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R3 boss: Coronavirus is exposing cracks in banking tech

On Apr 28, 2020
@FintechBot shared
R3 boss: Coronavirus is exposing cracks in banking tech https://t.co/hukTbZoAsA by @CityAM
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As the globe grapples with the coronavirus fallout, the Wall Street veteran behind R3 suggests the crisis shows the banking sector needs new technology.

www.cityam.com
On Apr 28, 2020
@FintechBot shared
R3 boss: Coronavirus is exposing cracks in banking tech https://t.co/hukTbZoAsA by @CityAM
Open

R3 boss: Coronavirus is exposing cracks in banking tech

R3 boss: Coronavirus is exposing cracks in banking tech

As the globe grapples with the coronavirus fallout, the Wall Street veteran behind R3 suggests the crisis shows the banking sector needs new technology.

Why SME lending is the big battle for the future of business banking

Why SME lending is the big battle for the future of business banking

Small to medium sized businesses have struggled to access the sort of finance needed to grow since the financial crisis, but a new upswell of government support and the entry of some ...

Fintech firms race to plug gaps in UK’s coronavirus relief measures

Fintech firms race to plug gaps in UK’s coronavirus relief measures

Alternative lenders say they can provide support to small businesses more quickly than their larger competitors.

Financial institutions beware – big tech is moving into banking

Financial institutions beware – big tech is moving into banking

Despite Brexit uncertainties and stock market collapses, British banks concluded their 2018 earnings season with improved performance.

Ministers and banks to support small and medium businesses (SMEs) to seize Brexit opportunities

Ministers and banks to support small and medium businesses (SMEs) to seize Brexit opportunities

Business, Treasury and Cabinet Office ministers met banking chiefs today to launch new Business Finance Council and encourage support for SMEs.

The Finanser’s Week: 11th February – 17th February 2019

The Finanser’s Week: 11th February – 17th February 2019

The main blog headlines are … 39 FinTech Unicorns Valued at $147.37 billion I spotted an article by Linus Beliunas on LinkedIn this week, and liked it so much that wanted to share. Enjoy! ...

HSBC to cut 35,000 jobs and shed assets in major overhaul

HSBC to cut 35,000 jobs and shed assets in major overhaul

The restructure is HSBC's third in a decade and its under-performing investment banking arm is expected to bear the brunt.

Innovate Finance urges UK government to back SMB lending with new program

Innovate Finance urges UK government to back SMB lending with new program

The fintech industry body is asking the UK government to adopt a host of measures that would enable fintechs to continue lending to SMBs.

Click here to read the article

Click here to read the article

Infographic List of challenger banks Insights Geographies and Markets 14 16 17Regulations Regulatory experiments Technology Technology structure Case Studies solarisBank, Neyber and ...

British Business Bank announces 4 new lenders for CBILS, but what difference will it make?

British Business Bank announces 4 new lenders for CBILS, but what difference will it make?

The British Business Bank (BBB) announces four new lenders under the the Coronavirus Business Interruption Loan Scheme (CBILS), Allied Irish Bank (GB)/AIB (NI), ThinCats, Paragon Bank and ...

The Fintech World Series: United Kingdom

The Fintech World Series: United Kingdom

With world-leading economic backing and an early grasp of innovative technologies, the UK remains a hotbed for fintech entrepreneurs to call home, from within the island or abroad, Brexit ...

FAQs for SMEs: Coronavirus Business Interruption Loan Scheme (CBILS)

FAQs for SMEs: Coronavirus Business Interruption Loan Scheme (CBILS)

New FAQs added 20 April 2020 Are businesses with private equity investment eligible under the CBIL Scheme, subject to them meeting the CBILS eligibility criteria? Can companies that have ...

FinTech in Focus—April 20, 2020

FinTech in Focus—April 20, 2020

In our latest US FinTech policy update, we breakdown legislative activity over the past two months (February & March) and lawmakers’ responses to COVID-19 with particular attention paid to ...

Budget 2020: What’s the fintech impact?

Budget 2020: What’s the fintech impact?

FinTech Futures picks out the fintech tidbits in this week's announcement.

394. Insights: The future of investing

394. Insights: The future of investing

In this week's Insights show, Adam Davis is joined by some great guests to discuss the future of investing.

Why Should You Care? The Consumer & SME case for Open Banking

Why Should You Care? The Consumer & SME case for Open Banking

Open Banking is set to have a profound impact upon both consumers and SMEs. In this blog we explore how savings in time and money will make Open Banking hugely important to both markets.