Faisal Islamic Bank of Egypt goes live with eMACH.ai DEP
Intellect says the go-live will initially focus on FIBE’s consumer segment. Faisal Islamic Bank of Egypt (FIBE) has implemented the…
Year: 2025
Lloyds Banking Group deploys first large-scale GenAI product Athena
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 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
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
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
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
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
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 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 will be the first financial institution to establish private banking operations in Taiwan’s new Asset Management Hub…
Chocolate Finance Taps Snowdrop Solutions for an Intuitive, Clearer Spending Overview
Financial services platform Chocolate Finance has partnered with Snowdrop Solutions to enhance its mobile app with features designed to give users a clearer, more…
Jamie Dimon says JPMorgan Chase will get involved in stablecoins as fintech threat looms
JPMorgan Chase CEO Jamie Dimon says he doesn’t get the appeal of stablecoins, but he also can’t afford to stay on the sidelines.…
Offa Launches Sharia-Compliant Bridge-to-Let Financing to Help UK Landlords Unlock Equity
Offa, a UK-based Islamic property finance fintech, has launched a new bridge-to-let finance service, combining Offa’s bridge product with its…
Construction FinTech Mango raises $3m to ease cash flow
Mexican FinTech Mango, a platform specialising in embedded credit and real-time B2B payments for the construction industry, has reportedly raised $3m…
MENA Fintech Association Launches in Iraq With Plans to Bolster Local Financial Growth
The MENA Fintech Association (MFTA), the not-for-profit organisation dedicated to fostering fintech innovation and collaboration across the Middle East and Africa, has…
Overcoming Financial Inclusion Barriers in Digital Banking
According to the World Bank, the number of adults without access to financial services has dropped from 2.5 billion in 2011…
Connecticut Becomes 12th US State to Regulate On-Demand Pay
Connecticut has become the 12th US state to regulate on-demand pay, with the bill set to come into effect on…
Capitalising in Peru: EBANX Collaborates With Yape to Facilitate Entry for Cross-Border Merchants
According to research from payments platform EBANX, the Peruvian e-commerce market is expected to reach $60billion by 2027, growing 20 per…
Pension Transfer Delays Put Trust at Risk, Says New PensionBee Report
UK pension provider PensionBee is renewing its call for a legally enforced 10-day pension switch guarantee, warning that long delays and inconsistent…
Berlin Fintech re:cap Expands to UK with €125m Facility Backed by HSBC and Avellinia
Berlin-based fintech re:cap has launched in the UK and secured a new €125million credit facility to offer flexible debt financing to tech…