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.

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.

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.

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.

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.

Some of the world’s leading finance and tech firms have come together to form a new industry coalition in the UK to fight economic crime through digital verification, the Centre for Finance, Innovation and Technology (CFIT) has announced today.

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.

Barclays today announces the appointment of Arnaud Bouyer as Head of Investment Banking for France BeLux. He will have overall responsibility for the French Investment Banking business, working closely with Francois Baroin, Chairman of Barclays in France and Raoul Salomon, France CEO, to accelerate the growth of our business in France.

Regulation plays a critical role in shaping the fintech landscape. From Consumer Duty and FCA annual risk reporting to APP fraud, the tectonic plates of the sector are shifting and whether you consider these regulations as benefiting or hindering the industry, businesses are struggling to keep up.