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Robinhood Chief Product Officer Quits

In the same week, it announced plans to axe nearly a quarter of its staff, and trading app Robinhood has lost chief product officer Aparna Chennapragada.

Chennapragada joined the company from Google a little over a year ago as its first chief product officer to oversee all product, design and research.

Monday, August 8, 2022 - 08:39
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/news/people-moves/robinhood-chief-product-officer-quits
Financial IT
Goldman Sachs’s Credit Card Division Under Investigation by CFPB

Goldman Sachs’ credit cards unit is undergoing investigation by the Consumer Financial Protection Bureau (CFPB).

According to a securities filing on Thursday, the Wall Street giant was a subject of examination by the CFPB for possible charges of fraud relating to the company's management issues in processing refunds, errors with consumer accounts, and reporting back to the bureau, and advertising.

Monday, August 8, 2022 - 08:32
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/news/compliance/goldman-sachss-credit-card-division-under-investigation-cfpb
Financial IT
Akurateco will Represent Ukraine at TechBBQ 2022

Eight Ukrainian startups selected by Ukrainian Startup Fund will participate in TechBBQ 2022 on behalf of the country. Among them is the payment orchestration platform Akurateco. The company offers a brandable, white-label solution allowing users to own the end-to-end, ready-to-use PCI DSS gateway.

Monday, August 8, 2022 - 08:20
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/news/fintech-startups/akurateco-will-represent-ukraine-techbbq-2022
Financial IT
Entrepreneurs Need Search No Longer; New Qodeo App Provides ‘Dating-style’ Service with Funders

A unique service which replicates popular dating apps to match start-up and young company leaders with established venture capitalists and private equity firms can now be accessed via a mobile app.

Friday, August 5, 2022 - 15:25
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/news/investment/entrepreneurs-need-search-no-longer-new-qodeo-app-provides-dating-style-service
Financial IT
American Express Launches Digital, Cross-Border Payment Solution for US Small Businesses

American Express the leading Small Business Card issuer in the U.S. announced American Express Global Pay a new digital solution that enables U.S. businesses to securely2 make domestic and international business-to-business (B2B) payments. Through this new digital solution, business customers can send payments funded from their business bank account to their suppliers in more than 40 countries, across a range of currencies, using a simple, mobile-friendly platform.

Friday, August 5, 2022 - 15:05
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/news/payments/american-express-launches-digital-cross-border-payment-solution-us-small-businesses
Financial IT
ACI Worldwide and CARDNET Partner to Modernize Digital Payments in Japan

ACI Worldwide the global leader in mission-critical, real-time payments software, announced an agreement with Japan’s leading central domestic payment network, Japan Card Network, Inc, CARDNET, to modernize its digital payments infrastructure.

The agreement will see ACI work with CARDNET to provide the latest digital payments technology and next-generation solutions to CARDNET’s customers.

Friday, August 5, 2022 - 14:58
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/news/payments/aci-worldwide-and-cardnet-partner-modernize-digital-payments-japan
Financial IT
Revnue Launches Contract Authoring and Negotiation Capabilities to Complete its Contract Lifecycle Management Platform

Revnue announced this week the launch of its Pre-Signature feature that empowers organizations to author, execute, and manage contracts within a single, unified platform.

Friday, August 5, 2022 - 14:18
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/news/management/revnue-launches-contract-authoring-and-negotiation-capabilities-complete-its
Financial IT
Kinecta Recognized as the #1 Credit Union Provider in the South Bay

The LA Times hosted the second annual reader's choice poll and Kinecta Federal Credit Union, a leading financial services provider based in the South Bay area of Los Angeles, was voted the number one credit union provider in the South Bay. This means Kinecta's members in the South Bay, Long Beach, South Los Angeles and the Southeast Los Angeles region made Kinecta their first choice for their banking needs. 

Friday, August 5, 2022 - 14:09
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/news/banking/kinecta-recognized-1-credit-union-provider-south-bay
Financial IT
AMTD Digital Hits $310B Valuation

AMTD Digital (HKD) listed on NYSE is a Hong Kong-based company that has taken Wall Street by storm. Since the day the stock of HKD was listed, the stock price had skyrocketed by over 14000% to close at $1679! The IPO price of HKD was $7.8 and in less than a month of trading, the HKD stock has seen an intra-day high of $2555 rising from the lows of $12 on the listing date.

Friday, August 5, 2022 - 10:51
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/news/fintech-startups/amtd-digital-hits-310b-valuation
Financial IT
Recognise Bank Appoints Jean Murphy as CEO

Digital SME banking startup Recognise Bank has appointed Jean Murphy, a former senior banker at Credit Suisse, JPMorgan and Goldman Sachs, as CEO.

Alongside her background in banking, Murphy has spent the past seven years running her own wealth management startup, FSG.

Friday, August 5, 2022 - 10:33
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/news/people-moves/recognise-bank-appoints-jean-murphy-ceo
Financial IT

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