Tag: banking

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ESAF Small Finance Bank replaces FIS’ Profile with Oracle Flexcube as new banking core

ESAF Small Finance Bank has transitioned to Oracle Flexcube as its new core banking solution, replacing the previous system, Profile by FIS, which...

TSB Bank fined £10.9m by FCA over handling of customers facing financial difficulty

TSB Bank was fined £10,910,500 by the Financial Conduct Authority (FCA) for failing to treat customers in arrears fairly and for lacking appropriate...

Italy’s Banca Sella becomes first European bank to launch QR code for the visually impaired

Banca Sella, an Italian bank with over 300 branches, is the first bank in Europe to implement TQ Braille, a tactile identification tool...

Furness Building Society selects Backbase for digital banking overhaul

Furness Building Society, based in Cumbria, UK, has selected Backbase, a Dutch digital banking solutions vendor, to enhance its digital services. The society...

HSBC reportedly writes off remaining $5.8m stake in UK fintech Monese

HSBC Holdings has written off its remaining 5.4% stake in UK-based fintech Monese. HSBC acquired a minority interest in Monese for £35 million...

JP Morgan to bolster community presence with planned hiring spree in US

JP Morgan Chase plans to hire 75 community managers by 2030 to enhance financial inclusion in underserved communities across the US. The role...