banking

European Depositary Bank (“EDB”) today announces the appointment of David Claus as CEO and Member of the Board of Directors.

Inaugural Point Zero Forum to kick off tomorrow in Switzerland to advance the future of financial services

June 20, 2022

The Swiss Secretariat for International Finance (SIF) and Elevandi (a company set up by the Monetary Authority of Singapore (MAS) to advance FinTech in the digital economy)

Financial Policy Committee confirms withdrawal of mortgage market affordability test

June 20, 2022

Following its latest review of the mortgage market, the Financial Policy Committee has confirmed that it will withdraw its affordability test Recommendation. This will come into effect from 1 August 2022.

Press Release

Statement after the ad hoc meeting of the ECB Governing Council

June 15, 2022

The pandemic has left lasting vulnerabilities in the euro area economy which are indeed contributing to the uneven transmission of the normalisation of our monetary policy across jurisdictions.

Press Release

deadmau5 and Zytara Sign Multi-Year Deal to Bring Fans First-Ever Branded Banking Experience as part of Groundbreaking Partnership

June 15, 2022

This exclusive partnership between Zytara and deadmau5 demonstrates how branded banking experiences can be deployed by celebrities, brands, and influencers to deepen connection with their audience.

Press Release

Bain & Company identifies “pioneer strategy” that could deliver profit growth of 25-30% for banks that accelerate transition to net-zero carbon emissions by 2050 

June 7, 2022

The world's banks are accelerating on the carbon transition, but they face three major strategic challenges to reaching net zero emissions by 2050, according to new research from Bain & Company.

Press Release

Bank of America Credit and Debit Card Data Shows Continued Growth in Consumer Spending, up 9% year-over-year in May

June 6, 2022

Despite challenges from higher inflation, households continued to spend at a healthy pace, with spending on services like travel and entertainment continuing to grow

Press Release

Survey on the Access to Finance of Enterprises: tightening of financing conditions amid increased economic uncertainty

June 1, 2022

The results of the Survey on the Access to Finance of Enterprises (SAFE) in the euro area for the period from October 2021 to March 2022 indicate that the recovery in firms’ economic activity continued

Press Release

Kroo closes Series B after raising £26 Million

May 31, 2022

Kroo has just closed their most recent funding round, successfully raising £26 million. This round of funding has had incredible results with over 60% of investors reinvesting, showcasing their belief in the Kroo vision.

Press Release

Coingrig partners with Nordigen to directly connect users’ bank accounts to their digital wallet

May 25, 2022

Coingrig has integrated Nordigen’s open banking platform to increase the ease of bank connectivity to their digital wallet.

Press Release

Burnout mounts as a third of banking and financial services plan to leave the industry due to high pressure

May 24, 2022

A third (31%) of financial services and banking professionals are planning to leave the industry due to high pressure, according to a new report by LemonEdge, a global digital accountancy platform for the private capital and venture capital industry.

Press Release

Metro Bank joins the APPG for Challenger Banks and Building Societies as Associate Member

May 23, 2022

The APPG for Challenger Banks and Building Societies is delighted to announce that Metro Bank is the latest challenger bank to join them as an Associate Member.

Press Release

Major Swiss Bank Selects Icon’s IPF Platform for Payments Transformation

May 23, 2022

Icon Solutions has announced that its payments platform solution – IPF – has been selected by a major Swiss bank as the core of its payments transformation programme that includes instant schemes, traditional ACH and cross-border payments.

Press Release

ITRS Group and Banktech announce new Temenos-integrated performance monitoring solution for retail banks

May 17, 2022

ITRS Group, leading provider of real-time estate monitoring and analytics software to global financial institutions, has announced a new solution for retail banks struggling to monitor the health of their core banking systems, which have become even larger and more complex following a recent wave of pandemic-induced digital transformation.

Press Release

Call for expressions of interest for the appointment of members to the ESRB’s Advisory Scientific Committee

May 12, 2022

The European Systemic Risk Board (ESRB) is seeking ten international experts in macroprudential policy and systemic risk to join its Advisory Scientific Committee (ASC).

Asia

Sri Lanka needs to go back to the future to escape meltdown: Steve Hanke

April 28, 2022

A return to currency board system is the best way to help Sri Lanka escape its never-ending cycle of debt, says Steve Hanke. Who also believes that a currency board could provide a solution.

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