Canadian Imperial Bank of Commerce, National Australia Bank and Israel's Bank Leumi have formed an "innovation alliance" that will see them share strategies for improving client services in the digital age.
Italian bank Intesa San Paolo is looking to tap in to the creative talent of the Tel Aviv fintech hub, signing technology sharing and co-operation deals with Bank Leumi and the Italian Israeli Chamber of Commerce.
EZBob Ltd., which trades as business e-lenders Everline and EZBob, today announced that it has closed its Series C investment round with a £20m equity investment from Leumi Partners, the investment banking arm of Israel-based Bank Leumi, and funds managed by Oaktree Capital Management L.P. (“Oaktree”), an existing investor.
Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (INFY), today announced an agreement with Bank Leumi (UK) PLC, one of the leading foreign-owned banks in London and part of the international Bank Leumi Group., to replace its existing e-banking system with Finacle Corporate e-banking solution.
The European Investment Fund (EIF) and Israel's Bank Leumi, along with LeumiTech, the high-tech banking arm of Leumi, have signed an agreement to increase lending to innovative small and medium-sized enterprises (SMEs) as well as small mid-caps under 'InnovFin - EU finance for innovators', an initiative supported by the European Commission.
Israel's Bank Leumi is looking to save millions of dollars a year in IT maintenance costs by overhauling and replacing its legacy core banking system with new kit from Swiss vendor Temenos.
The Leumi Group's Deputy CEO and LeumiTech Chairman, Prof. Daniel Tsiddon, LeumiTech CEO, Ms. Yifat Oron and CEO of Bank Leumi USA, Mr. Avner Mendelson, Bank Leumi announced the launch of LeumiTech, a suite of financial products and services tailored to the needs of high-tech companies in the United States. Ms. Oron announced the launch at the Israel Dealmakers Summit in New York.
Israel's Bank Leumi is joining the fintech hackathon craze, calling on developers to come to Tel Aviv and build financial services-related apps for the chance to win a cash prize.
Global payments solution provider, DataCash, a MasterCard company, today announces a partnership with Leumi Card to deliver a holistic payment offering for European merchants seeking to accept e-Commerce payments.
Israel's Bank Leumi has teamed up with investment vehicle Elevator to launch a fintech innovation hub, providing backing to the country's financial technology start-ups.
© Finextra Research 2016