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MyBank, the scheme-based pay by bank payment solution that enables peopleand companies to send and collect payments online with immediate confirmation, celebrates asignificant milestone: the highest volume transacted since its market launch in 2013, amounting to 60 billion euros. This achievement highlights the growing consolidation of MyBank in the payment sector, with a yearly transaction…
TBC Uzbekistan, the leading digital banking ecosystem in Central Asia, has announced the full rollout of TBC Insurance as part of its strategic expansion into new high-growth financial segments. Fully integrated into the broader TBC Uzbekistan ecosystem and accessible via the TBC UZ banking app, TBC Insurance is revolutionizing the insurance experience for Uzbek consumers by offering a seamless and fully…
Lloyds Banking Group has announced it is partnering with UnlikelyAI to explore how cutting-edge artificial intelligence can support innovation and enhance customer experience. UnlikelyAI’s platform focuses on delivering AI that is reliable, transparent, explainable and free from hallucinations – meaning that it generates more accurate information. It achieves this through a neurosymbolicapproach, which combines neural networks…
TBC Bank Uzbekistan (TBC UZ), the country’s largest digital bank, announces that it has issued over 500,000 Salom Cards, its flagship debit card and daily banking product, in the first six months since its rollout. Following the late-2024 soft launch and gradual rollout of Salom Card, TBC UZ has seen strongdemand for the product, which…
Zopa Bank, the digital banking pioneer that transitioned from peer-to-peer (P2P) lending to a licensed bank in 2020, has officially entered the UK current account market with the launch of its flagship “Biscuit” account. The mobile-first Biscuit account can be opened in minutes with fully automated onboarding. Customers receive instant access to virtual cards, along with the ability to link external bank…
For a growing number of UK professionals, personal finance has become a frustrating middle ground. They’re earning well and have built up six-figure savings – but they’re still treated like entry-level investors. High-street savings accounts offer little in the way of growth, while private banks won’t pick up the phone unless there’s a multi-million-pound portfolio…
Finastra, a global leader in financial services software, today unveiled new generative AI (Gen AI) capabilities for its Filogix Expert Pro Canadian mortgage software. Part of Finastra’s continued commitment to embracing Gen AI to help customers deliver value faster, these latest enhancements drive efficiencies – saving brokers time and reducing risk of manual errors. Jonathan Wootten, Head…
TBC Georgia, a leading financial services provider in the South Caucasus country and part of London-listed TBC Bank Group, announces the launch of its co-branded premium debit card in partnership with Turkish Airlines and Visa. This exclusive product, Georgia’s first co-branded bank card with an international airline carrier, illustrates TBC Georgia’s strategy to further enrich…
XYB, the Adaptive Financial Infrastructure (AFI) platform redefining how financial institutions build, launch, and scale modern banking experiences, today announced a strategic partnership with Bud Financial, the leading provider of AI-powered data intelligence solutions for financial services. This partnership connects XYB’s composable financial infrastructure with Bud’s data enrichment engine to transform raw customer data into actionable…
Launch Innovation programme winner Lumio secures bank’s backing to test its app with customers Lloyds has teamed up with Lumio, the innovative money app, aimed at transforming how people manage their shared finances. They’ll work together to make financial management for couples simpler, efficient and more collaborative. Lloyds works with Lumio to simplify shared financial…
TBC Bank Uzbekistan (TBC UZ), the country’s largest digital bank, announces that it has integrated Genesys, a global leader in customer experience, into its customer care operations, as the digital banking powerhouse continues to invest in its key infrastructure in the country. Genesys Engage unites all customer communications channels within a single platform, enabling TBC…
Leading digital bank Monzo has been named ‘Best British Bank’ at the 2025 British Bank Awards, alongside wins for ‘Best Banking App’and ‘Best Children’s Financial Provider’. The British Bank Awards is one of the most prestigious in the UK banking industry, celebrating the financial institutions that are most loved and trusted by the people who use…
