All content with RSS
In a UK first, Lloyds Bank has partnered with Cleareye.ai, a specialist artificial intelligence platform, using AI to streamline the processing and compliance checking of trade finance documentation to drive efficiencies for clients.
UK Digital MGA Ripe today confirmed that Alan Thomas, the former UK CEO at Simply Business, has joined the team to power their next phase of growth.
Zilch, the world’s first ad-subsidised payments network (ASPN), today announced its first month of operating profit while surpassing a revenue run rate of more than $130m (£100m). The business has reached these milestones within just four years of launching its groundbreaking consumer payment platform. Zilch also announced the appointment to its Board of Mark Wilson, former CEO of Aviva and AIA and current member of BlackRock’s Board of Directors.
Appital, the peer-to-peer price discovery and liquidity sourcing technology for asset managers, today announced the addition of Virtu Financial’s POSIT MTF as an European execution venue, expanding Appital’s European equity coverage to more than 21,000 equities across 24 European countries.
Kenneth M. Overgaard-Nielsen joins the management team of the German payment service provider (PSP) Computop as Chief Operation Officer (COO). He joins Ralf Gladis, CEO and founder, Stephan Kück, CTO/ CSO, and Thomas Egglseder, CFO.
Bank payment company GoCardless has completed the acquisition of Sentenial Ltd, operating under the Nuapay brand, from EML Payments Limited (ASX: EML).
The deal, which was announced in March, will significantly scale GoCardless’ indirect channel proposition and fast-track the rollout of new capabilities that will enable customers to send as well as collect money through GoCardless.
Validus, a leading digital SME lending platform headquartered in Singapore, today announced the establishment of a debt facility of up to US$50 million from HSBC under the ASEAN Growth Fund strategy and is aimed to support financial inclusion for micro, small and medium enterprises (MSMEs) in Indonesia, addressing their challenges in accessing financial resources.
Hardbacon Financial Technologies Inc. (Hardbacon) has announced that all employees have been let go and operations are suspended. The company will declare bankruptcy soon, with possible asset sales to third parties. The app and website remain functional but may be discontinued if hosting payments are stopped.
ABN AMRO Clearing Bank (AACB) is a global player in clearing, custody, financing and risk management for multiple financial markets. AACB is active on the international capital markets where innovation and digitalisation are crucial. Levi9 is a high-end company specializing in software, product development, and digital strategy.
