ReachX Closes its First Debt Transaction on its Deal Origination Platform with Lendable and Advance Global Capital
- 3 years 11 months ago
- Investment, Banking
ReachX, The Investment and Corporate Finance Marketplace looking to transform Investment banking, is pleased to announce the closing of its first Debt transaction on its Deal Origination Platform.
Cynergy Bank Lends Over £130m in Coronavirus Business Interruption Loan Scheme Loans
- 3 years 11 months ago
- Fundraising News, Banking
Cynergy Bank reached a significant milestone in February, lending over £130m to SMEs through the British Business Bank’s Coronavirus Business Interruption Loan Scheme (CBILS), with further facilities being submitted for approval, Cynergy Bank is expecting to further increase its lending to SMEs under the scheme. Delivered through British Business Bank accredited lenders, CBILS is designed to support the continued provision of finance to UK... more
Blockchain Market Size in Banking and Financial Institutions To Grow 15X To $22 Billion By 2026
- 3 years 11 months ago
- Blockchain, Cryptocurrencies, Banking
Data presented by cryptocurrency tradi
Meniga Partners with VISA to Accelerate its Expansion within APAC
- 3 years 11 months ago
- Banking
Meniga (www.meniga.com), the global leader in digital banking and personal finance solutions, has today announced a new partnership with Visa, the world’s largest retail payment network, to accelerate its expansion within the Asia Pacific region.
$1M Software Solution to Boost Onboarding Pass Rates By 40%
- 3 years 11 months ago
- Banking, FinTech StartUps
Sumsub, a startup that helps companies fight money laundering and online fraud, has invested over $1M in software development—aiming to deliver leading tech for over 1000 global clients. Its latest feature is “Prooface,” a refined liveness solution for ID verification and onboarding that is commonly used in digital banking industry.
NYMBUS Forms New CUSO Led by Credit Union Industry Visionary John Janclaes
- 3 years 11 months ago
- Banking, People Moves
NYMBUS®, a leading provider of banking technology solutions, today introduced a new Credit Union Service Organization (CUSO), Nymbus CUSO. Founded to help credit unions meet industry challenges, its mission is to break through barriers to growth by connecting credit unions with trusted fintech offerings that enable opportunities for generating new revenue streams while deepening connections and value to members.
Surecomp’s Cloud-Based Digital Trade Finance Solution Is Deployed by Banco Internacional in Ecuador
Surecomp®, the leading provider of global trade finance and treasury solutions for banks and corporates, today announced that Banco Internacional has chosen to enhance its end-to-end trade finance process by deploying Surecomp’s cloud-based Trade Finance as-a-Service (TFaaS).
Synechron and Unqork Partner to Accelerate Digital Initiatives for Insurance Services
- 3 years 11 months ago
- Banking
Synechron Inc., a leading digital transformation consulting firm focused exclusively on the financial services industry, today announced its new partnership with
Buy, Not Build: Open Banking Providers Unlock Growth Potential for Security Conscious Firms
- 3 years 11 months ago
- Banking
Despite nearly three million British consumers using open banking services and the recent news that HMRC has now adopted Open Banking payments, many businesses are holding back from implementing the technology due to concerns around the cost of storing and protecting customer data, seemingly unaware of the option to partner with established service providers that can deliver these services and lessen the associated data risks.
Fineco Offers Access to CANDRIAM Funds on Its Investing Platform
- 3 years 11 months ago
- Investment, Banking
FinecoBank today announces that funds from CANDRIAM are now available to Fineco customers via its investing platform. CANDRIAM is a global multi-asset manager focused on sustainable and responsible investment It offers diversified investment solutions in fixed income, innovative thematic equities, absolute performance strategies, asset allocation and alternatives including real estate and private credit.
Luxembourg’s Leading Bank, Spuerkeess, Selects Gresham Technologies’ Clareti Control Solution
- 3 years 11 months ago
- Banking
Gresham Technologies plc (Gresham), the leading software and services company that specialises in providing solutions for data integrity and control, banking integration, and payments and cash management, is pleased to announce a new Clareti contract win with Spuerkeess, the largest national financial institution in Luxembourg.
More Than Two-Thirds of UK Businesses Expect to Increase Their Presence in Africa post-Brexit
- 3 years 11 months ago
- Banking
New research from Crown Agents Bank has found that there is a strong appetite from UK companies to step up their presence in Africa, with 69% of those surveyed planning to expand their footprint in the continent following Brexit.
Accelerating SME Recovery to Unlock £140bn Boost to UK Economy
- 3 years 11 months ago
- Banking
As part of its commitment to remove barriers to enterprise and help the economy build back better and stronger NatWest has today published the findings of an industry wide review into the UK SME recovery, conducted in consultation with the British Chambers of Commerce (BCC), and the Federation of Small Businesses (FSB). UK SMEs face a big productivity and sustainability challenge. To better understand this NatWest conducted research with over 1,... more
Tide CEO: “the Big Banks Have Been Dragging Their Feet on Open Banking. Time to Incentivise Them to Speed Up.”
- 3 years 11 months ago
- Banking
CEO of Tide, the UK’s leading business financial platform[1], Oliver Prill, has today said that the “slow uptake of Open Banking” has meant missed opportunities for both customers and companies who might have created new products and services.
Santander Consumer Bank Ships Personal Finance Management App With Open Banking Platform Nordic API Gateway
- 3 years 11 months ago
- Banking
Nordic API Gateway announces that it has partnered with Santander Consumer Bank to deliver open banking capabilities for Santander's new consumer-focused money app, Prosper. The Prosper app is set to take advantage of open banking opportunities by using account aggregation and payment initiation to offer their 1.5 million customers, as well as non-customers, in the Nordics a fully digital service that aims to give the user a complete financial... more
