ClearBank - News, Articles & Research

Finextra TV/crypto

Why a decision on UK CBDC comes down to robust use-cases

Andrew Smith, chief technology officer, and co-founder at RTGS.global speaks to FinextraTV on the current surge in interest around central bank digital currency (CBDC) across the globe. Smith questions the necessity of many popular CBDC use-cases, explores the technical challenges and opportunities that could arise in the delivery of a digital pound, and canvasses the role that digital identity would play in such a project.

17 May 2021

Company announcement/regulation

ClearBank chooses Napier transaction screening tech

Napier, the London-based provider of next-generation anti-financial crime compliance solutions, has announced that it will be providing ClearBank, the cloud-based clearing bank, with its advanced Transaction Screening system.

11 May 2021

News/regulation

ClearBank: Third of fintechs face regulatory scrutiny due to agency banking partners

Based on an independent survey of 100 fintechs across the Netherlands, Lithuania, Sweden, Switzerland, and the UK, a report by ClearBank reveals a multitude of challenges fintechs experience at the hands of their agency bank’s shortcomings.

23 March 2021

Company announcement/payments

RationalFX levels-up payments proposition with ClearBank

ClearBank, the cloud-based clearing bank, today announced it is supporting RationalFX, a leading UK payments and foreign exchange provider, with a range of tailored payments services that will improve the visibility, liquidity and control of funds for RationalFX’s customers.

10 March 2021

News/regulation

The Kalifa Review’s five-point plan to bolster UK Fintech

The long awaited Kalifa Review of UK Fintech has been released, outlining a comprehensive plan to support and bolster the sector’s significant presence across the globe. Led by Ron Kalifa OBE, the in-depth review was launched almost a year ago as a component of Rishi Sunak’s first budget.

26 February 2021

Company announcement/payments

Manchester Credit Union offers real-time payments via ClearBank

ClearBank, the cloud-based clearing bank, today announced it has enabled real-time payments for Manchester Credit Union members.

16 February 2021

News/startups

Dozens inks Open Banking deal with Bud

UK challenger banking app Dozens has enlisted Open Banking outfit Bud to let prospective customers access some of its services without having to fully sign up.

28 January 2021

Company announcement/crypto

Gemini chooses ClearBank as UK provider

ClearBank, the cloud-based clearing bank, today announced it has been selected by leading cryptocurrency exchange and custodian Gemini as its UK banking services provider.

19 November 2020

Company announcement/covid-19

ClearBank and Tide granted £25m to aid SMEs recovery

ClearBank, the cloud-native clearing bank, in partnership with Tide, the UK’s leading business banking platform[1], have been awarded £25m to help UK SMEs turn recovery from the coronavirus crisis into a growth opportunity.

23 September 2020

News/payments

ClearBank dances on the cloud’s silver lining thanks to Covid-19

For the latest feather in its cap, the cloud-based ClearBank became the first clearing bank to offer multi-currency bank accounts via API. Partnering with JP Morgan, ClearBank will offer clients the ability to move funds between accounts through an API-based connection to JPMorgan, but this is just one step in what promises to be a period of strong growth for the firm.

22 September 2020

News/payments

ClearBank to offer multi-currency accounts via JPMorgan API

ClearBank is to offer clients the ability to create multi-currency bank accounts via a an API-based connection to JPMorgan.

17 September 2020

Company announcement/wholesale

ClearBank and Tide apply for £60 million in grants from RBS bail out scheme

ClearBank and Tide, the UK’s leading business banking platform[1], have announced today that they are working together again to help UK SMEs turn recovery from the coronavirus crisis into a growth opportunity.

03 August 2020