German Commerzbank AG to Open Baltic Representative Office in Lithuania
- 3 months 1 day ago
- Banking
Commerzbank AG, one of Germany’s oldest financial institutions, has announced plans to open a Representative Office in Vilnius. The new Representative will serve as the hub for the three Baltic States Estonia, Latvia, and Lithuania. Specifically, Commerzbank will focus on trade and project finance in the region. Additionally, the deepening of the cooperation with the public sector and local financial services industry is a key priority.
Baton Systems Transforms Bank Treasury with Real-Time Liquidity Management
- 3 months 1 day ago
- Banking
Baton Systems, a global capital markets tech provider orchestrating the optimised settlement of $20-30 billion (USD) in asset value daily, has introduced new treasury management tools designed to optimise intraday liquidity, reduce costly buffers, and mitigate risk in real-time. The new liquidity management capabilities offer firms a means to dramatically reduce their financing costs which have been elevated by interest rate normalisation.
Deutsche Bank and Upvest Announce New Partnership
- 3 months 2 days ago
- Banking
European investment infrastructure provider Upvest has entered into a partnership with Deutsche Bank, one of the world's leading financial services providers. The collaboration will enable Upvest to expand its product offering by embedding Deutsche Bank’s banking infrastructure into its services. It will give Upvest’s clients access to comprehensive end-user cash management solutions, virtual IBANs, and foreign exchange services through Deutsche... more
Nubank: $3.3B Deposits, 8M Customers—Mexico Shines in Nu's Portfolio
- 3 months 2 days ago
- Banking
Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company's international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3 billion in deposits. These figures exceed those of Brazil at the same stage of operations: in the company’s home country, there were 7.7 million customers and less than $1 billion in... more
New Horizon Bank Joins American Fintech Council (AFC)
- 3 months 3 days ago
- Banking
The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of New Horizon Bank as its newest member. New Horizon embodies AFC’s focus on consumer-centric finance and innovations that help businesses and families take control of their financial futures.
FIFA Announces Bank of America as Official Bank Sponsor of FIFA World Cup 26™
- 3 months 3 days ago
- Banking
FIFA is proud to announce Bank of America as its Official Bank Sponsor of FIFA World Cup 26™. The historic partnership underscores the global financial institution’s commitment to promoting wellness, supporting the pursuit of excellence and making a human connection and community impact through the power of sport.
MAS Collaborates With Banks and Technology Partners on Quantum Security
- 3 months 1 week ago
- Banking
The Monetary Authority of Singapore (MAS), DBS, HSBC, OCBC, UOB, SPTel and SpeQtral today signed a Memorandum of Understanding (MoU) to embark on quantum security collaboration and study the application of Quantum Key Distribution (QKD) [1] in financial services. QKD can help financial institutions (FIs) protect the exchange of cryptographic keys to address the cybersecurity threats posed by quantum computing.
10x Banking and LTIMindtree Announce Global Partnership to Accelerate Banks’ Modernization Journeys
- 3 months 1 week ago
- Banking
10x Banking, the next gen cloud-native core banking platform, and LTIMindtree, a global technology consulting and digital solutions company, today announced a global partnership agreement, making LTIMindtree a key global implementation partner for 10x’s transformational meta core banking platform . This collaboration will enable financial institutions to embrace the significant momentum in the market as banks look to adopt modern core banking... more
Yuno Partners with Nequi to Enhance Financial Inclusion for More Than 20 Million Colombians
- 3 months 1 week ago
- Banking
Yuno, the leading global payments orchestration platform, today announces its strategic partnership with Nequi, a digital financial platform with more than 20 million users from diverse backgrounds in Colombia that aims to make people’s daily lives easier.
Lincoln Savings Bank Selects Unit To Power Expansion In Embedded Finance
- 3 months 1 week ago
- Banking
Unit, the leading financial infrastructure platform that powers embedded finance, today announced a strategic partnership with Lincoln Savings Bank (LSB). This collaboration will power LSB to expand its embedded finance offerings and further cement its reputation as an innovative financial institution.
ClearBank Secures Dutch Banking Licence And Expands To Europe
- 3 months 2 weeks ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking, today announced it has expanded into Europe, working to fulfil client demand for Euro settlement and accounts.
Credit Union Of America Selects NCR Atleos Allpoint Network To Expand Access To Cash
- 3 months 2 weeks ago
- Banking
NCR Atleos Corporation (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $1.5 billion-asset Credit Union of America (CUA) has joined Atleos’ Allpoint Network to strengthen its national reach and expand members’ access to cash and financial services.
Chime Partners with NCR Atleos to Expand Brand Reach Across the United States
- 3 months 2 weeks ago
- Banking
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers, and consumers, today announced that Chime, the Most Loved Banking AppTM, has expanded its relationship with Atleos, entrusting its brand and cardholder experience to ATMs within Atleos’ Allpoint Network at more than 4,000 Walgreens stores across the coun
Axis Bank Facilitates Seamless GST Payments For Its Commercial Card Clients
- 3 months 2 weeks ago
- Banking
Axis Bank, one of the largest private sector banks in India, today announced its successful integration with the Goods and Service Tax portal, thereby allowing its Commercial Card Corporate customers to make GST payments seamlessly.
Mox Breaks New Ground as First Virtual Bank in Hong Kong to Open Crypto Investing for Customers
- 3 months 2 weeks ago
- Banking
Mox Bank Limited today is making it easier for Mox Invest customers to expand their portfolios with exchange-traded cryptocurrency funds directly on Mox Invest. The service offers a convenient way to gain exposure to the crypto market through a regulated and familiar investment platform without the complexities of managing a personal crypto wallet, making Mox the first virtual bank in Hong Kong to offer crypto-related investment products.
