Breaking News
OneBanx Unveils the Most Advanced Business Deposit Solution in the Market
OneBanx, a shared banking solution provider and GLORY Group company, has introduced its latest innovation: the Instant Deposit Service for Businesses. This pioneering solution is designed to meet the cash management needs of small businesses in areas lacking traditional bank branches.
Revolutionize the Deposit Experience
The Instant Deposit Service aims to redefine the business deposit process by fully digitizing cash transactions and offering ground-breaking features, including:
- Delegation of Deposits: Empower trusted employees to make deposits.
- Card-Free Transactions: No need for an account-linked card.
- Comprehensive Cash Handling: Recycle both notes and coins seamlessly.
- Broad Compatibility and Enhanced Compliance
Supporting a swift and seamless onboarding process, OneBanx’s new service supports all major UK high street and digital banks, addressing the service gaps created by widespread branch closures. The financial crime control framework of OneBanx operates in a multi-bank environment, allowing for enhanced security measures which can be tailored in collaboration with individual banks.
Proven Multi-Bank Service
Since pioneering the multi-bank service in 2001, OneBanx’s platform is now operational in TSB, Principality Building Society, Newbury, and Newcastle Building Society branches, with further expansions planned soon.
Javed Anjum, CEO of OneBanx, remarked, “The launch of the OneBanx Instant Deposit for Businesses stems from extensive customer research and feedback over the past three years, representing clients of all major banks. In today’s evolving regulatory landscape, this solution stands as a game-changer for banks seeking efficient, rapid-deployment solutions.”
People In This Post
- Onramper Expands Global Payments Coverage with Integration to Kraken Via Payward Ramp Read more
- ThetaRay and Matrix USA Solve AML’s Last-Mile Problem with a Turnkey AI Overlay to Modernize Legacy Rules Engines Read more
- Cashflows Partners with fumopay to Launch Instant Payout Solution Read more
- Confido Raises $9 Million to Scale Embedded Financial Infrastructure for Law Firms and LegalTech Platforms Read more
- Revolut Research Highlights Opportunity to Elevate Financial Wellbeing in the UAE Read more
ThetaRay and Matrix USA Solve AML’s Last-Mile Problem with a Turnkey AI Overlay to Modernize Legacy Rules Engines
ThetaRay, a global leader in Cognitive AI financial crime compliance, and Matrix USA, a premier global service integrator of anti-money laundering (AML), financial crime and compliance systems, today announced a strategic partnership designed to help financial institutions modernize their transaction monitoring programs ahead of major supervisory shifts coming into effect across the U.S. and Europe in 2026.
Revolut Research Highlights Opportunity to Elevate Financial Wellbeing in the UAE
Revolut suggests a significant opportunity to support residents with advanced money management tools and financial wellbeing solutions in the UAE
AKUVO Advances Intelligent Collections with Two New AI Capabilities
AKUVO, a leading provider of cloud-native, AI-driven collections technology, today announced the release of two AI-powered features within the AKUVO Platform — Collector Assistant and a new chat-based Virtual Collector. These capabilities represent the first phase of a broader strategy to embed AI across every stage of the collections lifecycle.
FMSI Relaunches, Bringing Renewed Focus to Branch Performance for Banks and Credit Unions
FMSI, a provider of branch performance and workforce management software for financial institutions, today announced its relaunch following a divestiture completed at the end of 2025. With more than 140 bank and credit union clients and a 20-year track record in the industry, FMSI is moving forward with a sharper focus on product development and client service.
Embat Strengthens Treasury Capabilities for Customers Using Oracle NetSuite
Embat, the AI-powered treasury management platform, is experiencing rapid adoption among UK finance teams due to its seamless integration with Oracle NetSuite.
Facephi Enters the Japanese Identity and Fraud-Prevention Market via Hancom
Facephi (BME Growth: FACE; Euronext Growth Paris: ALPHI), a global leader in digital identity verification and fraud prevention, announces its entry into Japan through Hancom, its exclusive partner in Asia-Pacific (APAC).
New Banking Licence in Latvia Could Pave the Way for New Market Entrants
Amendments to the Credit Institutions Law, which entered into force on 6 January 2026, introduce a new category of financial market participant in Latvia — specialised credit institutions. According to information available to the Fintech Latvia Association, at least 3–4 market participants have already expressed interest in obtaining the licence, and consultations with the Bank of Latvia are underway.
Onramper Expands Global Payments Coverage with Integration to Kraken Via Payward Ramp
Onramper, the world’s leading fiat-to-crypto onramp aggregator, and Kraken, one of the world’s longest-standing, most liquid and secure cryptocurrency platforms, today announced the successful integration of Payward Ramp by Kraken into Onramper’s industry-leading aggregation platform.
ThetaRay and Matrix USA Solve AML’s Last-Mile Problem with a Turnkey AI Overlay to Modernize Legacy Rules Engines
ThetaRay, a global leader in Cognitive AI financial crime compliance, and Matrix USA, a premier global service integrator of anti-money laundering (AML), financial crime and compliance systems, today announced a strategic partnership designed to help financial institutions modernize their transaction monitoring programs ahead of major supervisory shifts coming into effect across the U.S. and Europe in 2026.
Cashflows Partners with fumopay to Launch Instant Payout Solution
Cashflows, the platform that makes it easy for businesses to accept payments has joined forces with fumopay, the provider of open banking payment and account initiation solutions, to launch a payout solution for merchants.
Confido Raises $9 Million to Scale Embedded Financial Infrastructure for Law Firms and LegalTech Platforms
Confido, the embedded financial infrastructure platform purpose-built for law firms and legal technology, today announced it has raised $9 million in financing over two rounds, the latest of which was led by Aquiline Capital Partners.
Revolut Research Highlights Opportunity to Elevate Financial Wellbeing in the UAE
Revolut suggests a significant opportunity to support residents with advanced money management tools and financial wellbeing solutions in the UAE
Insurity’s Borealis Software Release Brings Faster Policy Workflows, AI-Enabled Customer Self-Service, and Modernized Experiences Across Claims, Billing, and Marine Operations
Insurity launched its Borealis product release, delivering a new set of practical, high-impact improvements across the insurance lifecycle
Resilience Cyber Claims Data Reveals The New Economics of Professionalized Cybercrime
Cyber insurance claims data from Resilience reveals a dramatic evolution in the economics of cybercrime