Goldman Sachs joins CLS and IHS Markit cross-currency swaps service
- 5 years 8 months ago
- Payments, Data
CLS, a market infrastructure group delivering settlement, processing and data solutions, and IHS Markit, a world leader in critical information, analytics and solutions, today announced that Goldman Sachs has joined its cross-currency swaps settlement service. There are now eight settlement members live on the service, including some of the largest global banks.
The 6th China NPL Investment and Restructuring Summit Forum
- 5 years 8 months ago
- Investment
Since the global economy and political environment are currently undergoing deep changes, IMF forecasts that Chinese economy growth in 2020 will keep falling back, and will be still at the bottom of the operating stage. In this year, three goals will be "finished", so keeping stably growth is very important, and it is expected that countercyclical policies will maintain "deterministic growth" in the uncertainty of economic environment.
Mastercard and Octet Europe enable European small businesses to thrive in the global economy
- 5 years 8 months ago
- Trade Finance, Payments, Security, AML and KYC
Today, Mastercard and Octet Europe announce the launch of a new trade solution across the European Economic Area (EEA).
Elaia and Bpifrance acquire stakes in iBanFirst in a €21 million third round of funding
- 5 years 8 months ago
- M&A Deals
Global financial services provider iBanFirst, delivering solutions across banking borders, has announced that it will continue to expand with the help of venture capital funds Elaia and Bpifrance, through its growth capital fund Large Venture. The pair join French funds Serena and Breega, which first invested in the fintech in November 2018 and have participated once again in this latest funding round. They will find themselves alongside Xavier...
Neptune successfully raises new funding from existing investors
- 5 years 8 months ago
- Data
Neptune Networks Ltd. (“Neptune”), the fixed income pre-trade market utility, announced today that it had recently closed a successful capital raise from existing shareholders. Neptune has raised in excess of $15 million across two-tranches. The majority of Neptune’s existing shareholders participated in the capital raise, these included Bank of America, Barclays, BBVA, BNP Paribas, Citi, Crédit Agricole CIB, Credit Suisse, Deutsche Bank,...
Surecomp® Marks the Launch of Its Fintech Marketplace With New Brand Identity
- 5 years 8 months ago
- Trade Finance, Treasury
Surecomp®, the market leader in global trade finance and treasury solutions for banks and corporations, today announced the launch of its new fintech Marketplace. Accompanied by the launch of a fresh new brand identity, website and API developer portal, the arrival of Marketplace epitomizes the evolution of industry change and digitization by offering a web-based platform providing single point access to other innovative solutions within the...
British Business Bank appoints interim CEO
- 5 years 8 months ago
- People Moves
Catherine Lewis La Torre has been appointed Interim CEO of the Government-owned British Business Bank and will take up the role from 1 September. Catherine currently holds the position of CEO of the Bank’s two commercial subsidiaries, British Patient Capital and British Business Investments. In October 2019, Keith Morgan CBE announced that he would be standing down from the role of Chief Executive of the British Business Bank by the end of 2020...
Electroneum lists on CoinDCX, India’s largest and safest crypto exchange
- 5 years 8 months ago
- Cryptocurrencies
Following the March 2020 Central Bank of India (RBI) announcement lifting the banking ban on cryptocurrency, opening up one of the world's biggest markets and in response to a vast demand for ETN in that country, Electroneum announces its listing on CoinDCX, one of the nation's largest and most secure crypto exchanges.
Blue Prism automates US gov. PPP Process helping small businesses stay afloat
- 5 years 8 months ago
- Covid-19, Lending
Blue Prism has teamed-up with Lateetud and ABBYY to support the US government’s latest COVID-19 relief efforts for small businesses, by helping to automate loan applications during the two rounds of funding, $349 billion and $310 billion respectively, allocated by Congress as part of its
Ethoca & Aite release unique cardholder insights
- 5 years 8 months ago
- Payments, Mobile Banking
Ethoca, a Mastercard company, today announced the release of new research that reveals cardholders have a strong appetite for digital solutions that provide greater insight into their purchases.
British fintechs call on the Government to incentivise private investors to protect SMEs from collapse
- 5 years 8 months ago
- Covid-19
Buckworths, the UK’s only law firm working exclusively with start-ups and high growth businesses, has yesterday sent a letter to the Treasury requesting the introduction of measures to incentivise angel investors to invest in SMEs that have been adversely impacted by the COVID-19 pandemic.
TPAY MOBILE acquires Payguru, the leading payment platform in Turkey
- 5 years 8 months ago
- M&A Deals
TPAY MOBILE, the leading digital merchant acquirer and mobile payment enabler in the Middle East and Africa (MEA), has today announced the acquisition of 100% of the shares of Payguru, one of Turkey’s leading payment service providers. The transaction remains subject to approvals from the Central Bank of the Republic of Turkey (CBRT) and the Competition Authority.
Wirecard and Stocard team up to launch mobile payment feature and drive contactless payment adoption
- 5 years 8 months ago
- Payments
Wirecard, the global innovation leader for digital financial technology, is collaborating with Stocard, the leading mobile wallet and one of the largest B2C European FinTechs, to launch a new mobile payment feature in the Stocard app. The announcement comes as Stocard reaches 50 million users worldwide. Starting today, UK-based Stocard users can pay with their app via a virtual Wirecard-issued Mastercard card, an option that will be rolled out...
New lenders accredited to British Business Bank Coronavirus Business Loan Schemes
- 5 years 8 months ago
- Covid-19, Lending
Today the British Business Bank has announced that it has approved a new lender for accreditation to the Bounce Back Loan Scheme (BBLS), five new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS) and four new lenders under the Coronavirus Large Business Interruption Loan Scheme (CLBILS). Paragon Bank will join the other 19 BBLS lenders who have been accredited since the scheme opened last month.
mBank selects Wolters Kluwer’s OneSumX for risk management
- 5 years 8 months ago
- Risk Management
mBank, Poland’s fourth largest banking group based on assets, has chosen Wolters Kluwer’s OneSumX for Risk Management as its risk software. The mobile digital bank operates across three markets in Poland, the Czech Republic and Slovakia. The bank will specifically use the Wolters Kluwer’s solution for Asset and Liability Management (ALM) as well as Market Risk and profitability (Funds Transfer Pricing).
