Dubai Financial Services Authority and Brunei Darussalam Central Bank Sign MoU to Boost Cooperation in Financial Supervision
- 1 year 7 months ago
- Alternative Finance
The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with Brunei Darussalam Central Bank to boost information exchange and cooperation between the two authorities. The MoU was signed by representatives from the DFSA and Brunei Darussalam Central Bank on 4 April 2023.
Central Bank of UAE (CBUAE) Selects R3, G42 Cloud and Clifford Chance to Assist in Implementing its CBDC Strategy
- 1 year 7 months ago
- Banking
The Central Bank of the UAE (CBUAE) has launched its Central Bank Digital Currency (CBDC) Implementation Strategy in collaboration with R3, G42 Cloud and Clifford Chance. For Phase 1, R3 and G42 Cloud have been selected as the technology and infrastructure providers of the initiative respectively, while Clifford Chance will provide critical legal oversight for the strategy.
Allica Bank Ramps Up SME Support with Refreshed Credit Appetite
- 1 year 7 months ago
- Banking
Allica Bank has made significant changes to its commercial mortgage credit appetite with cuts to its stress-testing and Debt Service Cover Ratio (DCSR) requirements across all products, and an increase in its maximum Loan to Values (LTV) for prime owner-occupied commercial mortgages. It has also reduced the DSCR requirement for its asset finance product.
Key Environmental Trends To Look Out For Across The Fintech Industry
- 1 year 7 months ago
- Banking
There are a growing number of eco-minded customers being drawn to fintech services, as it is easier to measure the green credentials of newer players than those operating in traditional finance. This is according to virtual payment card provider Lanistar.
Allfunds Tech Solutions Announces New Partnership with UniCredit
- 1 year 8 months ago
- Banking
Allfunds Tech Solutions, the bespoke digital solutions arm of Allfunds specialising in harnessing the power of digital transformation for clients across the financial services industry, today announces a new partnership with UniCredit, the pan-European commercial bank.
8th Edition Connected Banking Summit Southern Africa-Formerly Africa Digital Banking Summit-Innovation and Excellence Awards
- 1 year 8 months ago
- Banking
The 8th Edition of the Connected Banking Summit Southern Africa is set to take place on May 24, 2023, in Johannesburg, South Africa, bringing together top executives, experts, and leaders from the banking and financial services industry.
HSBC’s UK CEO Ian Stuart Confirmed to Speak at Money20/20 Europe
- 1 year 8 months ago
- Banking
Money20/20, the world’s leading fintech show is announcing that HSBC UK Chief Executive Officer Ian Stuart is confirmed to speak at Money20/20 Europe in Amsterdam on June 6th at 1:15 pm on the Money20/20 Encore sta
Paymentology and Wio Bank PJSC Transform Banking Across the UAE
- 1 year 8 months ago
- Banking
Paymentology, the leading global issuer-processor, has joined forces with Wio Bank PJSC, the region’s first platform bank, to power its innovative banking model with customer-centric card payment services.
Saudi EXIM Bank Goes Live on Temenos Core Banking Platform
- 1 year 8 months ago
- Core Banking
Temenos today announced that Saudi Export-Import Bank (Saudi EXIM Bank) has implemented Temenos core banking platform, going live in just six months. Temenos enables Saudi EXIM Bank to drive operational and financial efficiency, making it faster and easier for businesses to access trade finance, promoting job creation and economic growth in the Kingdom of Saudi Arabia (KSA).
3rd CIS Islamic Banking and Finance Forum Successfully Concluded in Tashkent – Uzbekistan Under the Theme of CIS is the New Destination for Islamic Finance
- 1 year 8 months ago
- Islamic Finance
CIS Islamic Banking and Finance Forum was successfully concluded at Hyatt Regency, Tashkent, Uzbekistan. The aim of the forum was to discuss the potential of Islamic finance in CIS countries, financial inclusion through FinTech, Sukuk, Takaful and Islamic capital markets by gathering stakeholders under one roof. Distinguished Speakers and industry experts from well-serving organizations related to Islamic banking and finance, Islamic insurance (... more
Farmers and Merchants Bank Expands Collaboration with Jack Henry to Support the Future of Local Community Banking
- 1 year 8 months ago
- Core Banking
Jack Henry™ announced today that it is expanding its existing partnership with longtime client Farmers & Merchants Bank (F&M Bank), a $1.25-billion asset community bank based in Virginia. While larger financial institutions have left the area, F&M Bank is leveraging Jack Henry's modern technology architecture to serve the market in need with scale and efficiency.
Mahalo Banking Selected as Finalist in NACUSO’s Next Big Idea Competition for its Next-Generation Digital Banking Solution
- 1 year 8 months ago
- Banking
Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has been selected as one of five finalists in the National Association of Credit Union Service Organizations’ (NACUSO)
Gateshead Entrepreneur Looks to Expand Property Business After Securing Six-figure Finance Deal
- 1 year 8 months ago
- Banking
A Gateshead-based entrepreneur and property developer is looking to drive growth and diversify into the assisted-living space after securing a six-figure business funding deal with Reward Finance Group.
The Very Group Renews and Extends Embedded Marketplace Partnership with Freedom Finance
- 1 year 8 months ago
- Alternative Finance
The Very Group, the UK's largest integrated pureplay digital retailer and financial services provider, has extended its embedded marketplace partnership with Freedom Finance for a further three years, adding greater panel breadth to the service.
More Than a Third of Europeans Ready to Accept Finance Products from Transport Providers
- 1 year 8 months ago
- Alternative Finance
More than a third of European customers are eager to engage with financial services offered by transport providers – including airlines, car manufacturers, train companies, and car associations according to new research from Solaris.
