Banking Industry Newswire

Lender to quit mortgage business as banks benefit from lower funding costs

Finance Ireland, which was founded and is run by former CEO of Irish Permanent and a director Irish Life & Permanent plc, has previously flagged its disadvantage relative to the main banks. Banks finance their mortgage lending from cheap deposits, but …

Why the EU faces a tough call on new banking rules as US and UK waver

Why Flexibility, Speed, and Trust Matter More Than Ever in Business Banking

The way businesses interact with banks is changing. Once seen as slow-moving institutions, banks are now expected to be agile, adaptable, and ready to support businesses in an increasingly digital and fast changing world. Large corporations, SMEs, and …

Tietoevry Banking & Tapeeze launch customisable tokenised payment cards

By Gloria Methri Today Card Customisation card tokenisation Customized Solutions Tietoevry Banking, a provider of financial software in the Nordics and beyond, has teamed up with Swedish FinTech Tapeeze to bring digital wallet flexibility and secure …

Sympera AI Raises $10 Million Seed Funding to Help Banks Tap $150B SMB Opportunity

Nyca Partners and Viola Ventures Co-lead Round for Agentic AI Platform that Scales Relationship Banking Agentic AI innovator Sympera AI announced that it has raised a $10 million seed funding round, which was co-led by Nyca Partners and Viola Ventures. …

Banking Veteran: «UBS Wouldn't Be The Same in New York»

Rodolfo «Rudi» Bogni looks back on a remarkable banking career — and remains sharply attuned to the present. In conversation with finews.com at London’s Athenaeum Club, the former head of UBS' private bank reflects on Switzerland’s role in the world, …

Banks can’t impose excessive charges on loan amount upto Rs 50,000: RBI issues guidelines

The Reserve Bank of India (RBI) has stated that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority sector lending (PSL) category. The central bank said that priority sector loans up to Rs 50,000 will not incur …

Banks bash Illinois trend-setting law on card swipe fees

Dive Brief: Bank groups asked a federal court for summary judgment in their legal battle against Illinois over its new law that bans interchange fees on the sales tax and gratuity portions of card transactions. The Illinois law, set to take effect on July …

Three major banks raises capital via QIP

On Tuesday's Market Trade, the major focus lies upon the shares of UCO Bank, Central Bank of India, and Punjab & Sind Bank following their announcements to increase capital using Qualified Institutional Placement (QIP). While UCO Bank shares fell 2 …

Banking malware up 3x, crypto phishing jumps 83% – Are you at risk?

By Gloria Methri Today Alibaba Amazon American Express Imagine checking your bank account only to find it wiped clean overnight. Or falling for what seemed like a legitimate crypto investment, only to realise it was an elaborate scam. In 2024, such …

Indian Banks To Simplify Process To Recover Rs 78,000 Crore In Unclaimed Deposits

Government And Regulatory Support The step was a continuation of a larger exercise carried out last year when the finance minister, Nirmala Sitharaman, requested financial regulators to organise a special drive for closing bank deposits with unclaimed …

Lloyds Banking Group Partners With Cambridge Spark To Advance AI Leadership Capabilities

Lloyds Banking Group, the UK’s largest digital bank, has partnered with leading edtech firm, Cambridge Spark, on a bespoke six-month training programme to further strengthen AI capabilities across its senior management teams. The "Leading with AI…

Wealthy Americans seek refuge from Trump in Swiss banks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wealthy Americans both in the US and abroad are drawing up contingency plans to move assets to Switzerland amid uncertainty caused …

Vanquis Banking Group chooses FinScan to help optimize AML processes and strengthen financial crime risk management

FinScan helps banks centralize AML processes through a unified platform to enhance operational efficiency and customer visibility. PITTSBURGH, PA, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- FinScan®, an Innovative Systems solution and …

Congress Can Repeal Biden’s Big Government Banking Mandate

The following content is sponsored by Pinpoint Policy Institute. There are only a few weeks left for Congress to overturn President Joe Biden’s overdraft fee cap rule, which would debank low-income Americans. One of Biden’s parting gifts was to pull a rug …

Varying licensing fee regimes leave investors unsure of banking costs

Banking investors in East Africa are still subjected to a varying licensing fee regime, with greater implications on the cost of banking services despite efforts by regional monetary authorities to harmonise banking laws and regulations, to bolster the …

9 famous banks we've lost over the years amid latest closures

The latest developments continue the trend of widespread branch closures as the move to online banking accelerates. With many big banks disappearing from our local high streets, we’re looking back at some of the major banks we’ve lost over the years. Some …

Ramya Patel of Amdocs Says Banks Embracing Agentic AI Stand to Gain Competitive Edge

Ever faced frustrating wait times with your bank’s customer service or wished for 24/7, personalized financial support? The solution lies in the next innovative wave: Agentic AI. Agentic AI represents a leap in technology—an autonomous system that not …

South African app's Wealth platform creates financial inclusivity, democratised banking

The winner of FNB App of the Year 2024 continues to transform financial accessibility in South Africa with open banking innovation and wealth-building tools In a landmark development for South Africa's financial technology sector, Vault22 has announced …

Displaced Federal Workers Look to Franchise Ownership as a Path to Stability

Options for displaced employees JACKSONVILLE, FL, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- With an estimated 250,000 federal employees losing their jobs across multiple agencies, many government contractors and workers in grant-funded …

The Wright Group Consulting Unveils New Website, Announces Strategic Partnership with Wright & Zuckerman

