BACB Announces Exceptional Results and CEO Succession
- 2 years 9 months ago
- Banking
British Arab Commercial Bank (BACB), the UK-regulated, specialist trade finance bank has announced that today the Board of BACB Plc approved the 2022 financial statements which confirm that the Bank has successfully navigated challenging market conditions and delivered exceptional overall results. This is testament to the extensive efforts over the past two years to reshape and reposition the Bank through its strategy of Safe, Sustainable,... more
African Islamic Finance Awards Distribution Ceremony will be Held in the Gambia
- 2 years 9 months ago
- Islamic Finance
African Islamic Finance Awards distribution ceremony will be held along with 10th African Islamic Finance Summit which is scheduled on 3rd May 2023 in Sir Dawda Kairaba Jawara International Conference Center, The Gambia with the Theme, lets encourage the African Islamic Banking and Takaful Industry. AlHuda Centre of Islamic Banking and Economics (CIBE) is organizing Africa Islamic Finance Awards. Africa is the world’s second-largest and most... more
BNP Paribas Extends Partnership with Worldline to Reduce SEPA Direct Debit Fraud
- 2 years 9 months ago
- Banking
BNP Paribas Cash Management has selected Worldline, a global leader in payments services, to reduce fraud in SEPA Direct Debit transactions. BNP Paribas has implemented Worldline’s solution, which combines the electronic signature of SEPA mandates with Open Banking-based account validation, in Germany, Italy and France, with additional countries to follow in a few months.
Gatehouse Bank Named UK’s Most Innovative and Best Islamic Bank
- 2 years 9 months ago
- Islamic Finance
Gatehouse Bank has been named the ‘Best Islamic Bank in the United Kingdom’ and the ‘Most Innovative Bank in the United Kingdom’. The Shariah-compliant challenger Bank was given the accolades by the international media group, Islamic Finance News (IFN), following a record number of votes in its most recent Best Banks Poll – Country, which honours outstanding Islamic banks in key financial markets.
8th Kickstart Innovation Program Launched with a Continued Focus On Sustainability and Circular Economy with Over 40 Public and Private Players in Switzerland
- 2 years 9 months ago
- Alternative Finance
“We have been a Global Partner of Kickstart since its founding in 2016. Together with our in-house experts, Kickstart defines relevant topics and looks for promising startups.
Lloyds Bank And Enigio Launch New Trade Digitisation Partnership
- 2 years 9 months ago
- Banking
Lloyds Bank and Enigio have launched a new long-term partnership to support greater use of digital documentation in trade finance through the use of blockchain technology.
Dubai Financial Services Authority and Brunei Darussalam Central Bank Sign MoU to Boost Cooperation in Financial Supervision
- 2 years 9 months ago
- Alternative Finance
The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with Brunei Darussalam Central Bank to boost information exchange and cooperation between the two authorities. The MoU was signed by representatives from the DFSA and Brunei Darussalam Central Bank on 4 April 2023.
Central Bank of UAE (CBUAE) Selects R3, G42 Cloud and Clifford Chance to Assist in Implementing its CBDC Strategy
- 2 years 9 months ago
- Banking
The Central Bank of the UAE (CBUAE) has launched its Central Bank Digital Currency (CBDC) Implementation Strategy in collaboration with R3, G42 Cloud and Clifford Chance. For Phase 1, R3 and G42 Cloud have been selected as the technology and infrastructure providers of the initiative respectively, while Clifford Chance will provide critical legal oversight for the strategy.
Allica Bank Ramps Up SME Support with Refreshed Credit Appetite
- 2 years 9 months ago
- Banking
Allica Bank has made significant changes to its commercial mortgage credit appetite with cuts to its stress-testing and Debt Service Cover Ratio (DCSR) requirements across all products, and an increase in its maximum Loan to Values (LTV) for prime owner-occupied commercial mortgages. It has also reduced the DSCR requirement for its asset finance product.
Key Environmental Trends To Look Out For Across The Fintech Industry
- 2 years 9 months ago
- Banking
There are a growing number of eco-minded customers being drawn to fintech services, as it is easier to measure the green credentials of newer players than those operating in traditional finance. This is according to virtual payment card provider Lanistar.
Allfunds Tech Solutions Announces New Partnership with UniCredit
- 2 years 10 months ago
- Banking
Allfunds Tech Solutions, the bespoke digital solutions arm of Allfunds specialising in harnessing the power of digital transformation for clients across the financial services industry, today announces a new partnership with UniCredit, the pan-European commercial bank.
8th Edition Connected Banking Summit Southern Africa-Formerly Africa Digital Banking Summit-Innovation and Excellence Awards
- 2 years 10 months ago
- Banking
The 8th Edition of the Connected Banking Summit Southern Africa is set to take place on May 24, 2023, in Johannesburg, South Africa, bringing together top executives, experts, and leaders from the banking and financial services industry.
HSBC’s UK CEO Ian Stuart Confirmed to Speak at Money20/20 Europe
- 2 years 10 months ago
- Banking
Money20/20, the world’s leading fintech show is announcing that HSBC UK Chief Executive Officer Ian Stuart is confirmed to speak at Money20/20 Europe in Amsterdam on June 6th at 1:15 pm on the Money20/20 Encore sta
Paymentology and Wio Bank PJSC Transform Banking Across the UAE
- 2 years 10 months ago
- Banking
Paymentology, the leading global issuer-processor, has joined forces with Wio Bank PJSC, the region’s first platform bank, to power its innovative banking model with customer-centric card payment services.
Saudi EXIM Bank Goes Live on Temenos Core Banking Platform
- 2 years 10 months ago
- Core Banking
Temenos today announced that Saudi Export-Import Bank (Saudi EXIM Bank) has implemented Temenos core banking platform, going live in just six months. Temenos enables Saudi EXIM Bank to drive operational and financial efficiency, making it faster and easier for businesses to access trade finance, promoting job creation and economic growth in the Kingdom of Saudi Arabia (KSA).
