Banking
Atom bank awarded £10 million BCR grant to boost lending to SMEs
The grant is one of four from Pool C of the £425m Capability and Innovation Fund (CIF), that forms part of a £775 million package administered by Banking Competition Remedies Ltd. Atom, which has already lent in excess of...
Banking
Rabobank Posts EUR 1.2 Billion Net Profit in First Half-Year of 2019
In a challenging environment, Rabobank has made progress on achieving most of its strategic objectives in the first six months of the year. Net profit for the first half-year was EUR 1.2 billion.
From the Chairman of the Managing Board,...
Banking
HSBC appoints Barry O’Byrne interim Chief Executive, Global Commercial Banking
HSBC Holdings plc announces the appointment of Barry O’Byrne as interim Chief Executive of Global Commercial Banking (CMB), subject to regulatory approval, succeeding Noel Quinn. This change follows Mr Quinn’s appointment as interim Group Chief Executive, succeeding John Flint.
Mr...
Banking
ABBs YuMi robot automates ATM testing for more reliable banking
Dual-armed collaborative robot YuMi performs hundreds of hours of testing to support faster development of software for Automated Teller Machines (ATM), improving reliability and quality.
YuMi, the groundbreaking ABB industrial robot that has the precision to handle the most complex...
Americas
Starling Bank partners with SumUp to speed up card payments for businesses
Starling Bank will provide SumUp and its card reader merchants access to its API-based banking infrastructure to help businesses receive next-day payments
A partnership between Starling Bank and mobile card reader specialist SumUp will enable faster transaction settlements for small...
Banking
Microsoft and Publicis Sapient back worlds first fully digital trade bank
Microsoft and Publicis Sapient have partnered with Anglo-Gulf Trade Bank (AGTB) to launch what it says is “the world’s first end-to-end digital trade finance bank,” reports Jane Connolly.
Announced last October, the UAE-based AGTB started a commitment to using new...
Americas
Merchants Bank chooses CALMS Compass for floorplan finance
Minnesota-based, Merchants Bank, has seen its floorplan finance business grow by 60% since implementing White Clarke Group’s CALMS Compass, reports Jane Connolly.
In response to customer demand for a more modern solution than the labour-intensive spreadsheets previously used, the community...
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