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.
Europe
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.
Three UK banks collaborate on business banking hubs
by Graham Buck
Lloyds, Barclays and NatWest will open six shared centres for small businesses over the coming weeks.
UK ‘must maintain anti- money laundering drive’
by Graham Buck
Companies must not relax their AML standards post-Brexit to secure trade deals, says the Treasury Committee.
UK to stay in SEPA regardless of Brexit outcome
by Graham Buck
The European Payments Council agreed that the UK will remain a member of the single euro payments area.
Bank of England offers more euros to banks as Brexit date approaches
by Graham Buck
Governor Mark Carney warns that EU business are ill prepared for the fallout from a no-deal exit by the UK.
UK ‘not yet ready to go cashless’
by Graham Buck
An independent report predicts that within 15 years, cash will nonetheless account for only 10% of all payments.