Bhairav Trivedi, CEO of Crown Agents Bank comments on Central Bank Digital Currencies
“In announcing the UK Government’s intentions to explore the use of Central Bank Digital Currencies, the Chancellor has made the most significant step of anyone globally to date, in bringing about mainstream adoption of digital currencies. This is a far cry from the early days of cryptocurrencies, when they were often dismissed for their links to illegal activity.
Locality Bank IO Partners With NYMBUS to Create & Grow Digital-First De Novo That Empowers Community Businesses
- 4 years 1 month ago
- Banking
NYMBUS®, a leading provider of banking technology solutions, today announced Locality Bank IO has selected Nymbus and its unique GROW model to launch South Florida’s newest digitally-enhanced community bank for se
Things You Must Know Before Applying For A Personal Loan
- 4 years 1 month ago
- Banking
A personal loan allows a customer to borrow a fixed amount of money for various reasons. Many lending institutions like banks, online lenders and credit unions provide personal loans. You can use personal loans according to your wish. For example, you can use it to buy a new car or expand your existing business. Personal loans are a better alternative to credit cards. Personal loans allow flexibility as you have to pay a specific amount of money... more
Yimba and Railsbank Partner to Enhance Digital Wallet Services
Yimba a FAST (Fintech As a Service Technology) company, and
Nucleus Commercial Finance Enhances Business Growth Loans to Support More SMEs
- 4 years 1 month ago
- Banking
Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced enhancements to its Business Growth Loans, helping to support more UK SMEs as lockdown restrictions are eased. The product, initially launched in March, was the industry’s first solution designed to support SMEs as the government’s Coronavirus Business Interruption Loan Scheme (CBILS) came to an end.
Avaloq Enters Partnership with Adviscent to Provide Smart Content Solutions for Wealth Managers and Private Banks
- 4 years 1 month ago
- Investment, Banking
Adviscent, a Zurich-based fintech, is connecting with the recently launched Avaloq Wealth Platform to accelerate the transformation of established financial institutions’ advisory business by means of an innovative content hub.
Rocker Selects Vilja Banking Platform to Facilitate its Savings Offering
Fast-growing bank challenger Rocker chooses to partner with Vilja when expanding its business to offer consumer savings accounts with a deposit guarantee. Swedish fintech Rocker, formerly known as Bynk, is expanding its mobile services offering to include savings accounts for its customers as part of its ambition to help consumers optimize their spending and finances.
Citi Taps Mastercard Send™ to Expand Payment Exchange Capabilities for Clients in the U.S.
Integration of Mastercard Send™ provides the ability to transfer funds to debit and prepaid card accounts
Santander Becomes a Founding Member of the Net Zero Banking Alliance
- 4 years 1 month ago
- Banking
Tinkoff Launches Dolyame.ru – the First BNPL Payment Service in Russia
- 4 years 1 month ago
- Banking
Tinkoff has launched Russia's first digital BNPL (buy-now-pay-later) service Dolyame.ru. Innovative for the Russian market, this new means of paying for purchases in online stores combines the advantages of online acquiring and installment plans. Buyers can pay for goods in installments without incurring interest, and sellers can immediately receive the full purchase price in their account without commissions or delays.
Innovation Keeps SME’s In Business During Covid
The coronavirus pandemic has brought about chaos for many UK SMEs, but raw entrepreneurism has risen through the uncertainty as businesses adapt and pivot to survive. New research1 on the future of businesses from Cynergy Bank found that 70% of businesses have had to change their business model to survive during the pandemic.
Commerzbank Announces to Become a Net Zero Bank
- 4 years 1 month ago
- Banking
Today Commerzbank has joined the Net-Zero Banking Alliance of UNEP FI, the United Nations Environment Programme Finance Initiative. As one of the first financial institutions worldwide, Commerzbank is committed to reducing its CO2 emissions in the best possible way. The aim is to reduce the CO2 balance sheet of its entire lending and investment portfolio to net zero by 2050 at the latest. For its own banking operations, the Bank aims to reduce... more
IGM Credit Launches Verified Bond Data on IOWArocks Data Marketplace
Traders, Banks and Funds Gain Secure, Direct Access to Near Real-Time Database Spanning Decades. Informa Global Markets (IGM) has launched its syndicated corporate bond data on the IOWArocks data marketplace, offering firms secure, direct access that automates business operations while driving new growth through a trusted source.
Mastercard Selects Aion Bank, Powered By The Vodeno Cloud Platform, as Strategic Partner for its Fintech Express Programme
- 4 years 1 month ago
- Transaction Banking, Payments, Banking
Mastercard and Aion Bank, supported by technology partner, Vodeno, have signed a strategic partnership, whereby the digital bank has become a welcomed, certified member of Mastercard’s Fintech Express programme. Through the partnership, fintechs will be able to leverage Aion Bank’s Vodeno Cloud Platform (VCP) technology, one of the most comprehensive banking platforms operating entirely in the cloud.
HSBC Commend Snap-on for Exceptional Performance
- 4 years 1 month ago
- Banking
Already named as the UK’s number one automotive franchise and sixth best opportunity overall for 2021, Snap-on Tools now adds another award to its already impressive collection. The ‘HSBC Elite Franchise Exceptional Performance Award 2021’ was presented at a virtual ceremony in March. All 100 franchise brands that made the now prominent ‘EF100’ list were eligible for the award. But demonstrating over a century of success, dedication to its... more
