Baton Systems Completes Connection to ICE Clear Europe: Allowing FCMs To Automate Collateral Movements Through Baton to One of the Largest CCPs Globally
- 5 years 2 months ago
- Banking
With ICE integration complete by Baton, clearing firms will be able to automate collateral management across 5 Major CCPs, together comprising more than 73% of margin, placed by U.S. registered FCMs. Citi became first FCM to connect to ICE Clear Europe
WestStar Adopts nCino to Improve Customer Experience
Enforce helps WestStar implement nCino platform to increase speed and simplify loan origination process
Open Banking Initiative Canada and Open Banking Expo Team up to Turbocharge Open Banking Community Growth Across Canada
- 5 years 2 months ago
- Banking
- Open Banking Initiative Canada (OBIC), which is a not-for-profit advocacy organization gathering great minds in finance, technology, and regulation, to advance Open Banking as an innovative and inclusive force for good, has partnered with Open Banking Expo, a global community of Open Banking and Open Finance executives responsible for digital transformation across the financial services sector, to boost the growth of Open Banking and Open Fi
British Business Bank Increases Shire Leasing’s Total ENABLE Funding Commitment to £99.8m with Second Facility
- 5 years 2 months ago
- Banking
The British Business Bank today announces a further £62.4m of financing to Shire Leasing under its ENABLE Funding programme, which aims to improve the supply of finance solutions to smaller UK businesses for business–critical assets. The transaction follows on from a first round of funding of £37.4m in 2017 - bringing the overall amount of money under the ENABLE Funding programme awarded to £99.8m.
40% of SME Bankers Still Require Over one Week to Approve Loans
- 5 years 2 months ago
- Banking
Report from FintechOS explores the SME banking landscape and challenges of becoming digital-first
Banking Competition Remedies Ltd (BCR) update on Capability and Innovation Fund Pool F
- 5 years 2 months ago
- Banking
Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million RBS (now NatWest) State Aid Alternative Remedies Package (ARP), today confirms the grant sizes for the Capability and Innovation Fund (CIF) Pool F and reiterates the process and timeline for applications. Pool F consultation process
ABA and JCB Partner to Enable Payment Acceptance in Cambodia
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and Advanced Bank of Asia Ltd. (ABA Bank), the digital banking leader in Cambodia and a subsidiary of National Bank of Canada, signed the License Agreement and announced the launch of JCB payment acceptance in Cambodia.
The FinovateFall Conference Marks Finovate’s Return to In-Person Events
The fintech conference will feature more than 90 global thought leaders and showcase product demos from more than 50 companies
Digital Bank Kroo Receives Banking Licence With Restrictions From UK Financial Regulators
- 5 years 2 months ago
- Banking
The digital bank which recently raised £17.7M, will focus on delivering an exceptional and secure banking experience, built on its innovative social current account and competitive lending products.
Contour and GSBN Partner to Drive Digitisation Across Global Shipping Industry
- 5 years 2 months ago
- Banking
Partnership increases speed of logistics and ease of conducting trade globally Digital trade finance network Contour has partnered with the Global Shipping Business Network (GSBN) to offer an end-to-end digital solution for all participants involved in trading, financing and shipping goods around the world.
HPD Lendscape Chosen to Support Banca Transilvania Growing Factoring Volumes and Digitalisation Drive
Banca Transilvania, the largest bank in Romania, has selected HPD Lendscape
Embedded Finance Key to SME Recovery and Rebuilding Economy
iwoca data shows how embedded finance leads to speedier and more successful loan applications for small businesses Half of applications through embedded finance partners receive a decision within two minutes, and are 58% more likely to be successful than direct applications Nearly 30% of all loan applications to iwoca now come through embedded finance partners
PayNearby Partners with Visa and RBL Bank to Launch SoftPoS and mPOS
- 5 years 2 months ago
- Payments, Money Transfers, Banking
Aims to democratize digital payments and reduce cash transactions at the last mile by offering an all-inclusive payment acceptance infrastructure at retail touch points • Transform everyday smartphones into merchant terminals (SoftPoS) at no additional cost • Enable 2-in-1 Micro ATM devices, that double up as payment acceptance (mPOS) and cash withdrawal at very affordable pricing
Digital Banking Challenge Launched to Upskill Bahraini Youth Digital Capabilities
- 5 years 2 months ago
- Banking, Online Banking
The National Bank of Bahrain Digital Challenge in strategic partnership with Bahrain FinTech Bay will contribute in upskilling Bahraini youth digital capabilities and enable them to explore various emerging tech trends. The National Bank of Bahrain launches the Digital Banking Challenge in strategic partnership with Bahrain FinTech Bay; one of MENA’s largest FinTech Hubs open for all Bahraini youth to develop new and creative solutions focused... more
OSB Group PLC Renews Contract with Phoebus Software
- 5 years 2 months ago
- Banking
OSB Group (OSB) and Phoebus Software Limited (PSL) have signed a new 5-year contract. The specialist lender has been a client of PSL since 2013 and the new deal follows the merger of OneSavings Bank and Charter Court Financial Services plc in 2019. The mortgage servicing solution will handle all the Group’s primary and special servicing requirements in a highly automated manner. Users are based in both the UK and India.
