The UK is set for higher online Black Friday retail spending growth than the US, according to new data from Ingenico ePayments, the online and mobile division of Ingenico Group. 

Banks work hard to improve UX and innovate.

The majority of innovation initiatives focus on digital wallets, hiring UX consultancy services, adopting omni-channel technology, or improving mobile banking. On the other hand, perception vastly differs when you ask retail customers how they would rate banks in terms of innovation.

PayU, the global online payment service provider, today announces the appointment of Matthias Setzer as its global Chief Commercial Officer. 

Matthias brings extensive knowledge of business development and partnerships to PayU. He joins the company having spent 12 years with PayPal, latterly as PayPal’s Senior Director of Strategic Partnerships & Business Development EMEA. Prior to that, Matthias worked for Lycos Europe and Bertelsmann. 

Since the launch of the first SWIFT RMB Tracker in November 2011, the RMB has shown stellar growth for payments, whilst RMB usage by value in traditional trade finance – letters of credit and collections – has been decreasing since 2014. The Chinese currency is now the third-most-active currency in trade finance, after the euro, with a share of 4.61%. Three years ago, the RMB was ranked #2 in trade finance with a share of 8.66%. Since October 2013, the trade finance values in RMB have decreased by 66%, whilst trade finance across all currencies decreased in value by 35%.

For the past decade, governments around the world have established international anti-money laundering (AML) and counter-terrorist financing efforts in an effort to shut down the cross-border flow of funds to criminal and terrorist organizations.

Financial crimes are becoming increasingly adroit in taking advantage of the bank’s data, systems and operations.

Marcus & Millichap  today announced the launch of its next generation proprietary brokerage tool, MNet-Offering, a web-based application designed to support sales agents in the most efficient creation of electronic and print materials, notably, offering memorandums and asset valuations that are critical to help clients in the investment decision-making process.

FirstBank Holding Company, the holding company for Colorado’s second largest bank, announced that longtime Denver civil-servant Elbra Wedgeworth is joining the company’s Board of Directors.

Wedgeworth, who is the Chief Government and Community Relations Officer at Denver Health, has held several civic positions in all three branches of city government, including: City Council, Auditor’s Office and Mayor’s Office. Her appointment to FirstBank’s Board of Directors will be effective Jan. 1, 2017.