Shawbrook Makes Life Faster and Easier for Asset Finance Brokers With New Digital Portal
- 3 years 5 months ago
- Banking
Shawbrook Bank has launched a new digital portal that will help brokers provide clearer, faster decisions to their business customers on asset finance proposals. The move comes as the next in a series of digital capability innovations launched by the specialist lender in recent months. Powered by ConnectedFi, the new portal’s quick calculator tool will help brokers to provide instant indicative pricing to their customers. The programme also... more
Open Banking Expo Central Bank Digital Currencies Confex on 10 March 2022
- 3 years 5 months ago
- Banking
Open Banking Expo, the leading global community of Open Banking and Open Finance executives responsible for digital transformation across financial services, will host thought leaders and practitioners for the Central Bank Digital Currencies (CBDCs) Confex on 10 March 2022.
Tonik Raises US$131M Series B Led by Mizuho Bank
- 3 years 5 months ago
- Fundraising News, Banking
Other investors include Prosus Ventures as well as prior investors Insignia, Sequoia India, Point72 Ventures, and iGlobe
Sovcombank Signs the UN’s Climate Neutral Now pledge
- 3 years 5 months ago
- Banking
Sovcombank, the leader in ESG banking in Russia, joined the United Nations’ Climate Neutral Now movement to strengthen its non-financial reporting transparency and support the environmental goals. Sovcombank will measure, reduce, and annually report the greenhouse gas emissions as the first Russian signatory bank.
GoCardless Joins Tech Unicorns as It Secures USD312 Million to Accelerate Growth in Open Banking
- 3 years 5 months ago
- Open Banking, Payments, Banking
New investment by Permira’s Growth Opportunities fund and BlackRock Private Equity Partners values GoCardless at USD2.1 billion Investment follows a fast start in open banking and will be used to double down on account-to-account payments and build a global ‘bank pay’ network to rival cards
Arm's Reach for a Potential New York Listing Following Nvidia Deal Collapse Is a Bitter Blow for Softbank and London
- 3 years 5 months ago
- Banking
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
Digital Innovations Shaping the Future Banking Landscape in Mena Region
- 3 years 5 months ago
- Banking, FinTech StartUps
In the wake of the pandemic, banks across the globe continue to pursue digital transformation aggressively to position and prepare themselves to thrive in the post-COVID, digital-first world. As a result, the MENA banking sector is also undergoing profound changes, giving regional banks the opportunity to rethink their existing business models and take a giant leap into the future.
AlHuda CIBE signed a MoU to establish for Takaful Company in Tajikistan
- 3 years 5 months ago
- Banking, Islamic Finance
AlHuda CIBE and Tawhid Bank signed an agreement to set up first Shariah Based Insurance (Takaful) company in Tajikistan AlHuda CIBE UAE and Tawhid Bank Tajikistan signed an agreement to set-up the first Takaful Company in Tajikistan. It is the first Shariah legitimate solution to Tajikistan's insurance industry. The MoU signing ceremony was held Dubai - UAE.
BOA Analysis: US CBDC is Inevitable
- 3 years 5 months ago
- Banking
According to a new Bank of America analysis, US consumers will soon face a new financial reality: a central bank digital currency. US-backed CBDCs “are an inevitable evolution of today’s electronic currencies,” Bank of America crypto strategists Alkesh Shah and Andrew Moss wrote in a client note on Monday, according to Bloomberg.
UR Islamic Bank Goes Live on ICS BANKS Islamic Banking Solution from ICSFS
- 3 years 5 months ago
- Banking, Islamic Finance
Baghdad, Iraq: UR Islamic bank for Investment, a privately-owned bank in Iraq, has successfully gone live on ICS BANKS Islamic Banking software solution from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.
Fintech CEO: Bank of Korea CBDC Test Offers View Toward Future
- 3 years 5 months ago
- Banking
Reports have emerged that the Bank Of Korea found the first phase of their CBDC simulation project to be a success. This phase included manufacturing, issuing and distribution in a simulation environment, according to the report.
50 industry leading speakers lined up for return of Banking Transformation Summit
- 3 years 5 months ago
- Banking
Industry leading speakers from the world of banking and tech have been lined up to speak at the return of Europe’s leading Banking Transformation event - Banking Transformation Summit. Taking place on the 29th June, the 1 day show will discuss the internal and external factors disrupting banking. Leading speakers confirmed to join the agenda include:
Brexit Two Years on: Britain Remains Global Leader in Foreign Businesses
New data reveals 430% increase in foreign businesses opening UK accounts Despite fears the UK would lose its position as one of the most attractive places for foreign businesses to invest post-Brexit, new data from UK bank challenger 3S Money reveals this couldn’t be further from the truth. ,
4/02 – Weekly Fintech Recap
- 3 years 5 months ago
- APIs, Artificial Intelligence, Blockchain, Digital banking, E-Commerce, RegTech, Payments, Banking, Data, Corporate, Infrastructure, M&A Deals, People Moves
Partnerships Nium and FINCI announce partnership to strengthen payment services internationally Fintech company FINCI announced a partnership with global payments and cards issuance leader Nium, that will leverage Nium’s competitive FX rates and extensive pay-out network in strategic markets across the APAC and EMEA regions. The collaboration will enable real-time payments to new markets and improve services to existing regions for FINCI’s... more
Lemonedge Seals $4 Million Funding Round Led by Blackstone
- 3 years 5 months ago
- Banking
LemonEdge, a modern, low-code accounting platform powering the private capital industry, has completed a $4 million funding round, led by Blackstone Innovation Investments with participation from existing investors, including Sidekick Partners, Lauren Iaslovits (co-founder of Investran and a pioneer of private capital market technologies) and Tikhon Bernstam (founder of Parse and Scribd).
