The Bank of London Appoints Anne Grim to the UK Bank Board
- 1 year 1 month ago
- People Moves
The Bank of London today announced the appointment of Anne Grim as an independent Non-Executive Director (NED) of The Bank of London Group Limited Board and Chairperson of the Board Risk Committee (BRC), subject to regulatory approval. As well as her BRC role, Anne will be a member of the UK bank’s Board Audit Committee.
Andaria Accelerates UK Footprint as Part of Grow London Global’s 2024 Cohort
- 1 year 1 month ago
- Infrastructure
Andaria, a UK EMI-licensed entity that makes digital financial services more accessible and transparent, is thrilled to announce its partnership with London & Partners and participation in this year’s Grow London Global programme.
Arab Bank and Mastercard Launch Cross-Border Payments Services “RemitEx” in Jordan
- 1 year 1 month ago
- Payments
Arab Bank and Mastercard announced the launch of cross-border payment services “RemitEx. The new collaboration leverages Mastercard's Cross-Border Services platform to provide a remittance product that will enable Arab Bank’s customers to make faster, safer, and full-value transfers without fees for the recipient.
Mastercard and Abu Dhabi Global Market Partner to Empower UAE’s Dynamic SME Community
- 1 year 1 month ago
- Payments
Mastercard and Abu Dhabi Global Market (ADGM) have announced a collaboration to fuel the growth of the booming small and medium enterprise (SME) sector in Abu Dhabi and the wider UAE by digitalizing SME payment flows. The partnership will empower SMEs to meet their growth potential through Mastercard’s technologies and resources.
Nemetschek Group Invests in US-based Financial Automation Platform Briq
- 1 year 1 month ago
- Investment
The Nemetschek Group, one of the leading software providers for the AEC/O and media industries, today announced its investment in the US-based start-up Briq, a data-driven, collaborative financial automation platform for the construction industry. The investment further expands the Nemetschek Group's venture strategy of driving efficiency and innovation in the industry.
Third Phase of British Business Bank’s Recovery Loan Scheme Offers £1B of Lending to UK Smaller Businesses
- 1 year 1 month ago
- Lending
The British Business Bank announces today that the third iteration of its Recovery Loan Scheme (RLS) has supported £1bn of finance offers to smaller businesses since its launch in August 2022.
Iress Xplan to Underpin Mattioli Woods’ Transformation
- 1 year 1 month ago
- Wealth Management
Iress has today announced it has been selected by Mattioli Woods Plc as its service and technology partner to support future growth. Iress’ advice software Xplan will be deployed across the whole of Mattioli Woods wealth management business, including employee benefits. A phased implementation is well underway, with nine offices having migrated onto Xplan since June this year with the final office to complete in 2024.
Mashreq Partners with UAE Fintech Fils to Launch Carbon Offsetting Services for Corporate Clients
- 1 year 1 month ago
- Infrastructure
Mashreq, one of the leading financial institutions in the MENA region, has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, to develop a corporate carbon offsetting offering that
PayPoint Wins DVLA Contract for International Driving Permits
- 1 year 1 month ago
- Payments
PayPoint is pleased to announce that it has been awarded the Driver & Vehicle Licensing Agency (DVLA) contract for providing International Driving Permits across its extensive network of retailer partners across the UK.
Libyan Islamic Bank Forges New Partnership with Backbase to Enhance Digital Customer Experience
- 1 year 1 month ago
- Digital banking
To streamline its customer service operations and enhance its customers’ digital banking experience, Libyan Islamic Bank (LIB) has partnered with Backbase, the renowned expert in engagement banking platform solutions worldwide. Established in 2017 with a primary focus on retail and corporate segments, LIB has been a steady presence in the financial landscape of Libya, abiding by the principles and legislations of Islamic Sharia.
North Star Mutual Deploys Kalepa's Copilot
- 1 year 1 month ago
- Insurtech
Insurtech leader Kalepa announced today that North Star Mutual Insurance Company has deployed Kalepa’s award-winning Copilot underwriting platform. North Star Mutual initially deployed Kalepa’s Copilot in June of 2023 to enhance their underwriting across property, liability, and umbrella lines of business. Since that time, underwriters have valued how Copilot’s risk analysis helps them write core business such as service risks, retail operations...
Here Are The Winners of The UF AWARDS MEA 2024
- 1 year 1 month ago
- FinTech StartUps
The prestigious UF AWARDS MEA 2024 were presented at an exclusive ceremony on January 17th during iFX EXPO DUBAI 2024.
AMLYZE and Satchel Join Forces to Elevate Digital Banking Compliance
- 1 year 1 month ago
- Compliance
Satchel, a European digital banking provider, is set to enhance its compliance standards through a strategic partnership with AMLYZE, a top-tier regtech company specializing in anti-money laundering and financial fraud prevention.
Come Clean: Wise Demands Banks Reveal FX Markups - as Hidden Fees Lead Frustrated Brits to Lose Faith in Banks
- 1 year 1 month ago
- Transaction Banking
Barely a fifth of Brits trust their bank to give them a fair deal, a situation exacerbated by hidden FX fee markups, according to new research by Wise, the international money account. New research shows that major UK high street banks charge a hidden fee in its exchange rate*. HSBC charges the highest, with a 3.7% hidden markup. The bank recently launched Zing, a new product that is transparent about its fees - but HSBC does not offer this...
SumUp to Unveil the Latest Product Developments to Support SMEs at New Event Series, ‘SumUp Beacon’
- 1 year 1 month ago
- Payments
Global financial technology company SumUp continues its industry-leading efforts to support small businesses and today unveiled several new product features.
