Small and Medium-sized Consultancies Say Offering Specialist Consulting Services Can Stymy Growth, But Remains Key to Long-term Success
- 11 months 2 hours ago
- Alternative Finance
Offering a specialist consulting service can hinder short-term growth at consulting firms throughout the UK, but providing specialist expertise remains crucial to their long-term competitive advantage, according to new research published today.
HeavyFinance Partners with Agricarbon for Major European Climate Project
- 11 months 1 day ago
- Alternative Finance
HeavyFinance, a European climate tech investment marketplace, has partnered with automated soil carbon measurement company, Agricarbon, for a European climate project to measure carbon impact.
paybox Bank Embarks on Ambitious Growth Plan Supported by Avaloq’s Core Banking Platform
- 11 months 1 day ago
- Core Banking
Vienna-based paybox Bank, a subsidiary of A1 Telekom Austria, is migrating its operations to the Avaloq Core Platform to drive the expansion of its business and to create a comprehensive suite of banking services. With this agreement, paybox Bank has the flexibility to expand into any business area as a licensed online bank, with the ability to efficiently scale as its client base continues to grow.
Castle Trust Bank Renews Contract and Transitions to the Latest Phoebus Core Banking Servicing Platform
- 11 months 1 day ago
- Core Banking
Castle Trust Bank has renewed its contract with Phoebus for another five years and will be transitioning to the software provider’s latest core banking servicing platform. The two firms have worked together since 2016 when Castle Trust migrated its entire mortgage book of loans onto a bespoke Phoebus system.
European Banks at the Forefront of Climate Innovation Race Must Maximise This Commercial Advantage
- 11 months 2 days 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
- 11 months 2 days 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
- 11 months 6 days 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
SME Finance Brings Alternative Financing Solutions to Dutch Market
- 11 months 6 days ago
- Alternative Finance
SME Finance, the fintech reinventing growth financing for small- and medium-sized enterprises, announces today its expansion into the Netherlands. By catering directly to the Dutch market, this expansion not only marks a major step forward in SME Finance’s broader availability throughout Europe but will drive growth and improve financing access in the country.
Agent IQ Secures Capital from Texas-Based Bankers Helping Bankers Fund
- 11 months 6 days 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
- 11 months 6 days 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
- 11 months 1 week 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.
Mastercard and Fabrick Sign Strategic Partnership to Speed Up Embedded Finance
- 11 months 1 week ago
- Alternative Finance
Today, Mastercard and Open Finance sector pioneer Fabrick announced an expanded new partnership to develop Embedded Finance solutions that will improve the digitalization of businesses, financial institutions and fintechs across Europe. Today’s announcement builds on the ongoing relationship between the two companies who have been working together since 2019 to promote innovation on the development of digital financial services for the... more
Wise Platform Launches its First Partnership in Japan with GMO Aozora Net Bank, Ltd.
- 11 months 1 week 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.
AlHuda CIBE is Devoted for the Development of Islamic Finance in Zambia
- 11 months 1 week ago
- Islamic Finance
Zambia the south-Central African Country is ready to embrace the concept of Islamic Finance. Islamic Finance Industry potential is increasing day-by-day not only in Muslim-dominated markets, although in non-Muslim markets. It is a positive gesture towards the growth of Islamic finance industry in Africa. The Market Penetration for Islamic Finance is more in East and West Africa, then in Central Africa. In south part of Africa South Africa was... more
British Business Bank Agrees Initial £75M ENABLE Guarantee with Cynergy Bank
- 11 months 1 week 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.
