Tuum Appoints UK Sales Director and Opens London Office to Support Strong Market Growth
- 2 years 2 days ago
- Banking
Tuum, the next-generation core banking platform, has today announced the appointment of Giorgio Daher as UK Sales Director. The appointment is part of the company’s wider strategy to support strong demand for Tuum’s technology in the UK , including the opening of a new office in London.
UK Venture Capital Fund Performance Holds Up Despite Adverse Economic Headwinds, Finds Latest Research by the British Business Bank
- 2 years 2 days ago
- Banking
According to the British Business Bank’s latest report, UK Venture Capital Financial Returns 2022, UK VC funds with a 2008 to 2013 vintage have generated a pooled Total Value to Paid In Capital (TVPI) multiple of 2.20, which is 0.11 points higher than last year, demonstrating that UK VC fund valuations have so far been resilient to the adverse headwinds affecting global financial markets. Deterioration in exit opportunities and fundraising... more
Hamburg Commercial Bank Goes Live on nCino
- 2 years 2 days ago
- Banking
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Hamburg Commercial Bank (HCOB) is now live on the
Bank of the Philippine Islands (BPI) Partners with DT One to Launch International Mobile Load for Clients
- 2 years 2 days ago
- Banking
Bank of the Philippine Islands (BPI), the oldest bank in the Philippines and a pioneer in digital banking, has partnered with the global B2B digital micropayments platform DT One to launch an international mobile load service.
Protean and Fino Payments Bank Tie-up to Expand PAN Card Issuance Services in India
- 2 years 3 days ago
- Banking
Fino Payments Bank has tied up with Protean eGov Technologies (formerly NSDL e-Governance Infrastructure Limited), a market leader in universal, citizen-centric and population-scale e-governance solutions, to expand PAN card issuance services in India, especially in rural areas.
Commerzbank Picks Nexi for Issuing Solutions
- 2 years 3 days ago
- Banking
Commerzbank has chosen Nets, part of the European PayTech
SEBA Hong Kong Opens Hong Kong Office to Establish APAC Presence
- 2 years 3 days ago
- Banking
SEBA Bank AG, a leading crypto bank in Switzerland having a suite of fully regulated banking services, officially opened its Hong Kong office for its subsidiary, SEBA (Hong Kong) Limited (“SEBA Hong Kong”).
Finastra Cements Commitment to Growth in Asia Pacific with Center of Excellence in Kuala Lumpur
- 2 years 4 days ago
- Alternative Finance
Finastra today announced a new Center of Excellence (COE) at Malaysia’s MRANTI Technology Park in Bukit Jalil, Kuala Lumpur. MRANTI Park is a hub for technology innovation, commercial adoption, and scientific excellence. It is an ideal location for Finastra to expand its Asia Pacific footprint, further contribute to the local economy, and promote Science, Technology, Engineering, the Arts, and Mathematics (STEAM) careers in a region dedicated to... more
BVNK Acquires UK-Licensed E-Money Institution to Accelerate Expansion
- 2 years 5 days ago
- Banking
BVNK, the next-generation payments platform for global businesses, today announces it has acquired UK fintech, System Pay Services Limited (SPS Ltd), to accelerate expansion. SPS Ltd is registered as an EMI (Electronic Money Institution) in the UK and offers a one-stop payment solution for businesses — providing e-money services, e-wallets, and multi-currency accounts for merchants to make, receive, and process payments.
Survey Shows Britons Desire to Increase Trade with European Union to Combat the Cost-of-living Crisis and International Conflict
- 2 years 1 week ago
- Banking
Research announced today shows that Britons, in direct contrast to the Brexit vote in 2016, are keen to increase trade with all European countries. A study of over 1,000 Britons commissioned by iBanFirst, a global financial service provider across banking borders, and conducted by BVA, reveals that over 8 in 10 (80%) UK citizens desire to increase trade with all European countries, whilst just over half (52%) want to increase trade... more
ClearBank Ltd. Reaches Profitability as Revenue Climbs to Over £45M
- 2 years 1 week ago
- Banking
ClearBank Ltd., the enabler of secure accounts, real-time clearing, and Embedded Banking for financial institutions, today announced that it has reached profitability. ClearBank Ltd. has generated £45.4m in revenue YTD and from October has reached monthly profitability in the UK.
11th Global Islamic Microfinance Forum Successfully Concluded in Dubai – United Arab Emirates
- 2 years 1 week ago
- Islamic Finance
11th Global Islamic Microfinance Forum was successfully concluded at Metropolitan Hotel Dubai, UAE under the patronage of AAOIFI Bahrain. The purpose of that forum was to promote, strengthen and unite the organizations of Islamic microfinance (IsMF) with the theme of financial Inclusion, outreach strategies & innovations. Eminent Speakers and industry professionals from well-serving organizations related to Microfinance, Islamic microfinance... more
Atom Changes its Serviceability Criteria to Support More SMEs
- 2 years 1 week ago
- Banking
Atom bank, the UK’s first app-based bank, has today revamped its serviceability criteria for both variable and fixed rate commercial mortgage products as it looks to improve access to finance and challenge the high street lenders.
Use of External Finance Down Across the UK But Signs of Growth in Regional Equity Finance Markets
- 2 years 1 week ago
- Banking
The British Business Bank’s second annual Nations and Regions Tracker, published today, finds usage of external finance has fallen overall across the UK, as nine out of the twelve regions saw a drop in use of small business finance. In addition, 38% of smaller businesses were using external finance in the second quarter of 2022, down seven percentage points from 45% a year earlier. Core debt products remain the most used and widely available... more
New Report by BPC and Fincog Offers Insights for Banking Players Interested in the Middle Eastern Digital Banking Market
- 2 years 1 week ago
- Banking
Global payment leader BPC and strategy consultancy firm Fincog today announced the launch of a new report on the digital banking market of the Middle East, with a particular focus on the countries of the Gulf Cooperation Council (GCC).
