Apparently, I am a miscreant. I am the one guy who managed to break PayPal. What? OK, here’s the story. The next 2,000 words tell the story but, if you’d rather miss that and cut to the chase, jump to the end.
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Gemalto, the world leader in digital security, is supplying the Bank of the Philippines Islands (BPI) with EMV prepaid banking and transport cards that support beepTM 1, a contactless ticketing system for Manila Metro.
Over 200 startups from across the world applied to Nordea’s Accelerator programme. 19 startups have now been offered to start working at Nordea’s premises in Stockholm and Helsinki from 12 September to develop their fintech ideas together with Nordea.
Rabobank recently announced that Gregory Hutton has been appointed as the new Regional Head of Project Finance, Americas, based in New York. Mr. Hutton replaces Thomas Emmons, who is leaving a career in banking to pursue other investing activities in renewable energy and sustainable infrastructure.
Mr. Hutton has been a senior member of Rabobank's New York Project Finance team since 2012 where he has played an integral role in building the Project Finance business, negotiating, managing and closing many key deals for the bank.
As the region with the greatest number of connected and digitally savvy consumers, Asia is primed for e-commerce. And SAP Ariba is helping to fuel it, providing a dynamic, digital marketplace, where buyers and sellers can find each other, collaborate together and get more than $2.5 billion in commerce done every day.
Lars Ljungälv, today Head of Region South in Swedish Banking, has been named Head of Large Corporates in Swedbanks business area Large Corporates & Institutions.
Lars Ljungälv has been working as Regional Head in Swedbank since 2014. He began his career in the independent Savings Banks-sphere, where he has been CEO of both Färs & Frosta Sparbank and Sparbanken Öresund.
KKR is making important additions to its private equity investment team in Asia, specifically a change in leadership in China and the addition of new senior investment talent in China, Singapore and Korea.
Fiserv, a leading global provider of financial services technology solutions, announced that Randolph Savings Bank, headquartered in Stoughton, Massachusetts, has renewed and expanded its relationship with Fiserv.
Advicent and Morningstar have partnered to upgrade asset allocation classification from a returns-based methodology to holdings-based. This change comes as Morningstar and Advicent have identified an investment analysis trend shift, where holdings-based classification is currently more representative of the underlying characteristics of investment products.
TerraPay, a mobile-first international network, a company incubated by Mahindra Comviva, announced today it has completed the acquisition of UK-based Pay2Global Limited, following regulatory approvals. In an outright purchase, TerraPay has acquired 100% of Pay2Global for an undisclosed amount.