Samsung ‘developing own blockchain network’
by Graham Buck
The South Korean electronics group is reportedly working on several projects based around the new technology.
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 moreSingapore study sees automation displacing bank jobs
by Graham Buck
Many roles across the city state’s financial services industry are set to be automated before 2025.
China’s EXIM Bank makes $37bn in green loans
by Graham Buck
The Export-Import Bank of China had lent more than 250 billion yuan to green industries by the end of 2018.
Unisys prepares Elevate platform for open banking
by Graham Buck
Originally launched two years ago, the new version of the digital banking software platform has key components for the new era.
HSBC and Walmart launch green finance initiative
by Graham Buck
The US retail giant is joining with the bank to target carbon cuts in its supply chain.
Citi adds biometric authentication for Apac business clients
by Graham Buck
The bank’s institutional clients in China, India, Singapore, Thailand and Vietnam can access the new facility.
India’s NPCI bank consortium examines blockchain
by Graham Buck
The National Payments Corporation of India will review the potential of distributed ledger technology to improve digital transactions.
AI platform assesses impact of Brexit
by Graham Buck
A growing number of financial services companies are opening European offices or relocating from the UK, reports Talent Ticker
BoE governor: banks must ‘raise the bar’ on climate change
by Graham Buck
Mark Carney and the governor of France’s central bank say that banks and insurers must to more to avert catastrophe.
Hungary’s central bank aims to boost corporate bond market
by Graham Buck
The National Bank of Hungary’s deputy governor wants to double or even triple its size.
Standard Bank works with ICC on best practice for trade finance
by Graham Buck
The African bank says an “important milestone” in developing a sustainable trade finance framework has been reached.
Big investment and job losses ahead as banks sector embraces AI
by Graham Buck
The business value to the industry of artificial intelligence is expected to reach $300bn by 2030 but it will shed millions of workers.
Basel Committee issues a consolidated version of its standards
by Jack Large
New tutorial explains the features of the Basel Committee's new framework
BNY Mellon forms tech alliance with BlackRock
by Graham Buck
By integrating customer data with each other rather than competing, both groups are aiming to boost growth.
Barclays launches £14.7bn Brexit fund for SMEs
by Graham Buck
The lending package will last for three years and will also provide over 100 Brexit clinics and seminars across the UK.
Deutsche Bank-Commerzbank union ‘risks negative side effects’
by Graham Buck
Both Qatari shareholders and a German economics expert are sounding alarm bells over the proposed merger of the two banks.
Standard Bank partners with Amazon for cloud migration
by Graham Buck
The South African banking group will use Amazon Web Services to automate its financial operations.
Replacement still elusive as Libor’s end nears
by Graham Buck
The demise of the London InterBank Offered Rate in 2021 steadily approaches, but which benchmark will replace it remains unclear
Deutsche Bank joins China’s NetsUnion network
by Graham Buck
The NUCC has quickly established itself as a main component of the country’s financial infrastructure system.
HSBC reveals more detail on ‘Project Iceberg’
by Graham Buck
Plans for a stand-alone digital bank aimed at SMEs to counter competition from online rivals were first revealed last September.
IBM blockchain and Stellar partner on cross-border banking
by Graham Buck
IBM Blockchain World Wire aims to accelerate foreign exchange, cross-border payments and remittances.
New liquidity test for Jamaica’s banks
by Graham Buck
The island’s central bank said that elements of both the Basel II and III capital frameworks will be introduced.
JP Morgan Chase opening 90 new US branches this year
by Graham Buck
The banking giant aims to step up competition with rivals Bank of America and Wells Fargo.
Three UK banks collaborate on business banking hubs
by Graham Buck
Lloyds, Barclays and NatWest will open six shared centres for small businesses over the coming weeks.