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Day: July 17, 2025

Faisal Islamic Bank of Egypt goes live with eMACH.ai DEP

Faisal Islamic Bank of Egypt goes live with eMACH.ai DEP

July 17, 2025

Intellect says the go-live will initially focus on FIBE’s consumer segment. Faisal Islamic Bank of Egypt (FIBE) has implemented the…

Lloyds Banking Group deploys first large-scale GenAI product Athena

Lloyds Banking Group deploys first large-scale GenAI product Athena

July 17, 2025

Lloyds describes Athena as an “AI knowledge hub” which helps its customer service staff search large volumes of information. Lloyds…

Summit Bank taps ICSFS for Islamic banking tech

Summit Bank taps ICSFS for Islamic banking tech

July 17, 2025

Summit secured a licence to operate a non-interest bank in Nigeria in February. Newly-licensed Summit Bank has selected ICS Financial Systems…

Kentucky’s Abound Credit Union migrates to Jack Henry’s Symitar platform

Kentucky’s Abound Credit Union migrates to Jack Henry’s Symitar platform

July 17, 2025

The Symitar implementation is aimed at helping Abound “keep up with members’ needs and attract younger generations”. Abound Credit Union,…

Demystify Podcast: Demystifying the role of agentic AI in banking with Rob Dunlap of Zafin

Demystify Podcast: Demystifying the role of agentic AI in banking with Rob Dunlap of Zafin

July 17, 2025

Host Dharmesh Mistry chats with Rob Dunlap, Head of Product Innovation at Zafin, about the evolving role of agentic AI…

Huntington Bancshares agrees $1.9bn deal for Texas’ Veritex Holdings

Huntington Bancshares agrees $1.9bn deal for Texas’ Veritex Holdings

July 17, 2025

The all-stock transaction is expected to close in early Q4 2025, with Veritex to operate under the Huntington brand. Huntington…

UniCredit partners Wise to power international money transfers

UniCredit partners Wise to power international money transfers

July 17, 2025

Debuting on 21 July, UniCredit’s Italian customers will be able to make euro-to-foreign currency transfers via the bank’s mobile app.…

Wagestream acquires pensions tech firm Zippen

Wagestream acquires pensions tech firm Zippen

July 17, 2025

Zippen specialises in helping users locate and consolidate missing pensions into a single account. Wagestream has acquired fellow UK fintech…

BBVA bolsters European digital strategy with Walter Rizzi appointment in Italy

BBVA bolsters European digital strategy with Walter Rizzi appointment in Italy

July 17, 2025

BBVA first entered Italy with its digital offering in 2021 and has since grown to serve more than 700,000 customers.…

Cathay United Bank taps Avaloq to launch onshore private banking operations in Taiwan

Cathay United Bank taps Avaloq to launch onshore private banking operations in Taiwan

July 17, 2025

Cathay United Bank will be the first financial institution to establish private banking operations in Taiwan’s new Asset Management Hub…

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