Revolut’s Revenues Surpass $2.2B, with Record Profits of $545M in 2023
- 1 year 11 months ago
- Infrastructure
Today, Revolut released its Annual Report for the year ending 31 December 2023.
CommBank Invests Over $60 Million on Bank Branches in FY24
- 1 year 11 months ago
- Infrastructure
With Australia’s largest bank branch and ATM network, and a moratorium to keep regional branches open until at least the end of 2026, CommBank has increased its investment in upgrading its network. More than $60 million was invested over the 2024 financial year, with $17 million in refurbishments undertaken in the June quarter alone.
dLocal Secures Partnership with Kenyan Commercial Banking System
- 1 year 12 months ago
- Infrastructure
dLocal, the leading cross-border payment platform specializing in high-growth markets, has finalized a partnership agreement with the KCB Group, the commercial banking services handled by the Central Bank of Kenya, including inbound remittance services. The approval comes almost exactly one year after the country approved dLocal local entity for its first payment services license.
Bank Midwest’s OnePlace.bank Goes Live with Finastra to Deliver Tailored Financial Services to the Healthcare Sector
- 2 years 19 hours ago
- Infrastructure
Finastra today announced that Bank Midwest, an employee-owned bank with locations throughout Iowa, Minnesota and South Dakota, has launched OnePlace.bank, a digital bank powered by Finastra, focused exclusively on the financial needs of the healthcare community.
Experian Announces Strategic Partnership with Virgin Money to Streamline and Personalise Digital Customer Experience
- 2 years 23 hours ago
- Infrastructure
Experian and Virgin Money today announced a strategic partnership to enhance Virgin Money’s digital customer experience by leveraging its suite of cloud-based technology. The partnership will see Virgin Money use Experian’s full breadth of services including credit and lending, fraud prevention, analytics, governance, and compliance as well as marketing services across all their product lines.
Peach Announces Pipe Partnership to Power Working Capital Solutions
- 2 years 3 days ago
- Infrastructure
Peach Finance, the leading modern servicing technology platform, today announced its partnership with Pipe, helping the modern capital platform power its working capital solutions.
Danske Bank Makes It Easier to Make Sustainable Investments Directly in the Mobile Bank
- 2 years 4 days ago
- Infrastructure
New feature in Danske Bank's mobile bank makes customers more aware of how many sustainable investments they have in their portfolio - and what they can do if they want more sustainable investments.
Ecommpay Partners with FinTech Disability Initiative, Project Nemo
- 2 years 4 days ago
- Infrastructure
In line with its mission to achieve ultimate financial inclusivity for all, Payments Solutions Provider,
finova Upgrades Award-Winning Origination Platform Apprivo to Drive Operational Efficiency for Clients Amid Rate War
- 2 years 5 days ago
- Infrastructure
finova, the UK's largest cloud-based mortgage and savings software provider, has today rolled out two new upgrades to its award-winning origination platform, Apprivo: ‘SmarterDocs’ and ‘Enhanced Tasks’.
Corpay Cross-Border Continues Global Expansion with Launch of New Office in New Zealand
- 2 years 6 days ago
- Infrastructure
Corpay, Inc, a global leader in corporate payments, is pleased to announce the latest expansion of its Cross-Border business with the establishment of a new office in Auckland, New Zealand. This expansion reinforces the company’s leading position in the payment industry and strengthens its presence in the Asia-Pacific region.
Abacus Group Acquires Tribeca to Continue Its Growth in the UK Financial Services Sector
- 2 years 1 week ago
- Infrastructure
Abacus Group, a leading IT Managed Services Provider (“MSP”) to financial services firms globally, today announced it has acquired Tribeca Technology Group (Tribeca), a UK-based IT MSP also serving the financial services industry, to further strengthen its existing market presence and capabilities across the UK market.
Lloyds Banking Group Makes Major Investment in Net Zero Head Office
- 2 years 1 week ago
- Infrastructure
Lloyds Banking Group will re-open its office at 33 Old Broad Street from November 2024. The building, already owned by the Group, has undergone extensive refurbishment in the last 18 months.
Revolut Commits to New Global HQ in Canary Wharf, as UK Customer Base Hits Nine Million
- 2 years 1 week ago
- Infrastructure
Revolut is to move its global headquarters to the YY London building in the centre of Canary Wharf, committing to a ten year lease The global fintech is increasing its office footprint by 40% to 113k sq ft, taking four floors, and intends to feature two Revolut logos on the side of the building The move “strengthens the company’s commitment” to the UK, and comes as Revolut reaches 9 million customers in the market
