BNP Paribas Q2 2019 net profit +3% y-o-y, beats forecasts
BNP Paribas Q2 2019 net profit beats analyst forecasts with a 3.1% rise to €2.47bn. Revenues inch up by 0.2%…
ByMonth: July 2019
UK mortgage market to follow a gentle trajectory in 2019
With Brexit delayed until October 31, affordability issues plaguing the UK housing space in 2019, and interest rate rises looking…
ByMobile banking is still far from mainstream with older consumers
Mobile banking’s popularity is heavily skewed towards the younger segments in the UK. It is crucial for banks to invest…
ByFintech firm Kony receives $37m investment from BMO
US-based fintech firm Kony has received $37m in debt funding from the Technology and Innovation Banking group of BMO. The…
Columbia Bank moves to the cloud with nCino
Columbia Bank, a New Jersey-based lender with around $7bn in assets, has implemented the nCino Bank Operating System. The move…
Brazil’s Banco Inter secures Softbank backing, share price soars
Banco Inter has secured backing from Softbank and the market approves. The Banco Inter share price rose by around 25%…
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Lloyds Bank Q2 2019:profits dip on increased PPI provisions
Lloyds Bank Q2 2019 earnings represent a resilient quarter with underlying profits just ahead of analyst forecasts. Underlying profit falls…
ByTaiwan issues three virtual banking licences
Taiwan has issued three virtual banking licences, a first such move by the Asian island nation to lure new players…