Huckletree Announces Three Major Corporate Firms as Sustainability Partners in a Bid to Build a Better Ecosystem
- 3 years 11 months ago
- Banking
Creative workspace and accelerator Huckletree today announces international law firm CMS to join as their first sustainability programme partner alongside Silicon Valley Bank, and A/O Proptech - Europe’s largest proptech VC firm.
Consumers Credit Union Announces Board Election Results
- 3 years 11 months ago
- Banking
Consumers Credit Union (CCU; $2.6 Billion, Gurnee, IL) recently held its 91st Annual Meeting at Great Wolf Lodge in Gurnee, adhering to COVID guidelines for gatherings. Members and guests in attendance received a comprehensive update from CEO, Sean M. Rathjen, on the member-owned credit union’s performance, which included the 2020 Annual Report and an overview of Consumers Credit Union’s future plans.
Planixs Further Strengthens European Presence with New Frankfurt Office
Planixs, the leading provider of real-time cash, collateral and liquidity management solutions to banking firms, has announced today it is further strengthening its presence in Europe with a new office in Frankfurt, Germany - allowing the firm to better serve its existing European customers and develop new opportunities in the region. Based in the heart of Frankfurt’s Financial District, the new premises will provide Planixs will a permanent... more
New API-Based Payments Gateway from Crown Agents Bank Gives Access to 70+ Currencies in Emerging Markets
Crown Agents Bank today announces the availability of EMpower Payments. The latest addition to the EMpower suite of FX and cross-border payment products, EMpower Payments is Crown Agents Bank’s automated gateway for cross-border transactions into emerging markets.
Commerzbank and Google Cloud Strengthen Partnership
- 3 years 11 months ago
- Banking
Google Cloud and Commerzbank, a leading German commercial bank with a strong international focus, announced today that they are expanding their collaboration by entering into a five-year, strategic partnership. With the help of Google Cloud, Commerzbank will move a significant number of its banking applications to the cloud, a continuation of a comprehensive digital transformation strategy underway since 2017.
Railsbank and Paceline Collaborate on First-ever Health and Wellness Credit Card
- 3 years 11 months ago
- Banking
Railsbank, a leading global Banking-as-a-Service (BaaS) and Credit Card-as-a-Service (CCaaS) platform, and
Allica Bank Boosts Asset Finance Division With Appointment of Four New Relationship Managers
- 3 years 11 months ago
- Banking
Allica Bank has made four appointments to its award-winning Business Relationship Manager team to further strengthen its operational capacity in commercial property finance and asset finance lending. All four will be focused on developing Allica Bank’s broker distribution channel.
Commerzbank Postpones Annual General Meeting
- 3 years 11 months ago
- Banking
The Board of Managing Directors of Commerzbank AG has decided to postpone the Annual General Meeting (AGM) originally planned for 5 May 2021. The postponement is due to the ongoing restaffing on the Supervisory Board. The company aims to hold the AGM in short term and publish the necessary election proposals with the invitation.
Creditinfo Group Becomes Majority Shareholder of Kredītinformācijas Birojs (KIB)
- 3 years 11 months ago
- Banking
Today, Creditinfo Group – the leading global credit information and decision analytics provider – announced that is has increased its stake in JSC “Kredītinformācijas Birojs” (KIB) to 51%, becoming the majority shareholder. Earlier this month, the US private equity fund Levine Leichtman Capital Partners (LLCP) became the majority shareholder of Creditinfo Group. As the result of that transaction, the share capital of the KIB joint stock... more
Future Fund Approves £1.2 Billion of Convertible Loan Agreements
- 3 years 11 months ago
- Fundraising News, Banking
Today the British Business Bank publishes Future Fund data that gives a detailed picture of the 1,236 companies that have been approved for £1.20bn (£1,203.7m) worth of Convertible Loan Agreements since the scheme was launched on 20 May. There have been 1,846 applications in total since the scheme was launched and the scheme closed to new applications on 31 January 2021.
British Business Bank Support Schemes Delivers Over £75Bn of Loans to 1.6M Smaller Businesses
- 3 years 11 months ago
- Banking
Today the government published new statistics that show businesses across the UK have to date benefitted from 1,630,155 government-guaranteed loans worth £75.1bn to support their cashflow during the crisis through schemes delivered by the British Business Bank.
Curve and Equifax UK partner to deliver consumer credit solution to Curve Credit
Equifax UK, the business and consumer insights expert, has signed an exclusive agreement with UK consumer fintech and payment card app Curve to deliver comprehensive verification and ID solutions to its new personal finance product, Curve Credit. Powered by Open Banking, Curve Credit allows consumers to ‘Go Back in Time’ and pay later via instalments on transactions made with their Curve card.
Fineco Adds Ninety One Funds to Investing Platform
- 3 years 11 months ago
- Investment, Banking
FinecoBank announces today that funds from global investment manager, Ninety One are now available on its investing platform. Fineco’s growing customer base in the United Kingdom can now access a selection of Ninety One’s distinctive active investment strategies including the sustainability focused Global Environment Fund which invests in companies that are driving decarbonisation.
Meniga Closes a €10M Investment Round Led by Velocity Capital and Frumtak Ventures to Meet Global Demand for New Green Banking Products
- 3 years 11 months ago
- Fundraising News, Banking
Meniga (www.meniga.com), a leading provider of digital banking solutions for some of the world’s largest financial institutions, has closed a €10m strategic investment round led by institutional investors, Velocity Capital Fintech Ventures, and Frumtak Ventures. Other participants in the round include Industrifonden, the UK Government’s Future Fund, and existing customers UniCredit, Swedbank, Groupe BPCE, and Íslandsbanki.
Banking Circle enhances frictionless cross border payments with purpose-built, cloud-based payments platform
Banking Circle, the financial infrastructure provider, today announces that it is now completely cloud-based, with all aspects of its infrastructure hosted within Microsoft Azure. This includes its purpose built, cloud-first, cross border payments platform, which delivers greater speed, enhanced functionality, and a more intuitive user experience to its clients.
