Barclays sells German consumer finance business to Austria’s BAWAG to refocus on “key businesses”
The sale is expected to release around €4 billion in RWAs for Barclays as it seeks business simplification.
News, intelligence and resources on the global fintech industry including topics such as retail banking.
The sale is expected to release around €4 billion in RWAs for Barclays as it seeks business simplification.
The insurer says it’s currently “in the preparation phase” of launching the new offering for retail customers.
Revolut’s revenue surged by 95% over the year, from $1.1 billion in 2022 to $2.2 billion in 2023.
Amdocs’ Bentzium Aviv discusses how emerging technologies are powering the pursuit of personalisation.
Flexcube will be implemented at Mashreq’s international hubs in Hong Kong, the US and the UK.
Virgin Money says it plans to use Experian’s “full breadth of services” to enhance “all product lines”.
The deal includes the retailer’s personal loan, credit card and retail deposit portfolios.
The review will begin after the Australian government evaluates the Payment Systems Regulation Act 1998.
FIL aims to achieve fivefold growth over the next five years through its collaboration with Temenos.
Day one’s proceedings took a specific focus on the topics of AI, tokenisation and digital modernisation journeys.
In this podcast episode, we chat with Andy Lowe, EMEA Head of Business Development for Technology at Bank of America.
The history of banking software is driven by the march of technology and ever-changing customer demands.
The bank claims to have migrated “over 200,000” customer accounts to the new cloud-based platform.
The Malaysian bank plans to launch a digital Islamic banking super-app “by the end of the year”.
BIL has actioned a major technology overhaul of its retail, corporate and private banking operations.
Chime is to also pay “at least $1.3 million in redress to harmed consumers”.
Ecology Building Society says technology modernisation will help “attract future customers at pace and scale”.
The bank says it’s currently engaged in a “digital modernisation journey” for its SME clients and retail customers.
Nominations for the Banking Tech Awards 2024 are now officially open to companies worldwide!
Barclays was a bidder for the programme back in 2020 before Capital One eventually sold it to Goldman.
Guegan’s two decades of industry experience extends to UniCredit, RN Bank and BNP Paribas.
Learn how to harness digital-first, on-demand banking to increase bottom lines.
The UK challenger claims its staff headcount already surpassed 10,000 during the first quarter of the year.
Zopa says revenues climbed 29.7% “despite the challenging macroeconomic environment”.
The bank is to adopt the vendor’s LoanVantage solution and Banno Digital Platform.
The partnership will be focused on “bringing together digital payments and loyalty for M&S customers”.
The company stopped accepting applications for new cards on 1 April.
Bhatia counts the likes of Stripe, PayPal and Capital One among her previous employers.
Cashee will provide a free banking app and a prepaid Visa card, issued by Arab National Bank (ANB).
Supermarkets across the globe continue to embrace fintech partnerships to power their financial services.
Explore expert strategies to secure banking apps and get a detailed checklist for bolstering security measures.
The deal has yet to be finalised and Nationwide has until 4 April to put a final offer forward.
Weston left the UK bank in December 2015 to found the now-defunct Aussie challenger Volt Bank.
Raqami was granted in-principle approval to operate digital financial services in the country last year.
VIB will be the first Vietnamese bank to deploy the Temenos R23 core banking system on a cloud platform.
The move, announced in 2020, was expedited by Hey Banco’s banking licence authorisation last July.
Bevan applied for a banking licence last May, with plans to provide mortgages for public sector workers.
PNC plans to renovate more than 1,200 existing locations and open more than 100 new branches by 2028.
You now have until Friday 23 February to get your nominations in.
Irvine will take over the reins from current CEO Ross McEwan, who is set to retire in April.