Niu Solutions joins forces with the BBA to help UK banks solve their compliance challenges

Niu Solutions joins forces with the BBA to help UK banks solve their compliance challenges
09.03.2017 11:45 am

Niu Solutions joins forces with the BBA to help UK banks solve their compliance challenges

Banking

Niu Solutions, the leading provider of IT consultancy and infrastructure services, today announces a new partnership with the British Banking Association (BBA) that will strengthen the services it offers the financial services sector.

By joining the leading trade association for the UK banking sector as an Associate Member, Niu will become part of a network of more than 200 member banks operating across 180 international jurisdictions. This partnership will allow Niu to gain key market insights on a range of issues affecting the banking community, so that it can ensure its services are relevant, with particular regards to changing security and compliance measures.

Niu will also be looking to work closely with the Challenger Banks, which helps to create a level playing field for competition and reduce the barriers to growth that many challenger banks face. Membership will also offer Niu a platform to share advice and case studies with today’s newest entrants and challenger banks.

Peter Gee, Managing Director at Niu Solutions, said:

“The BBA has the largest and most comprehensive policy resources for banks in the UK, representing members both domestically and on a global stage. Joining its growing network offers Niu the opportunity to enhance our own links in the financial services sector, widen our reach and share our technical know-how and experiences to help banks solve the digital challenges they face today.

“In response to increasing international regulation, the spotlight is firmly on financial services firms. Recognising this, the BBA is dedicated to ensuring the regulatory approach supports competition and protects banking customers whilst allowing innovation to thrive. This is closely aligned to our objectives, and through our membership, we will use our own experiences of helping leading firms overcome barriers to innovation and achieve the highest security and compliance standards to support BBA members.”

Jason Cole, Commercial Director at the BBA, said:

“We are very pleased to welcome NIU as an associate member. We are looking forward to working with NIU as they seek to provide IT consultancy and infrastructure services solutions to the banking sector.

Related News

Lanistar chooses W2 to power its new banking alternative

W2 partners with Lanistar, ahead of its polymorphic debit card launch that will revolutionise how customers manage their money. W2, the... Read more »

FSS brings AutoPay and conversational capabilities to UPI

FSS (Financial Software and Systems), a global digital payment and financial technology company, has augmented its UPI 2.0 platform with a range of new... Read more »

NatWest brings Apple Pay to business credit cards

NatWest today brings Apple Pay to its Business credit card customers, providing a safer, more secure and private way to pay that helps... Read more »

Mastercard and ANNA Money enter next phase of partnership as the ‘debit card that meows’ comes of age

Mastercard and ANNA Money today announced an extended partnership that will support ANNA’s customers with value-added services.

ANNA is... Read more »

Yolt enters beta for substantial app update in reaction to changing consumer priorities

Yolt, the award-winning smart money app, has today announced that it is heading into a beta... Read more »

BNY Mellon automates global payment inquiries, becoming the first US bank to offer SWIFT gpi Case Resolution service

BNY Mellon has recently collaborated with SWIFT to be the first U.S. bank to offer the gpi Case Resolution service to clients, and the fifth globally. This... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel