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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Thought Leadership
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Mayne Ayliffe Joins INFINOX as Global Head of HR
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Institutional FX
BBVA Agrees to Sell US Subsidiary to PNC Bank for $11.6 Billion
The deal is the second-largest banking acquisition in the US since the 2008 financial crisis.
Monday, 16/11/2020 | 09:31 GMT
by
Bilal Jafar
News
Sygnum Bank Enters Crypto Staking, Offers Stake Rewards for Tezos
The crypto bank now offers its clients up to 5% annual rewards for staking Tezos (XTZ).
Friday, 06/11/2020 | 14:42 GMT
by
Bilal Jafar
News
Ant Bank Launches Virtual Lender in Hong Kong
The lender is offering an interest rate of up to 2.5 percent on deposits.
Monday, 28/09/2020 | 10:23 GMT
by
Arnab Shome
Institutional FX
Bank of Ireland Takes a €669 Million Loss in H1 2020
The bank, however, is optimistic about its recent projections.
Wednesday, 05/08/2020 | 08:45 GMT
by
Arnab Shome
News
Caitlin Long’s Crypto Bank Avanti Planning for an October Launch
The bank is also developing its own digital currency.
Friday, 24/07/2020 | 07:04 GMT
by
Arnab Shome
News
Starling Bank Adds Slack, Two Others as Marketplace Partners
Marketplace now has 26 third-party service providers.
Monday, 15/06/2020 | 11:03 GMT
by
Arnab Shome
News
Caitlin Long’s Crypto Bank Avanti Raises $5 Million
The bank was registered in January and is in the process of applying for a bank charter.
Wednesday, 03/06/2020 | 06:27 GMT
by
Arnab Shome
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News
Monzo to Raise Fresh Funds with 40% Valuation Cut
The challenger bank was valued at $2.44 billion last June.
Friday, 15/05/2020 | 11:10 GMT
by
Arnab Shome
News
Alpian Raises $12.45 Million to Launch Digital Private Bank
The platform will target Swiss affluent clients with its banking services.
Wednesday, 06/05/2020 | 08:19 GMT
by
Arnab Shome
News
Silvergate Bank Faces Wire Transfer Outage
This is the second time the bank is facing a lapse in the part of its payment processor.
Monday, 23/03/2020 | 08:56 GMT
by
Arnab Shome
Payments
Square to Launch Bank in 2021 Following Merchant Lending Approval
The company also received the go-ahead from the Utah Department of Financial Institutions.
Thursday, 19/03/2020 | 10:14 GMT
by
Arnab Shome
News
Catlin Long Pushes to Form Crypto-Native Bank in the US
Avanti will be regulated as an SPDI under Wyoming laws.
Tuesday, 25/02/2020 | 09:21 GMT
by
Arnab Shome
News
LendingClub Buys US Bank Radius in a $185 Million Deal
This is the first time a US-based fintech firm took over a regulated bank.
Wednesday, 19/02/2020 | 12:52 GMT
by
Arnab Shome
News
Visa Backs B2B Payments Startup Currencycloud in $80M Funding Round
The UK-based company focuses on "embedded finance": providing payments solutions to companies rather than front-end users.
Monday, 27/01/2020 | 08:57 GMT
by
Rachel McIntosh
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News
Sterling Bank Co-Founder’s Crypto Bank to Hit the Market This Month
The services will be limited to UK-residents initially.
Thursday, 02/01/2020 | 16:40 GMT
by
Arnab Shome
News
Binance Planning to Invest in Bankrupt Union Bank: Report
The exchange is likely to receive a green light from the FMA for the acquisition.
Friday, 06/12/2019 | 10:30 GMT
by
Arnab Shome
News
Nothing New Under the Sun: The First Bank Run In the Crypto Era
Reports of inflated crypto volume have emerged as the result of a bank run in Hong Kong.
Thursday, 10/10/2019 | 07:47 GMT
by
Rachel McIntosh
News
Medici Bank will Begin Testing with Crypto Clients in October
The bank, founded by a direct descendant of the Medici family, will onboard 2-3 crypto businesses and one exchange.
Friday, 27/09/2019 | 06:05 GMT
by
Rachel McIntosh
News
Zenus Bank Gets US Regulatory Approval
Founded by Mushegh Tovmasyan, the challenger bank allows anyone to open a US bank account
Monday, 12/08/2019 | 14:58 GMT
by
David Kimberley
News
NYC-Based Quontic Bank Opens its Doors to Crypto Companies
“We’re looking to diversify our product offering and our customer mix by entering into [cryptocurrency.]"
Monday, 12/08/2019 | 05:46 GMT
by
Rachel McIntosh
Regulation
Prostitutes and Dodgy Loans: Bank of Scotland Fined £45 Million
The FCA said the firm failed to inform it of an array of fraudulent activity back in 2007
Friday, 21/06/2019 | 10:08 GMT
by
David Kimberley
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News
Banks to Invest $50 Million into Blockchain Settlement Process
A consortium of banks is already developing a similar settlement technology.
Friday, 17/05/2019 | 07:00 GMT
by
Arnab Shome
Technology
Integral Builds Mobile FX Trading Application for Arab Bank
The tech firm built an FX dealer platform for the bank in 2014
Tuesday, 09/04/2019 | 23:00 GMT
by
David Kimberley
News
Ripple vs SWIFT: Who is Going to Dominate Inter-Bank Money Transfers?
SWIFT is a 46-year old organization whereas Ripple was established in 2012.
Tuesday, 09/04/2019 | 11:10 GMT
by
Arnab Shome
Executive Moves
Revolut Confirms Appointment of Ex-Deloitte Partner Britton
The challenger bank is beefing up its governance team following accusations it failed to meet compliance standards
Tuesday, 09/04/2019 | 09:20 GMT
by
David Kimberley
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