The Latest Press Releases From Disruption Banking

There are real fears that these added costs may be passed onto consumers before long. But central banks all seem incredibly reluctant to raise interest rates. This decision is hitting both consumers and savers hard.

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Sense of unease pervades financial markets over potential for stagflation – amid higher prices and Covid resurgence

July 14, 2021

Although, for the moment, central banks are largely keeping their cool, appearing confident the spectre of lingering inflation will disappear, there are increasing signs of nervousness among investors, especially as readings in other countries also show price spikes.

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SIX acquires ULTUMUS from ETFS Capital to strengthen its ETF and Managed Data Service offering

July 13, 2021

SIX, the Swiss and Spanish Exchange group, acquires ULTUMUS, the international index and ETF data specialist, from ETFS Capital, an investment firm focused on growth opportunities across the investment ecosystem.

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Results of the June 2021 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

July 13, 2021

Overall credit terms and conditions in euro-denominated securities financing and over-the-counter (OTC) derivatives markets tightened slightly over the March 2021 to May 2021 review period.

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67% of fintechs believe that AI will have the biggest impact on sector in the next five year

July 13, 2021

Tribe Payments, a payment technology company, today reveals that 67% of fintechs believe AI is the technology that will have the biggest impact on the sector over the next five years.

Press Release

Frothy stock market valuations, a dash for cash and digital money – all on Bank of England’s risk radar

July 13, 2021

The Bank of England has rolled with the good news first by applauding the banking sector’s resilience for steering the UK economy through the pandemic and for having the liquidity to withstand further punches.

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FCA issues warning letter to banks over Anti-Money Laundering failings

July 13, 2021

etail banks have been issued a warning by the Financial Conduct Authority (FCA) about continuing weaknesses and failings surrounding their financial crime controls.

Press Release

Spring swagger continues into summer for UK retail sector as sales bounce back to record levels

July 13, 2021

After months of languishing in loungewear, shoppers sought new styles in April and May, eyeing the chance to socialise once more. June kicked off a Euro tournament splurge, with TVs, snacks and beer sales booming. But the BRC/KPMG figures also highlight a trend noted in the ONS statistics for May.

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Travel sector flies into brighter skies but global recovery concerns weigh on FTSE 100

July 8, 2021

After months of stomach turning turbulence, the travel sector has flown into brighter skies with the announcement that double vaccinated UK travellers would be able to return from countries graded as amber on the UK travel list, without needing to quarantine.

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Kantox and Silicon Valley Bank expand partnership to provide innovative currency risk management technology to US clients

July 8, 2021

Kantox, a European fintech and leader in Currency Management Automation software, has announced an expansion of their partnership with Silicon Valley Bank (SVB), the bank of the world's most innovative companies and their investors.

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Spending to rapidly increase as financial services firms plan to boost IT investment to tighten security

July 8, 2021

The latest results from the CBI/PwC Financial Services Survey 2021 show that 70% of firms plan to invest more over the next 12 months. This is almost double in comparison to 2020 when only 48% of firms questioned said they plan to increase investment in this area.

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ECB presents action plan to include climate change considerations in its monetary policy strategy

July 8, 2021

Addressing climate change is a global challenge and a policy priority for the European Union. While governments and parliaments have the primary responsibility to act on climate change, within its mandate, the ECB recognises the need to further incorporate climate considerations into its policy framework.

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Gold-based fintech Glint passes major milestone as it processes over $250m in total transactions since launch

July 8, 2021

Glint adds that this landmark demonstrates the huge consumer appetite for alternative currencies such as gold and cryptocurrencies, including Bitcoin. The value of total transactions processed by Glint has jumped 16% in three months, from $215.5m at the end of March to over $250m.

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ECB publishes supervisory banking statistics for the first quarter of 2021

July 8, 2021

Aggregate total capital ratio of significant institutions stood at 19.34% in first quarter of 2021, down from 19.55% in previous quarter

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A £8 billion WISE way to start a listed era

July 7, 2021

The unruffled start to trading should help London’s efforts to maintain its reputation as a FinTech hub as it has struggled to attract fast growing companies keen to list.

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Entercard partners with Nordigen for open banking insights

July 7, 2021

Leading Scandinavian credit market company Entercard is partnering with European open banking company Nordigen to improve their credit assessment and scoring models through more detailed data insights.

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