PYMNTS

JANUARY 28, 2020

Barclays Corporate Banking is rolling out a unique term loan cashback program to eligible small to medium-sized business (SMB) borrowers in the U.K. million) ENABLE guarantee from the British Business Bank (BBB), Barclays announced Tuesday (Jan. Barclays will give cash back to SMBs that meet the requirements.

Lending 132

Lending Survey Meeting Capital 132

TheGuardian

APRIL 25, 2024

Pre-tax profits drop to £2.3bn between January and March, down from £2.6bn last year • Business live – latest updates Profits at Barclays tumbled by 12% in the first quarter, as higher UK interest rates weighed on demand for mortgages and loans while a backdrop of economic uncertainty affected its investment bank.

Taxes 60

Taxes Report Lending 60

PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). This week’s commercial card innovation tracker includes the launch of business cards by American Express and Amazon in addition to one by Wyndham Hotel & Resorts and Barclays.

Cards 248

Cards Innovation United States Branding 248

Payments Source

APRIL 20, 2016

Barclays Plc named Amer Sajed chief executive officer of its global credit card business, promoting him from the interim-head role he’s held for almost a year.

Cards 60

Cards 60

PYMNTS

SEPTEMBER 28, 2020

Specialist asset finance provider Propel is working with Barclays to offer new access to assets for small- to medium-sized businesses (SMBs), according to a press release. That will let businesses make purchases up to 2 million pounds ($2.6 In April, Barclays began a program to support large U.K.

Online 187

Online Management Marketing Company 187

BankInovation

AUGUST 29, 2023

Barclays Head of Markets Digital Strategy Jennifer Warren will join the Bank Automation News webinar Global Ideas for Better Banking AI on Thursday, Sept. With more than 20 years of experience in financial markets, Warren specializes in spearheading step-change business growth and innovation strategies. 14, at 11 a.m.

Digital Strategies 100

Digital Strategies Strategy Marketing Innovation Strategies 100

PYMNTS

OCTOBER 1, 2020

Goldman Sachs has beat out competitor Barclays to buy General Motors (GM)'s credit card business, according to a report from The Wall Street Journal (WSJ). By beating Barclays in the deal, Goldman now has access to the over 1 million cardholders who account for roughly $8.5 The purchase will go through for approximately $2.5

Cards 264

Cards Apple Lending Maine 264

Chris Skinner

FEBRUARY 5, 2020

Things we’re reading today include … RBS’s digital bank Bo tells customers to shred their cards Starling hits 100,000 business customers as SME banking hots up UniCredit cuts further its stake in Turkey’s Yapi Kredi Barclays faces fresh investor revolt over fossil fuels What the City needs from an EU … The post Things (..)

Digital Banking 278

Digital Banking Cards 278

TheGuardian

JUNE 7, 2023

Barclay family have lost control of crown jewel media assets in bitter row with newspaper group’s lender Business live – latest updates The Daily and Sunday Telegraph are to be put up for sale in an auction after the Barclay family lost control of their crown jewel media assets in a bitter row with the newspaper group’s lender.

National 76

National Groups Company 76

Chris Skinner

FEBRUARY 13, 2020

Things we’re reading today include … UK drug barons ditch banks for money service businesses Five things to look out for in HSBC’s new strategy Looking at the world through the eyes of options traders Australia investigator met other regulators before Citi, Deutsche charges Barclays boss Jes Staley’s links to … The post (..)

Strategy 251

Strategy Regulation 251

PYMNTS

AUGUST 3, 2018

Barclays is the next traditional financial institution to strike a partnership with an alternative lender, announcing Thursday (Aug. 2) that it has invested in small business lending platform MarketInvoice. The tie-up is part of Barclays’ larger initiative to enhance its small business financial services.

Fintech 135

Fintech Lending Capital Innovation 135

PYMNTS

NOVEMBER 20, 2019

Barclays is collaborating with Hitachi on a biometric scanner designed to accelerate and boost the security of corporate transactions. Barclays ‘ BBR was first launched in 2015. Barclays’ corporate banking clients will be able to use the technology early next year. Planet Biometrics reported on Wednesday (Nov.

