Articles with tag like: financial crisis

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Citi, JP Morgan, and State Street invest in fintech Capitolis

News | Payments General | 11 Sep 2020

JP Morgan, Citigroup, and State Street have invested USD 11 million in Capitolis, a US-based technology startup that seeks to help banks use capital more efficiently, according to Reuters.

Citi, JP Morgan, State Street, Spark Capital, Index Ventures, Sequoia Capital, Capitolis, fintech, startup, Reuters, US, United States, banks, capital, software, capital markets, liquidity, financial institutions, trading, financial crisis, risky trades, capital banks, residual trades, derivatives portfolios, investors

US-based Upgrade secures USD 40 mln funding with help from Santander

News | Payments General | 18 Jun 2020

Alternative lender Upgrade has raised a USD 40 mln Series D funding round from investors including Santander InnoVentures.

upgrade, Santander, Santander InnoVentures, US, funding, extended credit, alternative lender, non-bank, loans, credit cards, Union Square Ventures, Ribbit, Vy Capital, Silicon Valley Bank, Ventura Capital, Uncorrelated Ventures, financial crisis

RBS sees rise in profits after renaming as NatWest

News | Payments General | 14 Feb 2020

RBS has reported a 27% rise in pre-tax operating profit for 2019 to GBP 4.2 bln as management announced renaming the bank NatWest.

RBS, Royal Bank of Scotland, NatWest, rebranding, banking, profit, bank, incumbent bank, financial crisis, UK, United Kingdom

Central German bank cautions over rolling digital central bank money

News | Cryptocurrencies | 30 May 2019

Bundesbank President Jens Weidmann has warned central banks to exercise caution in introducing digital currencies that could potentially destabilise the financial system during times of crisis.

Bundesbank, digital money, cryptocurrency, banks, financial crisis, Germany

BIS annual report pleads for tighter rules in fintech

News | Payments General | 19 Jun 2018

Bank for International Settlements has announced that regulations introduced after the 2008 financial crisis should extend to fintech and asset management.

Bank for International Settlements, report, fintech, regulations, asset management, financial crisis, payments, shadow banks