BoE governor: Many firms ‘unready for no-deal Brexit’
by Graham Buck
Mark Carney believes three in four UK businesses have done as much as they can, but 150,000 firms would be unable to export
Bank Relations & KYC
Background
Bank relationships are vital. Bank Relationship Management (BRM) is a major task in any corporate treasury department and covers many other staff around the company. Often large companies use hundreds…
Read moreTurkey introduces cheaper liquidity facility
by Graham Buck
The Central Bank of Turkey announced earlier this week that primary dealer banks would be able to access cheaper funding
JP Morgan extends cross-border digital payments to China
by Graham Buck
The new service makes the US giant the first foreign bank in China to digitise and automate cross-border payments of goods
HSBC executes innovatory dual platform blockchain transaction
by Graham Buck
Complementary distributed ledger networks brought together for the first time in the Middle East connect Hong Kong and the UAE
Poland’s Alior Bank uses blockchain for document authentication
by Graham Buck
The Warsaw-based bank will allow customers to check on their authentication and integrity using the public ethereum blockchain
Bottomline partners with Starling Bank on real time payments
by Graham Buck
The new 24x7 service will enable banks and corporates to send, receive and track payments in real-time to any UK bank account
New Zealand readies for era of open banking
by Graham Buck
The Bank of New Zealand, one of the country’s big four, outlines its approach as the country slowly progresses towards the new regime
Reserve Bank of Australia chivvies banks on payments
by Graham Buck
The regulator accuses the country’s big four of dragging their heels on opening up the country’s New Payments Platform
Twelve banks join Acin operational risk management platform
by Graham Buck
The regtech start-up said Credit Suisse, Standard Chartered and Société Générale are among the dozen to have signed up
FreeAgent secures open banking data links with UK big banks
by Graham Buck
The Edinburgh-based cloud-based accounting software specialist will link banking data from the so-called CMA9 lenders
African Development Bank steps up digital financial inclusion drive
by Graham Buck
The Africa Digital Financial Inclusion facility aims to develop digital financial transactions across the continent
HSBC earmarks US$880m for Hong Kong tech start-ups
by Graham Buck
The GBA+ technology fund will offer senior debt financing to top up funding from venture capital and private equity firms
Kyriba flexes its muscles after Bridgepoint deal
by Graham Buck
The cloud treasury and financial solutions provider sketched in some background detail to its busy first half in 2019.
Sweden’s Riksbank plans to join ECB instant payment scheme
by Graham Buck
The country is likely to sign up to the Target Instant Payment Settlement (TIPS) system for real-time payments, launched last November.
Ripple eyes South America expansion with Brazil launch
by Graham Buck
The real-time payments specialist revealed a key hire made earlier this year as it looks to develop business in the region
Swiss regulator fines five banks €90m for FX cartel
by Graham Buck
Traders at Barclays, JP Morgan, Citigroup, MUFG and Royal Bank of Scotland were found guilty of collusion by Weko.
UniCredit to work with FinDynamic on dynamic discounting
by Graham Buck
The bank is taking a minority stake in the Italian fintech start-up and will offer dynamic discounting to iUniCredit clients.
Fraudsters target Australia’s instant payments system
by Graham Buck
Westpac, one of the country’s big four banks, revealed that its PayID lookup function had been infiltrated.
IFC and HSBC aim to galvanise green bond market
by Graham Buck
The Real Economy Green Investment Opportunity (REGIO) is promoted as the first global green bond fund.
PayFi, The Clearing House partner on US real-time payments
by Graham Buck
The partnership promises to bring real-time payment capabilities to community banks across America.
Netherlands central bank concerned by financial stability threats
by Graham Buck
The prolonged era of low interest rates offers little incentive for reducing debt loads, warns De Nederlandsche Bank (DNB).
Mastercard launches Open Banking Solutions suite
by Graham Buck
The four applications and services, initially focusing on the UK and Poland, aim to support the growth of open banking across Europe.
Bank of America warns trade wars to dent US corporate profits
by Graham Buck
The bank’s top stock strategist warns clients that the S&P 500 has yet to reflect the impact the US-China trade dispute may have on ear
Banks’ online portal seeks to drive fintech collaboration
by Graham Buck
Israel’s Bank Leumi, North America’s CIBC and National Australia Bank pool resources as part of an international banking alliance.