OakNorth Bank has acquired a 50% stake in property lender ASK Partners, which has lent in excess of £1bn across over 90 transactions through its online platform.
LHV UK is to buy the SME lending business of Manchester-based Bank North, which is winding down its operations after failing to fully capitalise the bank.
In the lead up to Sibos 2022, Finextra spoke to Dan Globerson, head of Bank of APIs at NatWest, to explore how he is leading the bank's regulatory commitments in the UK and Europe, driving a culture of API enablement, and collaborating across the industry by establishing standards.
Mamo, a homegrown UAE-based FinTech and financial services platform for SMEs, has been granted regulatory approval to operate from Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region.
The Financial Stability Board (FSB) today published priority themes for the next phase of the G20 Roadmap for Enhancing Cross-Border Payments, delivering a handful of updates and timeline revisions to its 2021 Progress Report.
In a gamechanger of sorts, LuLu Financial Group – one of UAE's leading financial services company, has joined hands with Wio Bank – the region's first platform bank, to allow Wio Business customers to make account deposits through its network of LuLu Exchange branches.
The volume, velocity and complexity of today's sanctions screening landscape require extraordinary vigilance, backed by best-of-breed analytics and data orchestration that empower always-on monitoring and immediate action.
