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The transformative power of AI

01/04/2025 No Comments

Welcome address by Christine Lagarde, President of the ECB, at the ECB conference on “The transformative power of AI: economic implications and challenges” in Frankfurt, …

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CMC Markets opens Bermuda office to expand global reach

25/03/2025 No Comments

London, 25 March 2025 – CMC Markets (CMC), a global provider of online trading technology ...

How to Improve Customer Experience in Digital Banking

24/03/2025 No Comments

With many people using digital banking, financial service providers must plan to be relevant in ...

IOSCO launches new alerts portal to help combat retail investment fraud

20/03/2025 No Comments

The International Securities & Commodities Alerts Network (I-SCAN) is a unique global system to warn ...

Financial Markets and Institutions Provided Vital Support to the Global Economy During the Pandemic

May 24, 2021

New report shows how improved strength and resiliency of the financial sector paved the way for banks to provide economic support and stability

Press Release

IOSCO Issues Industry Surveys on Conduct Risks in Leveraged Loans and Collateralized Loan Obligations

May 24, 2021

The International Organization of Securities Commissions (IOSCO) has issued four questionnaires for industry participants on conduct risks in Leveraged Loans (LLs) and Collateralized Loan Obligations (CLOs) targeting bank lenders, CLO investors, CLO managers and LL sponsors.

Gold Press Release

Global alternative currency revolution gathers pace as gold-based payments fintech launches first ever dual UK/US crowdfunding campaign on both Republic & Seedrs

May 20, 2021

Alternative currencies are soaring in popularity as Glint, the global gold-based payments system that allows clients to securely save, send and spend multiple currencies including real gold, has announced a new simultaneous crowdfunding round in both the UK and the US.

Press Release

ECB review sees elevated financial stability risks due to uneven impact of pandemic

May 19, 2021

Market sentiment towards banks has substantially improved, as reflected by a marked rise in bank stock prices since the trough last October. However, bank profitability remains weak, while prospects for lending demand are uncertain.

Press Release

SWIFT Customer Security Programme – what’s in it for the banking community?

May 19, 2021

In recent years, cases of cybersecurity breaches have grown in both frequency and sophistication. Of all the affected industries, the financial sector remains particularly vulnerable.

Press Release

BANKIFI LAUNCHES INCOMEING: NEW ‘REQUEST TO PAY’ APP IN ASSOCIATION WITH THE CO-OPERATIVE BANK

May 19, 2021

Banking technology platform provider BankiFi, in association with The Co-operative Bank, has launched a new Request to Pay (RTP) service: Incomeing. The service helps SMEs boost their cash flow by facilitating instant, cost-effective and secure collection of payments from their customers.

Press Release

Digital transformation evades businesses that mismanage data

May 19, 2021

The Anmut Data Leadership Report compiled data and anecdotal evidence from almost 100 Chief Data Officers from organisations headquartered on five continents whose collective annual revenues total over $1 trillion.

Press Release

Cryptocurrency exchange CEX.IO Selects FIS to Support Launch of Consumer Debit Cards

May 19, 2021

CEX.IO was looking for a proven technology platform to support its planned launch of debit cards for its cryptocurrency customers. The fast-growing exchange chose the FIS Debit & Prepaid Platform, which will handle all aspects of card management and processing for the new card line, including purchase authorization, risk management, and regulatory compliance.

Press Release

Financial industry reaping the rewards of digital adoption

May 19, 2021

Four in five (79%) banks and financial firms said embracing new technologies during the pandemic allowed them to successfully pivot their services to suit the current climate.

Press Release

ISDA Publishes SBS Protocol Agreement

May 18, 2021

The International Swaps and Derivatives Association, Inc. (ISDA) has today launched the ISDA 2021 Security-based Swaps (SBS) Protocol Agreement, aimed at helping firms meet certain rules developed by the US Securities and Exchange Commission (SEC), which will come into force later this year.

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.

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