Wholesale / Commercial Banking Systems Insights

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UK fintech lenders to benefit from BBL, CBILS

12th May 2020

Company: bobsguide
UK challenger banks and non-bank lenders could see more SME client acquisitions from offering the government’s Bounce Back Loans (BBL) and Coronavirus Business Interruption Loan Scheme (CBILS), says Kirsty McGregor, founder and chairman, The Corporate Finance Network (CFN). But those unable to adapt may fall out of the ecosystem. “I... read more
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Cash is king and automation rules

12th May 2020

As companies adjust to remote working and unprecedented drops in revenue, cash management becomes the chief concern for business continuity, says John Byrne, owner and CEO, Salmon Software. Effective cash management is reliant on strong treasury management systems (TMS) with a focus on data integration and automation of services. ... read more
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OakNorth’s head of debt finance: Challenger banks use agility to thrive

7th May 2020

Company: bobsguide
Incumbent banks have slashed profits to prepare for corporate defaults because they aren’t flexible and agile enough to manage their books with confidence, according to Barbanel. An article by the Financial Times estimated that banks had built a cumulative total of $50bn in reserves to cover coronavirus-related losses, with HSBC funnelling... read more
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Real-time payments in a time of reduced cashflow

1st May 2020

Company: bobsguide
Faster and real-time payments are more relevant that ever says Ed Adshead-Grant, general manager of payments at Bottomline Technologies. “There is both money in and money out so that there are two sides to the transaction and for any economy, any UK PLC to compete, they need beyond doubt real time payments.” “Just look at... read more
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Financial services and the UK regulation agenda: more than a response to coronavirus

24th April 2020

Company: bobsguide
On April 7, 2020, the Financial Conduct Authority (FCA) published its business plan for 2020/2021. Understandably, the FCA’s main immediate focus is to continue to address the challenges presented by the coronavirus emergency. However, that is not the whole story and the FCA is not planning to relax its business-as-usual efforts, although,... read more
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Coronavirus: How Auriga is supporting banks

20th April 2020

Company: Auriga
The coronavirus pandemic and the lockdown measures are affecting lives nearly everywhere on the planet. Banks are playing a crucial role in how our societies respond and progress through these unprecedented times. As their technology partner, we salute and support the tremendous work being done by banks to protect colleagues... read more
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Navigating change in payments: Emerging markets, coronavirus and M&As

6th April 2020

Company: Ripple
The past 12 months has seen monumental change in the payments industry. In almost a domino effect, some of the market’s most notable names have announced landmark acquisitions which have quickly laid precedent for the future of payments. For instance, FIS, Global Payments and Fiserv have all announced acquisitions over $20bn, helping industry... read more
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Coronavirus emergency: how to best use the new ECB liquidity

18th March 2020

Company: Prometeia
At its meeting on March 12, the Governing Council of the ECB unleashed new, unconventional monetary policy measures to support the liquidity of banks and credit to households and businesses. The new package includes, among other things, changes to the current longer-term auctions (TLTROs) and introduces new weekly auctions (LTROs) to steer banks... read more
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Q&A: Real-time treasury for banks to shake up operations

13th March 2020

Company: bobsguide
While explaining the business application of real-time, Harshit Jain, Head of Transaction Banking & Digitisation at Nucleus Software, said that: "Consumers and business customers are becoming more impatient and more demanding. They want what they want when they want it. And if they don’t get it from you they will go to your... read more
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2020 to be a milestone year for banks

5th March 2020

Company: Profile Software
This year, technology will continue to be the main driver of disruption in the banking industry through the evolution of machine learning (ML), blockchain, quantum computing etc. as digital transformation is evolving the way banking is done, according to Deloitte’s study 2020 banking and capital markets outlook. Most banks still do not... read more