GoCardless Closes Deal to Acquire Nuapay
- 2 years 4 weeks ago
- Payments
Bank payment company GoCardless has completed the acquisition of Sentenial Ltd, operating under the Nuapay brand, from EML Payments Limited (ASX: EML). The deal, which was announced in March, will significantly scale GoCardless’ indirect channel proposition and fast-track the rollout of new capabilities that will enable customers to send as well as collect money through GoCardless.
Computop Appoints Kenneth M. Overgaard-Nielsen to the Management Board
- 2 years 4 weeks ago
- People Moves
Kenneth M. Overgaard-Nielsen joins the management team of the German payment service provider (PSP) Computop as Chief Operation Officer (COO). He joins Ralf Gladis, CEO and founder, Stephan Kück, CTO/ CSO, and Thomas Egglseder, CFO.
Validus Secures Up to US$50M Facility From HSBC to Strengthen Digital Lending for MSMEs in Indonesia
- 2 years 4 weeks ago
- Fundraising News
Validus, a leading digital SME lending platform headquartered in Singapore, today announced the establishment of a debt facility of up to US$50 million from HSBC under the ASEAN Growth Fund strategy and is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing their challenges in accessing financial resources.
Hardbacon Financial Technologies Inc. Announces Closure
- 2 years 4 weeks ago
- Infrastructure
Hardbacon Financial Technologies Inc. (Hardbacon) has announced that all employees have been let go and operations are suspended. The company will declare bankruptcy soon, with possible asset sales to third parties. The app and website remain functional but may be discontinued if hosting payments are stopped.
L&G Selects Moneyhub to Power Its Qualifying Pensions Dashboard Service
- 2 years 4 weeks ago
- Personal Finance
Legal & General (‘L&G’), the largest DC pensions provider in the UK, has appointed Moneyhub, the market-leading fintech and Open Finance firm, as its Qualifying Pensions Dashboard Service technology provider, helping to shift the dial on how people plan and prepare for retirement.
Levi9 and ABN AMRO Clearing Bank Announce Collaboration
- 2 years 4 weeks ago
- Banking
ABN AMRO Clearing Bank (AACB) is a global player in clearing, custody, financing and risk management for multiple financial markets. AACB is active on the international capital markets where innovation and digitalisation are crucial. Levi9 is a high-end company specializing in software, product development, and digital strategy.
Report: Nearly 80% of European Banks Are in the Process of Leaving Legacy Cards Platforms
- 2 years 4 weeks ago
- Banking
A new study released by Tietoevry has found that 79% of banks in Europe are currently in the process of modernizing away from legacy card platforms. This is up from 60% two years before, reflecting the acknowledgment that banks must update their systems in order to meet the demands for faster, smoother, and safer payments experiences.
FinTech Unicorn Mollie Achieves Triple-Digit UK Growth and Welcomes New UK Managing Director to Fuel Next Phase
- 2 years 4 weeks ago
- People Moves
Mollie, one of Europe’s fastest-growing financial service providers, has appointed Dave Smallwood as its UK Managing Director. This appointment comes as the company scales its UK operations following triple-digit year-on-year growth in the first quarter of 2024.
Reward Accelerates Regional Growth With North West Sales Director Appointment
- 2 years 4 weeks ago
- People Moves
Reward Finance Group has strengthened its North West team by promoting Harriet Gibbs as the company’s first ever sales director, to drive forward business growth and deliver high-performance funding. Having established itself as the original and leading authority in the alternative finance industry, Reward has worked to fill the gap in the market left by traditional funding.
Ecommpay Set to Improve Italian E-Commerce Performance With the Addition of Three Local APMs
- 2 years 4 weeks ago
- Payments
End-to-end payments platform, Ecommpay, has signalled its global growth ambitions with the inclusion of 3 key Italian Alternative Payment Methods (APMs). The addition of BANCOMAT Pay, MyBank and Satispay to the Ecommpay platform will enable e-commerce merchants operating both in Italy and those who want to target the Italian market, to improve conversion performance through more tailored payment choice in their online propositions.
Waafi Bank Selects the Bank of London as Its UK Banking Services Provider
- 2 years 4 weeks ago
- Banking
The Bank of London today announces it has been selected by Waafi Bank, a start-up bank based in Malaysia, as its banking services provider to support its plans to enter the UK with its Shariah-compliant banking offering. Founded in 2020, Waafi’s vision is ‘to bring Islamic banking to every corner of the globe’ and provide Muslims with access to financial solutions that align with their faith.
Alisa Bank Plc Appoints Katja Vähäsilta as General Counsel and Member of the Management Team
- 2 years 4 weeks ago
- People Moves
Katja Vähäsilta (LL.M., Trained on the Bench) has been appointed as Alisa Bank Plc’s General Counsel and Member of the Management Team. She will start in this position on 1 October 2024. Vähäsilta moves to Alisa Bank from Nordea Bank, where she has been responsible for the legal affairs of the Nordea Finance business area. Vähäsilta is responsible for Alisa Bank's legal affairs and regulatory compliance.
HSBC Appoints Georges Elhedery as Group Chief Executive
- 2 years 4 weeks ago
- People Moves
Georges Elhedery officially assumes the position of Group Chief Executive of HSBC today. Elhedery, who joined HSBC in 2005, brings nearly three decades of experience in the financial services sector, having held various high-profile international roles. Before his appointment as Group Chief Executive, he served as Group Chief Financial Officer and was previously Co-CEO of Global Banking & Markets and Head of Markets & Securities Services.
Experian and Paylink Solutions Partner to Launch Debt Consolidation Solution
- 2 years 4 weeks ago
- Lending
Experian has today announced its new partnership with Paylink, a leading provider of affordability software and payments, to address affordability restrictions with debt consolidation loans. This partnership will leverage Paylink's pioneering ReFi™ product and expand access to credit for a wider range of consumers through the Experian Marketplace.
Coreless Banking Pioneer XYB Bolsters Lending Team to Accelerate Growth
- 2 years 4 weeks ago
- Lending, People Moves
XYB, the leading coreless banking platform, has strategically strengthened its lending proposition by welcoming a highly skilled team from Bankish, renowned for its innovative lending solutions. Hiring this team will significantly enhance XYB’s lending capabilities and accelerate the advancement of its next-generation lending engines.
