The launch of Tradeverse, a new data platform by global Fintech leader Broadridge Financial Solutions Inc., will help trading firms eliminate data silos, unleash the potential of their data across the enterprise and better manage costs, reconciliation, and the data quality and lineage challenges of firms typical complex platform ecosystems.
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The Bank of London today announced that Anthony Watson CBE, its founder, is stepping down from his role as Chief Executive Officer (CEO). Watson will transition to a new role as Founder & Senior Adviser while continuing to serve as Non-Executive Director of The Bank of London Group – the firm’s holding company – and remains a shareholder. Stephen Bell, currently the Chief Risk and Compliance Officer (CRCO), has been promoted to CEO, subject to regulatory approval.
Open Payment Technologies Ltd, a payments service processor, has today announced the expansion of its digital wallet services, Kuady, into Argentina. It brings an advanced, user-friendly experience that ensures secure and efficient money management through an e-wallet app.
In a UK first, Lloyds Bank has partnered with Cleareye.ai, a specialist artificial intelligence platform, using AI to streamline the processing and compliance checking of trade finance documentation to drive efficiencies for clients.
UK Digital MGA Ripe today confirmed that Alan Thomas, the former UK CEO at Simply Business, has joined the team to power their next phase of growth.
Zilch, the world’s first ad-subsidised payments network (ASPN), today announced its first month of operating profit while surpassing a revenue run rate of more than $130m (£100m). The business has reached these milestones within just four years of launching its groundbreaking consumer payment platform. Zilch also announced the appointment to its Board of Mark Wilson, former CEO of Aviva and AIA and current member of BlackRock’s Board of Directors.
Appital, the peer-to-peer price discovery and liquidity sourcing technology for asset managers, today announced the addition of Virtu Financial’s POSIT MTF as an European execution venue, expanding Appital’s European equity coverage to more than 21,000 equities across 24 European countries.
Kenneth M. Overgaard-Nielsen joins the management team of the German payment service provider (PSP) Computop as Chief Operation Officer (COO). He joins Ralf Gladis, CEO and founder, Stephan Kück, CTO/ CSO, and Thomas Egglseder, CFO.
Bank payment company GoCardless has completed the acquisition of Sentenial Ltd, operating under the Nuapay brand, from EML Payments Limited (ASX: EML).
The deal, which was announced in March, will significantly scale GoCardless’ indirect channel proposition and fast-track the rollout of new capabilities that will enable customers to send as well as collect money through GoCardless.