The Latest Press Releases From Disruption Banking

Magyar Bankholding today announces it has selected Thought Machine, the UK-headquartered core banking technology company, to launch a next-generation digital bank.

Digital Engagement Soars at Bank of America to More Than 10 Billion Logins, up 15% Year-Over-Year

February 17, 2022

Bank of America added more than 2 million active digital clients last year, a single-year record, with its total number of verified digital users reaching more than 54 million.

ISDA Wins Risk’s Innovation in Technology Award For ISDA SA Benchmarking

February 17, 2022

NEW YORK, February 17, 2022 – The International Swaps and Derivatives Association, Inc. (ISDA) has today been recognized in the Risk Awards 2022 for the ISDA Standardized Approach (SA) Benchmarking initiative, which has won the Innovation in Technology category.

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Financial statements of the ECB for 2021

February 17, 2022

The European Central Bank’s (ECB’s) audited financial statements for 2021 show that profit for the year was €192 million (2020: €1,643 million).

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DuckTech chooses Nordigen as their open banking provider for their new personal finance management app

February 17, 2022

Free open banking platform Nordigen has been chosen as the go-to provider of financial data by DuckTech for their new mobile application DuckTail.

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Funding Societies raises US$294m to fuel expansion plans in Southeast Asia

February 16, 2022

Funding Societies (which goes by Modalku in Indonesia), Southeast Asia’s largest SME digital financing platform, today announced that it has raised* US$144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2

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Honesto app introduces Swiss bank backing for crypto

February 16, 2022

Cryptocurrency investment has just been made safer and more accessible with the launch of the Honesto trading app, the first digital assets platform to offer the protection of a Swiss bank and the first to bring institutional-grade connectivity to retail investors.

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agora Digital Capital Markets completes a series of successful multilateral pilot syndicated bond trades

February 16, 2022

agora Digital Capital Markets (“agora”), today announced the successful completion of a series of multilateral pilot sessions of its syndicated bond product, a critical step in the development of the first truly end-to-end digital workflow for fixed income products through the agoraPlatform.

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LPA partners with Globalance to deliver enhanced ESG reporting

February 15, 2022

LPA, the capital markets technology and advisory firm, today announced that it has enhanced its ESG reporting services through a partnership with Globalance, a global pioneer in the field of sustainability.

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Nordigen and Orama come together to help entrepreneurs take control of their finances

February 15, 2022

Spanish platform for automated cash flow management and control, Orama, has enlisted the help of the world’s only free open banking platform Nordigen.

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European System of Central Banks renews Statements of Commitment to FX Global Code

February 15, 2022

The European System of Central Banks (ESCB) welcomes the July 2021 update of the FX Global Code and the publication of related guidance material.

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ION joins the International Capital Market Association

February 14, 2022

ION, a global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, has been accepted to the International Capital Market Association (ICMA) as an Associate Membe

Events Press Release

Singapore and Switzerland co-organise Point Zero Forum to discuss innovation in digital financial technology

February 14, 2022

The Swiss Secretariat for International Finance (SIF) and Elevandi, today announced the launch of the inaugural Point Zero Forum, to be held on June 21-23 in Zurich, Switzerland.

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Network B turns to Nordigen for financial data to power state of the art client loyalty programs

February 10, 2022

Network B plugs into Nordigen’s free open banking platform for raw transactional data as an alternative to card linking.

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ECB requires banks to hold marginally more capital in 2022

February 10, 2022

The European Central Bank (ECB) has today published the results of its Supervisory Review and Evaluation Process (SREP) for 2021. The findings of that annual assessment indicate that significant institutions have maintained solid capital and liquidity positions, with most banks operating at capital levels above those dictated by capital requirements and guidance.

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ECB will not extend capital and leverage relief for banks

February 10, 2022

The European Central Bank (ECB) sees no need to allow banks to operate below the level of capital defined by their Pillar 2 Guidance beyond December 2022.

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