Tag: banking

Activity, Corporate Banking

Two new next-gen banks to open in the US

May 13, 2019

Via: Banking Technology

Piermont Bank is a “new generation” of commercial banking with a focus on helping clients build and grow business. The Piermont Bank’s team says that it aims to support privately-owned business, especially multi-generation family-owned enterprises. It says: “We appreciate, respect […]


Strong Consumer Authentication – a project for the banks?

May 7, 2019

Via: Finextra

The Second Payments Services Directive (PSD2) is opening many doors for small companies in a bank-dominated industry. With the new rules some of the competences are transferred from the banks to the hands of the consumers. Consumers have the authority, […]

Activity, Corporate Banking

JPMorgan Provides New $150MM Facility for Clarus

May 7, 2019

Via: ABF Journal

Clarus terminated its asset-backed credit facility and entered into a new $100 million cash flow credit facility, which includes an uncommitted $50 million accordion with JPMorgan Chase. Under the terms of the new senior secured credit agreement, Clarus has access […]

Activity, Corporate Banking

Deutsche Bank shares slump 5 percent on report of a possible merger with Commerzbank

January 31, 2019


Shares of Deutsche Bank slumped nearly 5 percent Thursday after a report said the embattled German lender is gearing up for a potential merger with rival Commerzbank by mid-2019. The report, from Bloomberg citing anonymous sources, noted the deal is […]


Professional cybercriminals put the heat on fintech

December 3, 2018

Via: Banking Technology

In the European Payments Council’s (EPC) “2018 Payment Threats and Fraud Trends Report”, it provides a bleak and very lengthy overview of the most important threats in the payments landscape. There is a lot to mention, but the EPC raised […]

Activity, Investment Banking

Investment funds tech startup FundGuard secures $4 million in seed funding

October 19, 2018

Via: Finextra headlines

FundGuard, a cloud-based investment funds operating system powered by AI and designed to revolutionize the investment funds technology space, today announced its launch and $4 million in funding led by venture firms Blumberg Capital and LionBird. FundGuard will use the […]

Business Banking, Capital and Risk, Credit, Products, Regulations, Retail Banking

Wells Fargo CEO Sloan Must Go, Senator Warren Tells Fed Chairman

October 18, 2018

Via: TheStreet banks

After successfully pushing in 2016 for the departure of the CEO of beleaguered U.S. bank Wells Fargo & Co. (WFC – Get Report), Democratic Senator Elizabeth Warren of Massachusetts is now gunning for another. In a press release Thursday, Warren […]

Capital and Risk, Channels, Operational

Refinitiv expands cloud delivery of financial data via AWS

October 17, 2018

Via: Finextra headlines

Refinitiv, formerly the Financial and Risk business of Thomson Reuters, announced today that its Elektron real-time data delivery using Amazon Web Services (AWS) is being expanded to meet high demand from clients across the globe. To ensure continued excellence and […]

Activity, Trading

Trump’s North American Trade Triumph

October 16, 2018


For those on the left and right who were certain that President Donald Trump’s presidency meant the end of global free trade … think again. Though Trump’s critics have dismissed the significance of the new Mexico and Canada trade deal, […]

Business Banking, Products

How Financial Institutions Can Put Risk Management Back in the Driver’s Seat

October 15, 2018

Via: Strategy Business

In the years leading up to the global financial crisis a decade ago, risk was viewed at many financial institutions in a very different way than it is today. The financial system was like a highway on which different vehicles […]