ING to Leave Retail Banking Market in France
- 3 years 2 months ago
- Banking
ING announced today that it will leave the Retail Banking market in France. This decision is the outcome of the strategic review that was announced in June 2021. As announced in June, ING’s Wholesale Banking activities in France will be continued, with a focus on strengthening our position and the ambition to be the go-to-bank for sustainable finance.
Swiss Crypto Bank Collaborates with MT4 to Introduce Optimal Trading Environment
- 3 years 2 months ago
- Cryptocurrencies, Banking
As new opportunities in the financial markets emerge on a daily basis, global online trading brand Swiss Crypto Bank has officially announced an interesting collaboration with veteran and trusted trading platform MetaTrader 4.
Azentio wins 5 Key Awards at IBS Intelligence Global FinTech Innovation Awards 2021
- 3 years 2 months ago
- Banking
Implementations at Tata Mutual Fund, Murabaha Marena, Alkhaleej Bank, Quara Finance, and Emkan Finance, honoured for excellence in innovative technologies
Acquisition Expands Sage Intacct’s Reach in the Retail and Ecommerce Vertical
The Sage Group plc (FTSE: SGE), the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses, today announces that it has agreed to acquire Brightpearl, a cloud native multichannel retail management system for retailers and wholesalers. The acquisition of Brightpearl, in which Sage already has a 17% minority stake, accelerates Sage’s strategy for growth, including scaling Sage Intacct, broadening the value... more
SMEs to Spend £35,000 in 2022 to Address Productivity Crisis
- 3 years 2 months ago
- Banking, Alternative Finance
80% of business leaders are preparing to improve productivity next year Flexible working, new IT systems and investment in digital skills are the leading ways businesses are looking to resolve this issue
Sovcombank and Diasoft Named Winners of the Prestigious Banking Tech Awards 2021
- 3 years 2 months ago
- Banking
The joint project of Sovcombank and Diasoft for automation of the Bank’s corporate and investment business has been awarded with the international Banking Tech Awards in the nomination Best Use of IT in Treasury and Capital Markets. The large-scale project implemented on Diasoft’s Digital Q.FinancialMarkets platform has beaten its global competitors having demonstrated significant advantages for business and technological development of the... more
8 Fintech Founders on Lessons Learned, Opportunities Earned in 2021
Mastercard today welcomes its newest wave of startups to its award-winning Start Path startup engagement program. Start Path alums share their insights into the top trends of 2021 and what they've learned from a challenging year.
Signal Intent Selected for 2022 ICBA ThinkTECH Accelerator
- 3 years 2 months ago
- Banking
Program Drives Advancement of Community Bank Innovation for Fourth Consecutive Year Signal Intent, a leader in financial guidance for the digital age, announced today its participation in the Independent Community Bankers of America’s (ICBA) fourth annual ICBA ThinkTECH Accelerator, in partnership with The Venture Center.
Sovcombank Launches ESG-linked Deposit for Corporate Clients
- 3 years 2 months ago
- Banking
Sovcombank has launched a new product for its corporate clients - a deposit linked to sustainable development goals (ESG deposit). EVRAZ has become its first depositor: its member company EVRAZ NTMK smelter has deposited funds with Russia's first ESG-deposit at Sovcombank. The funds will be used to finance projects in line with the UN Sustainable Development Goals (transformational, green and social projects).
British Business Bank Increases Simply’s Funding Line to Provide £300m of Funding to SMEs
- 3 years 2 months ago
- Banking
Today, the British Business Bank announces an increase to business lender Simply’s existing ENABLE Funding facility. In total, the facility will provide £300m of funding to SMEs across the UK. This is now the largest facility under the Bank’s ENABLE Funding programme, which aims to improve the supply of asset finance to the UK smaller business community.
Signzy strengthens C-Suite leadership in EMEA & APAC, enlists former PayPal India enterprise business head as Chief Growth Officer
~Siddharth Dhamija to help the startup scale BFSI transformation in the region~ Banking infrastructure enabler Signzy, announced the joining of Siddharth Dhamija as their Chief Growth Officer (CGO) to strengthen their global expansion across Europe, Middle East, and Africa (EMEA) and Asia-Pacific (APAC) regions. The announcement follows Signzy’s recent entry into UAE and continued expansion of its C-suite leaders in the region.
Armstrong Bank Selects nCino Platform Across Multiple Lines of Business
Community bank chooses nCino’s cloud-based, single platform to streamline lending, account opening, and client engagement
PV Specialist KLARSOLAR Chooses SWK Bank as Financing Partner
- 3 years 2 months ago
- Banking
In order to support its customers in buying their own photovoltaic system, klarsolar is now cooperating with the digital financing specialist SWK Bank. This makes it easy for people without savings to get their own PV system on their roof and thus support the energy transition.
New Survey Shows Widespread Intercompany Issues Impacting Corporations’ Business, Finance and Accounting Operations and Only Getting Worse
- 3 years 2 months ago
- Banking
Nearly Two-Thirds Report Intercompany Issues Increase Employee Stress with 90% Reporting All-Nighters to be a Regular Occurrence
Fnality Reveals Intraday Liquidity Savings for Wholesale Banks of up to 70% as it Prepares to Roll out blockchain-powered Payment System Globally
- 3 years 2 months ago
- Blockchain, Banking
Fnality has developed a first-of-its-kind solution to the significant fragmentation in cross-currency interbank payments ‘Fnality Participant Simulator’, created with FNA, has estimated the daily liquidity requirements reduction for banks when consolidating multiple existing payment rails into Fnality’s payment system Potential intraday liquidity savings for participant wholesale banks was found to be between 33% - 70%, reducing funding costs... more
