Banco Consorcio has successfully launched a credit card business with Nexus, the major processor in Chile. The Nexus platform is built on WAY4, a top-ranked digital payments software provided by OpenWay. 
 

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced another step has been taken in the unfolding evolution of the Treasury marketplace.

 PXP Financial, global experts in acquiring solutions, today announces the appointment of Jonathan Bell as Chief Financial Officer.

Over the past few months, I've shared my thoughts about the evolving space of electronic flow in derivatives. But the idea I've not explored relates to how we as an industry providing services to buy side clients actually go about making this change. And in particular, addressing the elephant in the room: why the buy side need to recognize that this marks a change to the service they’ve grown up calling electronic.

Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses, enterprises and their investors, has today announced Erin Platts as Head of EMEA and President of Silicon Valley Bank’s UK Branch.

Platts’ appointment was approved by the FCA today. She replaces Phil Cox, who has taken the Chief Operating Officer role with the parent company, SVB Financial Group, at its headquarters in Santa Clara, California. Simon Bumfrey will take over Platt’s previous role, Head of Relationship Banking, Europe. 

DoshEx, the South African Digital Asset Exchange, and global blockchain-based payment pioneer Pundi X, today announced a strategic partnership to bring cryptocurrency  to high street retailers and local consumers.

In a first for South Africa’s retail market, XPOS, the Pundi X blockchain-based point-of-sale devices and XPASS cards for cryptocurrency transactions are to be deployed at selected sites across South Africa in a co-branded roll-out with DoshEx.

CABIM Ltd, the parent company of Crown Agents Bank has announced that it is acquiring the enterprise business and payment gateway product of Segovia, a US venture-backed technology company focused on frontier market payments. The acquisition will allow Crown Agents Bank to extend its payment network, include mobile money, and integrate Segovia’s modern payments infrastructure with Crown Agents Bank’s extensive FX capabilities - thus offering a uniquely scalable, flexible, and efficient payment solution for global businesses paying into frontier and developing markets.

PPRO, a cross-border payment specialist, has officially been granted an e-money licence by the Ministry of Finance in Luxembourg, securing its long term future in Europe The new local entity ‘PPRO SA’  (société anonyme) has been authorised to conduct financial services across the EU under the supervision of the national financial services regulator, the CSSF (Commission de Surveillance du Secteur Financier).

The Association of National Numbering Agencies (ANNA) and the Global Legal Entity Identifier Foundation (GLEIF) announce 4^th April 2019 as the ‘go-live’ date for the new initiative to start linking International Securities Identification Numbers (ISINs) and Legal Entity Identifiers (LEIs) for the global financial industry.