Tag: banking sector

NatWest, a major player in the banking sector, has made a strategic minority investment in Icon Solutions, a pioneer in the FinTech industry known for its advanced payments technology and consultancy services.

The European Banking Authority (EBA) has initiated a public consultation regarding its draft Regulatory Technical Standards (RTS) focused on the criteria for identifying hedging instruments that mitigate residual risk.

Tuum, the cutting-edge core banking provider, proudly announces the successful closure of its series B financing round, amassing €25m.

The European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) have released a comprehensive report, shedding light on the direct provision of financial services by BigTech companies in the EU.

HSBC has reportedly entered the race to acquire Tesco Bank, joining other high street lenders like Barclays and Lloyds Banking Group.

2023 has brought forward unique challenges and trends in the KYC (Know Your Customer) and AML (Anti-Money Laundering) landscape, as revealed in a survey...

In 2022, Fenergo's annual research survey of global investment banks highlighted a labor-intensive environment in Know Your Customer (KYC) processes. These processes were costing banks as much as $35m annually.

Key Lending Technology investment stats up to Q3 2023 • Lending Technology deal activity is on track to reach 521 transactions in 2023, a 15%...

In the swirling vortex of corporate sustainability, a murky undercurrent of greenwashing steadily amplifies, becoming an increasingly prominent issue. Research by RepRisk, a globally recognised...

European banks have shown resilience in the face of a tougher stress test, according to a new report from the EBA.