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PayPal Names Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer

PayPal Holdings, Inc. today announced the appointment of Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer, effective March 18. Aaron will have end-to-end accountability for global financial crime and fraud prevention programs, regulatory and government relations, and risk and compliance management. 

Wednesday, March 13, 2024 - 13:57
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Financial IT
Wolters Kluwer CP & ESG Extends Global Minimum Tax Expert Solution to North America

Wolters Kluwer Corporate Performance & ESG (CP & ESG) has launched its CCH® Tagetik Global Minimum Tax expert solution in North America.

Wednesday, March 13, 2024 - 13:40
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Financial IT
Nexi: In-store Mobile Payments Grew 88% in 2023

Nexi, the European PayTech, recorded an 88% increase in the value of in-store smartphone and smartwatch transactions in Italy, new data reveals. The technological infrastructure of the group is proving indispensable for driving the growth of an evolving sector. According to further data released by the Innovative Payments Observatory of the School of Management of the Polytechnic of Milan, mobile-based payments increased by 78% overall in Italy last year, reaching a value of 29 billion euros.

Wednesday, March 13, 2024 - 12:37
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Financial IT
Rothesay Acquires £6 Billion Scottish Widows Bulk Annuity Portfolio From Lloyds Banking Group

Rothesay, the UK’s largest pensions insurance specialist, today announces that it has agreed to acquire the c.£6 billion Scottish Widows in-force bulk annuity portfolio from Lloyds Banking Group. The business to be transferred covers the pension benefits of c.42,000 people.

Wednesday, March 13, 2024 - 12:14
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Financial IT
N26 Launches Instant Savings in 13 New Markets, Offering Customers Up to 4% Interest on Deposits

Digital bank N26 has announced the launch of its Instant Savings accounts in a further 13 markets across Europe. From today, customers in Austria, Belgium, Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Slovakia and Slovenia will be able to earn up to 4% interest per annum on their savings, without deposit limits and at no additional cost.

Wednesday, March 13, 2024 - 11:35
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Financial IT
How (Not) to Deploy AI in Your Finance Operation

The allure of AI is undeniable. From self-driving cars to composing music, it seems there's nothing AI can't do. This excitement can easily transfer to the finance world, where many decision-makers are tempted to jump on the AI bandwagon. Exercise a bit of caution before you sign up for the newest AI tool on the market. Just because AI is a powerful tool, it doesn't mean it's the answer to every financial headache.

Wednesday, March 13, 2024 - 11:29
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Financial IT
Fiserv Appoints Ajei Gopal to Board of Directors

Fiserv, Inc., a leading global provider of payments and financial services technology, today announced the appointment of Ajei Gopal to its board of directors.

Wednesday, March 13, 2024 - 11:12
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Financial IT
Tell Money Supports Griffin’s Launch as a Fully Operational UK Bank With tell.gateway

Tell Money, a leading fintech open banking provider, is set to play a crucial role in the launch and growth of Griffin Bank, a new UK Bank established to help companies build and launch financial products, following their $24 million funding round and attainment of a full banking licence. Leveraging it

Wednesday, March 13, 2024 - 11:03
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Financial IT
PayPoint to Streamline East Anglian Air Ambulance Donations

PayPoint today announces they will become EAAA's primary payment partner, signalling a new era of collaboration and innovation in providing multiple payment solutions to support enhancing the donor experience, fundraising and lottery campaigns.

Wednesday, March 13, 2024 - 10:53
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Financial IT
Mastercard Simplifies Subscription Management with Smart Subscriptions

Mastercard today unveils Smart Subscriptions, an open-banking-powered subscription management solution that financial institutions can easily plug into their consumer banking applications. Beyond basic management functions, Smart Subscriptions delivers individual spend analysis, expenditure categorization, and personalized offers all in a single user-friendly experience.

Wednesday, March 13, 2024 - 10:43
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Financial IT

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