Found 39 results in 968 milliseconds.
UK-based fintech Fnality has announced its intention to expand its blockchain-based payment system in the US after its launch in the UK.
expansion, blockchain, payment system, crypto, banks
Revolut has announced a share deal with SoftBank to eliminate difficulties with its UK licence.
mobile banking, online banking, banking license, financial services, fintech, regulation
Bank of England has released its updated report on climate risks and the regulatory capital framework, to offer an overview of the situation for banks and FIs.
product upgrade, product launch, online banking, digital banking, mobile banking, risk management, fraud management
The Bank of England’s Prudential Regulation Authority has revealed its plans to change the capital treatment for small business lending.
SME lending, banks, banking, regulation
The Bank of England and HM Treasury have published a new paper that explores the introduction of a central bank digital currency.
cryptocurrency, CBDC, banks, digital assets
Information and insights company TransUnion has partnered Fiinu Bank to enable its overdraft solution with TransUnion’s Open Banking capabilities and credit reference data.
partnership, banking, Open Banking, financial data, data analytics, financial inclusion, overdraft
The Bank of England has opened applications for a proof-of-concept CBDC wallet that would be able to hold a central bank digital currency (CBDC).
CBDC, central bank, cryptocurrency, digital assets
In a discussion paper, the UK financial supervisory authorities have assessed the benefits, risks, and harms related to the current legal framework that applies to AI in financial services.
artificial intelligence, machine learning, financial services, regulation, banks
UK-based fintech Fiinu has selected Estonia-based Tuum as the main banking platform to power its Plugin Overdraft solution.
fintech, Open Banking, credit scoring, bank account
Atom Bank, a UK-based neobank, has committed to the Standards of Lending Practice for business customers, aiming to protect small and medium enterprises.
banks, neobanks, SMEs, credit card, regulation
UK-based fintech group Fiinu has obtained its deposit-taking bank license from the Bank of England (BoE).
banking license, fintech, lending, bank account
The Bank of England (BoE) has released a survey revealing UK credit card borrowing soaring by most since 2005 as cost-of-living margins tighten.
credit card, credit scoring, lending, financing
Mark Sutton from Zanders and Edward Ireland from Bottomline Technologies run us through all we should expect from ISO 20022, including benefits and timelines
ISO 20022, Bottomline Technologies, financial institutions, corporates
The Bank of England (BoE) has renewed the Statement of Commitment to the FX Global Code ‘Code’ based on the revised code dated July 2021.
central bank, regulation, marketplace, banks
The Bank of England and the UK Treasury department have announced that PayPal, Amazon, and Visa will be among the corporate representatives participating in two advisory groups that are exploring a possible Central Bank Digital Currency.
Visa, banks, digital currency, CBDC
Amazon, Google, and other tech companies providing cloud computing to banks in Britain may have to comply with minimum resilience standards and testing.
Bank of England, central bank, cloud services, TPP
data, Suade, regulation, data analytics, digitalisation
‘We can do better than build back the pre-pandemic world – we can build forward to a world that is more resilient, sustainable, and inclusive. We must seize this new Bretton Woods moment’ Kristalina Georgieva, IMF Managing Director, Washington, DC on 15th October 2020
central bank digital currency, CBDC, COVID-19, payments digitalisation, Libra, cross-border payment, cryptocurrencies, tokens, stablecoins, reserve currency, SWIFT, fiscal stimulus, Fed, interest rates, Central banks, commercial banks, BIS, IMF
A group of seven major central banks including the US Federal Reserve have discussed how a digital currency could look like to help catch up with Facebook’s Libra and China’s digital yuan.
Central banks, CBDC, Bank of England, digital renminbi, Facebook Libra, US Federal Reserve
‘Choices around the technology used for CBDC are important as they would have a significant impact on the extent to which CBDC meets our overall objectives’, The Bank of England
central bank digital currency, Lars Arvidsson, eCurrency, Bank of England, DLT, digital wallets, Central banks, commercial banks, Digital Secure Currency, payment cards, Mobile Money wallets