New Website and Industry Partnership Aim to Deliver Innovative, Compliance-Driven Solutions for Post-Acute Providers ROANOKE, VA, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- The Wright Group Consulting (TWG), a leader in out-sourced …

Online Bookkeeping Business Gains Traction in Oregon as Businesses Navigate Economic Challenges

Oregon businesses scale confidently with bookkeeping services that ensure financial accuracy, compliance, and efficiency. MIAMI, FL, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida, March 25, 2025- As financial pressures rise …

OceanPal Inc. Partners With B2i Digital as a Featured Company to Expand Investor Awareness

B2i Digital to Highlight OceanPal’s Global Shipping Platform and Debt-Free Balance Sheet as part of the B2i Digital Featured Companies Program OceanPal Inc. (NASDAQ:OP) NEW YORK, NY, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- B2i …

Randy Carver Secures Rank as the #1 Financial Advisor in Ohio on Barron’s Top 1,200 List for 2025

Randy Carver, Founder and President, has been ranked as the #1 financial advisor on Barron’s Top 1,200 Financial Advisors list for 2025 for the state of Ohio. MENTOR, OH, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Carver Financial …

NTL Trust Highlights Nevis as a Leading Jurisdiction for Asset Protection

CHARLESTOWN, SAINT KITTS AND NEVIS, March 25, 2025 /⁨EINPresswire.com⁩/ -- As asset protection becomes an increasing priority for high-net-worth individuals, NTL Trust emphasizes the strategic advantages of establishing international trusts in …

ALB AI Time Entry Cleansing Helps US Law Firms to Boost Revenue by $225M.

ALB AI Time Entry Cleansing Integrates with 3E/Elite, Aderant, Prolaw, LMS, Tabs3, Orion, Clio Aids Law Firms Comply with Clients Guidelines and Boost Revenue. NEW YORK CITY, NY, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Accurate …

Liveops Expands Insurance Market Presence Partnering with Leading Provider of Insurance Lead Generation

Delivering Scalable and High-Touch Pre-Qualification Services for Insurance Customers SCOTTSDALE, ARIZONA, AZ, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Liveops, a leading provider of hyper-flexible outsourced customer service solutions, has …

Forwardly Integrates with Zoho Books for Faster Payments

Zoho Books users can now streamline their payments with Forwardly, enabling instant payments, and automatic reconciliation for better cash flow management. SACRAMENTO, CA, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Forwardly, an award- …

Mangrove Property Insurance Names Tim Cotton as COO, And Hires Additional Top P&C Professionals

New Hires Demonstrate Mangrove’s Commitment to High-Level Service ST. PETERSBURG, FL, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Mangrove Property Insurance Company (Mangrove) is pleased to announce the appointment of Tim Cotton as …

Dix Developments buys former motocross track in Leesburg for $4.9M

Dix Developments has acquired the 74-acre Blake Ridge property in Leesburg from retired motocross professional Blake Baggett for $4.875 million. LAKE MARY,, FL, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- DIX Developments Acquires 74- …

Johnson County Rehabilitation Hospital at Overland Park Announces Expansion

The Additional Beds Will Facilitate Easier Access to Rehab Services in Overland Park and the Surrounding Communities OVERLAND PARK, KS, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Johnson County Rehabilitation Hospital, situated at 11325 …

Eskin Fundraising Training Fundraising, Friendship, Fun Next Broadcast: April 2nd

Free Enrichment Broadcast For Non-Profit Leaders and Supporters SAN ANTONIO, TX, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Eskin Fundraising Training continues its new virtual approach to heighten personal development and growth …

FINTRX and Intapp DealCloud Partner to Deliver Enhanced Private Wealth Data within AI-Powered Platform

FINTRX and Intapp partner to provide comprehensive data and insights on firms and contacts directly within their processes and workflows in DealCloud Intapp (NASDAQ:INTA) BOSTON, MA, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- FINTRX, …

Numerix and Apex Group partner to enhance buy-side risk solutions

LONDON, UNITED KINGDOM, March 25, 2025 /⁨EINPresswire.com⁩/ -- Numerix, a leading capital markets quantitative analytics technology provider, is pleased to announce a strategic partnership with Apex Group, the leading global financial services …

Hive MLS earns five titles for “BEST MLS”

Hive MLS, one of the nation’s fastest-growing Multiple Listing Services (MLS), has been recognized as a BEST MLS in five key categories, 2025 CXI Survey. WILMINGTON, NC, NC, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Hive MLS, one of …

Enhancing Financial Management for Small Business Owners in Maryland with Advanced Bookkeeping Software

IBN Technologies offers outsourced bookkeeping services for Maryland small businesses, streamlining financial management, tax planning and compliance for growth MIAMI, FL, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Miami, Florida, March …

Bill360 Appoints New Chief Revenue Officer to Accelerate its Growth Strategy

Reimagined Website Coincides with Key Executive Addition TAMPA, FL, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Bill360, the premier provider of automated accounts receivable (AR) and embedded payments solutions for small- to medium- …

Dealonomy Launches the First M&A System That Guarantees Business Owners an Offer in 90 Days

The startup raised $3M from several angel investors SAN ANTONIO, TX, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- Selling a small business has been an exhausting, uncertain process for decades. Owners spend months—sometimes years—trying to secure …

LA Metro Selects DebtBook to Modernize Its Debt Management Practices

CHARLOTTE, NC, UNITED STATES, March 25, 2025 /⁨EINPresswire.com⁩/ -- DebtBook, a leading provider of software for government and nonprofit treasury and accounting teams, today announced that the Los Angeles County Metropolitan Transportation Authority (“LA …