HSBC has begun trialling HSBC Nudge, a new consumer finance app designed to help customers achieve their financial goals with the help of gentle ‘nudges’.

A recent study by the London School of Economics and Politics (LSE)*, commissioned by HSBC, utilised behavioural science to explore the barriers to people achieving financial goals.  It identified that leveraging technology, such as automatic messages, was key in helping people to meet their financial ambitions. Based on the LSE research findings, the app applies nudge theory² to encourage good spending habits. 

 Mindtree today announced that it has signed a definitive agreement to acquire Magnet 360, a Salesforce Platinum consulting partner. Magnet 360 brings strong expertise across Salesforce Sales, Service and Marketing Cloud implementations. Combined with Mindtree’s established Salesforce practice, this acquisition positions the company for leadership in addressing the fast-growing cloud-based services market.

FlexTrade Systems, a global leader in multi-asset execution and order management systems, today announced the appointments of Glen Sargeant and Marek Lewandowski as FX Sales Managers for the company’s EMEA region.  Based in the company’s London office, Sargeant will be responsible for buy-side client acquisition while Lewandowski will focus on cross asset acquisition opportunities with a specific focus on the FX space.

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages and payments, today announced key new sales appointments.

Rick Salk joins Volante as Global Head of Sales. Additionally, Nihit Ahuja, Ali Mentesh, Vidya Subramaniam and Peter Martin join as Sales Directors. Nihit, Ali and Vidya will be based in Volante’s London City office while Peter is based in Volante’s Dubai office.

Barclays is launching a new cash collection service ‘Barclays Collect’ for business customers and corporate clients which will save time for hard working businesses across the country, with the service collecting straight from their door.

Neyber, a provider of financial employee benefits, today launches a unique consumer lending platform enabling employers to offer loans at more affordable rates than are accessible on the High Street. Loan repayments are taken through a unique salary deduction technology that integrates directly with employer payroll systems. Neyber plans to lend over £100M throughout the UK over the course of 2016.

Ingenico Group’s online and mobile commerce division combines the former Ogone and GlobalCollect organizations, merging capabilities and offerings, and providing merchants around the world with enhanced end-to-end products and services.

The three new hires bring significant invoice trading and supply chain finance expertise and will support the company, which has provided £117 million in working capital to UK SMEs to date.

Helen Mackenzie joins as Head of Broker Relations, supporting and developing this side of the business. She brings 25 years of invoice finance experience having worked at Close Brothers Invoice Finance and Bibby Financial Services, before being a broker with Capital Corporate Finance.

PayU, one of the world’s largest Payment Services Platforms, today announces the appointment of Laurent Le Moal as its new global CEO.

PayU has operations in 16 countries and is part of the leading global media and Internet group, Naspers. In his role as PayU CEO, Le Moal joins the Naspers management team to lead its payments business, reporting directly to Naspers’ Group CEO, Bob Van Dijk.

Leading Fintech companies are trailing behind their peers in terms of diversity at the top, with women occupying fewer than one in ten (9%) of Board seats at UK Top 50* Fintech businesses, reveals research by Astbury Marsden, the leading recruitment firm.

Astbury Marsden’s analysis shows that women in Fintech businesses are under-represented at Board level compared to Silicon Roundabout’s technology companies, where Boards are comprised of 18% women on average.