Allica Bank Enlists ClearBank to Boost Business Banking for UK SMEs
- 3 years 3 months ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced its partnership with Allica Bank, the fintech challenger bank dedicated to supporting established UK small and medium businesses.
European Banks at the Forefront of Climate Innovation Race Must Maximise This Commercial Advantage
- 3 years 3 months ago
- Banking
While some may see ESG as a tick-box exercise, Cogo has found carbon footprint tracker users to be more satisfied with their bank. Many European banks have woken up to this faster than counterparts in other markets around the world by innovating to use data and technology to help customers manage and reduce their impact while also giving them a commercial advantage.
Young Brits Lead Europe in Shunning Bricks and Mortar Banking for Digital
- 3 years 3 months ago
- Banking
Young Brits are significantly more likely than others in Europe to prioritise digital over physical in-person services when choosing a bank or lender, new research has found. The findings – commissioned by CRIF, Europe’s leading provider of digital transformation for financial services – found only one in five (21%) of those aged 18-34 in the UK would now choose a bank based on it having a nearby branch.
Banking for a Greener Future – Tandem Bank Reports Transformational Year in 2022
- 3 years 3 months ago
- Banking
Tandem Bank is further cementing its position as one of the nation’s go-to banks for those looking to save, borrow and spend a little bit greener, as it reports its business performance for 2022. With a transformational year, the bank has surpassed a number of financial milestones: • Underlying operating profit of £4.5m – breaking into underlying profitability for the first time in bank’s history
Agent IQ Secures Capital from Texas-Based Bankers Helping Bankers Fund
- 3 years 3 months ago
- Banking
Agent IQ, a provider of digital customer engagement solutions specializing in making financial services more personal again, announced today the strategic investment from the Bankers Helping Bankers Fund (BHB Fund), a community bank-focused fintech venture capital fund managed by Latitude38 Venture Partners, in partnership with IBAT Services, Inc., a subsidiary of the Independent Bankers Association of Texas (IBAT) and FedFis, a leading banking... more
8th Edition Connected Banking Summit Southern Africa – Innovation & Excellence Awards 2023 Concludes with Resounding Success
- 3 years 3 months ago
- Banking
The banking, financial services, fintech, and tech fin sectors witnessed an extraordinary convergence of brilliance and innovation at the 8th Edition Connected Banking Summit Southern Africa – Innovation & Excellence Awards 2023. This prestigious event, held on 24th May 2023 at the Southern Sun Rosebank In Johannesburg, captivated the minds of industry leaders, inspiring and enlightening them with ground-breaking insights.
BNP Paribas and NatWest Go Live with CobaltFX’s ‘Dynamic Credit’ to Manage Credit Exposures for FX Trades on Interbank Trading Venues
- 3 years 3 months ago
- Banking
BNP Paribas and NatWest are now going live with ‘Dynamic Credit’ from CobaltFX, part of United Fintech, in efforts to simplify and streamline the allocation of credit for FX transactions between banks and improve access to liquidity. According to CobaltFX, the moves are indicative of an increasing trend of financial institutions wanting to optimise the disbursement of credit for FX trades and simultaneously improve market access and control.
Wise Platform Launches its First Partnership in Japan with GMO Aozora Net Bank, Ltd.
- 3 years 3 months ago
- Banking
Wise Platform, Wise’s infrastructure offering for banks and non-banks alike, has announced its first partnership in Japan with GMO Aozora Net Bank, Ltd, bringing fast, low-cost international payments to more than 80,000 corporate customers.
British Business Bank Agrees Initial £75M ENABLE Guarantee with Cynergy Bank
- 3 years 3 months ago
- Banking
The British Business Bank has agreed an initial £75m ENABLE Guarantee with Cynergy Bank. The guarantee will cover a portfolio of term loans secured, within the commercial real estate sector (e.g. hotels or care homes) and has the potential to be increased to £150m, resulting in up to £70m of additional lending capacity to small businesses.
Saxo Bank Reaches Historic Milestone, Surpassing More than USD 100 billion in Client Assets
- 3 years 4 months ago
- Banking
Saxo Bank announces a significant milestone as it surpasses USD 100 billion in client assets. This remarkable achievement underscores Saxo Bank's growth in the number of both clients and deposits, and solidifies its position as a leading financial provider amidst a challenging macro-economic environment.
New Report Reveals Untapped Youth Market for Banks and Credit Unions
- 3 years 4 months ago
- Banking
Today, Rego Payment Architectures, Inc.
MEBIS 2023 - Where the Banking Elite Convened to Deliberate on the Challenges and Opportunities of the Digital Age
- 3 years 4 months ago
- Banking
Featuring 70+ speakers to share their knowledge and expertise on the changing face of the banking sector though innovation and technology developments, the 14th Edition of the Middle East Banking Innovation Summit (MEBIS 2023) once again reinforced itself as being the leading banking technology event in the Middle East region bringing together the shining minds of the industry!
Financial Inclusion Report for Improved Access for d/Deaf Community in Banking & Credit Industries Launched by the LSB
- 3 years 4 months ago
- Banking
A report launched today by the Lending Standards Board (LSB) drives financial inclusion for d/Deaf customers in the banking and credit industries.
Ghana International Bank Upgrades to Latest Version of Planixs’ Real-Time Treasury Software for Increased Liquidity Management Capabilities
- 3 years 4 months ago
- Banking
Planixs customer, Ghana International Bank, has upgraded to the latest software version of Realiti®, the company’s real-time intraday cash, collateral and liquidity management solution which will provide the bank with enriched functionality to manage its cash and liquidity.
P2P Returns are Most Affected by Bank Deposits
- 3 years 4 months ago
- Banking
Deposits have the greatest impact on the profitability of P2P lending. At the same time, the market reacts most quickly to the dynamics of high-risk investments. Analysts of the Robocash platform studied 6 investment assets to find a correlation between their returns and the P2P market dynamics. The specialists evaluated the behaviour of assets through the Granger test*.
