9 January 2023

51% of European Businesses believe BaaS will make Traditional Banking Obsolete

A new independent survey of more than 1,000 European business leaders based in the UK, Belgium and the Netherlands, by Vodeno/Aion Bank has found:

More than half (51%) believe BaaS will make traditional banking obsolete

58% said BaaS providers offering a licence alongside a tech solution will shape...

19 December 2022

J.P. Morgan Invests in Payments Provider ISG to Improve Ease of Digital Payments

In-Solutions Global Ltd (ISG), a leading payment solutions provider headquartered in India, today announced a strategic investment by J.P. Morgan.

Established in 2004, ISG supports more than 17 billion transactions for their clients annually via its proprietary GeniusTM Payments-as-a-Service (PaaS)...

15 December 2022

Standard Bank Successfully Closes $750 million Sustainability-Linked Syndicated Term Loan Facility

Standard Bank has successfully signed a $750 million sustainability-linked syndicated term loan. The facility, co-ordinated by Bank of America, Mizuho and SMBC Bank International is Standard Bank Group’s inaugural sustainability-linked loan. 

The margin on the loan is linked to Standard Bank’s...

15 December 2022

BNP Paribas Asset Management and Degroof Petercam Join Sustainable Trading

Sustainable Trading, the non-profit organisation dedicated to transforming Environmental, Social and Governance practices in the financial markets trading industry, today welcomes BNP Paribas Asset Management and Degroof Petercam to its membership network.

Since its launch in February 2022, Sustainable...

14 December 2022

Politics and Economics May Slow but Not Halt ESG Momentum in 2023

Challenging macroeconomic conditions, geopolitical tensions and political polarisation are contributing to increased short-term scepticism about the importance of ESG considerations by corporations, investors and governments, but the long-term outlook for sustainable finance remains solid, Sustainable Fitch...

13 December 2022

Kyriba Launches New Receivables Finance Solution

Kyriba has today announced the launch of Kyriba Receivables Finance. The solution provides finance teams with greater control over factoring or securitisation programs as well as enabling selective invoice financing. The multi-funder solution integrates all vendor programs into a single platform, providing...

13 December 2022

Trovata Partners with J.P. Morgan Asset Management to Make it Easier for Businesses to Invest Excess Cash as Interest Rates Rise

Trovata, a leading bank-connected platform that makes it easier for finance and treasury professionals to manage cash, and J.P. Morgan Asset Management, a global leader in investment management with $2.3 trillion of assets under management, announced they are partnering to help joint customers tap into...

13 December 2022

Arqit and Traxpay Sign Contract to Deliver more Efficient, Secure Trade Finance

Arqit Quantum Inc., a leader in quantum-safe encryption, has signed a contract with Traxpay, a leader in supply chain financing solutions, to deliver quantum-safe digital finance instruments, enabling supply chain actors to conduct business more efficiently and securely in the new digital trade...

8 December 2022

Global MMF 2023 Sector Outlook Is Deteriorating

Fitch Ratings' 2023 sector outlook for global money market funds (MMFs) is deteriorating, reflecting Fitch’s expectations for deterioration in some key banking sector outlooks, continued market volatility and potential considerable flow and asset under management (AUM) dynamics. Evolving global regulation...

6 December 2022

Investec Live with Surecomp for Digital Trade Finance in 10 Weeks

Surecomp today announced that international bank and wealth management group Investec has selected its cloud-based DOKA-NG and RIVO for fully digital end-to-end trade finance processing automation. DOKA-NGTM has gone live in less than three months and will now enable Investec to execute seamless and...

1 December 2022

Jiko Announces Over $1B in T-Bills Traded, Including a Same-Day Withdrawal of $100M

Jiko, a financial network that revolutionises how money is stored and moved, today announced that it has traded over $1B in T-bills since the summer 2022 launch of its corporate offering, Jiko Money Storage, which provides on-demand liquidity by enabling programmatic investment in T-bills, securely held at...

30 November 2022

Chatham Financial Releases State of Financial Risk Management Report

The independent study of 1,100+ U.S. companies examines their risk exposures, hedging, capital markets activity, and hedge accounting practices

November 30, 2022 (Kennett Square, PA) -- Chatham Financial, a global leader in financial risk management advisory and software solutions, has released its...