Finora Bank More Than Triples Net Loan Portfolio to €90.2 Million in 2025
- 3 hours 34 min ago
- Banking
Finora Bank ended 2025 with a €90.2 million net loan portfolio, following a year of strong growth in financing activity, income, and its SME client base. In 2025, Finora Bank was among the fastest-growing banks in Lithuania and Estonia, with growth clearly above the market average. The Bank’s results improved several times compared to the previous year, driven by portfolio expansion and increasing demand from SME clients.
Allica Bank Launches Overdraft to Fix £15 Billion SME Overdraft Gap for Established Businesses
- 3 hours 44 min ago
- Banking
Allica Bank has launched its business overdraft designed specifically for established businesses, marking a strategic milestone in the bank’s mission to transform finance for a part of the economy that has long been overlooked. For many established businesses, access to overdrafts – one of the most flexible and widely used forms of working capital – has become increasingly difficult.
Amplify Credit Union Partners with MANTL To Modernize Business and Retail Account Opening
- 2 days 22 hours ago
- Banking
MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced a partnership with Amplify Credit Union (Amplify), a credit union headquartered in Austin, Texas, to modernize its business and consumer onboarding and account opening experience across all physical and digital banking channels.
CommBank Releases Australian-First Report Outlining How It Is Adopting AI
- 3 days 2 hours ago
- Banking
Commonwealth Bank becomes the first Australian bank to release a report outlining how it is ideating, developing, deploying and managing Artificial Intelligence (AI) at an organisational level with a focus on responsible practices. The report explores the Bank’s approach to AI, its journey over the past decade, and practical examples of AI in action across the organisation.
LHV Bank Granted Consumer Credit Permission by the PRA, Underscoring Strong Risk and Governance Framework
- 3 days 3 hours ago
- Banking
LHV Bank has been formally granted consumer credit permission by the UK Prudential Regulation Authority (PRA), following a comprehensive and rigorous six-month application process.
Bank ABC’s ila Bank Goes Live with Temenos Core on AWS, Implemented by Systems Limited
- 4 days 3 hours ago
- Core Banking
Temenos, a global leader in banking technology, today announced that Bank ABC, one of MENA’s leading international banks, has successfully migrated its digital mobile-only ila Bank onto Temenos’ Core Banking platform hosted on Amazon Web Services (AWS). The migration, which also included Temenos Payments and Data Hub, was delivered by Systems Limited, a global system integrator and Temenos Delivery Partner.
myTU and Intrepid Fox Partner to Bring AI Agents to Business Banking Onboarding
- 5 days 2 hours ago
- Banking
myTU, an AI-native, cloud-first digital bank headquartered in Lithuania, has partnered with Intrepid Fox, a London-based AI-powered Know Your Business platform, to accelerate and simplify business onboarding for companies operating across the European Economic Area.
Oracle Reimagines Banking for the AI Era with New Agentic Platform
- 5 days 21 hours ago
- Banking
Oracle Financial Services Summit -- Oracle Financial Services is transforming banking with an enterprise-class suite of AI-infused applications, design tools, frameworks and pre-built AI agents. With these advancements, banks can benefit from intelligent, conversational interfaces and autonomous AI agents. These capabilities allow financial institutions to better understand and anticipate customers' evolving needs and deliver hyper-personalized... more
Allica Bank Selected for New Scale-Up Unit To Supercharge Fast-Growing Fintechs
- 6 days 1 hour ago
- Banking
Allica Bank is one of a select few firms invited to participate in the Prudential Regulation Authority (PRA) and Financial Conduct Authority’s (FCA) newly launched Scale-up Unit, a joint regulatory initiative designed to support fast-growing, innovative financial services firms to scale, invest and create high-skilled jobs across the UK.
in1bank Ceasing Banking Activities and Returning Depositors’ Funds
- 6 days 23 hours ago
- Banking
in1bank has decided to discontinue its banking business. As part of this process, in1bank will be returning its customers deposits and will effectively hand back its ADI licence to the prudential regulator (APRA) once all deposits are returned to customers.
Santander Announces Changes to Its Branch Network as It Continues to Transform for the Future
- 1 week 44 min ago
- Banking
Santander has today announced plans to close 44 branches as it continues to transform its branch network in response to changing customer behaviour. Closing branches will be replaced by Community Bankers, operating either from a Santander Local or, where required, a Banking Hub, to provide ongoing face-to-face support for communities.
FICO And Tech Mahindra Partner To Accelerate AI-Driven Decisioning And Core Banking Transformation
- 1 week 3 days ago
- Banking
Global analytics software leader FICO announced that it has entered a global partnership with Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, to help banking, financial services, and insurance (BFSI) organizations accelerate value creation through AI-powered decisioning and advanced analytics.
GFT And Ozone API Partner To Guide Canadian Institutions Through Open Banking Transition
- 1 week 3 days ago
- Banking
The market size of open banking is projected to surpass $48 billion dollars in 2026, continuing double-digit annual growth. While much of this share has been dominated by banks in Europe and Latin America, GFT and Ozone API are now partnering to launch North American institutions into the open banking arena.
MAC & RO Capital Partner with AlHuda CIBE for Global Expansion
- 1 week 4 days ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE) has entered into a groundbreaking partnership with MAC & RO Capital, a leading shariah complaint gold investment firm, to drive the worldwide expansion of Islamic finance. This collaboration is designed to enhance research, intellectual development, and the promotion of Shariah-compliant financial products and services on a global scale.
Jack Henry’s Transaction Enrichment, Powered by Bud Financial, Brings Greater Clarity and Accuracy to Digital Banking Experiences
- 1 week 4 days ago
- Banking
Jack Henry™ today announced the successful rollout of its native transaction enrichment capabilities on the Banno Digital Platform™, delivered in collaboration with Bud Financial. The collaboration enables banks and credit unions on the Banno platform to deliver clear transaction details to their accountholders, improving everyday money management and empowering financial institutions with high-quality data.
