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Varo Bank, the first all-digital nationally chartered bank in the U.S., today announced the hiring of Asmau Ahmed as the company’s first Chief Artificial Intelligence and Data Officer (CAIDO). Reporting directly to CEO Gavin Michael, she will lead company-wide AI and machine-learning efforts.
Fiserv, Inc., a leading global provider of payments and financial services technology, today announced it has acquired CardFree, an all-in-one platform empowering merchants with customized order, pay, and loyalty solutions. This transaction enhances the capabilities of Clover®, the world's smartest point-of-sale solution, to support small businesses as they grow into larger, multi-location merchants with complex technical needs.
Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, today announced its acquisition of Breakout, an evaluation-based proprietary trading firm that provides skilled traders with the opportunity to earn payments for successfully deploying strategies at scale.
New data from Checkout.com, leading global digital payments company, reveals significant peaks in online clothing spending, with August emerging as the most notable month of the year for consumer fashion purchases. Transaction data shows a clear spike at the end of the month, with the last week of August (ending 31st) seeing an astonishing 70.8% surge in spending compared to the average week for the year to date.
Thread Bancorp, Inc., the parent company of Thread Bank, today announced the appointment of Dan Chang as General Counsel and Chief Compliance Officer. Chang will lead regulatory and compliance oversight, overseeing the Bank’s continued commitment to regulatory soundness as it broadens the range of consumer and commercial services offered through its embedded banking platform.
The Bank of England (the Bank) has today published a Discussion Paper (DP) on potential measures to enhance the resilience of the UK government bond (‘gilt’) repo market, developed in close consultation with the Financial Conduct Authority (FCA) and with input from HM Treasury and the UK Debt Management Office (DMO).
Leading global payments company Payroc is proud to announce a new partnership with Cinfed Credit Union, a respected financial institution serving businesses and consumers across Greater Cincinnati, Ohio.
Starting today, BUUT, the new bank from the creators of Tikkie, is available for download. Designed specially for teenagers and their parents, BUUT helps young people take control of their money using handy pots that make payments and saving money easy. Simple to use, 100% visually driven, and aligned with the world inhabited by the new generation. On top of that, BUUT offers a personalised newsfeed with financial tips and tricks from experts, peers and educators. Like Tikkie, BUUT is part of ABN AMRO.
