Banks investigate sales push linked to corporate loans
Barclays, Deutsche, HSBC and Santander among lenders conducting internal reviews.
Barclays
UK banks see surge of interest in Bounce Back Loans Scheme
In the first minute after 9am, Barclays had received 200 applications.
Barclays launches CLBIL scheme amid coronavirus
Barclays is extending its support to businesses not covered by CBILS or CFF.
Banks waive overdraft interest on temporary basis
Banks & building societies have previously been shaking up their overdraft charging structures.
Barclays makes new executive hires in Asia Pacific
Carrie Chen and Sung-Min Chung join the bank to boost its client footprint.
Banks test disaster recovery sites and send staff home amid coronavirus
Senior bank execs are concerned about broadband capacity at their employees’ homes.
Barclays makes cuts affecting more than 1,000 staff
Technology and operations teams will be hit hardest.
Barclays spies on staff, CEO investigated for Epstein links
The technology tells staff to mute their phones and avoid breaks.
Paysafe bags new CTO from Barclays
Sujit Unni is joining at an exciting time for the company.
Barclays invests in digital receipts start-up Flux
Barclays already uses Flux’s technology on its beta programme Launchpad.
Barclays signs tech partnership with invoice insurance firm Nimbla
UK bank to offer Nimbla technology to one million SME customers.
2019’s largest regulatory fines
The biggest charges levied by regulators this year, summarised for you.
Barclays Partner Finance offers 24-month interest-free contract on iPhone 11
The financing subsidiary says it can save consumers up to £270.
Barclays launches 2.0 finger vein scanner with Hitachi for businesses
The new handset is smaller than its predecessor.
ISDA Technology Forum: Regulators struggling to match pace of innovation
Close alignment between policymakers and banks is needed.
ISDA Technology Forum: Small tech changes not enough for capital markets
Firms need to look beyond next year’s profits and losses, argues panel.
Barclays and JP Morgan Chase invest in TouchBistro
TouchBistro leads “a technology renaissance” for restaurants.
Doing smarter, cleaner business: The analytics potential of trade data
Banks’ data-rich future should not begin and end with trade flows.
Barclays customers suffer most internet banking incidents
There were 21 operational and security incidents within a year.
Barclays launches accessory shop for Pingit customers
Wearable payments devices include watches, jewellery, wristbands and key fobs.
Barclays ends landmark crypto partnership with Coinbase
Coinbase no longer has access to the UK FPS.
Top fintech stories this week – 2 August 2019
FNZ acquires GBST, LSE to buy Refinitiv, and more!
Barclays, RBS and other banks face £1bn forex rigging lawsuit
JP Morgan, Citigroup and UBS also named in US-style class action.
JP Morgan to take stake in 10x Future Technologies
10x Technologies’ boss is Anthony Jenkins, formerly Barclays head.
Crowdz raises $5.5m to launch industry-first global invoice exchange
Aims to revolutionise receivables market for SMEs.
Major banks pledge $50m to develop digital cash settlement system
The names of the banks have not been disclosed.
OpenFin raises $17m for financial desktop innovation
This brings OpenFin’s total funding to $40m.
Swedbank to acquire Vilnius’ Barclays Operations Centre in Lithuania
Banks are planning to complete this transaction by 1 July 2019.
Five banks fined €1bn for rigging foreign exchange market
UBS escaped a European Commission penalty after exposing the cartels.
Simudyne closes $6m funding with Barclays’ aid
This brings the total capital raised to $10m.
ClauseMatch expands to Asia with Singapore office
It already serves clients with Singapore presence.
New York Fed launches fintech advisory group
To help the bank assess potential market impact.
Lloyds, NatWest and Barclays team up for business banking hubs
The three banks will pilot the UK’s “first” shared hubs for SMEs.
Nationwide revives 10x Future Technologies with £15m funding
Former Barclays CEO’s fintech firm gets boost after losing Virgin Money deal.
PFS acquires Barclaycard prepaid card portfolio
Plans to offer an “enhanced” service to payroll and corporate clients.
End of days as Barclays brings bPay into Pingit
bPay struggled to get users in the cutthroat world of mobile payments.
UCL and Barclays unleash deep tech venture builder
Conception X turns dissertations into a deep tech start-up.
RFI Global Business Banking Summit 2019: The age of branch banking is over
The time of digital has come.
Big banks bond with CommonBond for $750m lending spree
US firm to use money for in-school student lending businesses.
Barclaycard teams with SAP for precise corporate payments
Brings procurement and payment together in one place, Ariba Network.
