Banking Competition Remedies Ltd (BCR) Announces the Awards of Capability and Innovation Fund Pool F
- 3 years 10 months ago
- Fund Management, Banking
The Board of Banking Competition Remedies Ltd (BCR) today announces the results of the Capability and Innovation Fund Pool F grant process. The Capability and Innovation Fund Pool F was open to organisations that meet the same eligibility criteria as previous Pool A, B, and C bodies, which can be found here. The grants, which have a combined value of £12.5 million, are awarded as follows:
Smaller Businesses Responsible for Around Half of All UK Greenhouse Gas Emissions From Businesses, British Business Bank Research Reveals
- 3 years 10 months ago
- Banking
· Awareness of net zero is becoming significant (at nearly 60%), although only around half of smaller businesses say decarbonisation or reducing environmental impacts is a near-term priority · 35% of smaller businesses state cost as a barrier for reducing carbon emissions · 11% of UK smaller businesses – equivalent to around 700,000 businesses – have accessed external finance to support net zero actions, and 22% say they are... more
Vanquis Launches New Personal Loan Range
- 3 years 10 months ago
- Lending, Personal Finance, Banking
Vanquis Bank, part of the Provident Financial Group (PFG), has today announced it’s expanding its product offering by introducing a range of new personal loans. This significant step demonstrates their strategic vision to be a digital first customer led bank, offering a range of tailored financial products for consumers whose needs aren’t well met by high street banks.
Leading Global Experts to Participate in International Artificial Intelligence Conference AI Journey
- 3 years 10 months ago
- Artificial Intelligence, Banking, Data
Artificial Intelligence Journey 2021, an international online conference on artificial intelligence and data science, will welcome the world’s leading AI experts as speakers. A key event of Russia’s Year of Science and Technology, the three-day event will be held on November 10–12, 2021.
Liberty Bank Selects Glia for Digital Customer Service
- 3 years 10 months ago
- Banking
$7 billion banks modernizes customer service with Glia to support digital transformation
Ilya Kretov to lead Tinkoff E-commerce
- 3 years 10 months ago
- E-Commerce, Banking
Ilya Kretov has joined the Tinkoff team as Director of E-commerce. In this role, he will lead the new business line of Tinkoff E-commerce, an ecosystem of services for online businesses that operates within the scope of Tinkoff Business.
Drawbridge Names Thomas Fallucco Chief Revenue Officer
- 3 years 10 months ago
- Investment, Alternative Finance, Cybersecurity
Senior Business Development Professional Joins Drawbridge to Drive Continued Global Growth Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced the appointment of Thomas Fallucco as Chief Revenue Officer (CRO). Fallucco will be responsible for driving continued growth while expanding a global footprint through international business and enhancing client relationships and... more
Swedish Fintech Dreams Appoints Stefan Krafft as New VP of B2B Marketing to Boost Next Phase of International Expansion
- 3 years 10 months ago
- Payments, Banking, People Moves
Dreams (www.getdreams.com), the financial wellbeing platform and leader in engagement banking solutions, today announces the appointment of Stefan Krafft as its new VP of B2B Marketing, to further drive the company’s B2B customer acquisition strategy and help facilitate partnerships with some of the world’s largest financial institutions.
Luminor Bank Extends Partnership With Ondato to Enable Remote Opening of Business Accounts in Latvia
- 3 years 10 months ago
- Banking, Compliance
Luminor Bank, the third-largest bank in the Baltic region, and Ondato, the leading provider of compliance as a service, are partnering to allow companies the opening of Luminor business accounts remotely in Latvia.
Westerra Credit Union Partners with Backbase to Offer Cutting Edge Technology and Transform Members’ Digital Experience
New partnership with Backbase will allow Westerra Credit Union to scale digitally with increased flexibility and speed
GBB Goes Live on nCino to Enhance and Streamline Banking Workflow
Challenger bank utilising the nCino Bank Operating System® to bring easier access to funding to SME property developers nCino, Inc. a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that ‘champion for the North’ challenger bank GBB is live on the nCino Bank Operating System®.
Nubank’s first profitable H1 in Brazil vindicates its scale-first approach
- 3 years 10 months ago
- Banking
Nubank revealed that it turned its first-ever half-year profit in Brazil, its home market and its biggest one, per Reuters. The neobank reported H1 2021 net income of BRL$76 million ($14.7 million), a year-over-year (YoY) surge from its H1 2020 loss of BRL$95 million ($18.4 million). (The update doesn’t include performance data for the company’s other markets, Mexico and Colombia.)
Zopa Raises $300 Million Led by Softbank Vision Fund 2 to Build the UK’s Best Bank for Lending and Savings
- 3 years 10 months ago
- Digital banking, Fundraising News, Banking
· Launched in June 2020, Zopa bank is one of the UK’s newest digital banks, built on its unique legacy as the world’s first Peer-to-Peer lender · It meets customer needs by focusing on how they borrow and save, the two things with the most impact on consumer finances · Latest financing is a clear validation of Zopa’s sustainable lending model and of its strong unit economics
Rosbank, Part of the Societe General Group, and Diasoft Named Finalists of the Global Banking Tech Awards 2021
- 3 years 10 months ago
- Banking, IT Innovations
The joint project of Rosbank, part of the Societe General Group, and Diasoft has been named finalist of the global Banking Tech Awards 2021 in the category “Best Use of IT for Lending”. The large-scale IT transformation project “Core Engine for Loans and Deposits” (CELD) based on Diasoft’s digital solutions allowed the bank to fully move its corporate lending business processes into the digital environment.
Chip closes the biggest equity crowdfund of the year; raises £11.5m from 12K investors
- 3 years 10 months ago
- Fundraising News, Banking
Chip, the digital savings account, has raised a total of £11.5 million from 12,954 investors, making it the biggest equity crowdfund of the year as well as the biggest equity crowdfund held on Crowdcube of all time. As part of the record-breaking round, Chip raised £1 million in under 10 minutes and hit £8.6+ million in under 48 hours. Off the back of the crowdfund, the company added 6,500 new investors, growing its shareholder community to over... more
