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HSBC acquires Silicon Valley Bank UK Limited

Strategic acquisition to strengthen HSBC’s banking franchise in UK

HSBC Holdings plc announces that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1.

Monday, March 13, 2023 - 15:05
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Financial IT
CompoSecure Chief Product and Innovation Officer to Speak at Finovate Europe 2023 About Secure Authentication

CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security and authentication solutions, today announced that Dr.

Monday, March 13, 2023 - 14:40
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Financial IT
‘Digital Currencies will Play a Crucial Role in the Financial Landscape’, Reports The Payments Association

The Payments Association, which celebrates innovation and collaboration across the payments industry, has set out seven clear conclusions to help steer the debate in the UK’s future for digital currencies.

Monday, March 13, 2023 - 14:34
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Financial IT
E-invoicing Changes are Sweeping Across Europe. Is Your Company Ready?

Driven by a desire for growth; a need to cut down on fraud and to make business transactions more seamless, governments across Europe have started changing their mandates for e-invoicing. 

Monday, March 13, 2023 - 13:55
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Financial IT
Connectd Raises $2.6M to Help Grow and Manage Relationships in the Startup Ecosystem

Connectd, the leading platform for managing and growing relationships between startups, investors and advisors, has secured $2.6m in seed funding as it continues its expansion.

Monday, March 13, 2023 - 13:51
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/news/fundraising-news/connectd-raises-26m-help-grow-and-manage-relationships-startup-ecosystem
Financial IT
7th Edition Connected Banking Summit East Africa - Innovation & Excellence Awards 2023 Concludes with Resounding Success

The Summit brought together the best and brightest minds in the banking, financial services, fintechs and techfin sectors. The event, which took place on 7th March 2023, featured insightful speakers, award-winning companies, and top-notch sponsors.

Monday, March 13, 2023 - 13:46
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/news/banking/7th-edition-connected-banking-summit-east-africa-innovation-excellence-awards-2023
Financial IT
FCA Urges UK Banks to Consider Cutting Mortgage Payments - Tink Comment

The FCA’s call for flexibility on mortgage repayments to support struggling homeowners highlights the financial stress many people in the UK are currently experiencing. Tink’s research shows that nearly one in four (24%) Brits have already missed, or expect to miss, a mortgage or rent payment due to the rising cost of living.

But there are ways that banks can harness financial technology to help support people in challenging economic times.

Monday, March 13, 2023 - 13:39
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Financial IT
AppTech Payments Corp. to Attend Nuvei Partner Conference

 AppTech Payments Corp. (“AppTech”), an innovative Fintech company powering seamless, omni-channel commerce between businesses and consumers, today announced that management will participate at the Nuvei Partner Conference taking place March 12-14, 2023 at the Talking Stick Resort in Scottsdale, AZ.

Monday, March 13, 2023 - 11:34
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Financial IT
ComplyAdvantage Hires Jim Anning as Chief Data Officer

ComplyAdvantage, the leading fraud and financial crime detection firm, has named Jim Anning as the company’s Chief Data Officer as part of its commitment to innovation in anti-money laundering / countering financial terrorism (AML/CFT) services.

The newly created role on the Executive Leadership Team reflects the centrality of quality and comprehensive insights to the company’s mission and products.

Monday, March 13, 2023 - 10:44
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Financial IT
13/03 – Weekly Investment & Fundraising News

Monnai Raised $6.5M in a Series A Round Led by Tiger Global

Monday, March 13, 2023 - 10:20
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Financial IT

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