News Centre

allpay Limited Reports Record Load And Spend Of £37.5 Million For Prepaid Cards In March

Date 12/04/2023

Leading payment solutions provider, allpay Limited, has announced a significant milestone with its prepaid card programme. In March, the company recorded its largest load and spend for prepaid cards, totalling an impressive £37.5 million. This milestone highlights the increasing demand for prepaid solutions and the growing number of people in receipt of support disbursements.

Monetary And Financial Stability: Lessons From Recent Times - Speech By Governor, Bank Of England, Andrew Bailey, Given At The Institute Of International Finance

Date 12/04/2023

It is a great pleasure to be back in Washington. There is plenty going on and a great deal to talk about, so thank you to the IIF and Oliver Wyman for organising this event. I want to pick out big issues we face, and try to set out how they fit together and the challenges they give rise to.

Salem Five Among Financial Institutions Set To Launch The Fednowsm Service With Fiserv - Nearly 20 Financial Institutions, Including Salem Five, Peoples Bank And Mediapolis Savings Bank, Are Readying To Move The Industry Forward With Commitments To Offer Real-Time Payment Services As Part Of The FedNow Pilot Program

Date 12/04/2023

Fiserv, Inc. and its financial institution clients will continue to advance the availability of real-time payments in the U.S. as part of the pilot of the Federal Reserve’s real-time payments network, FedNowSM, which is expected to launch in July 2023.   Salem Five will be among the first financial institutions to implement the FedNow Service, utilizing NOW® Gateway from Fiserv, a leading global provider of payments and financial technology solutions.

ESAs Propose Amendments To Extend And Simplify Sustainability Disclosures

Date 12/04/2023

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have today published a Consultation Paper with amendments to the Delegated Regulation of the Sustainable Finance Disclosure Regulation (SFDR).

Bank Of England - The USD LIBOR Panel Ceases At End-June 2023: Are You Ready?

Date 12/04/2023

It is now less than 90 days until the USD LIBOR panel ceases on 30 June 2023, marking another critical milestone in the necessary transition to robust Risk-Free Reference Rates (RFRs).

Launch Of The Albanian Power Exchange (ALPEX) Operations

Date 12/04/2023

UK Financial Conduct Authority: British Steel Pension Redress Scheme Legal Challenge Dropped

Date 12/04/2023

The FCA welcomes the British Steel Adviser Group's (BSAG) decision to drop the legal challenge against our decision to set up a redress scheme for former British Steel Pension Scheme (BSPS) members. Our view all along has been that the challenge was without merit and that we would vigorously defend the scheme. 

Retail Investors Bearish On EURO STOXX 50 Against Backdrop Of Banking Crisis: Spectrum Markets

Date 12/04/2023

• EURO STOXX 50 sentiment fell to low of 92 points in March
• Banking sector fears affected retail investors’ trust in European stocks
• Trading volume growth suggests retail investor interest despite negative sentiment

FSB To Consider Lessons Learned From Recent Banking-Sector Turmoil

Date 12/04/2023

The Financial Stability Board (FSB) today published a letter from its Chair, Klaas Knot, to G20 Finance Ministers and Central Bank Governors, ahead of their meeting on 12-13 April.

Duco Announces Record Financial Year And Two Major New Enterprise Agreements - Annual Contract Value (ACV) Growth Of 40%, Net Revenue Retention (NRR) At 131%, And Two New Global Enterprise Agreements Totalling Over $27m In Revenue

Date 12/04/2023

Duco, the #1 SaaS provider of data automation, today announced record results for the year ended 31 March 2023. By combining SaaS, no-code, immediate availability and end-user empowerment, Duco has been transforming the way financial services firms and insurance companies manage data validation and reconciliation for key control processes.