Bank of England Governor Andrew Bailey Announced Sebastian Walsh as the New Head of Leeds
- 2 years 2 weeks ago
- People Moves
The Governor of the Bank of England, Andrew Bailey, has today announced that Sebastian Walsh is to become the newly appointed Head of Leeds. In this role, he will help deliver the Bank’s ambitious plans for a more significant presence in the city, by being responsible for the Bank’s growing operation in Leeds. Alongside our regional Agency network, Sebastian will support engagement with our stakeholders across the north of England.
Qashier Launches QashierPay Soundbox, with Auditory Alert Capabilities to Safeguard Against Payment Fraud
- 2 years 2 weeks ago
- Payments
Fintech startup Qashier today unveiled its QashierPay Soundbox in Malaysia, a revolutionary QR payment terminal designed to elevate the safety and security of digital payments and support businesses as they digitise.
NatWest Acquires Metro Bank Mortgage Portfolio
- 2 years 2 weeks ago
- Investment
NatWest Group plc today announces that it has entered into an agreement with Metro Bank plc to acquire a £2.5 billion portfolio of prime UK residential mortgages, with a weighted average current loan to value of c.62%. On completion of the transaction NatWest Group expects to welcome around 10,000 customer accounts which will continue to be serviced by Metro Bank, in accordance with current arrangements, following the transfer to NatWest Group.
Marqeta Becomes First Issuer Processor in the US Certified to Enable Visa Flexible Credential
- 2 years 2 weeks ago
- Payments
Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is working with Visa and Affirm to offer the Visa Flexible Credential, a single card product that can toggle between payment methods, putting the power of choice in the hands of the consumer.
Cowbell Secures $60 million Series C Funding from Zurich Insurance Group to Scale Up Operations and Advance Global SME Cyber Adoption
- 2 years 2 weeks ago
- Fundraising News
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises, announced today that it has closed a $60 million Series C equity investment from Zurich Insurance Group, a leading global multi-line insurer.
Insurtech UK Launches New Advisory Panel to Strengthen UK Insurtech Sector
- 2 years 2 weeks ago
- Insurtech
Insurtech UK today launches a new Advisory Panel convening senior leaders from across the insurance industry to progress strategic priorities for the future growth of UK insurtech.
John Tuttle Appointed President of Acrisure
- 2 years 2 weeks ago
- People Moves
Acrisure today announced that John Tuttle, currently Vice Chairman of the New York Stock Exchange, will join Acrisure as President, effective September 1, 2024. Tuttle will relocate to Grand Rapids and report to Acrisure Co-Founder, Chairman and CEO Greg Williams.
Fundabl Completes $3.2 Million Equity Raise
- 2 years 2 weeks ago
- Fundraising News
Fundabl today announced the completion of a $3.2 million equity raise and establishment of an upsized debt facility, alongside an ambitious plan to tackle the funding gap for Australia's most promising businesses. With a sweet spot for providing loans between $500,000 and $5 million, Fundabl is meeting the demand for businesses often overlooked by traditional lenders and facing a challenging funding climate, by providing a new capital resource.
UnionPay International Enhances European Airport Acceptance, Upgrades Payment Services for Summer Travelers
- 2 years 2 weeks ago
- Payments
As the summer travel season heats up, more tourists are flocking to Europe, and UnionPay card acceptance at point-of-sale (POS) terminals in Europe now exceeds 80%. UnionPay International is making strides in enhancing the payment experience at key European airports, including those in France, Germany, and Italy. Using UnionPay cards during international travel has become a popular choice for travelers.
Overburdened and Burnt Out, Finance Teams Call Out for Automation to Address Lack of Resources Driven by Economic Uncertainty: Medius
- 2 years 2 weeks ago
- Infrastructure
55% of finance professionals are reportedly experiencing burnout, with 58% planning to leave the sector and follow a different career path. With mounting economic uncertainty, finance teams are facing budget cuts, fewer resources, and higher burnout than ever before, contributing to these figures. The resulting pressure and stress are adding up, and organizations are scrambling for solutions.
Alt.Bank Migrates Card Operations to Pismo
- 2 years 2 weeks ago
- e-Payments
alt.bank, whose novücard is Brazil’s only credit card with automatically increasing limits, migrated its legacy credit card infrastructure to Pismo in just five months.
Alipay+ Expands to Serve 90 Million Global Merchants in 2024 Summer Campaign Following UEFA EURO Craze
- 2 years 2 weeks ago
- Payments
Alipay+, the cross-border mobile payment and digitalization solutions operated by Ant International, continued its global summer campaign, which was kicked off by UEFA EURO 2024, in preparation for the travel industry's full rebound by the end of 20241.
Airwallex Partners With Float to Deliver Fast, Cost-Effective Bill Payments to Canadian Businesses
- 2 years 2 weeks ago
- Payments
Airwallex, a leading global payments and financial platform for modern businesses, today announced a partnership with Float, one of Canada’s fastest-growing B2B fintechs, to enable fast and cost-effective bill payments for both domestic and overseas transactions.
BofA’s CashPro® App Surpasses $500 Billion in Payment Approvals
- 2 years 2 weeks ago
- Payments
Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over the last couple of years. Corporate payment approvals completed via the CashPro App surpassed a record $500 billion as of the middle of this year – up nearly 40% compared to the middle of last year – and are on pace to reach a trillion dollars by the end of 2024. CashPro app video
SWIVEL Announces Unique Apple Pay® Integration Capability to Improve Loan Payment Performance for Community Financial Institutions
- 2 years 2 weeks ago
- Payments
SWIVEL, a transaction enablement fintech that removes friction in the movement of money for financial institutions and other payment communities, announced today its integration with Apple Pay® that enables its credit union and community bank clients to accept loan payments from members and customers through the mobile wallet.
