banking

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.

Press Release

Statement on Silicon Valley Bank UK

March 13, 2023

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.

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