US fintech Plaid rolls out services in the UK
by Graham Buck
The six years old San Francisco company, already valued at $2.7bn, is expanding across the Atlantic and opening its first UK office.
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…
Read moreChina-Latvia e-commerce hub launches in Riga
by Graham Buck
A ceremony at the Baltic Container Terminal in Latvia's capital marked the new China (Ningbo)-Latvia Cross-border E-commerce Hub.
Swift trials real-time cross border payments via Tips
by Graham Buck
The network launches a Europe cross-border instant payment test via its gpi service and the TARGET Instant Payments Settlement platform
Nordea extends we.trade blockchain platform to SMEs
by Graham Buck
Nordea is opening up the co-developed platform to smaller businesses after pilot customers used it for the first live trades last July.
UK investors ‘say corporate bonds overvalued’
by Graham Buck
Nearly three in four gave the verdict, while many consider government bonds to also be overvalued, reports CFA UK.
Dutch group Volt offers single access point to open banking
by Graham Buck
The Netherlands-based open banking specialist promises access to more than 4,000 Europe banks via a single API.
Sberbank Croatia picks Token.io to progress open banking
by Graham Buck
The Russian bank’s Eastern Europe subsidiary is integrating Token OS into its banking infrastructure to achieve PSD2 compliance.
Seventeen UK companies rapped for late payments
by Graham Buck
Rolls-Royce, Balfour Beatty and Persimmon are among those suspended or removed from the government’s Prompt Payment Code.
Stripe’s billing product makes debut in Europe
by Graham Buck
The US online payments platform provider says that Stripe Billing can help European businesses of all sizes get paid faster.
MiFID II seen as improving market access to liquidity
by Graham Buck
Since the new directive was introduced in 2018, Electronic Liquidity Provider systematic internalisers have transformed the market.
Commerzbank, Raisin partner on savings platform for corporates
by Graham Buck
The Berlin-based fintech says that it will be able to offer the bank’s corporate clients attractive savings rates.
Facebook pulls plug on P2P service in UK and France
by Graham Buck
The service that enables money transfers via Messenger in both countries will be discontinued from June 15.
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.
JP Morgan adds Sepa Instant to real-time payments offering
by Graham Buck
The US banking group describes the move as the latest step in offering the service globally.
EC renews efforts to persuade banks to join TIPS instant payments
by Graham Buck
Commission vice president Valdis Dombrovskis has criticised banks’ reluctance to make use of the EU’s real-time payments infrastructure
Deutsche Bank, Serrala release API solution for instant payments
by Graham Buck
The bank’s first API for Sepa instant payments launches in an initiative with the fintech software group formerly known as Hanse Orga.
Turkey’s move to support lira pressures banks
by Graham Buck
Efforts to prevent a further slide in the currency risk reducing banks’ ability to lend and pushing the country deeper into recession.
Saxo Bank warns of European economic headwinds
by Graham Buck
In its outlook for Q2 of 2019, the Danish online trading specialist sees the next two years as crucial for Europe’s evolution.
Businesses say Brexit preparations tougher than Y2K
by Graham Buck
A survey of executives finds that the challenges of the Millennium Bug were less than those of Britain’s departure from the EU.
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.
Russia promotes alternative to Swift
by Graham Buck
The threat of Western sanctions has seen the country working on its own rival financial messaging network for the past five years.
Vodafone accused of profiting from late payments
by Graham Buck
The telecoms giant, which takes up to seven weeks to pay suppliers, is reported to invest in a Swiss fund that profits from the delay.
UK fintech Avrium launches cash flow platform
by Graham Buck
The Edinburgh-based company’s online platform aims to help small businesses and start-ups.
Swift gpi for cross-border payments adds six Spanish banks
by Graham Buck
The sextet represents 85% of the cross-border payments market in Spain.