Banking

The SVB Collapse and Rising Concern Among the UK Startups

3 years 7 months ago
Banking

The authorities in California shut down Silicon Valley Bank (SVB) due to a liquidity crisis that caused customers to withdraw their funds. This event has caused concern among UK startups that have accounts with SVB's UK subsidiary, as it is the largest bank failure since the 2008 financial crisis. However, SVB UK has stated that it is still conducting business as usual, processing payments and funding loans for its UK clients.

Orion Innovation Acquires Banktech Software Services

3 years 8 months ago
Banking

Orion Innovation (“Orion”), a leading digital transformation and product development services firm, today announced the acquisition of

HMBradley Partners with Thought Machine to Usher in the Future of Banking

3 years 8 months ago
Banking

HM Bradley, Inc (“HMBradley”), a financial technology platform built to reward savers, today announced a strategic partnership with Thought Machine, a leading provider of banking technology. The partnership enables HMBradley to eliminate its waitlist and open new accounts for the first time in over 16 months. HMBradley has also partnered with New York Community Bank, a division of Flagstar Bank, N.A. (“NYCB”), which will maintain the customer... more

94% of Banks Eyeing Investment in Modern Payment Tech, to Keep Pace with Fintech Innovation

3 years 8 months ago
Banking

Aite-Novarica Group research reveals that payments is an important area of growth and innovation within the commercial banking space, and legacy systems cannot support end-user demand for better payment capabilities. Almost half of banks surveyed say fintechs, which typically provide a smooth customer experience, have already taken at least 10% of their payments volume. Recognizing this trend, the majority of banks globally are investing in... more

Sella Group Launches Global Acceleration Program for Agritech Startups

3 years 8 months ago
Banking

The international acceleration program "AG 4 Future Food", promoted by the Sella group and implemented by its Venture Incubator dpixel, starts today. It aims to identify and support startups capable of developing innovative, economically sustainable, accessible and efficient solutions and technologies within the agri-food chain.

SmartSave Bank Hits £1B in Deposits

3 years 8 months ago
Banking

SmartSave Bank, a disruptive savings platform created by UK bank Chetwood Financial, has now received more than £1 billion in deposits. SmartSave offers fixed-term, fixed-rate savings accounts, all of which are FSCS protected. Customers can deposit between £10,000 and £85,000, and they start earning interest as soon as they transfer money into their savings account.

Impact Investment Platform u impact and Climate Engagement Fintech ecolytiq Collaborate to Catalyse Climate Action for Private Investors

3 years 8 months ago
Banking

Sustainable investment solution provider u impact has joined forces with specialised green banking software provider ecolytiq to introduce innovative sustainable investment products to a wider branch of private investors.

Johnson Financial Group Selects nCino to Modernize Multiple Lines of Business

3 years 8 months ago
Banking

nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that

BankiFi Releases New Whitepaper in Partnership with RedCompass Labs Uncovering SMBs Large Scale Shift to Third-party Service Providers

3 years 8 months ago
Banking

BankiFi, a leading provider of embedded banking solutions, has released a new whitepaper in partnership with RedCompass Labs, a world leader in good and bad payments technology. Titled “SME Banking Channels: converting a money pit into a business opportunity,” the report explains the challenges banks face when offering digital solutions and how banks can most effectively and lucratively deliver cutting-edge technology.

Zopa-led Coalition pledge2025.org Launches Financial Education Programme for Those hit Hardest by the Cost-of-living Crisis

3 years 8 months ago
Banking

The 2025 Fintech Pledge (pledge2025.org) has partnered with The Money Charity to launch an ambitious programme of financial education for those hit the hardest by the cost-of-living crisis. The programme will start immediately and is expected to run until December 2025. Its first year of operations will be funded by Pledge2025 members Zopa bank and credit marketplace ClearScore.

Many-headed Dragon: Is the EU Creating Better Conditions for the Development of Fintech Businesses?

3 years 8 months ago
Banking

The global fintech ranking by the UK research firm Findexable has ten European countries in the first rankings out of 20 countries, and this includes Lithuania. But can we be proud of such a result? The reasons hindering the creation of fintech solutions in Europe were discussed at the international Fintech Day conference in Vilnius.

Monoova Powers PayTo Early Adopter Wagepay and Customers Jump Straight in Despite Ongoing Bank Delays

3 years 8 months ago
Banking

As an industry first, Wagepay, the earned-wages access fintech based in Brisbane, has switched on PayTo for real-time customer payments. This has been done in partnership with Monoova, the award-winning Sydney-based payment service provider.

SmartSave Bank Teams Up with Cash Deposit Platform Flagstone

3 years 8 months ago
Banking

Tandem Bank Signs Up for LMS Panel Link®

3 years 8 months ago
Banking

LMS, the UK’s leading conveyancer and panel management specialist, has today announced its partnership with Tandem Bank, which will become the 34th lender to join LMS Panel Link®. As part of its unique service, LMS will deliver a fully vetted, secure panel of conveyancing firms that meets Tandem’s exact requirements, across England and Wales.