Press Release

A big sigh of relief has rippled through the travel and aviation sector with the confirmation from the UK Transport Secretary that double jabbed arrivals from the US and the European Union will no longer have to isolate.

Bank of England to suspend Liquidity Facility in Euros from 1 October 2021

July 29, 2021

The Bank of England, in co-ordination with the European Central Bank, is today announcing that in light of sustained improvements in funding market conditions it will suspend the Liquidity Facility in Euros (LiFE) at the end of September 2021.

Press Release

Backbase appoints Iman Ghodosi as Regional Vice President to lead Asia Pacific expansion

July 29, 2021

Backbase, with its state-of-the-art engagement banking platform, envisions potential for it to grow in Asia Pacific’s retail, SME, corporate and wealth management banking secto

Press Release

Robinhood’s IPO could turn the trading platform into a 35 billion dollar concept

July 28, 2021

There is likely to be huge interest in Robinhood’s IPO, given the swirling speculation about the company on social media forums and the media coverage the company received as it became a central figure in the GameStop craze earlier in the year.

Press Release

The Future of Banking, Now: FIS Adds New Digital Lending, Commercial Onboarding Components to Modern Banking Platform

July 27, 2021

As a growing number of financial services organizations choose FIS Modern Banking Platform to provide convenient, frictionless digital banking services to their customers, FIS® (NYSE: FIS) continues to add significant new components to its flagship cloud-native core banking platform.

Press Release

Monetary developments in the euro area: June 2021

July 27, 2021

Find out more about Monetary developments in the Euro area from June 2021. Including various components and charts to explain.

Press Release

Mambu launches flexible product for SME lenders

July 27, 2021

According to the International Finance Corporation (IFC), it’s estimated that there is an unmet financing need of $5.2 trillion every year across 65 million firms, or 40% of formal micro, small and medium enterprises (MSMEs) globally, with Europe accounting for nearly 15%.

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LGT Capital Partners commits to Accelex’ Next Generation Data Management Solution

July 27, 2021

Accelex, a data acquisition, analytics and reporting solution for private markets investors and asset servicers, is pleased to announce that they have widened the agreement with LGT Capital Partners

Press Release

New IOSCO SPAC Network discusses regulatory issues raised by SPACs

July 27, 2021

While SPACs have long existed, transactions have surged recently, drawing regulatory attention to the issues SPACs raise.

Press Release

OANDA strengthens leadership team; appoints Philip Holemans as CFO

July 27, 2021

OANDA is pleased to announce the appointment of financial services heavyweight Philip Holemans as Chief Financial Officer.

Press Release

NewDay launches Bip the UK’s first digital only credit card

July 26, 2021

NewDay has seen digital wallet and contactless use of its other products more than double in the past year, from around 8% in August 2020 to 20% in June 2021 across customer retail spending.

Press Release

Bitcoin bolstered as Amazon appears to dip its toe into crypto world.

July 26, 2021

When a simple job ad appears to spark resurgence in the value of Bitcoin, it shows how the crypto world is salivating for every nugget of news about the future use case for digital currencies.Although Amazon has scores of openings for blockchain specialists, it was the listing for a digital currency and blockchain product lead that has led to heightened speculation that crypto currency payments could be integrated on its platforms.

Press Release

Starling Bank acquires buy-to-let specialist mortgage lender, Fleet Mortgages

July 26, 2021

Starling Bank has today announced the acquisition of specialist buy-to-let mortgage lender Fleet Mortgages in a £50 million cash and share deal.The acquisition - Starling’s first - is part of a wider plan at the bank to expand lending through a mix of strategic forward-flow arrangements, organic lending and targeted M&A activity.

Press Release

IOSCO consults on ESG Ratings and Data Providers

July 26, 2021

The market for ESG ratings and data has grown considerably over the past few years due inter alia to a lack of consistent information disclosures at the entity level, the increasing interest of investors in ESG products and the legislative and regulatory focus on financial market participants’ consideration of the ESG characteristics of potential investments.

Press Release

Banks must embrace fundamental shift in operational risk models to tackle £multi-billion digital transformation safely, says ORX report

July 26, 2021

The ‘Right time, right place’ report by ORX, also gives a view on what an organisation’s critical assets are and how they are now shifting.

Press Release

UK financial institutions spend an average of £374k each year on preventing financial crime

July 26, 2021

The survey of 300 financial crime decision makers working in the financial services sector in the UK, also found that on average, organisations spent £53 annually on financial crime defence for each customer relationship they have.

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