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Bank Leumi to sell card business to Warburg Pincus for $682m
Private equity firm Warburg Pincus is on the fintech warpath again with the purchase of Bank Leumi’s card business for ILS 2.5 billion ($682 million). The bank seems pretty chuffed about all this as it...
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Bank Leumi UK opts for Volante’s open banking solution
Bank Leumi (UK) has selected Volante Technologies’ VolPay Open Banking solution to implement PSD2 compliance. Part of Bank Leumi Group, based in Israel The bank will use the solution’s micro services...
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International Women’s Day: a great time to reflect on progress, but there’s...
Michal Kissos Hertzog, Pepper: we must continue to push for change While International Women’s Day provides a great moment to reflect on the progress we have made in closing the gender gap – across so...
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Bank Leumi touches Eurobase with Siena platform for FX treasury
Bank Leumi (UK) has selected Eurobase International’s Siena platform to support its FX treasury management. Eurobase also counts Cypriot RCB Bank among its clients “Siena will support the bank’s...
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New mobile bank Pepper goes interactive with Playbuzz
Pepper – here to spice up your banking world. Image source: Pepper Bank Leumi’s new mobile banking subsidiary, Pepper, is working with digital authoring platform Playbuzz “to enhance user experience...
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Temenos vs Finacle in Union Bank of Israel’s core banking system search
Finacle vs Temenos in core banking system selection in Israel EXCLUSIVE: Union Bank of Israel (also known by its Hebrew name – Bank Igud) is looking for a new core banking system and supplier. The bank...
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Leumi ABL selects Encompass for KYC compliance
Leumi ABL, the asset-based lending subsidiary of Bank Leumi (UK), has selected Encompass’ confirm solution for its know your customer (KYC) compliance processes. Leumi ABL provides invoice finance,...
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Challenger bank Pepper creates new app for young investors
Israeli Bank Leumi’s mobile-only challenger bank Pepper has launched a new investment app that aims to attract young people to buy fractional shares, reports Jane Connolly. Offering fractional shares...
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Pepper CEO: Banks should provide tools for users’ financial empowerment
EXCLUSIVE: Banks and financial services firms can play an important role in helping their customers in understanding investment, trading, savings and utilising their finances, but must do so through...
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EXCLUSIVE: TCS to power Israeli digital bank with debut platform offering
Indian technology firm Tata Consultancy Services (TCS) is set to provide a front-to-back banking platform for the first Israeli bank to launch for 40 years. The new bank is the first in Israel for 40...
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