Banking

Two-thirds of businesses believe ‘legacy banks’ are too slow to adapt to modern business needs 

Revolut Business, the global FinTech trusted by hundreds of thousands of businesses, has published a study, conducted in partnership with Dynata, showing that international businesses are turning away from ‘legacy banks’ to manage their financial needs, ech...

Chime submits comment to joint banking regulators’ request for information on bank-FinTech partnerships  

Chime, a global FinTech company, has recently submitted a comment letter in response to a Request for Information from federal banking regulators in the US on the topic of bank-FinTech partnerships. Sharing more about the business and how it is working on...

Quantum computing’s transformative potential in finance

Ali El Hamidi, Deputy Head of the Capital Market Funding Department at Crédit Agricole CIB, shares his insights into the bank’s collaboration with Pasqal—a leading Quantum Computing company specialising in neutral atom-based technology. Together, they ar...

HashKey launches institutional product ‘HashKey Pro’ supporting ZA Bank in becoming Asia’s first bank offering retail virtual currency trading 

HashKey Exchange, Hong Kong’s largest licensed virtual asset exchange, has officially launched HashKey Pro, an institutional-grade integrated service. HashKey Pro enables brokers, banks, payment institutions and other financial entities to integrate...

WeBank powers Fusion Bank’s rapid launch of a next-generation core banking system 

Fusion Bank in Hong Kong has officially launched its next-generation core banking system following a series of successful data migration and business validation. Built on WeBank’s cutting-edge digital banking technology framework, the new system...

Study shows banks investing big in GenAI, and it’s paying off

A new report on the use of Generative AI (GenAI) in banking finds that financial services leads other industries in implementing the technology. A recent survey found that 17% of banking leaders have fully integrated GenAI into their regular processes....

Backbase unveils Intelligence Fabric to unlock AI-productivity gains for banks 

Backbase is excited to announce a major expansion of the Engagement Banking Platform with the introduction of the Intelligence Fabric layer, a powerful set of data and AI infrastructure and development capabilities that are now natively embedded in the...

Fabrick and Terrapay partner to innovate cross-border payments in Europe

Fabrick, an Open Finance operating company is expanding its geographical footprint by partnering with TerraPay, a company simplifying global money movement.   Initially focused on the Italian market, this partnership will enable businesses to...

Intrepid Credit Union partners with Alkami to launch new digital banking platform 

Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the US, has announced that it has partnered with Intrepid Credit Union to launch Alkami’s Digital Banking Platform designed to offer members an...

Charles O’Neil, Co-founder, Sunshine+Kittens 

We’re excited to speak with Charles O’Neil, Co-founder of Sunshine+Kittens, about their new venture in children’s banking. Partnering with MasterCard, The PayFirm and SaaScada, Sunshine+Kittens is launching a unique bank account aimed at financial education for k...

Navigating the lending boom: How US banks can leverage AI to manage new risks 

Prior to his consultancy career, Yerbol Orynbayev served as the Deputy Prime Minister of Kazakhstan from 2007-2013 and Aide to the President on economic policy from 2013-2015. In this article, Orynbayev discusses the recent Fed rate cut, its potential...

Bread Financial launches IRA retirement savings and CDs

Bread Financial, a tech-forward financial services company, has introduced its IRA Retirement Savings and CDs, a new individual retirement account (IRA) offering that includes High-Yield Savings Accounts (HYSA) and Certificates of Deposit (CD) options. The ...