ClauseMatch, an award-winning London-based Regulatory Technology (RegTech) firm transforming policy management and compliance at financial institutions globally, announces its first engagement in Singapore with Ingenia, a Singapore-based service provider for financial institutions. This partnership has been formed to provide "Compliance-as-a-Service" for small and medium-sized financial institutions in Singapore bringing together Ingenia's consultancy services enhanced by the ClauseMatch RegTech solution.

Banco Agrícola, leader in El Salvador, which after the acquisition in 2007 by Grupo Bancolombia becomes a benchmark bank in most of Central America and Latin America, in a firm commitment to innovation and customers' services improvement and as part of its digitalization strategy, recently launched "Cuenta Fácil", the first 100% digital product that allows the complete opening of a bank account in a non-presential way through their App Banca Móvil. 

Yolt, the smart thinking money app, today announced it has extended its payment test phase to UK customers who bank with Nationwide, Santander and Barclays. Following the successful launch of ‘Yolt Pay Beta’ just two months ago with six of the major high street banks, the app is now extending its test phase offering.

InstaReM, a leading digital cross-border money transfer & payments service provider with presence across Southeast Asia, Europe and the Americas, has announced a partnership with The Root Academy (R66T Academy), the cricket coaching academy founded by the family of the England test cricket captain, Joe Root.

Rabo eBusiness, the world’s first bank-led Digital Identity Service Provider, has been recognised by bobsguide as the winner of its Best Retail Banking System Integration Award. The partnership between Rabobank, a financial institution, and Signicat, a leader in verified digital identity solutions, has now been recognised by a series of award wins and shortlistings since its launch.

Helene Jepson has been appointed Chief Compliance Officer and Head of Group Compliance. She will report to Chief Risk Officer, Head of Risk & Compliance Matthew Elderfield. She will join Nordea by 1 September 2019.

Taking blockchain mainstream, Blockchain Live is back and will be returning to London Olympia on 25^th September as a festival of blockchain education. A one-day event, packed with engaging, thought-provoking and quality content, this year Blockchain Live will be moving away from the traditional exhibition model, into a ground-breaking festival of content and collaboration.

The rush to close high street bank branches may be premature, according to the latest research from digital product agency, Somo. Young adults (18-24) starting out on their banking journey claim to use a bricks and mortar branch more than 25-44 year olds.

To understand why APMs are become increasingly important in B2B payments, let’s first clear up some confusion:

What are APMs?

APM is a catch-all term to describe any payment method that does not require the use of a credit or debit card. There are three main types:

Imagine you have a short-term cash need [university fees for your kids] but you do have some long-term bonds in your investments portfolio. Wouldn’t it be great if your bank allows you to temporarily block these assets and get a short term loan facility to bridge the gap?

Lending against liquid assets that customers hold within their bank, is an underexploited market opportunity. If delivered well with the right level of automation and self-service capability, it creates great value for banks and their customers. Below we give an overview of some of these benefits.