British Business Bank Agrees Initial £175M ENABLE Guarantee with Specialist Commercial Lender DF Capital
- 2 years 5 months ago
- Banking
The British Business Bank has agreed an initial £175m ENABLE Guarantee with specialist commercial lending bank, DF Capital. The Guarantee will enable Manchester-based DF Capital to provide up to £225m of additional inventory finance annually through its commercial floorplan and unit stocking solutions for UK SME dealer and manufacturing businesses.
JCB Launches Integrated #BetterWithOmotenashi Campaign to Drive Brand Awareness Across Europe
- 2 years 5 months ago
- Banking
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., today launched a new European-focused brand marketing campaign, dubbed #BetterWithOmotenashi. The eye-catching campaign visuals highlight the company’s distinct proposition, Japanese heritage, and its focus on being a valuable service-led brand, dedicated to providing customer excellence. Developed in collaboration with the global B2B marketing and branding... more
10th African Islamic Finance Summit will be Hosted in the Smiling Coast of West Africa, the Gambia
- 2 years 5 months ago
- Islamic Finance
10th African Islamic Finance Summit (AIFS) will be held in The Sir Dawda Kairaba Jawara International Conference Center, The Gambia on 22nd February 2022 with two-days post event workshop. The main objective of this event is to designate the significance of Islamic finance, its sustainability, impact on economy and society and opportunities for Africa. West Africa is the emerging market for Islamic Banking and Finance, Anglophone countries... more
Jack Henry Expands Credit Card Offering with Agent Program Provided by TIB, N.A. (The Independent BankersBank)
- 2 years 5 months ago
- Banking
Jack Henry™ announced today that it is expanding its credit card offering with the Agent Credit Card Program provided by TIB, N.A. (The Independent BankersBank). Texas-based TIB has more than $3 billion in assets and is the nation’s largest bankers’ bank, based on both total assets and number of clients, currently supporting approximately 1,400 community banks.
FNZ Successfully Completes Acquisition of Fondsdepot Bank
- 2 years 5 months ago
- Banking
FNZ, the global wealth management platform, is pleased to announce the acquisition of Fondsdepot Bank, one of the leading independent platforms for trading and custody in Germany. The acquisition represents a further investment by FNZ in the German market and will bring together the complementary strengths of investment platform ebase, specialist wealth tech provider DIAMOS and Fondsdepot Bank.
Over a Quarter (27%) of SMEs are Considering Switching to a Challenger Bank in 2023
- 2 years 5 months ago
- Online Banking
Fifty-one per cent of small to medium-sized enterprises (SMEs) are considering switching their main bank or banking facilities provider in 2023, according to Smart Money People, the UK’s dedicated financial services review site.
Checkout Finance Platform Divido Reports 50% Growth and 2023 Strategy to Support Retailers and Lenders Through Economic Headwinds
- 2 years 5 months ago
- Alternative Finance
Divido, the checkout finance platform, has reported 50% growth over the last year, and stated its aim to make 2023 the year checkout experience and payments become a long-term driver of growth for retailers and lenders.
How FinTech is Working for End-to-end Banking Solutions?
- 2 years 5 months ago
- Banking
FinTech is a rapidly developing industry that has redefined the collaboration between financial services as well as the latest technologies. Banks that are currently employing FinTech for their long-term prospects are capable of witnessing development success and increased competitiveness across every area.
Intellias Builds Innovative Fintech Platform to Help FinCompare Bridge the Gap Between SMEs and Banks
- 2 years 5 months ago
- Alternative Finance
Intellias, a global technology partner to Fortune 500 enterprises, has announced its role in supporting Germany-based FinCompare, a financing platform for SMEs, with its full-cycle development of the Software-as-a-Service market network and subsequent financing from Volksbanken Berlin.
Tide Appoints Chief Product Officer
- 2 years 5 months ago
- Banking
Tide, the UK’s leading business banking platform, has today announced the appointment of Vinay Ramani to the new role of Chief Product Officer. Vinay will drive Tide’s vision for its global product strategy, broaden Tide’s small business-focused offering in the UK and India, and progress Tide’s members’ experience as it internationalises.
Networking Opportunities with MultiBank Group - iFX EXPO Dubai 2023
- 2 years 5 months ago
- Banking
MultiBank Group, the largest and most regulated financial derivatives broker, is attending iFX EXPO Dubai 2023 on 17-18 January as Regional Sponsor. The 2-day expo is the largest financial B2B exhibition, bringing together professionals in online trading and fintech across Europe, Asia and the Middle East. The exhibition will be held at Za’abeel Hall 6, Dubai World Trade Centre.
Fintech Trends in 2023: Banking, Payments, Blockchain, RegTech and More
- 2 years 6 months ago
- Artificial Intelligence, Blockchain, RegTech, Payments, Banking, Security
In recent years, fintech has been on the rise, and with the growing need for digital solutions to handle financial services, this trend is projected to continue through 2023. The increase in demand for digital solutions to manage financial services As a consequence of this, it is anticipated that the entire size of the worldwide fintech market would reach a total of $305 billion by the year 2023.
51% of European Businesses Believe Banking-as-a-Service will Make Traditional Banking Obsolete
- 2 years 6 months ago
- Banking
Over half of European business leaders expect Banking-as-a-Service (BaaS) to make traditional banking obsolete, according to new research from Vodeno/Aion. The BaaS provider commissioned an independent study among more than 1,000 senior decision-makers within businesses based in the UK, Belgium and the Netherlands. Its report – Banking-as-a-Service 2.0 – Why Embedded Finance will make its mark in 2023 – reveals that 51% believe BaaS will spell... more
AlHuda CIBE Successfully Organized Training on Islamic Microfinance
- 2 years 6 months ago
- Islamic Finance
The One Day Specialized Training Workshop on Basics of Islamic Microfinance organized by AlHuda Centre of Islamic Banking and Economics was successfully concluded at Grand Millennium Hotel, Lahore on December 21, 2022. The purpose of the training was to promote and strengthen the knowledge of Islamic Microfinance organizations.
Northteq's Innovative Technology at the Core of FinWise Bank’s Equipment Finance Expansion
- 2 years 6 months ago
- Alternative Finance
Northteq, Inc., a leading provider of Salesforce loan origination solutions, along with FinWise Bank (FinWise), a subsidiary of FinWise Bancorp, announced today the successful integration and launch of Northteq’s Aurora Loan Origination System (LOS) to support FinWise’s nationwide expansion into the equipment finance industry.
