Articles with tag like: BCR

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Banking Competition Remedies offers GBP 5 mln to Onfido

News | Digital Identity, Security & Online Fraud | 19 Aug 2020

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

News | Payments General | 04 Aug 2020

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

Trade Finance Global submits BCR bid to enhance tech

News | Payments General | 20 Jul 2020

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

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

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

News | Payments General | 03 Jul 2020

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

Funding Xchange teams up with Enterprise Nation

News | Online & Mobile Banking | 29 Jun 2020

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

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

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

News | Online & Mobile Banking | 08 Apr 2020

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

News | Payments General | 30 Jan 2020

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

News | Online Payments | 28 Nov 2019

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