Frothy Stock Market Valuations, a Dash for Cash and Digital Money – All on Bank of England’s Risk Radar
- 3 years 9 months ago
- Banking
The economic outlook has improved, but risks to the recovery remain. Banks have the capital and liquidity to be able to support the economy. Risky asset prices have continued to increase, partly due to higher risk taking. New monetary tools being explored to stop a ‘dash for cash’. Bank of England testing financial sector’s resilience to climate change. Spotlight turned on digital money.
FCA Issues Warning Letter to Banks Over Anti-Money Laundering Failings
Retail banks have been issued a warning by the Financial Conduct Authority (FCA) about continuing weaknesses and failings surrounding their financial crime controls.
American Cycle Finance Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform
- 3 years 9 months ago
- Payments, Credit Cards, Banking
Leading AI-powered credit decision platform provider, Scienaptic, announced that American Cycle Finance (ACF) has successfully deployed its platform. The implementation empowers ACF to assist its partner motorcycle dealers in selling more vehicles to customers with limited or no credit history through sharper, AI-driven credit decisions.
NAMMBA and Finastra Announce Partnership to Effect Positive Change in the Mortgage Industry
he National Association of Minority Mortgage Bankers of America (NAMMBA) and Finastra have partnered to bring about positive change in the mortgage industry, meeting the needs of underserved communities and developing a more diverse mortgage workforce. As a Diamond Plus Partner to NAMMBA, Finastra will support the purpose-driven organization’s efforts to enrich and improve the situations of women and minorities who work in the real estate... more
First Abu Dhabi Bank and State Street Announce Strategic Alliance
- 3 years 9 months ago
- Investment, Banking
New Service Model Designed Specifically for Institutional Investors in the Middle East and North Africa First Abu Dhabi Bank PJSC (FAB) and State Street Corporation today announced a new strategic alliance that leverages FAB’s regional securities services expertise, incorporating the largest direct custody network in the Middle East and North Africa (MENA), and State Street’s global strength and capabilities.
Ekstasy launches Starling Bankʼs latest integrated campaign - ʻHello Starling Bankʼ
- 3 years 9 months ago
- Banking, Online Banking
With more than 2 million customers, Starling is growing fast. The campaign showcases Starlingʼs award-winning app to the UKʼs 2 million online banking users and 3.2 million self-employed workers. Starling is the leading digital bank, aiming to make banking easier, fairer and more human than banks of the past. Ekstasy wanted to shine a light on the customer centric humanity that is at the core of it all. In the ad, they have focused on Starling's... more
Codestone, the Award-Winning SAP and Microsoft Services Business, Set for Growth with Financial Backing from FPE Capital and Now Shawbrook Bank
- 3 years 9 months ago
- Banking
Multi-award winning provider of business applications and cloud services, Codestone, poised for growth with funding from specialist lender Shawbrook. Headquartered in Poole, Dorset, with offices in London and Cheshire, the technology implementation and services business was founded in 1997 by Jeremy Bucknell, CEO, and Dan Hobson, CCO.
Mauritius Commercial Bank (MCB) to adopt MITECH's TRAC Collateral Management System in the Cloud
- 3 years 9 months ago
- Trading Systems, Banking
The Mauritius Commercial Bank Ltd (MCB) (www.MCB.mu) is adopting MITECH's system TRAC (Trade Risk Active Control) to support a continuous and significant growth in its Commodity Trade Finance (CTF) business. TRAC is a Trade Risk and Collateral Management system supporting Structured Trade Commodity Finance.
Traditional banks will be reduced to storage vaults by 2030 unless they move away from a one-size-fits-nobody digital approach, Quadient warns
- 3 years 10 months ago
- Banking
Traditional banks must move away from their current one-size-fits-nobody digital approach, or risk losing control of their customer relationships and being reduced to money storage vaults by 2030, warns customer experience expert Quadient. If they want to continue to be a vital element in their customers’ lives, traditional banks must refocus efforts, embrace a human-centric approach and offer a wider range of services that meet customer needs.
Glia and Tyfone Partner to Help Institutions Embrace Digital Customer Service
- 3 years 10 months ago
- Banking
Glia, a leading provider of Digital Customer Service, today announced that it has partnered with Tyfone, a provider of digital banking solutions. By integrating Glia’s technology into Tyfone’s digital banking platform, financial institutions are providing a quicker, more convenient customer experience.
Fineco Welcomes AllianceBernstein to its Investing Platform
- 3 years 10 months ago
- Investment, Banking
FinecoBank today announces that funds from AllianceBernstein (AB) are now available on its investing platform. AB provides industry-leading research and investment solutions through a combination of innovation, intellectual curiosity and relentless ingenuity.
Kantox and Silicon Valley Bank Expand Partnership to Provide Innovative Currency Risk Management Technology to US Clients
- 3 years 10 months ago
- Management, Risk Management, Banking
Kantox, a European fintech and leader in Currency Management Automation software, has announced an expansion of their partnership with Silicon Valley Bank (SVB), the bank of the world's most innovative companies and their investors. Through this expansion, SVB’s corporate clients across t
Finastra and Hundsun Lirong Partner to Enhance Treasury Capabilities for Chinese Banks
- 3 years 10 months ago
- Banking, IT Innovations
Fintechs to co-develop tailored version of Finastra’s Fusion Opics treasury solution for Chinese market
LiquidShare and Partners Successfully Completed the Central Bank Digital Currency Experiment with Banque de France
- 3 years 10 months ago
- Blockchain, Banking
LiquidShare, a fintech leveraging blockchain technology to develop solutions for post-market players and its partners, AXA Investment Managers, BNP Paribas Securities Services, Caceis Bank, Caisse des Dépôts, CIC Market Solutions, Crédit Agricole Titres, EUROCLEAR, EURONEXT, Kriptown, La Banque Postale, ODDO BHF, ODDO BHF AM, OFI AM and Société Générale Securities Services successfully completed the experiment on the use of central bank digital... more
Government-backed Start Up Lender Endorsed by “the Home of Enterprise Support”
- 3 years 10 months ago
- Banking
National Enterprise Network (NEN) has confirmed its support of British Business Bank as a provider of Start Up loans for UK entrepreneurs. NEN is a membership organisation that brings together Chambers of Commerce, Local Authorities, Enterprise Agencies and specialists training providers, as well as Start Up lenders, business incubators and growth hubs.
