EBA consults on revised guidelines on money laundering and terrorist financing risk factors
by Ben Poole
The updated guidelines take into account changes to the EU AML and CTF legal framework.
Europe
Infosys partners with ABN Amro on its cloud transformation journey
by Ben Poole
The renewed collaboration aims to help the bank align IT transformation with cloud strategy.
Nordea economic outlook: Proceed with caution
by Ben Poole
While certain downside risks have receded, global geopolitics continues to cast a long shadow.
Nordic outlook: Short-term relief but long-term risks
by Ben Poole
A report from SEB notes cautious regional growth set against a backdrop of political uncertainty and supply-side constraints.
Open Banking held back by lack of trust among small firms
by Ben Poole
Federation of Small Businesses (FSB) figures show a majority of business owners ‘wary’ about sharing banking data electronically.
Call for clarification on e-money definition and related fraud reporting requirements
by Ben Poole
Current definitions don't match the market reality for European payment instruments and products.
Red Deer and Cappitech partner on MiFID II reporting
by Ben Poole
The two companies are also targeting best-execution monitoring and MAR compliance.
New sustainable finance framework sets standards for financial institutions
by Ben Poole
The BIS framework is designed to align banks to global sustainability challenges.
Rabobank adopts low-code platform for online banking
by Ben Poole
The platform from Mendix is designed to bring speed and flexibility to the bank's online portal.
CashFlows, Manigo and Mastercard to offer business banking and payment solution
by Ben Poole
Companies can issue Mastercard contactless cards and current accounts under the programme.
Key challenges as banks roll out big data and advanced analytics
by Ben Poole
An EBA report suggests key safeguards to support ongoing technological neutrality across regulatory and supervisory approaches.
E-trading growth in Europe benefitting dealers
by Ben Poole
US banks show strongly in Greenwich Associates Share and Quality Leaders in European Fixed Income report.
Intesa Sanpaolo in circular economy financing for Schwarz Group subsidiary
by Ben Poole
The transaction draws on the bank’s dedicated €5bn financing facility.
Starling supercharges its small business offering
by Ben Poole
The digital bank will offer £250,000 loans, £150,000 overdrafts and a 'business toolkit'.
Lloyds to provide £18bn lending pot for UK businesses
by Ben Poole
The total matches the business lending commitment from the bank in 2019.
FCA becomes AML and CTF supervisor of UK cryptoasset activities
by Ben Poole
Any businesses undertaking cryptoasset activities is now required to register with the regulator.
ESMA report seeks fee improvements from ratings agencies and trade repositories
by Ben Poole
While the report praises good practices, there are ongoing supervisory concerns.
ING spins out advanced analytics portfolio tool
by Ben Poole
The move is designed to accelerate the growth of Katana.
FCA and Bank of England highlight power of data in financial regulation
by Ben Poole
The two organisations have outlined plans to develop their data and analytics capabilities.
CaixaBank turns to blockchain for corporate foreign trade transactions
by Ben Poole
The we.trade platform enables digital contracts to be activated and trading operations to be linked to financing or payment.
Is ‘monetary magic’ dead?
by Ben Poole
How far has central bank power waned since the global financial crisis?
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.
Sweden’s central bank developing an e-krona in a test environment
by Ben Poole
The Riksbank says the project is to broaden its understanding of the technological possibilities of a digital coin.
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.