NatWest Completes Market’s First SONIA Loan for National Express
- 5 years 12 months ago
- Banking
Following the announcement on 17 June that NatWest is to offer the market’s first SONIA (Sterling Overnight Index Average) loans, the bank has today announced it has delivered the first SONIA loan for its corporate customer, National Express Group PLC.
Banks Re-Think Approach as Small and Medium Size Businesses Continue to Power UK Economy
- 6 years 21 hours ago
- Banking
GDP grows by 0.5 per cent in the first quarter of 2019, according to the Office for National Statistics quarterly national accounts out today. The largest contributors to this increase are the 5.7 million small businesses in the UK today – making up 99 per cent of businesses in the UK economy. SMEs continue to be the main driving force behind employment and innovation – providing 16.3 million jobs in 2018 alone, 60 per cent of all private sector... more
Broadway Technology’s Tyler Moeller and Joshua Walsky named EY Entrepreneur Of The Year
- 6 years 2 days ago
- Banking, Audit and Reporting
Ernst & Young LLP (EY) has named CEO Tyler Moeller and CTO Joshua Walsky of Broadway Technology, a leader in high-performance front office fintech solutions, Entrepreneur Of The Year® 2019 in the financial technology category in New York.
Mambu and Salt Edge Collaborate to Help Banks Become PSD2 Compliant
Mambu and Salt Edge have announced a collaboration that will help more financial institutions become PSD2 compliant. The aim is to enable innovation in the banking industry and bring open banking one step closer to end-customers.
ONPEX Enables Moorwand to Meet Demand for Additional Financial Services
ONPEX, a leading provider of multi-currency IBAN accounts, has partnered with the international payments company and BIN sponsor Moorwand, to expand its banking capabilities through next-generation IBAN solutions.
Token and Icefire were chosen by TBB for PSD2 compliance
- 6 years 3 days ago
- Open Banking, Banking
Turnkey open banking platform provider, Token.io, today announces it has been chosen by Tallinn Business Bank (TBB) to deliver PSD2 compliance in partnership with technology provider Icefire. TBB is the oldest commercial bank operating in Estonia. Icefire is integrating Token PSD2TM into the bank’s infrastructure to establish compliance with the Second Payment Services Directive (PSD2) before the September 14thdeadline.
Commerzbank Plans to Issue Additional Tier 1 Bond
- 6 years 4 days ago
- Banking
The Board of Managing Directors of Commerzbank AG has decided to issue a subordinated bond. The bond meets the criteria set out in the Capital Requirements Regulation (CRR) for additional tier 1 capital (AT 1). Subject to the approval of the Supervisory Board, the bond will be issued with an exclusion of the subscription right of the shareholders. The issue serves to further strengthen and structurally optimise the Bank’s regulatory capital.
Julius Baer Chooses ALPIMA
- 6 years 4 days ago
- Banking
Julius Baer, the leading Swiss private banking group, chooses ALPIMA for rule-based portfolio derivation and visualisation within its Investment Management business. Offered as an enhanced version of its cloud-based enterprise service, the ALPIMA platform will be delivered on a white-label basis and customised specifically to meet Julius Baer’s exact requirements.
Banco Agrícola allows the online opening of the "Cuenta Fácil" bank account with Mobbscan
Banco Agrícola, leader in El Salvador, which after the acquisition in 2007 by Grupo Bancolombia becomes a benchmark bank in most of Central America and Latin America, in a firm commitment to innovation and customers' services improvement and as part of its digitalization strategy, recently launched "Cuenta Fácil", the first 100% digital product that allows the complete opening of a bank account in a non-presential way through their App Banca... more
Helene Jepson appointed Chief Compliance Officer at Nordea
- 6 years 4 days ago
- Banking, People Moves
Helene Jepson has been appointed Chief Compliance Officer and Head of Group Compliance. She will report to Chief Risk Officer, Head of Risk & Compliance Matthew Elderfield. She will join Nordea by 1 September 2019.
SunTec Xelerate elevates customer experience with MSB
- 6 years 5 days ago
- Management, Banking
SunTec, the leader in revenue management, relationship-based pricing, billing, and customer experience orchestration, announced the successful rollout of Customer Centricity System, powered by SunTec Xelerate®, at MSB (formerly known as Maritime Bank), Vietnam. This implementation will further empower MSB with additional capabilities to innovate, offer and effectively manage customer centric products & services for each target segment as... more
Trade Ledger Launches New Cloud Technology for Invoice Finance Providers
- 6 years 1 week ago
- Digital Identity, Banking
Trade Ledger, the world’s first open banking business lending platform has launched a new turn-key Automated Invoice Finance Platform for banks and alternative finance providers looking to deliver faster and more flexible working capital solutions to their business customers. Launched to coincide with the commercial finance sector’s key event, the NACFB Expo, the solution is designed to help financial institutions adopt state-of-the-art... more
Finastra Recognized as a Global Fintech Leader for Second Year Running
- 6 years 1 week ago
- Banking
Finastra has been named a global power seller in banking platform deals for the second year running. The research, "Don’t Select Banking Software Without Understanding The State Of The Banking Platform Market, by Forrester’s, Jost Hoppermann,” celebrates 104 new name deals for Finastra for last year, and 273 extended business deals. Separately, the firm has topped the IBS Intelligence Sales League Table as the overall global leader two years in... more
Wolters Kluwer Wins Risk Magazine’s Prestigious Regulatory Reporting Award
- 6 years 1 week ago
- Banking
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has won a major award from Risk magazine. For the second year running its OneSumX for Regulatory Reporting solution has been named Regulatory Reporting System of the Year in the publication’s annual Technology Awards which celebrate excellence and innovation.
NatWest Launches New Digital Account Opening Journey Powered by HooYu
- 6 years 1 week ago
- Banking
NatWest is the first high street bank to enable customers to open an account in minutes using a selfie and photo ID to verify who they are. Using state of the art AI, real-time biometric checks confirm their selfie matches the image in their photographic ID and ID documents are authenticated preventing fraudulent applications and removing the need to provide ID documents either by post or in branch. Frans Woelders, Chief Digital Officer at... more
