Putting banks at the heart of business.
BankiFi provides an open cash management platform and architecture that financial institutions embed into their current digital banking infrastructure to address the specific issues of their SMB portfolio. The platform enables financial institutions to provide a set of integrated services – accounting, invoicing and payments – designed around the processes SMB and trade customers use to run their business.
The regulator cited Axiom Bank for unsafe and unsound practices as well as violating the Bank Secrecy Act and anti-money laundering requirements.
The Praetura Commercial Finance (PCF) team reveals that they have secured £200m asset-based lending securitisation with Barclays.