banking

The Bank of England (Bank), in consultation with the Prudential Regulation Authority (PRA), HM Treasury (HMT) and the Financial Conduct Authority (FCA), has taken the decision to sell Silicon Valley Bank UK Limited (‘SVBUK’), the UK subsidiary of the US bank, to HSBC UK Bank Plc (HSBC).

Press Release

Alba becomes Scotland’s first ever bank for SMEs

March 9, 2023

Scotland’s first bank solely dedicated to small and medium sized business lending has been granted a banking licence by the UK Prudential Regulatory Authority (PRA) and the FCA.

Press Release

Yapily and Zilch Strike Groundbreaking Partnership to Bring Affordable Credit Solutions to Millions

March 9, 2023

Open banking platform Yapily and payments technology company Zilch have agreed a groundbreaking partnership that will provide millions of people with better access to 0% interest swift repayment credit.

Press Release

Finastra’s ESG Service will support banks in delivering a sustainable lending experience to corporate clients

March 9, 2023

Finastra today announced the availability of its ESG Service, a cloud-native SaaS solution that streamlines sustainability-linked lending. Open and scalable, ESG Service facilitates the integration of sustainability performance target criteria into ESG pricing for both Finastra Loan IQ and other back-office systems in the market.

Press Release

HMBradley partners with Thought Machine to usher in the future of banking

March 8, 2023

HMBradley’s partnerships with New York Community Bank and Thought Machine provide the ability to scale to meet consumer demandand offer more innovative products faster than ever before more innovative products faster than ever before

Press Release

Intergiro Partners with Retreeb to Launch Innovative Sustainable Payment Solution

March 8, 2023

Intergiro, a leading European Banking as a Service (BaaS) platform based in Sweden, announces its partnership with Retreeb, a Swiss payment solution empowering consumers to support social causes.

Banking Europe Hot News News

Wirecard: The Greatest Corporate Swindle In German History, But What Happened Next?

March 8, 2023

The Wirecard fraud was the largest corporate fraud in the history of Germany. But did Germany's other financial institutions cope?

Press Release

LSEG partners with Mastercard to enhance digital identity and fraud solutions for customers

March 7, 2023

Single uniform platform solution authenticates account ownership, enables financial institutions to expand and modernize their account verification capabilities while reducing risk of fraud

Press Release

Fintech leaders to debate industry future in Parliament

March 7, 2023

The event, entitled The Future of Fintech is organised by the Parliament Street think tank and chaired by former business minister Dean Russell MP and will take place on 20th March 2023.

Press Release

Launching Neobank in One Day? Velmie and ConnectPay Join Forces to Offer End-to-End Digital Banking Solution

March 7, 2023

With Velmie, providing white-label banking software, and ConnectPay, offering banking-as-a-service (BaaS), fintechs will be able to launch new financial offerings — or an entirely new neobank — in a matter of days, using a single technological solution.

Banking Events Fintech North America

Future Digital Finance Focus On Customer Experience

March 6, 2023

PSD2 and GDPR have been frontrunners in bringing digital innovation to European financial institutions. At the same time there remains a reliance on cash in the U.S.

Press Release

Looking through a glass onion: lessons from the 2022 LDI intervention − speech by Andrew Hauser

March 3, 2023

Today, Andrew Hauser has spoken on lessons from the 2022 LDI intervention, at the Initiative on Global Markets’ Workshop on Market Dysfunction, the University of Chicago Booth School of Business

Press Release

Bank of England announces supervisory action on LME Clear

March 3, 2023

In April 2022, the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA), and the Bank of England (the Bank) 1 issued a joint statement regarding the London Metal Exchange’s (LME) decision to suspend trading on its nickel market on 8 March 2022 and cancel trades.

Press Release

Thought Machine to increase global headcount by more than 20% in next phase of growth plans

March 1, 2023

hought Machine, the cloud-native banking technology company, today announces the next phase of its expansion plans, in which it will increase its global headcount by more than 20% in 2023.

Europe News Press Release

The cost of living − speech by Andrew Bailey

March 1, 2023

The latest release of data for the UK consumer price index showed an annual increase of 10.1% in January. It is down from a peak of 11.1% in October, not least because direct effects from energy prices have eased. But also, core inflation, which excludes the most volatile components of the consumer price index, fell more than expected to 5.8% in January.

Banking Press Release

Neo-Banks Vs Traditional Banking: The Difference you Should Know

February 28, 2023

Neobanks are online banks that are super convenient. When compared to the traditional methods of banking, neobanks have created a huge difference.

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