The positive impact of going negative
Find out how and why fintech companies should be going carbon negative.
Corporate & Commercial Banking
ECB hands banks €851m in first round of PELTRO funding
This is the first of ECB’s “pandemic emergency longer-term refinancing operations” plan.
Brex lands $150m to continue small acquisition spree
In March, Brex acquired three San Francico-based start-ups.
Banks investigate sales push linked to corporate loans
Barclays, Deutsche, HSBC and Santander among lenders conducting internal reviews.
Jack Ma resigns from SoftBank Group’s board of directors
SoftBank reported an annual operating loss of JPY 1.36 trillion ($13bn).
Oracle gains three new Flexcube customers in Nigeria, Thailand, and Laos
Technology vendor also reveals 13 go-lives for Q4 2020.
Aegean Baltic Bank of Greece selects Wolters Kluwer’s OneSumX
The bank picks Wolters Kluwer to meet Basel IV and CRD V requirements.
Commonwealth Credit Union picks Jack Henry to automate lending
The Kentucky-based CU wants to boost its lending capabilities.
Banking Technology May 2020 issue out now
Hope springs eternal: discovering alternative lending in times of crisis.
Modulr lands £18.9m in growth funding to fuel market expansion
The latest investment takes Modulr’s total funding received to £53.3 million.
Truist Financial selects TSYS for payments processing
Newly merged commercial bank kicks on with its tech deployment.
Webinar: Digitising the commercial lending process in times of crisis
How to support business clients now, when they need it the most, with an expedited digital lending process.
BHD Leon picks Temenos Transact to power geographic expansion
The Dominican bank is aiming for a wholesale digital transformation.
Only the best wealth management CRM can meet today’s regulatory challenges
It is not possible to overplay the economic and reputational importance of compliance.
What the Fintech? Episode 4 | Partnerships: till death do us part
Sean Hunter CIO at OakNorth, offers his advice to companies struggling to make a partnership work.
ABA unveils suite of core banking selection resources
US association continues campaign to diversify core banking market.
Tide picks Mambu to power credit facilities and overdrafts
Tide is revamping its customer offerings and adding new functionality with Mambu.
Bankers blindsided by £50K loan limit under UK bounce back scheme
Senior bankers had worked over the weekend on the basis that the ceiling would be £25k.
JP Morgan picks Taulia for supply chain finance boost
US bank aims to improve customer experience on the corporate side.
HSBC freezes redundancy plans as COVID-19 hits $6bn overhaul
London-headquartered bank releases Q1 earnings with stark warning for Europe.
US banks roll back lending to European companies
“We are increasingly observing an ‘America first’ attitude among large US banks.”
Barclays launches CLBIL scheme amid coronavirus
Barclays is extending its support to businesses not covered by CBILS or CFF.
University of Oxford & Mastercard team up on cyber skills programme
It will feature research, content and data from renowned academics and industry leaders.
Webinar: Swift gpi is a chance for payments modernisation
Opportunities beyond meeting the minimum exist for banks embracing gpi.
Webinar: Getting reconciliation right in the ‘decade of data’
A blueprint for consolidating, automating and driving efficiency across reconciliation.
Glafka Capital implements Valk’s Corda-based solution
R3’s Corda platform underpins 40 other investment banks.
Jumhouria Bank goes live on SmartStream cash reconciliation system
Libya’s largest bank signed for the platform back in July 2018.
Varo Money takes on Moven’s consumer accounts
Accounts with Moven will shut on 30 April 2020.
The rise of P2P FX
P2P initiatives aimed at helping corporates transact more efficiently will continue to gain traction.
Swift cancels Sibos amid COVID-19 crisis
Delegates that had signed up to attend will be offered a full refund.
Avaloq extends Actico partnership to integrate compliance tech
Swiss technology vendor to embed compliance solution into its platforms.
Previse bags $11m from Mastercard and Reefknot Investments
In the next five years, Previse wants to get five million suppliers paid instantly.
PayTech Awards deadline extended! Submit your entry by 30 April
We have received more requests for extensions than ever before, so we are extending the entry deadline again until the end of April.
2020 Review: Top 10 core banking go-lives this quarter
Looking back at some of the most interesting core-banking go-lives this quarter.
French markets regulator backs extension of short-selling ban
“I would probably be in favour of extending [the ban],” says chairman of the AMF.
RBS axes 130 jobs from investment banking arm despite coronavirus uncertainty
Trade unions have criticised RBS’ choice to lay off workers amid the crisis.
HSBC reports money laundering breaches in Australia subsidiary
The breaches involved small amounts of cross-border foreign currency transactions.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
Rangewell calls for Nationwide’s returned £50m to go towards COVID-19 effort
Business finance firm says the bank has abandoned finance plans “when they are most needed”.
Liberty National Bank signs up Teslar to boost commercial lending
The Oklahoma-based bank aims to stand out from the crowd.
