The Latest Press Releases From Disruption Banking

Press Release

Bank of America and NACA Expand Mortgage Program to $15 Billion to help Low-to-Moderate-Income Homebuyers in Achieving Affordable Homeownership

May 18, 2021

Bank of America and the Neighborhood Assistance Corporation of America (NACA) today announced the expansion of their national affordable homeownership mortgage program, with a goal of providing $15 billion in mortgages to low-to-moderate income (LMI) homebuyers through May 2027.

Press Release

Cyberis becomes CBEST approved

May 18, 2021

BEST is a framework run by the Bank of England through the industry body CREST that delivers controlled, bespoke, intelligence-led cyber security tests, to increase the resiliency of financial services organisations against cyber attacks.

Press Release

FCA sends thousands of staff on cyber and financial crime training courses

May 18, 2021

With a surge in newly launched FinTechs, alongside expanding traditional banks, the FCA has a complex remit that requires the highest technical skills in order to investigate and enforce.

Press Release

Lloyds Banking Group appoints Allianz Partners UK as New Travel Insurance Provider

May 18, 2021

Under the recently signed contract, Allianz Partners UK will provide travel cover for holders of Added Value Accounts and Ultimate Reward Current Accounts for Lloyds Bank, Bank of Scotland and Halifax, entailing the seamless transfer of these customers from the current supplier.

Press Release

HSBC launches multi-currency wallet for international payments

May 18, 2021

HSBC has launched a multi-currency digital wallet that enables businesses to make and receive international payments simply and securely from one single global account.

Press Release

Connected Data deploys market leading fraud prevention technology into debt management – an industry first

May 18, 2021

Data driven technology company Connected Data has partnered with global fraud fighter, SEON, to bring a fresh and more effective perspective to debt prevention and reduction. SEON has been highlighted in the 2019 RegTech100 list as one of the world’s most innovative companies.

Press Release

Four new banks launched in first 10 months of coronavirus crisis – adding to the 41 launched over the last eight years

May 17, 2021

Including the four new banks launched in the last year, there have been 23 UK banks to launch since 2013, alongside 22 banks to launch in the UK either as a branch or subsidiary of an overseas bank.

Press Release

Inflation Damnation

May 17, 2021

A spike in inflation in April and May had been anticipated, both on the back of economies opening up again and base effects now the comparison is with the low point last spring.

Press Release

Central Bank Digital Currencies May Disrupt Financial Systems

May 17, 2021

Widespread adoption of Central Bank Digital Currencies (CBDCs) may be disruptive for financial systems if associated risks are not managed.

Press Release

Metro Bank Launches Its First Start-up Collaboration Programme

May 17, 2021

Metro Bank is launching its first start-up accelerator programme: Metro Bank Magic Makers, run in partnership with corporate innovation specialists, L Marks.

Press Release

ADIB Partners with FIS to Provide Instant Payments Experience to its Customers

May 17, 2021

ADIB aims to expand and streamline its range of payment services through the FIS Open Payment Framework (OPF), an innovative payments infrastructure hub.

Press Release

UK jobs boost as six out of ten SMEs plan to recruit

May 17, 2021

72% of SMEs in the financial services and insurance sector said they would be recruiting, with more than half of the roles (53%) in full-time positions

Press Release

ITI Capital announces successful onboarding of over 5,000 former SVS Securities clients

May 17, 2021

ITI recently announced several major new updates for its platform, including offering clients the opportunity to invest in global Initial Public Offerings (IPOs) and Secondary Placings as part of major expansion of its services.

Press Release

Nium Launches Global Payments Solution for Maritime Companies

May 17, 2021

Shipping companies will be able to disburse salary pay outs directly to seafarers’ Virtual Visa card accounts that can be accessible via the Nium Pay app.

Press Release

Compliance leaders see digital transformation as critical over next 12 months

May 14, 2021

More than half of compliance professionals say digital transformation of the customer due diligence process will have the biggest impact on their risk organisation over the next 12 months, according to a new poll from digital compliance specialist NorthRow.

Press Release

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