Allica Bank Cuts Rates on Commercial Mortgage Products and Increases Ltvs and Broker Procuration Fees
- 3 years 4 weeks ago
- Banking
Committed to assisting SMEs in obtaining finance for future growth, Allica Bank has revamped its commercial mortgage products to help improve access to finance. The changes include reducing interest rates and increasing the maximum Loan-To-Value (LTV). The bank has also increased procuration fees for its broker community. The product portfolio was updated in response to Allica’s broker survey in December. It will see broker procuration fees... more
Dutch Provider of B2b Bnpl Solutions Will Become Part of the Banking Circle Ecosystem
- 3 years 4 weeks ago
- Banking
Biller, an AI-driven Buy Now Pay Later (BNPL) company focused on business invoices, is set to join the Banking Circle ecosystem of financial services and applications. After closing of the acquisition, Biller will operate as an independent sister company in the Banking Circle ecosystem. Next generation of instant business invoice payments
Panmure Gordon Partners With Kooth Work to Support the Mental Health of Its Employees and Their Families
- 3 years 4 weeks ago
- Investment, Banking
Kooth Work has been selected by Panmure Gordon, a UK Investment Bank to help deliver proactive and preventative mental health and wellbeing support to all its employees and their families.
Objectway Appoints Karl Im Brahm as CEO for the Dach Region and Group Banking Practice Leader
- 3 years 4 weeks ago
- Wealth Management, Banking, People Moves
Karl will lead the Die Software Objectway Group entity as the Group continues its expansion in the German-speaking private banking and wealth management markets, as part of its long term growth strategy for the region. Moreover, he will lead the Banking Practice at group level.
NBK Capital Partners Mezzanine Fund Provides US$ 10 Million Financing to Moove, an African Mobility Fintech
- 3 years 4 weeks ago
- Investment, Alternative Finance
The financing facility will enable Moove to democratize vehicle ownership in Africa and expand across key markets Moove is Uber’s exclusive vehicle financing and vehicle supply partner in Sub-Saharan Africa
Komerční Banka – Part of the Société Générale Group – Goes Live on Temenos Core to Power Digital Future
- 3 years 4 weeks ago
- Core Banking
Komerční banka – part of the Société Générale Group - has completed the first phase of its core banking system replacement, going live on Temenos Transact in under 12 months with implementation partner, Syncordis. The modernization of its core system constitutes the crucial step in Komerční banka's strategy to become the digital banking leader in the Czech Republic.
Pakistan's Silkbank Taps Silverlake Axis to Grow its Credit Card Footprint
- 3 years 4 weeks ago
- Banking
Silkbank will upgrade its card management suite to use Silverlake's latest platform, Symmetri OmniCard V6. SGX-listed Silverlake Axis Ltd, the ASEAN leader in next-generation digital core banking systems and solutions, today announced an expansion of its partnership with Silkbank, a leading commercial and Islamic bank in Pakistan. Through the latest agreement, Silkbank will upgrade its card management suite to use Silverlake's latest platform,... more
Penfold Joins Starling Bank’s Personal Marketplace
- 3 years 1 month ago
- Banking
Starling customers will now be able to set up an engaging, accessible and high performing pension in minutes Penfold, the digital pensions platform, has today announced they have been added to Starling Bank’s Personal Marketplace, allowing customers to set up a Penfold pension through the Starling app in a matter of minutes.
Nubank Appoints ex-Tink UK Head Rafa Plantier
- 3 years 1 month ago
- Open Banking, Banking
Digital bank Nubank has hired Rafa Plantier from Open Banking platform Tink as head of strategy and business development. Plantier confirmed that he will continue to be based in London in his new role at Brazil’s Nubank. In a LinkedIn post, Plantier wrote: “I’m thrilled to be joining Nubank as head of strategy and business development – leading an incredibly talented group of people spread across all of its business units and supporting its long... more
Rabobank Goes Live With Surecomp’s End-to-end Digital Trade Finance Solution
- 3 years 1 month ago
- Trading Systems, Banking
Surecomp® today announced that Rabobank, the second largest Dutch bank, is fully operational with its integrated back and front-office digital trade finance solutions DOKA-NG™ and allNETT™. The bank has also deployed one of its Marketplace partner solutions - the digital adoption platform Walkme™, which is a no-code solution embedded within the front-office solution that enables it to track, measure, drive and guide its customer behavior and use... more
Russian Speaker Recognition Technology Receives High Praise in NIST International Competition
- 3 years 1 month ago
- Banking
Speech Technology Сenter (part of the Sberbank ecosystem) has demonstrated strong performance in a speaker recognition (voice biometrics) competition hosted by the US National Institute of Standards and Technology (NIST).
Temenos Named in 2022 Bloomberg Gender-Equality Index
- 3 years 1 month ago
- Banking
Temenos achieves a perfect 100% disclosure score in the global benchmark index on gender equality
British Business Bank Publishes Updated List of 265 Companies in Which the Future Fund Has a Shareholding
- 3 years 1 month ago
- Fund Management, Banking
Today the British Business Bank publishes a list of 108 additional companies in which the Future Fund holds an equity stake, taking the total to 265 as at 31 December 2021. Launched on 20 May 2020, and open for applications until 31 January 2021, the Future Fund issued 1,190 companies with Convertible Loan Agreements worth £1.14bn in total. Third-party investors were required to at least match the Future Fund’s investment.
Sber is the Strongest Brand in Europe
- 3 years 1 month ago
- Banking
Sber has been named the strongest brand in Europe by the Brand Finance Global 500 2022 report, ranking first on the old continent with the Brand Strength Index (BSI) score of 92.3 out of 100 and an elite AAA+ rating. Over the year, the bank’s brand strength has increased by +0.3 despite the coronavirus pandemic. A year earlier, Sber ranked second in terms of brand strength following Ferrari, but this year, the companies have swapped their ranks...
Broadridge and Santander Collaborate to Transform Proxy Voting for Spanish Market Investors
- 3 years 1 month ago
- Banking, Infrastructure
Broadridge Financial Solutions, Inc. today announced the live availability of a new Spanish issuer “golden copy” event notification and vote execution service for the Spanish market. The service, delivered in collaboration with Santander Investment S.A., the leader in Shareholder General Meeting services in Spain, provides a fully automated solution with market-wide coverage.