Security 124

Security Digital Banking Technology Fraud 124

PYMNTS

NOVEMBER 25, 2020

Today in B2B payments, Barclays debuts a corporate trade finance platform, and Adobe introduces B2B data capabilities on its real-time Customer Data Platform. Plus, Zact introduces its expense management solution, Monit adds new small business Banking-as-a-Service features and Plaid teams up with Jack Henry. 24) announcement. “We

Payments 229

Payments Data Management System 229

Chris Skinner

AUGUST 1, 2018

Things we’re reading today include … India’s Bank Crisis Is Really a Power Crisis SocGen’s second quarter profits lifted by overseas businesses Barclays Bank takes stake in MarketInvoice Top UK banks aren’t using the latest tech to secure transactions Barclays profits hit by £2bn of costs Barclays hails progress despite … (..)

Security 171

Security 171

TheGuardian

FEBRUARY 20, 2024

Bank announces drop in profits to £6.6bn as it says it plans to return more to shareholders Business live – latest updates Barclays is to cut £2bn in costs, raising fears of further job losses as the lender shrinks its investment bank in a corporate shake-up intended to increase shareholder payouts by £10bn within three years.

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65

PYMNTS

SEPTEMBER 16, 2020

Plus, Monit is rolling out its mobile finance platform for owners of small businesses. Businesses can fund payroll in nearly real time with the new “Instant Payments” feature, removing the delay between when funds depart the account of a business and enter the accounts of workers. Credit Card Customers.

Apple 243

Apple Payments Cards Mobile 243

PYMNTS

NOVEMBER 9, 2018

Barclays is rolling out an electronic invoicing solution for its U.K. small business customers. 8) said Barclays now allows small and medium-sized businesses to access a mobile eInvoicing tool, including invoice generation and submission. “We know how many business owners aren’t confined to an office.

Tools 169

Tools Mobile Report Payments 169

TheGuardian

MAY 8, 2022

Exclusive: Arrangement has allowed bank to earn billions of pounds nearly tax-free for over 12 years Barclays has avoided nearly £2bn in tax via a lucrative arrangement in Luxembourg that allowed it to pay less than 1% on profits in the tax haven for more than a decade. Continue reading.

Taxes 98

Taxes Analysis Management 98

PYMNTS

FEBRUARY 7, 2019

British financial institution Barclays has invested $12.9 Ruchir Rodrigues, the head of digital and open banking at Barclays , said that Bink, which was founded in 2015, “created a practical and innovative solution to an everyday problem,” and that Barclays is excited to help Bink grow.

United States 180

United States Mobile Innovation Cards 180

TheGuardian

FEBRUARY 20, 2024

Bank increases staff bonus pool by 12% despite hit from exposure to China real estate slump Nice targets, but scepticism is hard to shake at Barclays Business live – latest updates HSBC has nearly doubled the pay packet of its chief executive, Noel Quinn, despite a drop in fourth-quarter profits, which took an unexpected hit from its exposure to China’s (..)

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American Banker

JUNE 12, 2023

UBS Group AG poached nearly a dozen of the firm's top technology bankers, while others have left for Pickering Energy Partners and Jefferies Financial Group Inc.

Groups 36

Groups Technology Management 36

PYMNTS

APRIL 21, 2020

To support large business banking customers affected by COVID-19 in Britain, Barclays is rolling out its Coronavirus Large Business Interruption Loan Scheme. The lending encompasses term loans as revolving credit facilities of a maximum of three years subject to credit approval with a facility term of at least three months.

Lending 130

Lending Capital US Company 130

American Banker

JULY 13, 2023

The business is deposit-taking and offers revolving credit cards as well as loans for small-ticket items. The potential sale could serve as a benchmark for other lenders considering selling their own consumer finance businesses.

Cards 36

Cards 36

TheGuardian

OCTOBER 24, 2023

Third-quarter profits down 4% on a year ago and growth in net interest income from UK retail business stalls Barclays is drawing up fresh cost-cutting plans after a slowdown across its investment bank and concerns over a rise in customer defaults led to a slight drop in third-quarter profits.

