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
Europe
European fintechs marshal forces on PSD2 issues
by Graham Buck
The European Third-Party Provider Association is a non-profit body to represent them on Payment Services Directive issues.
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.
Nestlé and Carrefour employ blockchain to track product
by Graham Buck
The Swiss food giant and the French supermarket chain will track the supply chain of popular mashed potato brand Mousline.
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.
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.
Brexit uncertainty spurs demand for exchange-traded funds
by Graham Buck
Worries about a possible US economic downturn have been a further spur for ETF investors.
EU blockchain alliance launch attracts over 100 members
by Graham Buck
The formation International Association of Trusted Blockchain Applications (INATBA) was marked by a ceremony in Brussels.
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.
Klarna launches open banking platform
by Graham Buck
The Swedish banking group said that open banking platforms will enable banks and fintechs to personalise their offerings.
Banks run trade finance pilot on Marco Polo blockchain
by Graham Buck
Germany’s Commerzbank and LBBW used the international trade finance network for digital data transfer.
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.
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.
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.
APEXX global payments marketplace launches in Russia
by Graham Buck
The single marketplace for global payments announced that Russia’s three largest banks are now part of its network.
Norsk Hydro cyberattack exposes supply chain fragility
by Graham Buck
Central technology and automation have become crucial to the metals and mining industry, but also makes companies vulnerable to attack.
Regulatory headaches move to top of treasury risk agenda
by Graham Buck
A survey conducted in North America and Europe suggests that it has become a bigger worry than trade disputes and fraud.
Europe’s PSD2 ‘could re-direct fraud to other regions’
by Graham Buck
The European Union’s stricter requirements for prevention could result in more fraud in the US and elsewhere, claims a report.
UK considers new options for infrastructure funding
by Graham Buck
Chancellor Philp Hammond said the consultation will look at how to support investment after the UK loses EIB financing.