Brexit Two Years on: Britain Remains Global Leader in Foreign Businesses
New data reveals 430% increase in foreign businesses opening UK accounts Despite fears the UK would lose its position as one of the most attractive places for foreign businesses to invest post-Brexit, new data from UK bank challenger 3S Money reveals this couldn’t be further from the truth. ,
4/02 – Weekly Fintech Recap
- 3 years 3 weeks ago
- APIs, Artificial Intelligence, Blockchain, Digital banking, E-Commerce, RegTech, Payments, Banking, Data, Corporate, Infrastructure, M&A Deals, People Moves
Partnerships Nium and FINCI announce partnership to strengthen payment services internationally Fintech company FINCI announced a partnership with global payments and cards issuance leader Nium, that will leverage Nium’s competitive FX rates and extensive pay-out network in strategic markets across the APAC and EMEA regions. The collaboration will enable real-time payments to new markets and improve services to existing regions for FINCI’s... more
Lemonedge Seals $4 Million Funding Round Led by Blackstone
- 3 years 3 weeks ago
- Banking
LemonEdge, a modern, low-code accounting platform powering the private capital industry, has completed a $4 million funding round, led by Blackstone Innovation Investments with participation from existing investors, including Sidekick Partners, Lauren Iaslovits (co-founder of Investran and a pioneer of private capital market technologies) and Tikhon Bernstam (founder of Parse and Scribd).
Sber Joins International Alliance Designing Universal Home Automation Connectivity Standard Matter
- 3 years 3 weeks ago
- Banking
SberDevices has joined an international alliance designing the universal smart home standard Matter. The standard helps achieve interoperability of systems and make them all compatible, which spells enhanced convenience for users. Matter is an industry–unifying standard and a promise of reliable, secure connectivity. A seal of approval that devices will work seamlessly together, Matter creates more connections between more objects, simplifies... more
Bank of England Announces Further Hike to 0.50%
- 3 years 3 weeks ago
- Banking
The Bank of England has raised rates for a second time since December 2021 to 0.50%. The committee voted 5-4 in favour of a hike to 0.50%, with those in the minority favouring a rise to 0.75%. CPI is expected to peak at 7.25% in April 2022, a full 2% higher than was expected in November 2021. Initial market reaction sees the UK 10 year government bond rise above pre-pandemic levels. Jonathan Moyes, Head of Investment Research, Wealth Club
Slovakia’s Largest Mutual Funds Manager Selects Temenos Multifonds
- 3 years 3 weeks ago
- Banking
Tatra banka will implement Temenos Multifonds to administer €3.8 billion AUM and enhance investor servicing across its mutual and pension businesses
Cynergy Bank Supports Care Homes During the Pandemic
- 3 years 3 weeks ago
- Banking
Adult social care is a sector under immense pressure. Prior to the pandemic, the Competition and Markets Authority’s 2017 report highlighted the financial fragility of the sector. It is clear that COVID-19 has exacerbated financial pressures on care homes, potentially leading to highly disruptive closures.
Ecobank Cape Verde, Official Sponsor of the Cape Verde Pavilion at Expo 2020 Dubai
- 3 years 3 weeks ago
- Banking
Ecobank to use the Pavilion to grow its profile and visibility in UAE Participation to promote investments back to Cape Verde; Ecobank (www.Ecobank.com ) to use the Pavilion to grow its profile and visibility in UAE; Ecobank’s network of 33 countries key to reaching Sub Saharan Africa, as well as 5 Representative Offices, one of which is located in Dubai, UAE.
Accenture to Develop UAE National Instant Payment Platform
Accenture has been selected by the Central Bank of the UAE (CBUAE) to lead a consortium of companies to help execute its National Payment Systems Strategy. In collaboration with SIA, now part of Nexi Group, and G42, Accenture will build and operate the National Instant Payment Platform (IPP) over the next five years.
Commerzbank and Fraunhofer Whitepaper: Big Data, Blockchain, Internet of Things and Artificial Intelligence Set to Revolutionise Trade and Supply Chain Finance
- 3 years 3 weeks ago
- Blockchain, Banking
Whitepaper sees trade and supply chain finance industries at a turning point Report identifies building blocks of the new trade finance ecosystems
Former Pilot’s Lending Business Flying High With Increased Bank Backing
- 3 years 3 weeks ago
- Banking
Bridging loan company aims to double lending book in 12 months Cheadle lender plans to expand in all areas including product enhancements and increasing its maximum loan size having recently lent £3.87m in one week Shawbrook Bank continues to back firm with increased wholesale facility
Wolters Kluwer Grc Wins Multiple Best Place to Work Accolades for Financial Technology
- 3 years 3 weeks ago
- Banking
Wolters Kluwer’s Governance, Risk & Compliance (GRC) division has won a raft of independently judged accolades, recognizing it as a “Great Place to Work.” The awards, all free to enter programs decided by independent editorial panels, celebrate Wolters Kluwer GRC as a global employer that values its staff, recognizes and promotes talent from within and fosters a collaborative, inclusive and high-performing culture. The division enjoyed a... more
Wolters Kluwer Grc Wins Multiple Best Place to Work Accolades for Financial Technology
- 3 years 3 weeks ago
- Banking
Wolters Kluwer’s Governance, Risk & Compliance (GRC) division has won a raft of independently judged accolades, recognizing it as a “Great Place to Work.” The awards, all free to enter programs decided by independent editorial panels, celebrate Wolters Kluwer GRC as a global employer that values its staff, recognizes and promotes talent from within and fosters a collaborative, inclusive and high-performing culture. The division enjoyed a... more
Phoebus Software Limited and Hampshire Trust Bank sign new contract
- 3 years 4 weeks ago
- Banking
Phoebus Software Limited (PSL) and Hampshire Trust Bank have renewed their contract which will see the Phoebus solution continue to service the bank’s specialist mortgage and development finance lending propositions.
Planters First Bank Introduces New Jack Henry Solutions to Better Serve Business Customers
Jack Henry helps historic bank expand with a modern digital experience and personal touch, new features are embraced by customers Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that Planters First Bank launched Jack Henry capabilities to innovate and deliver competitive services that differentiate them from megabanks and big tech, supporting its vision to be the best community bank for Middle Georgia.
