City Union Bank Limited, a prominent private sector bank in India, has released its financial results for the fourth quarter and the entire fiscal year 2023-24, showing consistent growth in several key areas despite some challenges. The results were approved by the bank’s Board of Directors earlier today and include detailed metrics such as Net […]
Cotribute, an embeddable fintech platform, has been selected by Capitol Credit Union of Texas to improve new member onboarding and reduce fraud through its Consumer Account Opening module. Capitol Credit Union’s previous system was cumbersome, leading to higher abandonment rates. Streamlining Account Opening for Capitol Credit Union Members Austin, TX – Cotribute, a leading embeddable […]
Heartland Group Holdings Limited (NZX/ASX: HGH), known for its significant presence in the financial services sector, has confirmed the completion of Heartland Bank Limited’s acquisition of Challenger Bank Limited from Challenger Limited (ASX: CGF). This acquisition marks a historic move as Heartland Bank becomes the first New Zealand registered bank to acquire an Australian authorised […]
Infosys Finacle, a part of EdgeVerve Systems and a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), together with Zand Bank (Zand), the UAE’s inaugural digital-only banking institution, have officially announced their partnership. This collaboration signifies Zand Bank’s subscription to the Infosys Finacle Solutions suite to revolutionize its corporate banking services. The implementation of Infosys […]
Danske Bank has officially entered into a significant multiyear agreement with Amazon Web Services (AWS), marking a pivotal step in its digital transformation journey. This partnership is a cornerstone of Danske Bank’s Forward’28 strategy, aimed at delivering enhanced digital solutions, expanded self-service options, and seamless access to banking services for its customers. The bank’s commitment […]
Bank of America has launched a significant update to its mobile application, marking a pivotal shift in the way clients manage their finances digitally. In a move that addresses the growing trend of digital engagement, the bank now offers its 57 million digital clients a singular, unified platform that combines the functionalities of five distinct […]
In a significant milestone, Karnataka Bank celebrated its 100th Founders’ Day on February 18, 2024. This centennial event was commemorated with the launch of 15 new branches nationwide and the unveiling of a redesigned corporate website, signaling a new era in the bank’s journey towards integrating digital advancements with its rich heritage of customer service. […]
Backbase, a global leader in Engagement Banking, has recently forged a significant agreement with Danske Bank, a premier Nordic bank based in Copenhagen, Denmark. This collaboration marks a pivotal step in Danske Bank’s digital transformation journey, offering access to Backbase’s renowned Engagement Banking Platform. A New Era of Digital Customer Experience This partnership enables Danske […]
PortX, a leading financial infrastructure and integration technology company, has announced a strategic partnership with Plaid, a data network powerhouse in the digital financial ecosystem. This collaboration represents a significant milestone in the financial technology sector, marrying PortX’s expertise in digital core banking integration with Plaid’s industry-leading data connectivity capabilities. The alliance between these two […]
Global payment systems leader Visa has announced a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with a presence spanning Latin America, Asia Pacific, and Europe. The landmark deal, worth $1 billion, underscores Visa’s commitment to strengthening its technological prowess and broadening its global footprint. Jack Forestell — Visa Chief […]