Visa announced today it has appointed Charlotte Hogg as the new executive vice president and chief executive officer for its European operations, effective October 1, 2017. Ms. Hogg will report to Visa’s chief executive officer, Al Kelly, and Visa Europe Limited (VEL) board chairman, Gary Hoffman. Ms. Hogg will join the VEL board of directors and will also be a member of Visa’s global executive committee.

SETL and four asset management firms announced today the launch of IZNES, the pan-European fund record-keeping platform based on blockchain technology.

The platform provides investors, asset management firms, distributors and wealth management advisers with easy and rapid access to fund units. The platform enables firms to enter into new relationships with investors, manage KYC processes, handle subscription / redemption instructions, and settle transactions and record positions.

Hong Kong fintech startup TNG has raised US$115 million in Series A round led by New Margin Capital, a major Chinese private equity fund which has invested over US$1.7 billion in more than 160 companies, with 40 IPO exits.

Participating investors include Taiwan-based venture studio Nogle Group, and Infinity-KBR Group.

The whopping tranche of financing has put TNG at a valuation of US$565 million, according to an official press release.

Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has joined Hyperledger to design and develop open source-based blockchain solutions for enterprise-grade blockchain deployments. 

Barclays, BNL BNP Paribas and Santander are among the many institutions to share their experiences of the new branch paradigm at Branch Transformation 2017, which takes place in London on 28^th and 29^th November

What comes after the branch of the future?

Vistra, a leading global corporate service provider, announced today that it has entered into a definitive agreement to acquire the Corporate Services business of Deutsche Bank’s Global Transaction Banking division. 

YUP is a mobile money solution for accessing a full range of transactional and financial services even without a bank account.

More than half (55 per cent) of UK consumers expect to abandon using cash for shopping in the next two years, according to new research, conducted by Paysafe, a leading global payments provider. The report, called Lost in Transaction, uncovered the rapid move towards a cash-free economy with a third (34 per cent) of Britons only visiting an ATM once a month or less, and one in six saying they rarely carry cash at all, with that figure rising to one in five for under 34s.

iZettle empowers small businesses to grow, helping them accept card and cash payments and manage their business operations, in addition to providing services such as small business funding. 

TMF Group, a leading provider of high value business services to clients operating and investing globally, today announced the appointment of Larry Harding as President of its Consultancy Solutions.