Tag: #banking

News

Canadian Credit Union Vancity Partners with Temenos to Modernise Core Banking on Microsoft Azure

Wednesday, October 28, 2026 | 00:09

Canadian credit union Vancity has selected Temenos SaaS to overhaul and modernise its core banking platform, marking a significant technological shift for one of the country’s most prominent cooperative financial institutions. Under the new agreement, the credit union will systematically introduce advanced digital banking services across its infrastructure while gradually migrating its extensive legacy operations […]

News

Revolut Launches Unsecured Personal Loans in the UK to Challenge Traditional High Street Banks

Tuesday, October 27, 2026 | 12:09

Digital banking giant Revolut has officially entered the unsecured personal lending market in Britain, marking a significant strategic evolution for the fintech as it seeks to challenge legacy financial institutions on their home turf. UK Chief Executive Francesca Carlesi confirmed the launch in an interview with Reuters, signaling a major milestone in the company’s ongoing […]

News

Finsei Picks Thredd to Process Its New Mastercard Business Debit Offering

Tuesday, October 27, 2026 | 04:07

Under the newly forged partnership between Thredd and Finsei, business clients will soon be able to receive payments in one currency and seamlessly spend them in another from the exact same account. This capability addresses a long-standing pain point for enterprises operating across multiple international markets, which traditionally have had to rely on a fragmented […]

Sustainable Finance (ESG)

Banking’s Blind Spot: Why Major Financial Institutions Are Ignoring Value Chain Human Rights in Sustainability Reports

Tuesday, October 27, 2026 | 03:11

When the first corporate disclosures under the European Union’s landmark Corporate Sustainability Reporting Directive (CSRD) began appearing in 2025, a critical examination of value chain social risk revealed a glaring disconnect across the financial sector. John E. Grova, a member of EFRAG’s Sustainability Reporting Technical Expert Group and a senior ESG adviser at SpareBank 1 […]

News

Global Venture Capital Rebounds Strongly in 2026 as Artificial Intelligence Megadeals Drive Record Funding

Tuesday, October 27, 2026 | 03:10

Global venture capital funding is mounting a significant rebound this year, propelled forward by historic, multibillion-dollar investments flowing into artificial intelligence startups. While transaction counts have retreated to historic lows, the sheer capital deployed into a select group of market-leading companies has pushed equity financing to heights not seen in years, reshaping the global technology […]

News

Fintech and Financial Services Marketing: Digital Performance Strong, but AI Governance Lags Behind

Tuesday, October 27, 2026 | 00:09

A comprehensive new study examining the current state of digital marketing across the financial services and fintech sectors has shed light on evolving industry trends, revealing that while foundational digital strategies continue to deliver steady and measurable returns, the rapid integration of artificial intelligence is moving faster than formal internal governance. Conducted by the Fin.Tech […]

News

Swiss Bank Employees Association Warns Stricter Capital Rules Could Force UBS Out of Switzerland and Threaten Thousands of Jobs

Monday, October 26, 2026 | 12:09

The Swiss Bank Employees Association has issued a stark warning to lawmakers, cautioning that the implementation of stricter capital rules could ultimately put the future of UBS in Switzerland in serious doubt. According to a formal letter sent to members of parliament and recently highlighted by the Swiss newspaper NZZ, any potential move of the […]

News

BIT Asset Management Secures FINMA Approval for Switzerland’s First Direct Bitcoin Fund ETF

Monday, October 26, 2026 | 00:09

In a landmark development for the European digital asset landscape, BIT Asset Management, the Zurich-based arm of cryptocurrency firm BIT, has received official regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA) for its Bitcoin Fund ETF (BBIT). The milestone greenlight paves the way for what is slated to be the first exchange-traded fund […]

News

OKX Launches Unified Euro Order Book Integrating Fiat EUR and Circle’s EURC in Europe

Sunday, October 25, 2026 | 12:09

Major cryptocurrency exchange OKX has officially rolled out a unified euro order book across its European operations, creating a streamlined trading environment that merges liquidity for traditional fiat euros and Circle’s prominent euro-denominated stablecoin, EURC. The strategic integration allows European customers actively trading euro pairs to draw upon a single, consolidated liquidity pool while maintaining […]

News

Aurionpro Transit Deepens Mastercard Partnership to Modernize North American Public Transport Payment Systems

Sunday, October 25, 2026 | 00:09

Aurionpro Transit is significantly expanding its strategic collaboration with global payments giant Mastercard to support transit agencies across North America in modernizing their legacy payment infrastructures. Through this enhanced alliance, the two companies aim to help public transport operators and government authorities upgrade outdated fare collection systems, streamline procurement processes, and ultimately elevate the everyday […]