banking

The European Central Bank (ECB) and the European Insurance and Occupational Pensions Authority (EIOPA) today published a joint discussion paper

Euro money market statistics and the €STR: Expansion of reporting population

April 21, 2023

The European Central Bank (ECB) has decided to expand the reporting population for Money Market Statistics Reporting (MMSR) by adding 24 new banks to the 47 banks currently reporting.

Banks must continue improving climate risk disclosures as new EU rules take effect, ECB report shows

April 21, 2023

The European Central Bank (ECB) today published its third assessment of the progress European banks have made in disclosing climate and environmental risks.

ECB and SRB welcome European Commission’s legislative proposals for bank crisis management and deposit insurance framework

April 18, 2023

The European Central Bank (ECB) and the Single Resolution Board (SRB) welcome the European Commission’s proposed legislative changes to the European bank crisis management and deposit insurance framework.

Press Release

ECB welcomes expert group recommendations on European banking supervision

April 17, 2023

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

Press Release

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

Banking Fintech

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.

Press Release

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.

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