July 8, 2025

Banking

Banking

Fintech Banking: Disrupting Traditional Finance

The banking sector is undergoing a transformative revolution largely driven by the rapid rise of financial technology, commonly known as fintech. Fintech companies leverage cutting-edge technologies, such as artificial intelligence, blockchain, cloud computing, and big data analytics, to offer innovative financial products and services. This digital disruption has challenged the traditional banking model, which has

Read More
Banking

UK’s NatWest Banking App is Down: Here Are Other Ways You Can Access Your Money Amidst IT Outage

UK retail bank NatWest has recently apologised after a wide‑scale mobile banking outage left millions of customers locked out today. Starting just before 9 am on Friday, June 6, the bank’s mobile app—used daily by over 10 million people—suffered a technical failure that prevented logins and balance access. What Happened at NatWest’s IT Outage? NatWest experienced a

Read More
Banking

Truxton Elevates Banking Team Leaders in Recent Promotions

NASHVILLE, Tenn., June 05, 2025 (GLOBE NEWSWIRE) — Truxton is pleased to announce the promotion of several distinguished members of its team, recognizing their outstanding contributions to the Truxton Banking team’s continued growth and success. Lindsey Heird, Lizzie McKeand, and William Benson have each been promoted to Senior Vice President, Truxton Banking. These veteran bankers

Read More
Banking

Bank Islam to decommission GO banking app, BankIslam.biz website from June 28

KUALA LUMPUR: Bank Islam Malaysia Bhd will retire its legacy mobile banking app, GO, and Internet banking platform www.bankislam.biz effective June 28, 2025. The bank said in a statement today that since the November 2024 launch of the new and enhanced BIMB Mobile banking app and BIMB Web (web.bimb.com), over 90 per cent of the existing user

Read More
Banking

The Convergence of Fintech and Banking: The Gap Between UX and Functionality Is Closing: By Alex Kreger

In the past decade, the financial landscape witnessed a dramatic transformation driven by two distinct forces: fintech startups and traditional banks. Initially, fintechs emerged as UX-rich but often monofunctional challengers, while banks remained service-rich but struggled with digital customer experience. Today, however, these lines are blurring — fintechs are expanding into full-scale banks, and traditional

Read More
Banking

The truth about these 4 common banking myths

Erin El Issa  |  NerdWallet The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Banking misconceptions abound, according to a new NerdWallet survey. The survey of more than 2,000 U.S. adults, conducted

Read More
Banking

Former banking executive sentenced to 71 months for fraud and tax evasion in Tulsa

TULSA, OKLA. (KTUL) — William Shane Garrow, a former Senior Vice President of Private Banking, was sentenced today by U.S. District Judge Gregory K. Frizzell to 71 months in prison for bank fraud and willfully making and subscribing a false federal income tax return. Garrow, 49, of Tulsa, was also ordered to pay restitution totaling

Read More
Banking

Rough night ahead? Try sleep banking to stay alert

Sleep banking has its roots in the military, where it was first investigated in 2009 as a possible strategy to reduce fatigue in soldiers before missions that made it difficult to sleep. Small studies support the idea that banking sleep can improve performance and alertness during subsequent sleep restriction. “I usually recommend that people go

Read More
Banking

Temenos sets new benchmark for scalability of AI-powered banking with Microsoft

Performance benchmark demonstrates the speed, efficiency and scalability of Temenos’ cloud-native banking solutions for modern AI-powered banking MADRID, Spain, May 22, 2025 (GLOBE NEWSWIRE) — – Temenos (SIX: TEMN), a global leader in banking technology, today announced the results of a highwater benchmark for its cloud-native core banking solutions running on Microsoft Azure. The results

Read More
Banking

Bank of Sydney subscribes to Infosys Finacle Digital Banking Suite on AWS Cloud

MELBOURNE, Australia, May 21, 2025 /PRNewswire/ — Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), and Bank of Sydney (BoS), today announced the bank’s decision to select the Infosys Finacle Digital Banking Suite to power its transformation. Through this strategic collaboration, Bank of Sydney aims to

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline