Articles with tag: bcr

Found 12 results in 171 milliseconds.

Banking Competition Remedies offers GBP 5 mln to Onfido

19 Aug 2020 | Digital Identity, Security & Online Fraud

The Board of Banking Competition Remedies (BCR) has announced it is awarding Onfido a GBP 5 million grant from the Capability and Innovation Fund Pool.

Onfido, UK, Banking Competition Remedies, financial services, SMEs, BCR, funding, KYB, digital identity, security, biometrics, fraud detection, data anonymisation, fraud prevention

Tide and ClearBank join the race for Pool E fund

04 Aug 2020 | Payments General

Fintech Tide has submitted a joint bid with ClearBank as part of Banking Competition Remedies (BCR) USD 130 million Pool E fund.

Tide, ClearBank, Pool E, fintech, Banking Competition Remedies, BCR, Pool A, banking, technology, open banking, payments, SMEs

Challenger bank Dave affected by data breach

28 Jul 2020 | Digital Identity, Security & Online Fraud

US-based challenger bank Dave has confirmed that it was the victim of a data breach that impacted up to 7.5 million customers.

Dave, challenger bank, US, United States, data breach, Waydev, TPP, bcrypt, GitHub Oath token, FBI, Crowdstrike

Trade Finance Global submits BCR bid to enhance tech

20 Jul 2020 | Payments General

Financing platform Trade Finance Global has submitted a bid as part of Banking Competition Remedies (BCR) GBP 100 million Pool E, according to AltFi.

Trade Finance Global, BCR, financing platform, Banking Competition Remedies, Metro Bank, Nationwide, grants, Starling Bank, Coconut, Equifax

UK Chancellor's announcement highlights SME's viability being shaken

16 Jul 2020 | E-invoicing, SCF & E-procurement

UK’s Chancellor has announced that is expected to allow repayment flexibility to the SMEs that have taken advantage of the Coronavirus Loan Schemes.

SME, UK, Coronavirus Loan Scheme, coronavirus, COVID-19, CBILS, Funding Xchange, loans, banks, RBS Pool E Remedies Fund, BCR, data, open banking, banking

Starling Bank seeks GBP 35 mln in competition funding

03 Jul 2020 | Payments General

Starling Bank has planned to apply for grants worth up to GBP 35 million from an EU-backed competition fund that has already awarded it GBP 100 million.

Starling Bank, competition funding, grants, EU-backed competition fund, startup bank, BCR, Banking Competition Remedies, SMEs, small business market, alternative remedies fund, Royal Bank of Scotland, UK, United Kingdom, banking market, EU state aid rules

Trade Ledger, Equifax partner to transform SME credit scoring

29 Jun 2020 | E-invoicing, SCF & E-procurement

UK-based banking platform Trade Ledger and information solutions company Equifax have partnered to bid for the BCR Capability and Innovation fund (CIF).

Trade Ledger, Equifax, SME credit score, banking platform, BCR CIF, RBS Alternative Remedies Package, loan origination, digital credit, transaction data, banks, credit history, credit bureaus, open banking, UK

Funding Xchange teams up with Enterprise Nation

29 Jun 2020 | Online & Mobile Banking

Business finance aggregator platform Funding Xchange has partnered with Enterprise Nation to implement innovation in business banking.

Funding Xchange, partnership, Enterprise Nation, BCR, banking, Banking Competition Remedies, UK, Royal Bank of Scotland, technology, Enterprise Nation Finance Portal, digital banks, challenger banks, banks

BCR extends the deadline for The Incentivised Switching Scheme

25 Jun 2020 | E-invoicing, SCF & E-procurement

Banking Competition Remedies (BCR) has extended the deadline on its EUR 249 million scheme to switch business current accounts away from RBS subsidiary Williams & Glyn. 

BCR, SME, Banking Competition Remedies, RBS, Williams & Glyn, Incentivised Switching Scheme, ISS, banks, Starling Bank, Metro Bank, Santander

Nationwide abandons move into business banking

08 Apr 2020 | Online & Mobile Banking

Nationwide, a UK-based mutual financial institution, has abandoned a move into business banking due to the impact of coronavirus.

Metro Bank, Nationwide, banking, online banking, funding, UK, Banking Competition Remedies, BCR

Banca Comerciala Romana joins Instant Payments service with Allevo's support

30 Jan 2020 | Payments General

Banca Comerciala Romana (BCR) has joined the Instant Payments service offered by TransFond, with Allevo’s support.

BCR, banking, instant payments, Allevo

Contactless system for direct payment at turnstiles revealed by Metrorex, BCR

28 Nov 2019 | Online Payments

Metrorex and local lender Banca Comercială Română (BCR) have implemented a new card payment solution in 9 subway stations in Romania’s capital, as part of a pilot program.

Metrorex, BCR, contactless system, direct payment, turnstiles, Visa, Mastercard, cards, bank, fees, issuing bank, Romania