Ultra-low Mortgage Deals Vanish ahead of Bank of England Base Rate Decision
- 3 years 8 months ago
- Banking
Ultra-low mortgage rates have already been vanishing amid expectations that the Bank of England base rate could increase soon. On Thursday, the Bank will reveal whether it will hike the base rate amid pressure from inflation or maintain the existing 0.1% rate for at least one more month. On October 25 there were 82 fixed-rate mortgages available at 0.84% to 0.99% but by Tuesday this week this had shrunk to 22 deals, according to analysis by... more
Suffolk Tech Firm Completes MBO Following Record Growth
- 3 years 8 months ago
- Management, Banking, Consultancy
MBO at Suffolk tech distributor following record year of 30% revenue growth Business targets further revenue growth with plans to expand its product range and training programmes Shawbrook Bank supports investment house with £2 million loan to support buyout A Suffolk technology consultancy and distributor has been acquired by Merino Private Equity, after growing revenues by 30% during the pandemic, with support from Shawbrook Bank.
New Report from NielsenIQ and Diebold Nixdorf Unveils Five Distinct Motivators that Shape Consumer Experiences in Banking
- 3 years 8 months ago
- Banking
Survey of 12,000 banking consumers explores how and why they engage with banking technology through unique motivations, desires and expectations Diebold Nixdorf, a global leader in driving connected commerce across the financial and retail industries, and NielsenIQ today announced results from the “Motivations in Modern Banking” report, based on a representative survey of 12,000 consumers in 11 countries.
Sber Presents English-language Version of Visper Virtual Character Platform at Web Summit
- 3 years 8 months ago
- Banking
The Visper platform for generating video clips with photorealistic and animated characters is now available in English. The English-language version of the platform was premiered at Web Summit 2021, a major international technology conference held from November 1 to 4 in Lisbon, Portugal.
Fintech Enabler With Cloud-native Tech Stack: Raisin Bank Launches BaaS Services on Mambu
Raisin DS turns Raisin Bank into one of the first German cloud banks. Mambu’s flexible technology strengthens Raisin Bank’s position as a BaaS provider for fintechs.
Zopa Appoints Ex Capital One Risk Veteran as New Chief Risk Officer
- 3 years 8 months ago
- Banking, Risk Management, People Moves
Digital bank Zopa has appointed Graham Robinson as its new Chief Risk Officer. Graham joins Zopa as it completes its successful first year as a digital bank and sets its sights on further growth.
GIFT City receives huge interest for Global FinTech Hackathon “Sprint 01: BankTech”
- 3 years 8 months ago
- Banking, IT Innovations
GIFT City & International Financial Services Centres Authority (IFSCA) jointly launched I-Sprint’21 as the global FinTech Hackathon Series on the 7 October 2021. A series of Hackathons cutting across various financial services sectors have been planned under the banner of I-Sprint’21. Sprint01: BankTech, the first of the series focused on the "Banking" sector has been launched. It is being conducted virtually and is open to eligible FinTechs... more
BBVA and Sella Enter Into an Open Finance Strategic Partnership
- 3 years 8 months ago
- Open Banking, Banking
Thanks to Banca Sella’s new "Banking As A Service" offer, the Spanish group will allow its customers to make local payments in Italy. As part of a broader international collaboration, Fabrick’s Open finance platform will serve some corporate customers of BBVA
Arbuthnot Latham Brings Apple Pay to Clients
A safer, more secure and private way to pay with iPhone and Apple Watch.
Railsbank Shapes the Future of Finance with Launch of New Category and Vision at Web Summit
- 3 years 8 months ago
- Banking
The new Embedded Finance Experiences category is a vital evolution of embedded finance, unlocking deeper engagement for consumer brands
iwoca’s SME Expert Index: SMEs Focus on Growth and Turn to Recovery Loan Scheme
- 3 years 8 months ago
- Banking
Growing the business is the most important reason cited by SMEs accessing finance, overtaking ‘managing day to day cash flow’ for the first time this year. Prior to the Recovery Loan Scheme being extended, nearly 40% of brokers saw client demand for the scheme increase compared to Q2. iwoca’s SME Expert Index provides regular snapshots of the lending market from the perspective of industry experts .
Verto and ClearBank Partner to Better Serve UK and European SMEs with Cross-border Payments
- 3 years 8 months ago
- Banking
Verto, the B2B payments platform and currency exchange marketplace for SMEs, has partnered with ClearBank, the cloud-based clearing bank, to create seamless cross-border payments solutions for underserved UK and European businesses.
Klarna Acquires PriceRunner to Strengthen Banking Offer for its 90m Global Consumers
- 3 years 8 months ago
- Banking
Klarna, a leading global retail bank today announces it has signed an agreement to acquire PriceRunner. PriceRunner will bring new features in the form of product reviews, rich product discovery and price comparisons to the Klarna app to enhance the shopping, payments and banking experience for consumers globally.
Cambodian Bank, Hattha Bank Selects Temenos Cloud-Native Digital Banking Platform to Speed up Lending to 100,000 SMEs
- 3 years 8 months ago
- Digital banking, Banking
Temenos Infinity’s ready-to-go digital banking platform will allow Hattha Bank to quickly launch SME banking and support Cambodia’s Covid-19 economic recovery Seamless digital onboarding will allow the bank to rapidly grow its customer base and provide vital funding and banking services to 100,000 SMEs within five years
