Prelim Selected to Demo at FinovateSpring
SAN FRANCISCO, May 9, 2022 – Prelim, a leading fintech provider optimizing digital banking experiences for financial institutio..
Finance
Finance
Stocks slide on growth fears, oil tumbles
By Sinéad Carew NEW YORK (Reuters) – Stock indexes around the world fell sharply on Monday and the dollar reversed course after ..
Finance
Bitcoin falls to 22-month low as stock markets tumble
By Alun John and Elizabeth Howcroft HONG KONG / LONDON (Reuters) -Bitcoin fell to its lowest level since July 2021 on Monday as slumpi..
Finance
BoE’s Saunders worries inflation will be higher than forecasts
By David Milliken and William Schomberg LONDON (Reuters) -Bank of England policymaker Michael Saunders, who called in vain for a big i..
Finance
Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules
By Brenna Hughes Neghaiwi ZURICH (Reuters) -Lawmakers blocked a bid to overhaul strict Swiss banking secrecy rules on Friday in a blow..
Finance
Rouble weakens sharply from over 2-year high vs euro before long weekend
(Reuters) -The Russian rouble dropped sharply on Friday, pulling back from a more than two-year high against the euro as the spectre o..
Finance
U.S. rate outlook hits stocks, propels dollar to 20-year highs
By Carolyn Cohn LONDON (Reuters) – U.S. stock futures were indicating a lower open on Friday following a slide in the previous s..
Finance
Stocks tumble on inflation fears, Treasury yields jump
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – U.S. Treasury yields rose and a gauge of global equity markets slumpe..
Finance
BoE flags risk of recession and 10% inflation as it raises rates again
By David Milliken, William Schomberg and Andy Bruce LONDON (Reuters) -The Bank of England sent a stark warning that Britain risks a do..
Finance
NFTs and Rewards Programs in Real Estate
By Oscar Brito,CEO, Metrospaces According to CNBC, NFT sales hit $17.6 billion in 2021, a 21,000% increase from 2020. Additionally, t..
Finance
Dollar slips before expected Fed rate hike
By Karen Brettell NEW YORK (Reuters) – The dollar fell against a basket of currencies on Wednesday ahead of the outcome of a Fed..
Finance
Just Eat Takeaway faces shareholder backlash over dealmaking
(Reuters) – Just Eat Takeaway.com NV board was under fire on Wednesday from investors at its AGM who criticised its dealmaking a..
Finance
How Businesses Can Save On Rising Insurance Costs
The government has warned that with the fallout from the war in Ukraine and energy prices constantly rising – inflation could be..
Finance
Stocks rise, U.S. yields slip as markets await Fed rate hike
By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) -A gauge of global equity markets edged higher on Tuesday while 10-year U.S..
Finance
Engageware Launches ‘Engage with Bankers’ Community for Financial Institutions
New forum is a strategic resource for banking professionals to share industry best practices, collaborate and network TEWKSBURY, Mass...
Finance
European Payments Initiative Size-Down: Reasons Behind Half Member Banks’ Opt-Out and New Strategic Goals
Initially backed by 31 major Eurozone banks, the EPI has abandoned its agenda of creating a pan-European payments scheme, rivaling glo..
Finance
Dollar on track for best month since 2015
By Karen Brettell NEW YORK (Reuters) – The dollar slipped from 20-year highs against a basket of currencies on Friday but remain..
Finance
Nium Signs Definitive Agreement to Acquire Alternative Payments Network Platform, Socash
Acquisition combines Socash’s technology for local payment acceptance with Nium’s global platform for money movement network for a mod..
Finance
Analysis-Banks lag bond yield surge as recession worries trump cheap valuations
By Danilo Masoni MILAN (Reuters) – Expectations of rising interest rates have failed to lift valuations of European bank shares ..
Finance
Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan
By Karen Brettell NEW YORK (Reuters) – The dollar hit a 20-year high against rivals on Thursday as the Bank of Japan doubled-dow..
Finance
Closer U.S. ties would ‘reboot’ UK finance after Brexit, says report
By Huw Jones LONDON (Reuters) -Britain should move further and faster in reforming its financial rules to ‘reboot’ after B..
Finance
Finance
Harnessing fintech to connect investors and developers across Europe
Harnessing fintech to connect investors and developers across Europe
By: Mihkel Stamm, Chief Operating Officer, Estate guru Only a couple of decades ago it would have been almost inconceivable to have retail inv..
Finance
Analysis-Euro peers over the cliff at dollar parity as recession looms
By Saikat Chatterjee LONDON (Reuters) – The euro’s drop to a five-year low is rekindling the possibility the currency will..
Finance
BoE set to walk the line between inflation and recession
By William Schomberg LONDON (Reuters) – The Bank of England next week will try to walk what Governor Andrew Bailey calls a ̶..
Finance
Economic growth risks jolt inflation-obsessed markets
(Refiles to fix date to April 27 not April 26) By Sujata Rao and Dhara Ranasinghe LONDON (Reuters) – After months focusing on ce..
Finance
Allica Bank launches fixed rates to support SMEs following Base Rate uncertainty
Allica Bank – the fintech challenger bank dedicated to empowering Britain’s established small and medium sized businesses – has..
Finance
Personetics Launches Sustainability Insights, a Next-Generation Solution for Banks to help Customers Reduce their Carbon Footprint
New customer transaction data-driven solution enables banks to show customers their carbon footprint and suggests ways to reduc..
Finance
Levels of Trust in Financial Services Reaches All-Time High
Increased Use of Technology and Product Personalization Fuel Investor Trust, CFA Institute Investor Trust Study Reveals London,..
Finance
SH Payments announces Irmantas Kamienas as CEO to lead European expansion
Lithuania, 21st April 2022 – SH Payments, a leading provider of tier one banking and payments services, has today announc..
Finance
Britain says EU will struggle to shift euro clearing from London
By Huw Jones LONDON (Reuters) – Britain’s financial services minister said on Tuesday that the European Union would find i..
Finance
Be simple in bank capital, Bank of England tells global regulators
By Huw Jones LONDON (Reuters) – The complex system of bank capital buffers could be radically simplified to encourage banks to k..
Finance
Stocks, commodities prices tumble on hawkish Fed, China worries
By Chris Prentice and Marc Jones WASHINGTON/LONDON (Reuters) -Traders ditched riskier assets on Monday as relief over Emmanuel Macron&..
Finance
U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook
(Adds bank affiliation BNP Paribas in analyst quote in 5th paragraph) By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK (Reuter..
Finance
Southwest Louisiana Credit Union Deploys Scienaptic’s AI-Powered Credit Underwriting Platform
NEW YORK – Apr. 20, 2022 – Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Southwest Lo..
Finance
BFINANCE ADOPTS IMPACT INVESTING PRINCIPLES
Investment consulting firm commits to key initiative led by the Impact Investing Institute London, 19 April 2022: Independent i..
Finance
Accelerating bank and ATM closure programme threatens future of cash in UK
– Access to Cash Review may have accelerated closures – Consumers & businesses face near extinction of cash unl..
Finance
ArK Kapital and Pollen Street Capital sign SEK1.5bn senior secured debt facility to help startups grow smarter through AI-powered financial forecasts and non-dilutive funding
April 19th, 2022 – ArK Kapital – the data-driven precision finance company enabling startups to grow smarter through long-term loans, ..
Finance