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Central Bank of Colombia partners ACI Worldwide for real-time payments system

Partnership Announcement: The Central Bank of Colombia, Banco de la República, collaborates with global payments software firm ACI Worldwide. Technology Selection: ACI's Enterprise Payments Platform...

ABN Amro to acquire Dutch neobroker Bux for undisclosed sum

ABN Amro Acquisition of BuxABN Amro, a major Dutch bank, is acquiring the Dutch neobroker Bux for an undisclosed amount.Strategic Objectives...

UK’s FCA proposes new rules to protect access to cash

The UK's Financial Conduct Authority (FCA) proposes new rules to safeguard access to cash amid the rising popularity of digital payments. Designated banks...

Eurosystem eyes up alternative payment solutions in latest retail payments strategy update

Eurosystem's Retail Payments Strategy UpdatePriorities:Digital euro development Instant payments Cross-border paymentsObjectives of Retail Payments StrategyDevelop pan-European solutions for point-of-interaction...

Funding Circle and Atom Bank to provide an additional £150m in financing to UK SMEs

UK challenger Atom Bank partners with Funding Circle for lending. Up to £150 million to be deployed for small businesses. The third partnership...

European Central Bank highlights continued sector-wide risk in latest Financial Stability Review

Real Estate Struggles:Geopolitical tensions, lacklustre growth, and inflation impact European financial markets. Residential and commercial real estate markets in the euro area...

Barclays could reportedly cut around 2,000 jobs in push to reduce costs by £1bn

Barclays may cut around 2,000 jobs as part of a £1 billion cost-cutting plan. Bank managers seek to increase profitability by reviewing proposals,...

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