnership with Thought Machine. Cordada will use Thought Machine's cloud-native core banking platform, Vault Core, to develop highly personalised financial products for SME lenders and fintechs across Latin America. Cordada will use Vault Core as SaaS hosted on the Google Cloud Platform (GCP...
