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HSBC Group Chairman Announces Retirement Plans

Sir Mark Tucker has advised the HSBC Board of his intention to retire as Group Chairman before the end of 2025.

Sir Mark, who became Chairman in October 2017, said it had been a “great honour and privilege” to lead the Board over the past eight years.

“I am deeply grateful for the trust and support I have received from the Board, management and colleagues and am very proud of all that we have accomplished together,” he said.

Tuesday, May 6, 2025 - 08:38
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Financial IT
Former Global Head of Visa Commercial Joins Cardlay Advisory Board

Cardlay, a global leader in commercial card and spend management solutions, today announced the appointment of Alan Koenigsberg—former President of Visa Global Services and prominent fintech executive—to its Advisory Board. This strategic addition signals a major step in Cardlay’s expansion into the U.S. market.

Tuesday, May 6, 2025 - 08:35
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Financial IT
Binance Partners with Kyrgyzstan to Boost Crypto Development

We are excited to announce that Binance has partnered with the National Agency for Investments under the President of the Kyrgyz Republic to drive forward the development of digital assets in the region. The Memorandum of Understanding (MoU) was signed during the first meeting of the Council for the Development of Digital Assets, attended by President Sadyr Nurgozhoevich Japarov.

Tuesday, May 6, 2025 - 08:31
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Financial IT
Verdane-Backed Corlytics Becomes the First Dedicated RegTech to Earn ISO 42001 Certification for AI Governance

Corlytics, the global RegTech leader backed by Verdane, becomes the first RegTech firm to achieve the ISO/IEC 42001:2023 certification for its business-wide AI management system. This establishes Corlytics’ commitment to AI Governance. It joins ranks alongside a few leading technology companies. 

Tuesday, May 6, 2025 - 08:28
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Financial IT
Brite Payments Expands Instant Payments Reach in Germany with OXID eSales

Brite Payments, a specialist provider of instant payments, today announced a partnership with OXID eSales, one of Germany’s leading providers of E-Commerce shop solutions. The partnership brings the extensive benefits of Brite Instant Payments and Brite Instant Payouts to users of OXID’s shop system through an easy-to-integrate plugin.

Tuesday, May 6, 2025 - 08:25
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Financial IT
AffiniPay Appoints Leslie Witt as Chief Product Officer

AffiniPay, a leader in legal practice management software, integrated payments, and solutions for professionals, is proud to announce the appointment of Leslie Witt, former executive at Headspace and Intuit, as the company’s new Chief Product Officer. Witt will be responsible for leading the company’s product transformation and strategy for leading solutions LawPay, MyCase, CASEpeer, Docketwise and CPACharge.

Tuesday, May 6, 2025 - 08:20
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Financial IT
U.S. Bank Avvance Added to Pure Finance Group’s Home Improvement Lending Platform

U.S. Bank Avvance, a real-time, point-of-sale lending solution, has been selected by Pure Finance Group to support the home improvement lender’s next growth effort.

The integration of Avvance enabled Pure Finance’s efforts to expand into the HVAC segment and is the latest fintech platform to leverage Avvance to provide real-time point-of-sale lending for its own clients.

Tuesday, May 6, 2025 - 08:18
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Financial IT
IFINTEC Finance Technologies Conference and Exhibition

IFINTEC Finance Technologies Conference and Exhibition will be held on 23 September 2025 in Istanbul, Turkey. IFINTEC is a global conference which is one of the most important and prestigious conferences in EMEA region with its focus on Retail Banking, Digital Banking, Core Banking, Artificial Intelligence, Digital Transformation, Payment Systems, Banking Technologies, Banking IT Solutions, Secure Banking and Finance Technologies. 

Monday, May 5, 2025 - 14:40
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Financial IT
FCA Seeks Feedback on Regulation of Cryptoasset Trading Platforms in Next Phase of Road to Regulation

Clear crypto regulation will boost confidence in the sector, supporting growth. In this latest discussion paper (DP), the FCA is seeking views on intermediaries, staking, lending and borrowing, and decentralised finance.  

With more people using credit to purchase crypto, the DP also considers whether restrictions should be applied in that area. 

Friday, May 2, 2025 - 14:21
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Financial IT
Klarna Hits 11 Million UK Customers as UK Revenue Soars 30% in Breakout 2024

Klarna, the AI-powered payments and commerce network, crossed 11 million active customers and has doubled its merchant base in a year to 60,000, launching with names like Argos, eBay, Eurostar and John Lewis. The UK is now Klarna’s third-biggest market globally, with revenue up 30% in 2024 alone. It’s a major moment for the Swedish fintech giant as it cements its place in the British retail scene.

Friday, May 2, 2025 - 14:19
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Financial IT

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