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Barclays Q1 pretax profit falls by 25% as losses in non-core units soar Barclays has reported a 25% decline in its pretax profit for the first quarter this year, due to increased losses in its non-core businesses. Banking Services > Commercial Banking > News
Sberbank selects Wolters Kluwer's OneSumX for Risk Management solution Sberbank Group has selected Wolters Kluwer's OneSumX for Risk Management solution to streamline its global Treasury operations.
Risk Management > News WorldRemit rolls out instant money transfer services in Niger By BBR Staff Writer
Money transfer app WorldRemit has launched instant money transfers to Airtel Money wallets in Niger.
Banking Services > Payments > News Visa opens first innovation center in Asia By BBR Staff Writer
Visa announced the opening of its Singapore innovation center, the first in a network of new regional innovation centers that Visa is launching globally.
Banking Services > Cards > News
Infosys Finacle, Samsung SDS partner to offer improved mobile banking services By BBR Staff Writer
Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys, and Samsung SDS, a global ICT service provider, announced a global partnership that will provide end customers with a more secure, fast and convenient way to use mobile banking and payment services.
Banking Services > Payments > News Deutsche Bank Q1 profit down 58% on weak trading activity By BBR Staff Writer
Deutsche Bank has reported a 58% decline in its net profit for the first quarter this year, as volatile global markets weighed on its trading revenues.
Wealth & Assets Management > Asset Management > News MasterCard launches M/Chip Fast to speed up EMV transactions By BBR Staff Writer
MasterCard unveiled M/Chip Fast, a new application of the company’s existing technology to help speed EMV transactions and shoppers through checkout lines.
Banking Services > Cards > News

Latest News and Insight by Sector

Banking Services

WorldRemit rolls out instant money transfer services in Niger
By BBR Staff Writer
Money transfer app WorldRemit has launched instant money transfers to Airtel Money wallets in Niger.
Banking Services > Payments > News
Visa opens first innovation center in Asia
By BBR Staff Writer
Visa announced the opening of its Singapore innovation center, the first in a network of new regional innovation centers that Visa is launching globally.
Banking Services > Cards > News

Wealth & Assets Management

Deutsche Bank Q1 profit down 58% on weak trading activity
By BBR Staff Writer
Deutsche Bank has reported a 58% decline in its net profit for the first quarter this year, as volatile global markets weighed on its trading revenues.
Wealth & Assets Management > Asset Management > News
BlackRock launches iShares sustainable MSCI global impact ETF
By BBR Staff Writer
BlackRock has expanded its suite of socially responsible ETFs with the launch of the iShares Sustainable MSCI Global Impact ETF (MPCT).
Wealth & Assets Management > Asset Management > News

Intermediaries

Financial integration in eurozone advancing slowly, says ECB report
By BBR Staff Writer
Financial integration in the eurozone is advancing slowly and the recent market turmoil is unlikely the hamper the progress, said the European Central Bank (ECB) in a report.
Banking Services > Retail Banking > News
BlackRock launches iShares sustainable MSCI global impact ETF
By BBR Staff Writer
BlackRock has expanded its suite of socially responsible ETFs with the launch of the iShares Sustainable MSCI Global Impact ETF (MPCT).
Wealth & Assets Management > Asset Management > News

Technology

Infosys Finacle, Samsung SDS partner to offer improved mobile banking services
By BBR Staff Writer
Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys, and Samsung SDS, a global ICT service provider, announced a global partnership that will provide end customers with a more secure, fast and convenient way to use mobile banking and payment services.
Banking Services > Payments > News
nCino adds deposit account opening feature to banking platform
By BBR Staff Writer
nCino has added deposit account opening to its Bank Operating System, taking the company’s cloud platform into the branch as a primary means to facilitate deposit growth.
Banking Services > Online Banking > News

Policies & Regulatory Compliance

Federal Reserve approves Goldman Sachs' purchase of GE Capital's US online deposits
By BBR Staff Writer
Goldman Sachs Bank USA (GS Bank) has secured approval from the Federal Reserve to acquire the online deposit platform and assume the deposits of GE Capital Bank (GECB).
Wealth & Assets Management > Asset Management > News
UBS, Deutsche Bank lose bonus tax case in UK
By BBR Staff Writer
UBS and Deutsche Bank have lost a legal battle in the UK brought by HM Revenue & Customs (HMRC) on bonus schemes designed to avoid £135m in tax.
Banking Services > Commercial Banking > News

Risk Management

Sberbank selects Wolters Kluwer's OneSumX for Risk Management solution
Sberbank Group has selected Wolters Kluwer's OneSumX for Risk Management solution to streamline its global Treasury operations.
Risk Management > News
RBNZ selects Numerix for enterprise transformation of trade valuation and risk management analytics
The Reserve Bank of New Zealand (RBNZ) has selected Numerix as its strategic partner for the enterprise transformation of its trade valuation and risk management analytics.
Risk Management > News