banking

The European Central Bank (ECB) today published the results of an external assessment of the Supervisory Review and Evaluation Process (SREP)

Results of the March 2023 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

April 12, 2023

The March 2023 Survey on credit terms and conditions in euro-denominated securities financing and OTC derivatives markets (SESFOD) marks the tenth anniversary of this survey

How Long Are Tech Layoffs Going to Continue?

April 12, 2023

Layoffs in the Tech industry is a problem that has been with us since the end of 2022. And, for now, the end of the cycle is still somewhere in the future.

PRA censures Wyelands Bank Plc for breaching large exposure limits and failings in its governance, controls and risk management

April 4, 2023

The Prudential Regulation Authority (PRA) has censured Wyelands Bank Plc (Wyelands) for wide-ranging significant regulatory failings between 21 December 2016 and 28 May 2020, which spanned breaches relating to large exposure limits, capital reporting, governance and risk controls and PRA Own Initiative Requirements (OIREQs) and poor retention of WhatsApp messages.

Press Release

Orange Bank and Mambu expand partnership to France

April 4, 2023

Orange Bank today announced it will migrate to Mambu’s cloud banking platform at its head office in France based on the successful launch of Orange Bank on Mambu in Spain in 2019.

Press Release

ClearBank nearly triples YoY income to £58m in 2022 after achieving monthly UK profitability

April 4, 2023

ClearBank Ltd., enabler of bank accounts, real-time clearing, and Embedded Banking for financial institutions, today presents the results from its 2022 Annual Report revealing the bank nearly tripled income to £58m in 2022 (+173% YoY) after reaching monthly UK profitability.

Press Release

ECB gender targets: interim assessment

March 31, 2023

The European Central Bank (ECB) has achieved its interim gender targets for managers, which is particularly important for creating role models and mentoring.

Cybersecurity

What Can Banks Do To Optimise and Secure Their Data and Power Supply?

March 30, 2023

Bank systems are constantly forced to develop and adapt their security to keep client data protected from new cyber threats.

Press Release

IOSCO sets out key considerations for an effective global assurance framework for sustainability-related corporate reporting

March 28, 2023

The International Organization of Securities Commissions (IOSCO) has today published a Report on International Work to Develop a Global Assurance Framework for Sustainability-related Corporate Reporting.

Press Release

Sterling Set To Become Safe-Haven Currency For The First Time In A Decade

March 24, 2023

London-based Privalgo, the UK’s fastest growing FX and payments provider with over £4bn traded has experienced a trade surge in sterling over the last 10 days. The FX provider is now predicting sterling will once again become a safe-haven currency for the first time in a decade.

Press Release

Finaro, Mastercard, Northmill, and NMI partner to pioneer first Cloud Commerce deployment in Europe

March 23, 2023

Finaro, the global cross-border payment provider and fully licensed bank, has today announced its European Cloud Commerce deployment with payments technology company Mastercard, Nordic neobank and POS provider, Northmill,and leading full commerce enablement technology company, NMI.

Press Release

USDC developer Circle calls for Fed backing after surviving SVB collapse

March 21, 2023

Financial technology company Circle believes the collapse of Silicon Valley Bank shows the need for its USDC stablecoin to be backed by the U.S. Federal Reserve with its U.S. dollars held at the Fed.

Press Release

BankiFi and Financielle Launch Playbook Helping Business Owners Get Time Back

March 15, 2023

Manchester-based fintechs, BankiFi and Financielle have announced the joint launch of a new playbook for small-to-medium sized enterprises (SMEs), giving business owners back their most valuable asset - time.

Press Release

70% of European banks and fintechs to increase investment in financial technology over the next 18 months despite the downturn

March 15, 2023

CCgroup, the multi-award winning fintech PR and marketing consultancy, today launched research findings from “How to influence fintech buyers”, based on a survey of major banks and fintechs across five European markets. The report reveals that, despite the fintech and wider economic downturn, 70% of European financial institutions expect to increase investment in financial technology over the next 18 months.

Press Release

Finastra and Uni Systems extend collaboration to enable financial institutions to meet new risk management regulation

March 14, 2023

Vector Risk’s cloud-based regulatory and internal reporting solution on FusionFabric.cloud addresses new risk framework which will come into effect in 2025

Press Release

DTCC Launches New Centralized Communication Solution as Part of its LENS Service in Support of LIBOR Cessation

March 13, 2023

The new solution, now live, is part of DTCC’s LENS service and will support the dissemination of benchmark information for over 100,000 securities that need to be updated before the June 2023 LIBOR cessation date.

Trending

Write your email to verify subscription

Sign up for our free newsletter and receive the latest banking and fintech stories, straight to your inbox - every week