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CryptoUK Appoints Rob McWilliam as non-executive Director

CryptoUK, the trusted voice of the UK crypto industry, has today announced the appointment of Rob McWilliam as its new non-executive director (NED).

Mr McWilliam has held executive roles at two of the most customer-centric businesses in the world, as finance director and vice president of Amazon UK and most recently as chief financial officer of Asda Walmart.

A qualified accountant and experienced NED, Mr McWilliam has current non-executive board appointments at Card Factory PLC and Jisc, the digital agency for UK universities and colleges.

Thursday, November 11, 2021 - 10:35
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/news/cryptocurrencies/cryptouk-appoints-rob-mcwilliam-non-executive-director
Financial IT
Recognise Bank Selects ClearBank to Enhance the SME and Retail Banking Experience

ClearBank, the cloud-based clearing bank, has announced its partnership with Recognise Bank, a subsidiary of City of London Group plc (AIM: CIN) and the UK’s newest SME bank with retail deposit taking capability.

Thursday, November 11, 2021 - 10:31
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/news/banking/recognise-bank-selects-clearbank-enhance-sme-and-retail-banking-experience
Financial IT
Commenting on Soft UK GDP Highlighting Manufacturing and Construction
Thursday, November 11, 2021 - 10:27
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/blog/wealthmanagement-construction/commenting-soft-uk-gdp-highlighting-manufacturing-and
Financial IT
Lightyear Partners with TrueLayer to Deliver Instant Investment Account Funding with Open Banking Payments
  • Lightyear is a new investment platform combining multi-currency accounts with access to global markets so customers can invest without hidden fees.

  • Collaboration with TrueLayer delivers instant account funding using the market-leading open banking platform.

Thursday, November 11, 2021 - 08:53
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/news/open-banking/lightyear-partners-truelayer-deliver-instant-investment-account-funding-open
Financial IT
ADDX Expects Significant Upside in Japan, As Partner Tokai Tokyo Receives Security Tokens License

The two companies will collaborate on issuances by Japanese real estate companies and banks, that will be offered to investors in Japan

Financial services company Tokai Tokyo Financial Holdings and private market exchange ADDX have announced a new partnership to offer fractional private market investment products to investors in Japan, after Tokai Tokyo secured a security tokens license from the Japanese regulator.

Thursday, November 11, 2021 - 08:45
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/news/fundraising-news/addx-expects-significant-upside-japan-partner-tokai-tokyo-receives-security
Financial IT
PlugwalkJoe Indictment Directly Rebuffs Claims that Crypto is Still Wild West

 In the immediate aftermath of the Squid Game token scam, in which many crypto antagonists alluded to the lawlessness in the cryptosphere, Joseph James O’Connor, also known as PlugwalkJoe, was indicted on charges including conspiracy to commit computer hacking, conspiracy to commit wire fraud, conspiracy to commit money laundering, and aggravated identity theft as part of his role in stealing nearly a million dollars’ worth of cryptocurrency utilizing a SIM swap attack.

Thursday, November 11, 2021 - 08:09
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Financial IT
Remitly Reports Third Quarter 2021 Results

Revenue up 69% year over year
Send Volume up 61% year over year
Active Customers up 51% year over year

Remitly Global, Inc. (NASDAQ: RELY), a leading digital financial services provider for immigrants and their families in over 135 countries around the world, reported results for the third quarter ended September 30, 2021.

Thursday, November 11, 2021 - 08:02
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/news/digital-banking/remitly-reports-third-quarter-2021-results
Financial IT
CFPB Takes Action to Prevent Avoidable Foreclosures

Agencies Will Examine for Compliance with COVID-19 Protections

Thursday, November 11, 2021 - 07:57
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/news/covid-19/cfpb-takes-action-prevent-avoidable-foreclosures
Financial IT
Sia: Consolidated Financial Results at 30 September 2021 Approved
  • Revenues of €589.1 million (+12% YoY)

  • EBITDA of €237.3 million (+21.7% YoY)

  • Issuing and acquiring transaction volumes back to pre-Covid growth levels
  • In the third quarter of 2021 revenues of €207.5 million (+9% YoY) and EBITDA of €91.6 million (+12% YoY), confirming the growth trend of the volumes processed

Wednesday, November 10, 2021 - 17:17
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/news/payments/sia-consolidated-financial-results-30-september-2021-approved
Financial IT
Clausematch Launches Strategic Document Modifications Functionality to Boost the Efficiency of Global Compliance Teams

New York Clausematch, the global regulatory technology (RegTech) company automating policy management and regulatory compliance at financial institutions and other regulated organizations, today officially launches its new functionality - document modifications. The decision to launch modifications comes after a request from the company's core clients.

Wednesday, November 10, 2021 - 17:03
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Financial IT

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