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Lombard Odier Partners with MongoDB to Drive AI-Powered Banking Innovation

Lombard Odier Partners with MongoDB to Drive AI-Powered Banking Innovation

Hey Digital Banking Fanatic! Lombard Odier is stepping into the future of banking with MongoDB! The Swiss private bank has partnered with MongoDB to modernize its core banking technology, using generative AI to accelerate system upgrades and enhance digital experiences for its clients. The collaboration has reduced technical complexity, cutting

BKN301 Selects Qatar as Regional Hub to Drive MENA Expansion

BKN301 Selects Qatar as Regional Hub to Drive MENA Expansion

Hey Digital Banking Fanatic! BKN301 has established its MENA regional hub in Qatar, aiming to tap into the country's digital payments market that's projected to reach 2.87 million users by 2028. The company will operate its BaaS Orchestrator platform from this location. Stiven Muccioli, Founder

Putin Greenlights Goldman Sachs' Exit from Russia

Putin Greenlights Goldman Sachs' Exit from Russia

Hey Banking Fanatic! Goldman Sachs is officially packing up in Russia! President Vladimir Putin has approved the sale of its Russian division to Balchug Capital, making Goldman one of the few Western banks to fully exit the country. This follows similar moves—Putin recently allowed Natixis and ING to sell

Banco Sabadell Enhances Card Security with Real-Time Geolocation Technology

Banco Sabadell Enhances Card Security with Real-Time Geolocation Technology

Hey Digital Banking Fanatic! Banco Sabadell has partnered with Snowdrop Solutions to launch transaction enrichment technology that displays card transaction locations on a map alongside merchant names and logos. The feature, powered by Google Maps geolocation services, enables customers to view their purchase locations in real-time. Pol Navarro, Deputy General

Bank of Ireland Sees Record Christmas Digital Banking as ATM Use Drops 12%

Bank of Ireland Sees Record Christmas Digital Banking as ATM Use Drops 12%

Hey Digital Banking Fanatic! Bank of Ireland has reported record digital engagement during the 2024 festive season, with 1.6 million logins across its digital platforms between December 14-24, marking a 4% increase from December 2023. The shift toward digital banking is further evidenced by a 12% decrease in ATM

Jamie Dimon Plans JPMorgan Expansion in Germany and Beyond

Jamie Dimon Plans JPMorgan Expansion in Germany and Beyond

Hey Digital Banking Fanatic! JPMorgan Chase is preparing to launch its digital bank in Germany, targeting the market's 80 million population and significant savings pool. The expansion, planned for late 2025 or early 2026, follows Chase's 2021 UK debut and marks a significant step in JPMorgan&

Open Banking Marks Seven Years of Transforming Financial Services in the UK

Open Banking Marks Seven Years of Transforming Financial Services in the UK

Hey Digital Banking Fanatic! The UK's open banking initiative celebrates its seventh anniversary with remarkable growth, reaching 11.7 million active users and processing over 22.1 million monthly payments. Since the implementation of PSD2 in January 2018, the ecosystem has grown to contribute £4 billion to the