Allica Bank – the recently launched business bank that seeks to empower small and medium sized businesses – has today announced the appointment of Richard Davies as Chief Executive Officer (CEO).

In this role, Richard will be responsible for leading the Bank as it scales to become a major force in serving British businesses, delivering the funding, technology and expertise needed at what is a crucial time for the British business sector.

corfinancial, a leading provider of specialist software and services to the financial services sector, reports that Edinburgh-based investment manager Baillie Gifford has migrated the processing of its futures transactions to corfinancial’s post-trade system, Salerio.

Finastra announced today that People’s Bank, a retail and commercial bank in Uzbekistan, is deploying Fusion Risk. The technology will automate the bank’s risk management business, enabling it to become more efficient, whilst managing all types of risk including credit, market, operational, liquidity and interest rate.

Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, has today announced it has partnered with Onfido, the global identity verification and authentication co

C-suite Fortune 500 technologists set to unite on 30th July to delve into what the recent pandemic means for the future of customer behavior, new digital offerings, and the development and application of technology across the enterprise and beyond.

Register to the exclusive board level webinar now

Ever since digital disruption started, ICSFS embraced business agility as a primary core driver in providing its customers with real value in this global competitive market. ICSFS provides its customers with:

- Innovation as a Core Function, ICSFS is one of the first users in utilising the latest technologies such as blockchain

- Open Banking; open solutions through open APIs architecture to satisfy fintech roles and make their threat an opportunity

- Complete cloud platforms – Cloud available

- Enriched customer service and experience

As well as being one of the biggest banks in the world, Banco Santander also has a reputation as one of the finance industry’s most innovative organizations. Since the launch of its innovation fund, InnoVentures, in 2014, Santander has invested heavily in a range of digital technologies. But every innovation must directly benefit the bank’s millions of customers, like One Pay FX—the transformative cross-border payments service created in partnership with Ripple.

As financial institutions and organisations come to terms with the challenges of the post-Covid-19 world it is obvious that regulated businesses urgently need a new, more efficient, fast and secure way to onboard new customers and re-energize their existing customer base. They also need to add value to their existing customer relationships. Finch Global aims to do just that by creating a shared service that makes it easier to take out financial products, reduces time and resources spent on compliance and reduces risk in the banking system.  

The International Chamber of Commerce's (ICC) 11th annual Global Survey on Trade Finance reveals that banks are optimistic about the evolving nature of trade finance, though unsurprisingly expect various industry-wide challenges and disruption as a result of the COVID-19 pandemic.

NatWest have announced a partnership with Synalogik, a member of their Entrepreneur Accelerator programme, to provide an innovative software platform that will allow the bank to automate their compliance and intelligence checks.