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.
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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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
UK survey shows businesses inactive on late payments
by Graham Buck
One in three firms paid late failed to chase up outstanding invoices, reports Lloyds Bank Commercial Banking
SmartStream analyses intraday liquidity management
by Graham Buck
A white paper notes the move beyond reporting positions to also include actively managing and controlling intraday liquidity
HSBC launches next generation virtual accounts
by Graham Buck
The bank describes NGVAs as an innovative multi-currency solution that builds on the reconciliation benefits of virtual accounts
EMEA treasurers expect shift to non-bank services
by Graham Buck
Newer providers of services from payments to FX platforms and liquidity pools are increasingly in demand, a Finastra survey suggests
Nets, Giro partner on Hungary instant payments platform
by Graham Buck
The Nordic payment service provider sets up its instant payments platform in the country with the National Bank of Hungary subsidiary
Netherlands’ slow progress on PSD2 adoption analysed
by Graham Buck
Reports suggest the country is lagging in developing open banking, despite Dutch digital proficiency and openness to new technology
NatWest rolls out digital working capital product in UK
by Graham Buck
Rapid Cash was developed with Australian fintech Waddle Loans and offers a credit limit based on business customers’ unpaid invoices
Tink: Banks’ poor-quality APIs threaten success of PSD2
by Graham Buck
The Swedish open banking platform claims that none of the production APIs made available meet regulatory requirements on integration
EMEA treasurers foresee shift to non-bank services
by Graham Buck
The banking sector must accelerate the pace of innovation or risk losing the custom of corporate treasurers, fintech Finastra reports
More UK defined benefit pension plans are cashflow negative
by Graham Buck
Strong equity returns in 2017 and rising yields last year “helped many DB plans to move closer to their endgame,” reports Mercer
Mastercard and Scandi banks plan real-time payments platform
by Graham Buck
The global payments giant will partner with the bank-owned P27 Nordic Payments Platform on “the world’s most advanced system”
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