9Spokes Introduces Multi-Bank View to Expand Financial Insights for SMBs
- 1 day 9 hours ago
- Banking
9Spokes, a data platform that specializes in integrating and aggregating business and financial data, today announced the launch of its multi-bank feature, a significant advancement in financial transparency and access for small and medium-sized businesses (SMBs). This new feature provides SMBs with a consolidated view of their financial accounts across multiple institutions and service providers, aligning with the global movement towards open... more
Monument Reaches New Growth Milestone: £2B in Customer Deposits, Raising £1B within Four Months
- 1 day 14 hours ago
- Banking
Monument (or the “Bank”) proudly announces a significant milestone in its journey: it has reached £2 billion in customer deposits and interest-bearing assets, with £1 billion raised in just four months, from January to April 2024.
Libro Credit Union Selects nCino to Empower Employees and Positively Impact Ontario Community
- 2 days 10 hours ago
- Banking
nCino, Inc. , a pioneer in cloud banking for the global financial services industry, today announced that Libro Credit Union has selected nCino’s Cloud Banking Platform to empower its employees through data, achieve faster time to value and create a smoother experience for customers.
Research: Banking Industry Leads on Consumer Trust for Cybersecurity, with Businesses of All Sizes to Lose Out Following a Breach
- 3 days 9 hours ago
- Banking
New research from CybSafe, the human risk management platform, has found consumers trust the banking sector most when it comes to protecting sensitive data.
Bank and Credit Union CEOs Reveal Top Priorities in Annual Survey
- 3 days 9 hours ago
- Banking
Growing deposits and increasing operational efficiency are top priorities for community and regional financial institutions, according to Jack Henry's sixth-annual survey of bank and credit union CEOs.
Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive
- 6 days 12 hours ago
- Banking
Users of 14 popular overseas e-wallets from 9 countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International. This covers a population of approximately over 1.2 billion, allowing them to enjoy a safe and seamless payment experience in “Asia’s World City” as the number of inbound tourists to Hong Kong... more
Alkami Releases Digital Banking Performance Metrics Report in Partnership with Cornerstone Advisors
- 1 week 9 hours ago
- Banking
Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today the release of its latest research in partnership with Cornerstone Advisors' Ron Shevlin, chief research officer. The Digital Banking Performance Metrics report is compiled from self-reported data collected in fiscal year 2023 from a sample of 81 financial institutions, including 39 banks and 42 credit unions... more
Mox’s Rapid Service Release Gains Recognition as One of World’s Fastest-Growing Digital Banks
- 1 week 9 hours ago
- Banking
Mox Bank Limited (“Mox”) has been recognised by global management consulting firm Oliver Wyman as one of the fastest-growing digital banks in the world. This distinction highlights Mox's remarkable growth trajectory and commitment to innovative product offerings. Oliver Wyman's analysis emphasises Mox's speed to market with launching a wider range of products and services compared to other globally renowned digital banks after setting up for the... more
Powering Embedded Banking/BaaS, The Bank of London Launches TBOL® AI Code Assistant Enabling Rapid Integration with Banking APIs
The Bank of London today launches the TBOL® Artificial Intelligence code assistant, using generative AI capabilities powering clients and developers to build at speed, applications, products and services via The Bank of London’s API. TBOL® AI has been initially developed to support the bank’s Developer Studio, which gives businesses access to one of most comprehensive, modern, and flexible API offerings for embedded banking in the UK.
National Bank of Iraq Goes Live with Temenos Core Banking and Payments
- 1 week 13 hours ago
- Core Banking
Temenos today announced that National Bank of Iraq (NBI), part of the Capital Bank Group, has successfully gone live with Temenos core banking and payments.
Finastra Reimagines Digital Experiences with Next Gen Mobile Banking
- 1 week 14 hours ago
- Mobile Banking
Today at Ignite! 2024, Finastra, a global provider of financial software applications and marketplaces, announced the availability of its latest mobile banking software, Next Gen Mobile Banking, a new digital banking experience for community banks and credit unions. The advanced mobile banking application provides a seamless user experience, offering financial institutions customization options and enhanced security features.
Revolut Expects to Boost Workforce by 40% in 2024
- 1 week 1 day ago
- Banking
Revolut, the global fintech with over 8 million UK customers and 40 million globally, has today announced it expects to boost its global headcount by 40% in 2024. The announcement comes as the company reaches 10,000 employees globally, and continues to grow its workforce, all whilst many other financial institutions are making job cuts or hiring freezes. The company has over 70 roles currently advertised in the UK.
Alisa Bank and Accountor Introduce a New Type of Business Bank Account
- 1 week 1 day ago
- Banking
Alisa Bank and Accountor are launching a business bank account called Tili a+ for Procountor’s Finnish customers. The Tili a+ is a current account for companies Alisa Bank offers, including a bank connection to Procountor. Procountor is used by nearly 90 000 companies in Finland, to whom the service will be offered. The Tili a+ is scheduled to be available to Procountor customers during the summer of 2024.
Islamic Banking and Finance is Emerging in CIS Countries
- 1 week 2 days ago
- Islamic Finance
Islamic banking and finance is experiencing a surge in popularity within the Commonwealth of Independent States (CIS) region, presenting a significant new market for financial services. This was highlighted by a recent visit to Uzbekistan, Kyrgyzstan, and Azerbaijan by Mr. Muhammad Zubair, CEO of AlHuda Centre of Islamic Banking and Economics (CIBE), UAE a leading Islamic finance advisory and consultancy firm.