Retail 64

Retail 64

TheGuardian

JULY 8, 2021

Operator behind USD Coin will merge with company chaired by former Barclays chief executive Bob Diamond Circle, the company behind digital currency USD Coin, is to float in the US in a $4.5bn (£3.27bn) merger deal with a company chaired by former Barclays chief executive Bob Diamond.

US 96

US cryptocurrency New York Operations 96

PYMNTS

JULY 9, 2018

bank Barclays is encouraging small businesses (SMBs) to invest in new equipment, machinery, vehicles and other assets through a new cash back program, according to reports in The Financial on Friday (July 6). Promoting this important type of finance will encourage more business investment in equipment, plant and machinery.

Lending 100

Lending Community Capital Report 100

PYMNTS

AUGUST 19, 2019

Barclays is now offering £100,000 unsecured lending for SMEs on its app and online banking platform. A recent survey by Barclays found that 44 percent of SMEs said they would have more confidence in applying for a loan if they could see a pre-assessed limit. billion of loans provided to small businesses.

Lending 109

Lending Survey Online Fintech 109

TheGuardian

JANUARY 24, 2023

Stephen Fry, Emma Thompson and Mark Rylance add their voices to Richard Curtis’s Make My Money Matter campaign A raft of famous names including Stephen Fry, Emma Thompson and Mark Rylance have joined activists and businesses in calling on the UK’s big five banks to stop financing new oil, gas and coal expansion.

126

126

PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

Cards 245

Cards Apple Google Technology 245

PYMNTS

APRIL 16, 2018

Barclays , gearing up to drive more innovation, and thus profit, in its U.K. business is creating a venture capital-type unit. According to news from Reuters , Barclays has been having a tough time boosting growth in the U.K. and is launching Barclays UK Ventures to turn that around. businesses. reports said.

Capital 122

Capital Strategy Innovation Operations 122

TheGuardian

SEPTEMBER 21, 2020

Lloyds and Barclays among banks taking action due to lack of post-Brexit trade deal Thousands of Britons living in the EU will have their UK bank accounts closed by the end of the year because of the UK’s failure to agree a post-Brexit trade deal.

Retail 128

Retail 128

TheGuardian

MAY 3, 2023

Lyrics of Stop changed to ‘stop right now, no more oil and gas’ because of bank’s fossil fuel funding Business live – latest updates Barclays’ annual general meeting was disrupted by climate activists deploying Shakespeare-inspired quotes and reworked lyrics of a Spice Girls hit to condemn the bank’s role as one of Europe’s largest funders of fossil (..)

Meeting 78

Meeting Groups 78

PYMNTS

SEPTEMBER 25, 2018

bank Barclays is expanding its European operations with the launch of a digital corporate banking portal, reports in IBS Intelligence said on Monday (Sept. based businesses to those based in the EU. Barclays did not mention Brexit specifically in its announcement of the new portal, however. .

Capital 122

Capital Operations Management Meeting 122

TheGuardian

DECEMBER 15, 2021

If a bank involved in initiative decides to close a branch, it will inform ATM network Link Major UK banks have agreed to join forces and share services to help people and businesses to continue to be able to access cash.

ATM 97

ATM Groups 97

PYMNTS

OCTOBER 16, 2018

In the midst of cryptocurrency trading volatility, one more bank has backed away from a trading project — this time it is Barclays. The firm had a team place that was directed to look at how digital assets may be brought into its markets business. The plan is now “ on ice ,” according to reports. and Goldman Sachs Group Inc.,

cryptocurrency 134

cryptocurrency Compliance Strategy Marketing 134

PYMNTS

OCTOBER 9, 2019

Barclays Bank is no longer going to let its customers withdraw cash from U.K. 8, Barclays customers are only going to be able to deposit money, and they’ll no longer be able to take any cash out. Barclays said that a new cashback scheme would help customers in remote areas. Beginning Jan.

Community 109

Community Cards Report Payments 109

PYMNTS

JANUARY 31, 2019

financial institution Barclays has moved about 15 percent of its total assets to Dublin in anticipation of Brexit, reports in the BBC said on Wednesday (Jan. trillion in moved assets involves about 5,000 of the bank’s clients, while Barclays noted that it expects minimal impact on its staff in London. “As

Operations 122

Operations Report Marketing Payments 122