Stamp Duty Holiday Ending - House Prices
- 5 years 2 months ago
- Banking
Francesca Carlesi, Co-founder and CEO of Molo Finance “The stamp duty extension back in March was a responsible move by the Government. Not only did it allow many house-buyers to breathe a sigh of relief, but it also enabled market resilience and contributed to growing the UK economy. However, now that the stamp duty holiday has come to an end, initial signs are mixed, with price drops and price rises both being reported.
A New Golden Era in Money: Revolutionary new banking platform with Money Designed to Protect and Benefit the Customer, not the Bank
- 5 years 2 months ago
- Payments, Cryptocurrencies, Banking
· Tally® is disrupting the monopoly of government-issued debt-based (fiat) currency in bank accounts. · World’s first to issue customer accounts with individual IBANs (International Bank Account Number) using non-fiat money. · Tally is a private sector designed ‘foreign currency’ anchored by physical gold and used globally with no transaction charges and no added foreign exchange (FX) margins anywhere in the world.
92% of Brokers Feel Positive about Their Prospects Over the Next Year
- 5 years 2 months ago
- Banking
This was an increase from 87% at the end of 2020, according to Masthaven’s latest Broker Beat research 88% are ‘confident’ or ‘very confident’ about the prospects for the market as a whole Over three quarters (77%) of brokers expect their sales and revenue to increase this year
North-south Divide Exacerbated by Covid-19
- 5 years 2 months ago
- Covid-19, Banking, Alternative Finance
56% of SME leaders believe UK regions are unequal 44% say economic inequality has worsened as a result of Covid-19 Nearly a third (32%) believe the location of their business has negatively impacted their ability to access financial support during Covid-19
TrueLayer Accelerates Global Expansion with Dedicated Australian Product and Engineering Team
- 5 years 2 months ago
- Open Banking, Banking
Tilen Chetty and Dan Gaskin join TrueLayer in Australia to accelerate product development and enable TrueLayer’s clients to go to market with open banking using the Consumer Data Right (CDR) Sydney, Australia. TrueLayer, the global open banking platform, today announced two expert technical hires in Australia as part of its continued expansion in the APAC region.
Importance of Mobile Banking App in Banking Operations
- 5 years 2 months ago
- Banking
According to a popular news website there has been more than 35% surge in all over the world when we talk about mobile banking users and their services by the bank’s customers.
Sber to Present its AI Solutions at ICML
- 5 years 2 months ago
- Artificial Intelligence, Banking
The thirty-eighth International Conference on Machine Learning (ICML) scheduled for July 18–24 will see Sber, a gold partner of the event, present the artificial intelligence solutions designed by the bank and its partners. All ICML participants have access to Sber’s virtual page where video presentations will be uploaded in the following tracks:
Tink Appoints Rowan Taylor as Chief Revenue Officer
- 5 years 2 months ago
- Open Banking, Banking, People Moves
Open banking platform Tink has appointed Rowan Taylor as its Chief Revenue Officer (CRO). London-based Rowan joins Tink from AWS, where he spent more than five years leading global financial services sales teams. His 26 years’ experience in banking technology also includes roles at Gartner, KPMG and Accenture. In the newly created role of CRO, Rowan will be responsible for driving integration between all revenue related functions at Tink,... more
MPowered Mortgages Joins the Brilliant Solutions Lender Panel
- 5 years 2 months ago
- Banking
Brilliant Solutions has added MPowered Mortgages to its lender panel. MPowered Mortgages, brought to you by MQube, offers lending for buy-to-let individual, limited company and portfolio landlords. As a result of the partnership, Brilliant Solutions’ members will have access to the MPowered mortgage products.
Double Shortlisting for Banking Circle in Emerging Payments Awards
Innovative Payments Bank named as a finalist in two categories www.bankingcircle.com
Temenos Supercharges Digital Banking with Micro Apps Delivering Hyper-Personalized Customer Experiences Faster
- 5 years 2 months ago
- Artificial Intelligence, Transaction Banking, Banking
• With Temenos Infinity Micro Apps, banks can gain market traction by delivering seamless experiences at speed and ease and dramatically improving time to value • With microapps, Temenos Infinity enables banks to offer human digital banking experiences tailored to specific customer needs and market segments
Diasoft Supported Rosbank, Part of the Societe Generale Group
- 5 years 2 months ago
- Banking
Earlier this year, Rosbank completed a merger with Rusfinance Bank, one of the leaders of the Russian car loan market. The reorganization resulted in the establishment of a new branch – Rosbank Auto – providing a full range of auto lending services, leasing products, car trading and long-term car rental together with traditional banking products. Diasoft ensured integration of the new branch with the bank’s head office and other branches and... more
Singapore and French Central Banks Test Cross-border CBDC Exchange
- 5 years 2 months ago
- Banking
Ralf Ohlhausen Executive Advisor, at PPRO:
Bank of England Report Warns of ‘Substantial’ SME Debt Vulnerablity
- 5 years 2 months ago
- Banking
The Bank of England’s latest Financial Stability Report, released this week, points to the particular vulnerability of the SME sector as the economy emerges from COVID-19 restrictions. The twice-yearly reports, compiled by the Bank’s Financial Policy Committee, sounded a warning about increased corporate indebtedness, in particular amongst smaller firms with weaker balance sheets. SUMMARY
CBA Helps Banks Prepare Early for Significant SWIFT Trade Finance Changes
New structured message formats for exchanging information around Guarantees and Standby Letters of Credit are crucial in supporting the digitalization of trade finance
