ClearBank has appointed Mark Fairless, formerly CFO, as its new CEO. ClearBank’s co-founder and former CEO, Charles McManus, will continue to play an active role in driving the business strategy as a non-executive member of the Group Board.

Mark Fairless, who has served as ClearBank’s CFO and Group Board member, since January 2023, has been appointed CEO. Fairless has been instrumental in implementing the business’s long-term strategy, driving optimisation, and positioning ClearBank for scalable growth.

Gen Z is emerging as a generation of financial planners, balancing economic independence and wealth building, according to new research.

A new study from international law firm Charles Russell Speechlys, which sought the views of 4,000 people, found that more than 2 in 5 (43%) of Gen Z adults would use financial support, such as inheritance or gifts from parents or grandparents, to save for their future, while a third would buy a property outright (33%) or put it towards a deposit (32%).

Adyen , the financial technology platform of choice for many of the world’s leading companies, today announced its partnership with Reece , Australia and New Zealand’s leading plumbing and bathroom supplies business. The payment partnership sees Adyen process payments across Reece’s online and offline stores, creating seamless customer experiences, ensuring safer transactions, and modernizing processes.

Profile, a leading international financial solutions provider, has announced the release of its innovative Digital Investment Hub (“DI.hub”) solution within Finuevo Digital, a next generation digital banking platform.

Currency volatility remains a critical threat to cashflow stability for businesses operating across borders. The sudden surge of the Japanese Yen in August 2024 serves as a stark reminder, costing millions in unforeseen losses for companies with exposure to the currency.

Fawry, Egypt’s leading fintech company, has signed a pioneering Mutual Collaboration Agreement (MCA) with Ottu, the leading Online Payment Management System (OPMS) in the Middle East. Together, Fawry and Ottu aim to redefine Egypt’s online payment landscape, empowering businesses with innovative and efficient payment solutions, with Fawry being Ottu’s first partner in Egypt.

The Office of the Comptroller of the Currency (OCC) today took action to reaffirm that a range of cryptocurrency activities are permissible in the federal banking system. 

Adyen  today published its 2024 Annual Report, providing stakeholders an insight into its business performance, strategy, and key milestones from the past year.  

American Express  today announced that it has entered into an agreement to acquire Center, a software company modernizing expense management.