Claflin University breaks ground on Center for Biotechnology and Innovation $17.4 million NIST grant supports construction of STEM facility 32,000-square-foot building will house AI, biotech and cybersecurity labs Project aims to boost student research and workforce readiness Claflin University kicked off construction on its future Center for Biotechnology and Innovation with a groundbreaking on March 20. The university says the center will expand faculty and student research, providing students hands-on experience with advanced technology that will transform in-class and online pedagogy. Claflin STEM graduates will be even more prepared for leadership positions in the fast-paced tech industry, the…
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By Vriti Gothi Today AI Cross Border Payments Digital Bank Paymentology is supporting Snappi as the digital bank enters a new phase focused on scaling operations, expanding product capabilities, and strengthening regulatory readiness following its market launch. Snappi is among Europe’s newest fully licensed digital banking entrants, having secured a universal banking licence from the European Central Bank in 2024. The licence enables the bank to offer a full suite of services, including deposits and lending. It subsequently launched publicly in 2025 as Greece’s first ECB-licensed neobank, providing mobile onboarding, IBAN accounts, cards, SEPA transfers, and other core banking services…
By Ailsa Craig and Marek Poszepczynski, portfolio managers at International Biotechnology Trust (IBT) Despite the progress made across the biotechnology sector in recent years, it is still seen by many investors as being defined by early-stage science and binary outcomes. This perception reflects the opportunity set of the past, when success or failure was driven largely by the results of individual clinical trials. While clinical outcomes remain highly relevant, a more mature profile is now emerging, with a growing proportion of companies moving beyond clinical risk into a new phase of development. Many are now approaching commercialisation, supported by late-stage pipelines, an increasing number of approved therapies and clear regulatory pathways. The key question for investors should therefore be…
Triodos Bank UK has appointed Suraj Lakhanpal as its senior relationship manager to bolster its presence in the sustainable lending sector. The bank is based in the Netherlands and operates across the UK, Germany, Spain and Belgium. It has financed green residential and commercial projects since 2007. Lakhanpal will specialise in sustainable property at Triodos Bank UK and brings more than 20 years of experience in UK real estate finance. This includes supporting SME property developers and intermediaries in senior roles at Homes England, Nationwide and RBS, working across the residential, commercial and specialist sectors. Lakhanpal and the wider…
As reported in the rating agency’s press release, assigned ratings are motivated by the Bank’s adequate levels of capitalization, liquidity, asset quality, as well as high profitability. As per the report of the rating agency, RBK’s assets are well balanced between net loans (end-2025: 54%) and non-loan assets, primarily comprising highly liquid items. Fitch Ratings stressed in its analysis the fact Bank RBK is expanding into the retail segment to diversify its revenue base. The agency noted that Bank RBK’s level of non-performing loans is moderate, below the banking sector average, and that the bank has a high level of…
As reported in the rating agency’s press release, assigned ratings are motivated by the Bank’s adequate levels of capitalization, liquidity, asset quality, as well as high profitability. As per the report of the rating agency, RBK’s assets are well balanced between net loans (end-2025: 54%) and non-loan assets, primarily comprising highly liquid items. Fitch Ratings stressed in its analysis the fact Bank RBK is expanding into the retail segment to diversify its revenue base. The agency noted that Bank RBK’s level of non-performing loans is moderate, below the banking sector average, and that the bank has a high level of…
WHY THIS MATTERS O Bee Credit Union’s move to Tyfone’s nFinia platform reflects a broader shift among community financial institutions toward modern, digital-first banking experiences. As member expectations rise—driven by fintechs and large banks—credit unions are under pressure to deliver seamless, mobile-centric services while maintaining their community-focused approach. Migrating from legacy systems to API-driven, configurable platforms enables institutions like O Bee to offer faster payments, improved personalisation, and integrated financial tools without the constraints of outdated infrastructure. The emphasis on business banking capabilities is particularly notable. With growth in small business membership, credit unions are increasingly competing in areas traditionally…
Kroo Bank is revising its expectations for profitability after a shake-up of its senior leadership team under a new chief executive brought in at the end of last year.The challenger bank was aiming to reach its first month of profit last year and planned its first profitable year this year, but has implemented a “revised plan” which now aims to reach in-month break-even and profitability between late 2026 and early next year.Want to continue reading The Banker?Benefit from expert analysis, exclusive data and rankings, clear insight into innovation, regulation and strategy, and the context you need to stay ahead of…
Investing.com — Deutsche Bank expects UK GDP to expand by 0.2% month-on-month in February, following a disappointing January reading, according to the bank’s latest nowcast models released Thursday. The bank’s economists project broad-based momentum across services, production and construction sectors for February. Deutsche Bank also sees potential for an upward revision to January’s GDP figures. For the first quarter of 2026, Deutsche Bank forecasts GDP growth of 0.3% quarter-on-quarter, though recent nowcast iterations suggest a slightly weaker print of 0.1% to 0.2% quarter-on-quarter. The services sector is expected to have picked up after flatlining in January. Deutsche Bank projects transport…
Lloyds upgraded by Citi as Iran war expected to support bank sector earnings Proactive financial news Source link