Partnership

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours of junior bankers.The initiative is part of productivity enhancement efforts.Focus on...

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...

Starling Bank Strengthens Services with Agentic AI Money Manager

The new feature aims to enhance personal finance management for customers.Highlights: Starling Bank introduces an AI-powered money manager.Agentic...
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BBVA partners OpenAI to deploy ChatGPT among its employees

Deployment Details:Licenses: 3,000 ChatGPT Enterprise licenses distributed to employees in central services in Spain Future Plans: Extend licenses to employees in other...

OUCU Financial Credit Union to migrate to Tyfone’s nFinia digital banking platform

OUCU Financial Credit Union Migrates to Tyfone’s nFinia Platform:Credit Union Overview:Name: OUCU Financial Credit Union Location: Ohio, USA Assets: $483 million Members:...

LGT in Liechtenstein taps Finastra for instant payments

Partnership Announcement:Entities Involved: LGT (private banking and asset management group) and Finastra (provider of financial technology solutions). Objective: Launch instant payment services....

Santander and Iberpay in Spain join EPC’s OCT Inst scheme as inaugural participants

Overview:Participants: Spanish banking giant Santander and payment services firm Iberpay. Scheme: One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) by the European Payments...

BNP Paribas set to buy French life insurance business Neuflize Vie from ABN Amro and AXA

BNP Paribas Cardif Acquires Neuflize Vie: Key PointsAcquisition Overview:Acquirer: BNP Paribas Cardif. Acquiree: Neuflize Vie. Sellers: AXA and ABN Amro. Parent Companies: Neuflize...

Bank Muamalat signs long-term partnership with Backbase for Engagement Banking platform

Partnership and Platform Details:Partnership: Long-term collaboration with Backbase. Objective: Launch a digital Islamic banking super-app for retail customers. Supporting Technologies:Core Banking Platform:...

UK challenger Chetwood Financial acquires lender CHL Mortgages for Intermediaries

Overview:Entities Involved: UK digital challenger Chetwood Financial and CHL Mortgages for Intermediaries (CMI), purchased from Barossa Asset Purchaser Sarl. Purpose: Expansion of Chetwood's...

BIS opens call to private sector participants for Project Agorá

Objective:Collaborate with private sector financial institutions to explore tokenisation in wholesale cross-border payments. Develop a multi-currency ledger for cross-border payments using tokenised commercial...

Chiba Bank to deploy Moneythor personalisation engine for Chibagin app

Partnership with Moneythor:Chiba Bank partners with Singapore-based fintech Moneythor to enhance personalised banking experiences. The bank will utilize Moneythor’s financial services personalisation...
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