Libyan Islamic Bank (LIB) has enhanced its consumer banking offerings by adopting a platform developed by Backbase. The initiative aims to create a customer-centric operational model that prioritises speed and adaptability in a changing market. The bank’s new mobile application is designed to facilitate easier financial management for users. It includes functionalities such as secure
KeyBank is working with financial technology company Personetics to create what the companies call “cognitive banking”: engagements with customers combined with needs-based offers tailored to them. The ability to personalize interactions with customers with useful advice and help specific to them has been a holy grail for banks for years. “Banks need to evolve beyond
The continued investment in branches is a continued investment in bankers. A well-trained, motivated banker turns a physical location into a relationship hub, writes Dave Martin, of BankMechanics.Adobe Stock I recently spent a few days back in a small town we called home almost 30 years ago. As I drove around the area, I found
MediaNama’s take: As per studies, only 25% of India’s rural population engages with formal banking, in contrast to 70% in the US and 60% in China. This arises from factors like a lack of reliable access to smartphones, the internet, or low digital literacy. Through its new directions, the Reserve Bank of India (RBI) takes
~ New upgraded platform strengthens security, streamlines card management, and offers personalized interface across all devices ~ TROY, Mich., July 22, 2025–(BUSINESS WIRE)–Cross Valley Federal Credit Union (‘Cross Valley’) has enhanced its digital banking platform with Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions. The rollout modernizes Cross Valley’s
How Infrastructure-First Thinking Could Inform Banking Resilience LOS ANGELES, CA / ACCESS Newswire / July 9, 2025 / As the banking sector shows renewed stability in 2025-with only one bank failure compared to the dramatic collapses of Silicon Valley Bank, First Republic, and Signature Bank in 2023-industry observers continue analyzing what went wrong and how
SAN RAMON, Calif., July 9, 2025 /PRNewswire/ — Leading cloud-native digital banking provider, Lumin Digital, today announced it has been selected by Frankfort, KY-based Commonwealth Credit Union as its new digital banking provider. Lumin Digital (PRNewsfoto/Lumin Digital) Commonwealth Credit Union sought a digital banking provider that would deliver a distinctive experience for its members. Lumin
Aurionpro Solutions on Wednesday announced that it has signed a major deal to deliver its cutting-edge, comprehensive digital banking solution to a leading bank in Africa. In a regulatory filing, the company said that the deal marks Aurionpro’s first major win for its digital banking software in the region. The multi-million-dollar deal includes licensing and
~ New partnership delivers a more accessible, secure, and personalized digital banking experience for credit union members ~ TROY, Mich., July 08, 2025–(BUSINESS WIRE)–Firelands Federal Credit Union (‘Firelands’) has chosen Mahalo Banking as its new digital banking partner, enabling the credit union to provide a modernized, community-focused digital experience for its members. After a thorough
Gunjan Kedia wondered why her interviewer was asking for her feelings about penguins. She’d just arrived from New Delhi to Pittsburgh for business school and hadn’t yet learned the name of her new city’s beloved ice hockey team. It didn’t take long for her to get the lay of the land and begin rising through