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How Open Banking can help SME’s grow and thrive

How Open Banking can help SME’s grow and thrive

In September the UK’s Open Banking implementation body (OBIE) announced a significant uptake in the number of Open Banking service uses in the UK, with over two million people now benefiting from Open Banking products.…

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Gemini Taps ClearBank for Banking Services in the UK

Gemini Taps ClearBank for Banking Services in the UK

The banking services will include dedicated account numbers, sort codes, and Faster Payments. Gemini, a cryptocurrency exchange and custodian, has selected ClearBank to receive banking services in the United Kingdom essential for its operation in…

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Google revamps its strategy towards banking

Google revamps its strategy towards banking

Tech group promotes new style of mobile bank account in alliance with lenders A decade ago, when the biggest consumer tech companies first showed an interest in financial services, the banking world dug in for…

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Banking Apps Prove More Popular Than Social Media During Pandemic

Banking Apps Prove More Popular Than Social Media During Pandemic

This year has seen people, including older generations, flock to banking online and on their phones to ensure they stay on top of their money and bills amidst the COVID-19 pandemic, according to new research…

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How Bill Demchak turned PNC into a US banking powerhouse

How Bill Demchak turned PNC into a US banking powerhouse

Asked if he plans more acquisitions, the Pittsburgh bank boss answers in one word: ‘Yes’ When Bill Demchak, chief executive of PNC Financial, sold his bank’s position in the asset manager BlackRock in May, for…

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Daylight launches as the first LGBT+ digital banking platform

Daylight launches as the first LGBT+ digital banking platform

Daylight, formerly Be Money, is the first and only digital banking platform in the U.S. specifically designed for and by the LGBT+ community. Traditional banks and financial products weren’t necessarily created with a diverse audience…

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NPEs in Cyprus banks down to €9.7 billion in July

NPEs in Cyprus banks down to €9.7 billion in July

Non–Performing Exposures (NPEs) in Cyprus’ banking sector fell €27m to €9.68bn in July 2019, compared with the previous month, according to the latest data released by the Central Bank of Cyprus (CBC). The ratio of…

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Hellenic launches tech seminars for customers

Hellenic launches tech seminars for customers

Hellenic Bank announced it has launched a series of seminars to brief its customers on the digital services it offers. The bank said the first seminars took place in some of its outlets in Nicosia…

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ESMA wants more effective Cyprus supervision on suspicious transactions

ESMA wants more effective Cyprus supervision on suspicious transactions

A peer review report by the European Securities and Markets Authority (ESMA) on how national competent authorities handle suspicious transactions and order reports has found Cyprus, Norway and Romania as non-compliant in their supervision. The recently-published report…

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A new crypto debit card makes its debut in Europe

A new crypto debit card makes its debut in Europe

Residents of the European Union (EU) have a new option for spending their cryptocurrency holdings. An online crypto exchange called Jubiter has announced the introduction of a crypto-based debit card that can reportedly be used…

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