This Earth Day, Computop and more than 400 other tech companies are launching a joint campaign: Time for Climate Action. Participating companies are taking climate action upon themselves and encouraging their customers and partners to follow their lead. The aim is to engage with more than 100 million people and trigger millions of meaningful and measurable actions for the planet.
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Seamless Middle East will bring together global industry leaders in the fintech, payments, identity, e-commerce, and retail industries to discuss and debate on the future these industries will have to offer.
Kippa, the fast-growing fintech start-up offering digital business and financial management solutions for SMEs in Africa, today announces the appointments of Toyin Albert as Executive Director of Payments Services, and Niyi Ajao as an Independent Non-Executive Director within Kippa’s Nigerian subsidiary. Toyin Albert and Niyi Ayao are two of the most seasoned fintech veterans in Nigeria, who each have over 20 years of industry experience as well as a deep understanding of the African market and regulatory landscape.
NatWest was fined around £265m after pleading guilty to criminal charges. Prosecutors argued the bank had failed to adequately monitor a customer account for signs of money laundering. In fact, between 2012 and 2016 that customer was bringing roughly £1m per week in cash to deposit into its account. It seems obvious now that this couldn’t have been anything other than a brazen money laundering scheme.
Funding led by Speedinvest with participation from Global Ventures, VentureSouq, VEF and Sturgeon Capital
Abhi, Pakistan’s first-ever financial wellness platform, enabling employees to access accrued salary in advance, announces the completion of a $17 million Series A capital raise.
The coalition of pro-cash allies will be attending the future of cash parliamentary event later today to speak with MPs about the access to cash crisis and the need for clear legislation ahead of the Queen’s speech in May.
Those from the pro-cash coalition attending the event include Cardtronics, the UK’s largest ATM provider, the Association of Convenience Stores, the Petrol Retailers Association, and the Financial Inclusion Centre.
UniCredit, one of the major pan-European banks, has renewed the partnership with Worldline, a global leader in payment services, for the Open Banking Third Party Provider (TPP) service.
- FIS Modern Banking Platform is now available on the Microsoft Azure cloud.
finnCap Cavendish, part of finnCap Group plc, is pleased to announce it has advised on the sale of The Floow, the UK-based SaaS data analytics platform and provider of connected insurance technology for major carriers globally. The Floow has been acquired by Otonomo, the mobility intelligence company, headquartered in Israel and listed on Nasdaq, for a consideration of up to $69 million.
- 300 million securitised derivatives traded in Q1 2022 compared to 207 million in Q1 2021
- Most traded underlyings were DAX 40, S&P 500 and NASDAQ 100
- Strong momentum on turnover, with an increase of 188% on previous year