Coreless Banking Provider XYB to Help Modernise Core Banking with IBM
- 3 months 1 week ago
- Core Banking
XYB, the leading Coreless Banking Platform business, has announced its plans to help banks modernize their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services organisations address the growing requirements for core modernisation initiatives.
Atom Bank Appoints Ayshea Robertson as Chief People Officer
- 3 months 1 week ago
- People Moves
Atom bank, the UK’s first app-only bank, has appointed Ayshea Robertson as its new Chief People Officer (CPO). Ayshea joins from Zen Internet, the internet service provider, where she spent six years as CPO and Board Director. She has significant experience leading HR functions within a wide range of businesses over the course of her career, including at Bellway Homes, Technology Services Group and Newcastle Building Society.
Ebury Strengthens Its Institutional Solutions Division with Senior Hires and Expands Its Global Coverage
- 3 months 1 week ago
- People Moves
Ebury, the global financial technology firm, is pleased to announce the strengthening of its Institutional Solutions team, reinforcing its commitment to supporting the alternative fund management industry. The firm welcomes two new hires: Tom Farrow and Aaron Bird.
Experian Partners with Oakbrook to Launch Innovative Debt Consolidation Loans
- 3 months 1 week ago
- Lending
Experian Consumer Services is excited to announce a partnership with Oakbrook, a leading non-bank consumer lender, to offer debt consolidation loans on the Experian Marketplace using Paylink’s innovative ReFi technology. This collaboration marks a significant milestone in improving financial inclusion and unlocking access to credit for more customers.
Paul Marriott-Clarke Joins Worldline to Drive Merchant Services Business
- 3 months 1 week ago
- People Moves
Worldline, a global leader in payment services, announces the appointment of Paul Marriott-Clarke as Head of Merchant Services business, effective 7 October 2024. Paul Marriott-Clarke succeeds Marc-Henri Desportes, who has led the division since February 2024 alongside his other roles.
Temenos Appoints Barb Morgan as Chief Product and Technology Officer
- 3 months 1 week ago
- People Moves
Temenos today announced the appointment of Barb Morgan, as Chief Product and Technology Officer. Reporting to Temenos CEO Jean-Pierre Brulard, Barb will join the company’s Executive Committee and lead the technology and product organization. Her appointment is effective immediately.
“It Simply Isn’t Good Enough” - Revolut Calls for Meta to Commit to Sharing Reimbursement of Fraud Victims
- 3 months 1 week ago
- Fraud Detection
Revolut, the global fintech with over 45 million global customers, is calling on Meta to commit to sharing reimbursement of fraud victims, arguing that its recently announced data-sharing partnership with UK banks and financial institutions falls woefully short of what’s required to tackle fraud globally.
FCA Fines Starling Bank £29M for Failings in Their Financial Crime Systems and Controls
- 3 months 1 week ago
- Infrastructure
Starling grew quickly, from approximately 43,000 customers in 2017 to 3.6 million in 2023. However, measures to tackle financial crime did not keep pace with its growth.
FOMO Pay Partners Visa to Expand Digital Payments Acceptance for Small Medium Enterprises in Singapore
- 3 months 1 week ago
- Payments
FOMO Pay, a leading Singapore-based major payment institution announced a strategic partnership today with Visa, the world’s leader in digital payments. Through this collaboration, FOMO Pay will integrate Visa’s QR into the SGQR network, enabling cardholders to scan the QR code and pay with their Visa cards. FOMO Pay will enable SGQR merchants to accept Visa QR payments, enabling the use of Visa credit and debit cards for scan-and-pay in...
UK Financial Institutions Double Investment in AI Over the Past 12 Months
- 3 months 1 week ago
- Investment
The number of UK financial institutions investing in artificial intelligence (AI) has doubled within a year, according to Lloyds Bank’s ninth annual Financial Institutions Sentiment Survey. Almost two-thirds (63%) of respondents are investing in the emerging technology, up from one third (32%) in 2023.
Africa to See Triple-Digits Growth in Consumer Spending Over the Next Decade, EBANX Shows
- 3 months 1 week ago
- Personal Finance
Rising African countries are among the fastest-growing regions in consumer spending, according to data from the World Data Lab analyzed by EBANX, a global technology company specializing in payment services for rising markets. The giant Egypt will accelerate growth by 167%, while the smaller economies, like Ethiopia, will grow by an impressive 429% in the next decade. Kenya (115%), Morocco (107%), Ghana (106%), and South Africa (42%) are also...
Glia Launches Unified Interactions Index Online Calculator
- 3 months 1 week ago
- Financial
Glia, the leader in customer interaction technology, announced the launch of its Unified Interactions Index Calculator today, providing a seamless, guided digital process for financial services companies to benchmark themselves against over 500 peer companies.
Erste Group and Salt Edge Unite to Bring Advanced Multi-Banking Services to the CEE Region
- 3 months 1 week ago
- Banking
With a rich history of over 200 years in the banking industry, Erste Group, a powerhouse in Eastern Europe’s financial services, has chosen to collaborate with Salt Edge, a leading open banking solutions provider. This strategic partnership, backed by the extensive expertise of both entities, is set to revolutionise multi-banking services in the CEE region. The aim is to bolster the multi-banking functionalities for Erste Group’s retail and...
Visa Introduces the Visa Tokenized Asset Platform
- 3 months 1 week ago
- Blockchain
Visa, a global leader in digital payments, is helping to bridge existing fiat currencies with blockchains through the Visa Tokenized Asset Platform (VTAP), a new product designed to help financial institutions issue and manage fiat-backed tokens on blockchain networks.
Backbase Unveils New Amsterdam Headquarters, Amplifying Its Culture of Innovation
- 3 months 1 week ago
- Infrastructure
Backbase, the creator of the Engagement Banking Platform, celebrated the grand opening of its global headquarters at Oosterdoksstraat 114 in Amsterdam. This move is more than just a change of address; it represents another step forward in Backbase's mission to re-architect banking around the customer and reaffirms its strong commitment to a culture of collaboration and a can-do mentality.