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FIS Deposits-as-a-Service to Modernise BMW Bank Operations
Key takeaways:ย
FISโ deposits-as-a-service rollout positions BMW Bank to handle deposits and lending activities with greater operational efficiency.
The integration of FISยฎ K-CORE24 and FISยฎ K-e-Banking gives BMW Bank a more unified digital infrastructure to support growth and customer expectations.
The deployment highlights rising demand among German financial institutions for digital-first systems that reduce friction across core banking functions.
FIS has widened its presence in Germanyโs financial technology market, working with BMW Bank GmbH on a deposits-as-a-service setup built on FISยฎ K-CORE24 and FISยฎ K-e-Banking.
BMW Bank shifted to the new system, moving more than 300,000 deposit accounts onto the platform....
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Banking
FIS Deposits-as-a-Service to Modernise BMW Bank Operations
Key takeaways:ย
FISโ deposits-as-a-service rollout positions BMW Bank to handle deposits and lending activities with greater operational efficiency.
The integration of FISยฎ K-CORE24 and...
Insurance
Asset Management
US Central Banks Consistent on Buying Gold – Finance Giant
It has been said that the US central banks likely bought massive amounts of gold in November 2025 in...
Cards & Payments
DNB Upgrades Domestic Payments in Partnership with Tietoevry Banking
Key takeaways:ย
DNB is replacing its long-used RBS infrastructure with Tietoevry Bankingโs PIN platform to streamline operations and modernise...
Technology
Finance
OCC Boosts Operational Efficiency with AWS GenAI Integration
OCC, recognized as the worldโs largest equity derivatives clearing organization, has moved forward with a major technology shift after completing its rollout of AWS...
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Nexi, Zucchetti Expand Partnership for Integrated Payments
Nexi Group, the European PayTech, has deepened its partnership with Zucchetti, one of Europeโs top software providers, to widen access to integrated payment solutions...
Affirm Announces Expanded Partnership with New York Life
Affirm said it is expanding its long-term capital partnership with New York Life, Americaโs largest mutual life insurance company. The move builds on their...
TerraPay and Cobre Partner to Expand Payment Flow across LATAM
Cobre, one of Latin Americaโs leading B2B payments platforms, has entered into a partnership with TerraPay, a global company that focuses on making cross-border...
PayPal, OpenAI to Bring Payments and Commerce to ChatGPT
PayPal said it plans to bring the Agentic Commerce Protocol (ACP) to ChatGPT, a move aimed at expanding how payments and commerce work inside...
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