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British AgTech bank Oxbury has reported a pre-tax profit of £3 million and is on target to reach £1 billion in lending in the coming months.
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Join FinextraTV at the Temenos Community Forum 2024 as Tony Coleman, Chief Technology & Innovation Officer, Temenos and Keith Lynch, Head of Enterprise Business, EMEA, Red Hat dive deep into why choice remains a fundamental tenet for the banking industry and how cloud migration is no exception. A bank in 2024 has many options, whether it is moving to public cloud, where technology stacks are supported by hefty players such as AWS or Azure, for example, or working with SaaS providers. The conversation also shifts to expanding on the benefits of private cloud where cloud-like deployments are established. The advantages of hybrid cloud are also prevalent, where one technology stack can run across multiple footprints, allowing organisations to build an app once, but deploy it everywhere with open source technology.
11 Jul
Join FinextraTV at the Temenos Community Forum 2024 as Ramki Ramakrishnan, Managing Director, APAC, Temenos and Trinh Vinh Hien, CTO & CDO, PVcomBank provide an overview of how the APAC region is leading when it comes to efficient digital experiences and the innovations that have come to the fore since 2022. As more and more customers expect digital access to all services, scalable solutions are imperative for financial players in Asia, the Pacific and further afield. While the likes of Alipay and WeChat attempt to bridge the gap between the banked and unbanked, innovation must ensure it is fit for purpose for all.
10 Jul
Join FinextraTV as Helen Avery, Director, Nature Programmes and GFI Hive at the Green Finance Institute, explains the methodology behind their recently released report, ‘Assessing the Materiality of Nature-Related Financial Risks for the UK’, authored by Nicola Ranger, Environmental Change Institute, University of Oxford, and Tom Oliver, University of Reading. The conversation explores the report findings which show how biodiversity loss and environmental degradation can create material risks for the UK economy and financial sector, placing a ‘value at risk’ (nVaR) on nature. This has helped identify that the deterioration of our natural environment could result in UK Gross GDP falling by as much as 12%, with sectors such as agriculture, manufacturing and services being the most impacted and in turn, will correlate to the impact on bank portfolios. Dr Nicola Ranger will be a keynote speaker at Sustainable Finance Live on 8th October 2024 in London where the risks and opportunities that materialise across natural capital will be examined.
Join FinextraTV at the Temenos Community Forum 2024 as Maurya Murphy, Senior Product Director, Corporate Banking, Temenos and Benjamin Wey, Senior Advisor, Hamilton Reserve Bank chat through how technology can be used to streamline operations and grow and develop as a business. For the largest global bank headquartered in the Caribbean, technology is essential for resolving problems that all traditional banks face, such as lack of communication and lack of customer support. There is now an expectation from customers of a much closer link between banking and technology, and corporate clients are looking for more personalisation, more choice and more sustainability in their products.
Francesco Fulcoli
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