Starling supercharges its small business offering
by Ben Poole
The digital bank will offer £250,000 loans, £150,000 overdrafts and a 'business toolkit'.
Cash & Liquidity Mngm in Europe
Background
Banks and other suppliers in Europe offer some of the most advanced cross-border liquidity management solutions available today. There are now several locations in Europe for managing global…
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UK’s Johnson to give financial markets the willies?
by Ben Poole
deVere Group cautions investors that Brexit's market impact could rumble on well into the new decade.
EBA Clearing provides specifications for a pan-European request to pay infrastructure solution
by Ben Poole
The specifications have been created with the support of 27 financial institutions from 11 countries.
Metro Bank enables cash to remain king for UK SMEs
by Ben Poole
MCash solution enables companies to order cash pick up and drop off to their premises.
EBA confirms progress in banks’ balance-sheet repair but paints bleak outlook for profitability
by Ben Poole
The report finds solvency ratios remaining stable for EU financial institutions.
Barclays opens transaction banking branch in Luxembourg
by Ben Poole
The branch will provide transaction banking services to international corporate clients and financial institutions.
MarketInvoice increases credit facilities to support larger businesses
by Ben Poole
Its Corporate Solutions team will support larger businesses with turnover between £5-50m.
EBA Clearing begins development of pan-European request to pay infrastructure solution
by Ben Poole
The delivery of the solution is supported and funded by 26 financial institutions from 11 countries for a go-live in 2020.
Elavon index finds UK SMEs have positive business outlook
by Ben Poole
SMEs are confident on growth despite challenges of Brexit, cash flow and customer retention.
Scope Ratings says ECB deposit-rate tiering no panacea for bank profitability
by Ben Poole
A report from the ratings agency highlights the impact that rate reductions are having on European financial institutions.
Concardis launches card acceptance platform for merchants
by Ben Poole
The digital product is targeted at SMEs in the DACH region.
Nordea economic outlook sees a time of fear
by Ben Poole
The report suggests that Sweden and Finland are in for the roughest time as a result of the current economic headwinds.
B-North works with Mambu and nCino to build UK SME bank
by Ben Poole
The collaboration pulls together a SaaS banking engine and a cloud-based loan and deposit origination platform.
Survey reveals UK fintech founders concerns for the industry
by Ben Poole
The research reveals the biggest challenges the sector is facing, and the steps government could take to support fintechs.
Danish businesses turning away from cash
by Ben Poole
Survey finds electronic payments in Denmark are increasingly popular.
Survey confirms inspiration hits SMEs in the middle of the night
by Ben Poole
With the limits of unsecured digital lending increased, SMEs can apply for a loan to support new ideas at any time of day.
HSBC expands pan-European commercial cards to nine currencies
by Ben Poole
Six additional European currencies have been added to the existing euro, US dollar and pound sterling capabilities.
29% of UK SMEs likely to switch main bank account in next five years
by Ben Poole
Survey finds SMEs increasingly happy to switch their main account to a challenger bank.
ForgeRock releases open banking and PSD2 accelerators
by Graham Buck
The management software identity and access software specialist is accompanying the launch with an on-demand webinar
Russia’s finance ministry ‘seeks delay of Basel III reforms’
by Graham Buck
Finance minister Anton Siluanov wants Russia's central bank to hold off requiring banks to boost their capital buffers, says Reuters
Starling Bank moves further into business banking
by Graham Buck
The UK digital bank is opening up its business account to more SMEs as it steps up a challenge to the country’s Big Four
More UK companies named and shamed as late payers
by Graham Buck
BAE Systems, Centrica and Prudential are among 18 businesses deemed as unethical for late payments to suppliers
UK uptake of open banking ‘hampered by PSD2’
by Graham Buck
A report by advisory firm Fingleton Associates finds that progress has been made, but more is needed for open banking to gain traction
Market volatility widens FX losses for North American companies
by Graham Buck
Four consecutive quarters of increasing losses saw the figure climb to US$23.4bn in the first three months of 2019, reports Kyriba