All articles by Douglas Blakey
Douglas Blakey
US banks report FY2023 net income of $256.9bn, down by 2.3% y-o-y
Full year profits across the 4,587 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation, remain high despite the challenges of liquidity stress in the first quarter
TD grows innovation ecosystem through agreement with SideDrawer
Deal highlights TD’s drive to partner with innovative fintechs to enhance the customer experience
Why BaaS has reached a turning point
Embedded finance and BaaS businesses have had a tough two years, but many have now worked through regulatory and operational grey areas that often defined them. Aman Behzad forecasts a strong comeback in 2024
Qonto agrees deal to acquire French fintech company Regate
Acquisition boosts Qonto’s ambition to become the business finance solution of choice for 1 million European SMEs and freelancers by the end of 2025
Bank of America patents increase nearly 70% in 5 Years
Bank of America announces a record year for its patent portfolio, highlighting its commitment to client-focused innovation
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SMEB secures FCA approval ahead of launch
Banking and financial technology company, SMEB, will unveil what it describes as a groundbreaking small business banking solution
ZILO and Fidelity International agree transfer agency technology partnership
Agreement will integrate global asset and wealth management software, ZILO, into the infrastructure of Fidelity International’s private assets business
Nuke From Orbit raises £500k pre-seed funding
UK fintech startup aims to deliver smarter smartphone security and offers innovative approach to protecting financial accounts and personal identifiable information
How African businesses can benefit from an improved CFO stack
Ngetha Waithaka and Maina Murage explain how a tech-enabled, cloud-based and automated approach gives CFOs a far greater degree of control to improve business efficiency and accounting accuracy
New York Community Bank bags $1bn lifeline
Capital raise led by Steve Mnuchin’s Liberty Strategic Capital