British Business Investments Commits Additional £15m to Compass Business Finance
- 2 years 11 months ago
- Investment, Banking
British Business Investments, a commercial subsidiary of the British Business Bank, today announces an additional £15m commitment to Compass Business Finance, taking our total commitment to £30m. This additional investment will further increase the flow of funding for asset finance products into UK-based smaller businesses operating in the print, packaging and manufacturing sectors.
56% of European Retailers Plan to Launch New Embedded Finance Offerings in 2022
A new independent survey of 753 senior decision-makers from European retail and eCommerce businesses reveal their appetite for embedded finance products. It found:
novobanco Goes Live with Objectway to Lead the Way in Investment Services
- 2 years 11 months ago
- Asset Management, Wealth Management, Banking
Objectway, a global top 100 wealth, banking & asset management software provider, have partnered with novobanco enabling the leading Portuguese bank to provide an advanced financial advisory experience through a digital advisory platform, including goal-based investment planning, advice execution and risk optimised model portfolio creation.
Temenos Named a Leader in Digital Wealth Management Platforms by Independent Research Firm
Temenos positioned the furthest for its wealth management product strategy and strength of its offering Temenos, the cloud banking platform, has been named a leader in The Forrester Wave™: Digital Wealth Management Platforms (DWMP) for Q1 2022.
Citi Announces Agreement to Sell Its Consumer Businesses in India to Axis Bank Limited
- 2 years 11 months ago
- Banking
Citi today announced that it has reached an agreement with Axis Bank Limited (Axis) for the sale of Citi’s consumer businesses in India. Axis was selected by Citi following an extensive and competitive auction process.
Al Rajhi Bank Jordan Opts for ICS BANKS Business Suite from ICS Financial Systems
- 2 years 11 months ago
- Banking, Islamic Finance
Amman, Jordan:
Zopa Bank Has Hit Profitability, Just 21 Months After Acquiring Its Banking Licence
- 2 years 11 months ago
- Banking
This is the first time Zopa bank turns a profit, making it one of the fastest digital banks to achieve profitability ever. We expect to remain profitable from this point onwards, continuing our accelerated growth. The news will be announced later today from the Innovate Finance Global Summit by Zopa’s CEO Jaidev Janardana. More context and some figures:
Azentio included in Now Tech: Digital Banking Processing Platforms, Q1 2022 Reports for Retail and Corporate Banking by Independent Research Firm
- 2 years 11 months ago
- Digital banking, Retail Banking
Azentio Software, a Singapore-headquartered technology firm owned by funds advised by Apax Partners, has been included in the reports Now Tech: Digital Banking Processing Platforms (Retail Banking), Q1 2022 and Now Tech: Digital Banking Processing Platforms (Corporate Banking), Q1 2022, published by leading research and advisory firm Forrester.
Invitation to virtual Annual General Meeting of Commerzbank on 11 May 2022
- 2 years 11 months ago
- Banking
● Interactive exchange with shareholders prepared again this years
Over 50% Of Crypto Investors Leave Assets Vulnerable By Using Paper Backups For Their Security Keys, Study Finds
- 2 years 11 months ago
- Banking
The results of NGRAVE’s annual Crypto Security Self-Audit Survey have been revealed As cryptocurrency cyber attacks continue to grow in prominence, new research has found that more than half of crypto users (54%) continue to keep their backup on a paper wallet. Furthermore, 50% of respondents stated that if someone were to find their backup, their keys would be compromised.
Allica Bank Pledges to Make Over £1 Billion in Committed Lending Offers in 2022
- 2 years 11 months ago
- Banking
Lending set to increase considerably as Allica Bank anticipates it will make £1 billion in committed lending offers in 2022 to established small and medium-sized businesses Allica increases maximum customer exposure for asset finance and the care home sector to £1 million and £10 million respectively Allica Bank – the fintech challenger bank dedicated to empowering Britain’s established small and medium sized businesses – is pledging to make... more
MF Banking Awards: Nexi Awarded in Two Categories
The PayTech receives the "Guido Carli Elite" award for the best extraordinary operation for the mergers with Nets and SIA, while the technological solution SoftPOS wins the Innovation of the Year award. Nexi, Europe's PayTech leader in the digital payments market, has been awarded in two categories at the MF Banking Awards 2022, the annual event organized by Milano Finanza to reward the best innovations and operations in the financial sector... more
Wells Fargo Expands Adoption of nCino to Transform Small Business Banking Experience
- 2 years 11 months ago
- Banking
Financial services leader selects nCino to streamline origination, underwriting and portfolio management within its Small Business Banking Business
Klarna Launches Nationwide SME Roadshow to Bring SME Leaders Together
- 2 years 11 months ago
- Banking, Retail Banking
Starting in London, the roadshow will visit 8 locations across the UK to host panels discussions and networking drinks to bring the SME community together The announcement comes as UK FinTech Week begins, showcasing innovation in the financial services sector Over half of business leaders (51%) believe in the importance of networking, yet a third (33%) of the UK’s SME leaders have never spoken to other business leaders to seek advice and share... more
Natixis Corporate & Investment Banking Partners With Ncino to Expand Its Digital Capabilities in Its Financing Activities
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, and Natixis Corporate & Investment Banking (Natixis CIB) announce their partnership to streamline and automate several of Natixis CIB’s processes.
