How customers are driving an embedded lending revolution. In another edition of Mambu’s Banking Insights for Growth, David Ruis from Deloitte, Nathalie Werleman from Backbase, and Rashmi Sharma from Mambu discuss the big shifts happening in the lending space, driven by customer demand for speed and personalization. The competition...

This Is The Lending Landscape | Mambu’s Banking Insights for Growth

The financial institution that offers frictionless payments and FX to businesses, My EU Pay selects ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to provide a range of banking services for their clients. My EU Pay will use ClearBank’s API to offer its customers real-time clearing,...

My EU Pay Selects ClearBank to Expand its Client Offerings

D•One, the open banking business unit from The ClearScore Group, has announced a partnership with Zopa Bank. The integration will see Zopa Bank add D•One to its roster of partners that provide open banking connectivity and transaction categorisation intelligence. D•One will initially be focussing on Zopa’s loan origination journeys.

Zopa Bank Partners With D•One for Open Banking Services

The Current Account Switch Service today publishes its Q2 2024 Dashboard1 reporting the latest switching figures and trends. Between April and June 2024, the Current Account Switch Service facilitated 313,293 switches, taking the total number of switches since the Service launched in September 2013 to 10.9 million. More than a decade since launch, the Service has successfully redirected 152.7 million payments.

The Current Account Switch Service Reaches 1.4 Million Switches in the Past 12 Months

Revolut, the global fintech with over nine million UK customers and 45 million globally, has announced today that it has received its UK banking licence with restrictions from the Prudential Regulation Authority (PRA), the regulator responsible for overseeing the UK banking sector. Revolut now enters the ‘mobilisation’ stage, sometimes referred...

Revolut Receives UK Banking Licence

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

If you've ever struggled to get your smartphone unlocked, then you should appreciate the FCC's latest initiative. On Thursday, FCC Chairwoman Jessica Rosenworcel proposed that the agency require mobile carriers to unlock all phones within 60 days of activation. The goal would be to ease confusion among customers by applying the same unlocking rules across the board.

The FCC wants mobile carriers to unlock every smartphone within 60 days of activation

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Virginia State

Anchorage, AK

Daily Express reports that Roger Allan Holmberg Sr., a Virginia pastor, has been accused of hitting his wife while on an Alaskan Airlines flight from Seatle to Anchorage. Holberg allegedly verbally and physically abused his wife, who said she has epilepsy, and her husband hit her in the head, knowing it could cause a seizure.

Virginia pastor facing federal charges after he allegedly hit his wife on an Alaskan Airlines flight

Technology has long paved the way for consumers to shop beyond their own domestic markets. Today, a growing number of international e-commerce brands, including Temu and Shein, are enticing overseas shoppers with unique product offerings, competitive pricing, and more. Demonstrating the opportunity, over half (52 percent) of U.S. and U.K....

3 Ways Merchants Can Maximize the Cross-Border E-Commerce Opportunity

Ronkonkoma, NY

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

PYMNTS

The eternal debate in financial services technology boils down to build vs. buy, and whether to rip and replace core banking operations. Banks have invested a lot of time and money in those core systems — they have a lot of data there too — and so they are loath to give up legacy tech.

Exclusive: Matera Builds on Pix Success With Digital Twins and QR Codes in US Expansion

Generation Z, born between the late 1990s and early 2010s, and about 67 million strong here in the U.S., is stepping into adulthood at a rocky time. Globally, this generation accounts for approximately 32 percent of the world’s population, making them one of the largest and most important cohorts for retailers and CPG brands. They are inheriting a complex economic landscape marked by escalating costs of living, staggering student debt, and a precarious job market that has hit this generation particularly hard. Despite being the most educated generation, they face significant financial hurdles that threaten to impact their spending on essentials such as food, clothing, and rent and compel them to be more budget-conscious.

Retailers Beware: Generation Z’s Financial Woes

Alaska State

Williamsburg, VA

Last week Roger Allan Holmberg Sr.made the news because of a disturbance on an Alaskan airline flight. 13 News Now said a social media page indicated the pastor and his wife Patty had moved to Williamsburg, Virginia in November, 2023.

Virginia pastor banned from Alaskan airline after assault charges are filed

Abu Dhabi Commercial Bank PJSC (ADCB) is set to bolster its strategic footprint in Central Asia’s thriving $1.751 trillion economy by launching a corporate banking hub in Kazakhstan. Utilizing its extensive network and expertise, ADCB aims to support businesses fueling Central Asia’s rapid economic growth, driven by major infrastructure...

ADCB Expands Corporate Banking Operations in Central Asia with $1.751 Trillion Investment

Fond Du Lac, WI

In a recent move that’s bound to shake things up, Mercury Marine has announced a series of partial layoffs affecting about 1,700 employees at their Fond du Lac headquarters. The company, grappling with a decline in sales, is implementing these layoffs throughout the rest of the year.

An engine manufacturer is laying off 1,700 workers due to drop in sales

We have heard quite a bit recently about artificial intelligence (AI) and the changes it is bringing and will continue to bring to the dental industry. However, when it comes to the dental practice, there are uses for AI that now include removing some of the burden of navigating the world of dental insurance at the front desk.

Podcast: How AI is changing the dental insurance game

The Motley Fool

This cloud computing company could witness an improvement in growth thanks to the rising adoption of AI.

1 Incredibly Cheap Artificial Intelligence (AI) Stock to Buy Before It Skyrockets

California State

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The HD Post

CALIFORNIA – A month after Big Lots released its Quarter 1 results reporting a net loss of $205.0 million, or $6.99 per share, the company website shows 54 stores closing in California with a 20% off sale.

List of 54 Big Lots stores closing in California with 20% off sale

NewsBreak

TotallyMoney Launches Open Banking Insights Tool, to Help UK’s 23m Under-Served Adults Improve Their Affordability and Access Better Offers

TotallyMoney has announced the launch of a new open banking powered tool, providing customers with live, actionable affordability insights, so they can improve their chances of...

TotallyMoney Launches Open Banking Insights Tool, to Help UK’s 23m Under-Served Adults Improve Their Affordability and Access Better Offers

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