Mahir Zaimoglu to Join Banking Circle
- 3 years 5 months ago
- Banking, People Moves
Banking Circle, the tech-led licenced bank supporting the cross border flows of Payments businesses and Banks, has announced that Mahir Zaimoglu is joining senior management to, among other areas, assist with the strategic review of monetization options. Mahir joins with more than 20 years of experience in the financial industry, most recently as Managing Director and Head of Financial Sponsors M&A in EMEA for Goldman Sachs. Previously he... more
J.P. Morgan Private Bank Inaugural Report on Businesses Powered by Women Reveals Striking Growth Despite Headwinds Due to Pandemic
- 3 years 5 months ago
- Banking
J.P. Morgan Private Bank today released the results of its first-ever Top 200 Female-Powered Businesses report analysing opportunities and challenges for UK women in businesses.
Bhairav Trivedi, CEO of Crown Agents Bank Comments
- 3 years 5 months ago
- Banking
“In announcing the UK Government’s intentions to explore the use of Central Bank Digital Currencies, the Chancellor has made the most significant step of anyone globally to date, in bringing about mainstream adoption of digital currencies. This is a far cry from the early days of cryptocurrencies, when they were often dismissed for their links to illegal activity.
Bhairav Trivedi, CEO of Crown Agents Bank comments on Central Bank Digital Currencies
“In announcing the UK Government’s intentions to explore the use of Central Bank Digital Currencies, the Chancellor has made the most significant step of anyone globally to date, in bringing about mainstream adoption of digital currencies. This is a far cry from the early days of cryptocurrencies, when they were often dismissed for their links to illegal activity.
Locality Bank IO Partners With NYMBUS to Create & Grow Digital-First De Novo That Empowers Community Businesses
- 3 years 5 months ago
- Banking
NYMBUS®, a leading provider of banking technology solutions, today announced Locality Bank IO has selected Nymbus and its unique GROW model to launch South Florida’s newest digitally-enhanced community bank for se
Things You Must Know Before Applying For A Personal Loan
- 3 years 5 months ago
- Banking
A personal loan allows a customer to borrow a fixed amount of money for various reasons. Many lending institutions like banks, online lenders and credit unions provide personal loans. You can use personal loans according to your wish. For example, you can use it to buy a new car or expand your existing business. Personal loans are a better alternative to credit cards. Personal loans allow flexibility as you have to pay a specific amount of money... more
Yimba and Railsbank Partner to Enhance Digital Wallet Services
Yimba a FAST (Fintech As a Service Technology) company, and
Nucleus Commercial Finance Enhances Business Growth Loans to Support More SMEs
- 3 years 5 months ago
- Banking
Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced enhancements to its Business Growth Loans, helping to support more UK SMEs as lockdown restrictions are eased. The product, initially launched in March, was the industry’s first solution designed to support SMEs as the government’s Coronavirus Business Interruption Loan Scheme (CBILS) came to an end.
Avaloq Enters Partnership with Adviscent to Provide Smart Content Solutions for Wealth Managers and Private Banks
- 3 years 5 months ago
- Investment, Banking
Adviscent, a Zurich-based fintech, is connecting with the recently launched Avaloq Wealth Platform to accelerate the transformation of established financial institutions’ advisory business by means of an innovative content hub.
Rocker Selects Vilja Banking Platform to Facilitate its Savings Offering
Fast-growing bank challenger Rocker chooses to partner with Vilja when expanding its business to offer consumer savings accounts with a deposit guarantee. Swedish fintech Rocker, formerly known as Bynk, is expanding its mobile services offering to include savings accounts for its customers as part of its ambition to help consumers optimize their spending and finances.
Citi Taps Mastercard Send™ to Expand Payment Exchange Capabilities for Clients in the U.S.
Integration of Mastercard Send™ provides the ability to transfer funds to debit and prepaid card accounts
Santander Becomes a Founding Member of the Net Zero Banking Alliance
- 3 years 5 months ago
- Banking
Tinkoff Launches Dolyame.ru – the First BNPL Payment Service in Russia
- 3 years 5 months ago
- Banking
Tinkoff has launched Russia's first digital BNPL (buy-now-pay-later) service Dolyame.ru. Innovative for the Russian market, this new means of paying for purchases in online stores combines the advantages of online acquiring and installment plans. Buyers can pay for goods in installments without incurring interest, and sellers can immediately receive the full purchase price in their account without commissions or delays.
Innovation Keeps SME’s In Business During Covid
The coronavirus pandemic has brought about chaos for many UK SMEs, but raw entrepreneurism has risen through the uncertainty as businesses adapt and pivot to survive. New research1 on the future of businesses from Cynergy Bank found that 70% of businesses have had to change their business model to survive during the pandemic.
Commerzbank Announces to Become a Net Zero Bank
- 3 years 5 months ago
- Banking
Today Commerzbank has joined the Net-Zero Banking Alliance of UNEP FI, the United Nations Environment Programme Finance Initiative. As one of the first financial institutions worldwide, Commerzbank is committed to reducing its CO2 emissions in the best possible way. The aim is to reduce the CO2 balance sheet of its entire lending and investment portfolio to net zero by 2050 at the latest. For its own banking operations, the Bank aims to reduce... more