Verto and ClearBank Partner to Better Serve UK and European SMEs with Cross-border Payments
- 3 years 4 months ago
- Banking
Verto, the B2B payments platform and currency exchange marketplace for SMEs, has partnered with ClearBank, the cloud-based clearing bank, to create seamless cross-border payments solutions for underserved UK and European businesses.
Klarna Acquires PriceRunner to Strengthen Banking Offer for its 90m Global Consumers
- 3 years 4 months ago
- Banking
Klarna, a leading global retail bank today announces it has signed an agreement to acquire PriceRunner. PriceRunner will bring new features in the form of product reviews, rich product discovery and price comparisons to the Klarna app to enhance the shopping, payments and banking experience for consumers globally.
Cambodian Bank, Hattha Bank Selects Temenos Cloud-Native Digital Banking Platform to Speed up Lending to 100,000 SMEs
- 3 years 4 months ago
- Digital banking, Banking
Temenos Infinity’s ready-to-go digital banking platform will allow Hattha Bank to quickly launch SME banking and support Cambodia’s Covid-19 economic recovery Seamless digital onboarding will allow the bank to rapidly grow its customer base and provide vital funding and banking services to 100,000 SMEs within five years
Vladislav Kreynin Speaks about Key Trends in martech at Web Summit 2021
- 3 years 4 months ago
- Banking
Vladislav Kreynin, senior vice president and director of the Marketing and Communications Department at Sberbank, is participating in Web Summit 2021, the world’s premier tech conference, taking place in Lisbon on November 1-4. On the first day of the conference, he hosted a key session titled “What to Expect in Marketing and Martech Over the Next Five Years?”, where he covered key trends in marketing. During the roundtable, Kreynin outlined... more
The Payments Association Tips Open Banking as its Next Big Bet, Driving Industry Competition and Innovation
- 3 years 4 months ago
- Open Banking, Payments, Banking
Latest community insight draws back the curtain on open banking, the game changing approach to data, its major players globally and impact on the industry
Tradeteq Connect Becomes a New Trade Risk Distribution Channel for Commerzbank, Aka and Texel
- 3 years 4 months ago
- Banking, Data Protection, Data
Tradeteq, the leading technology provider for bank asset distribution, together with Commerzbank AG (Commerzbank), AKA Ausfuhrkredit-Gesellschaft mbH (AKA), and Texel Finance Limited (the Texel Group) have announced that following a successful proof of concept phase, Tradeteq Connect, an expansion of the firm’s existing platform to support distributing bank risk resulting from trade products such as letters of credit (LCs) and guarantees, has... more
Cynergy Bank Provides £10M Funding Line to First Circle Group
- 3 years 4 months ago
- Investment, Banking
First Circle Group, a fast-emerging business specialising in manufacturing rigid plastic containers, has received a £10m plant and machinery loan and receivables funding facility from Cynergy Bank. This is a new client to the Asset Based Lending (ABL) division of Cynergy Bank which launched in September. Headquartered in Newport Pagnell, First Circle Group currently operates five sites across the UK and Ireland supplying over 700 million rigid... more
PPS and ViaBill Join Forces to Bring BNPL to Shoppers In-store and Online
- 3 years 4 months ago
- Payments, Money Transfers, Banking
The BNPL provider will utilise the issuer processor’s in-depth pan-European experience to drive its expansion into new EMEA markets. PPS, an Edenred company, today announces that it is supporting ViaBill with the rollout of its card-based BNPL solution, offering customers access to ViaBill credit through physical and virtual Mastercard cards.
Rasmus Bagger-Petersen Joins NetDania Management Team from Saxo
- 3 years 4 months ago
- Management, Banking, People Moves
Rasmus Bagger-Petersen has been appointed Chief Commercial Officer (CCO) of NetDania and will be a member of the Danish fintech firm’s management team.
Dwolla Adds Former Deloitte Partner to Board of Directors
- 3 years 4 months ago
- Banking, People Moves
Dwolla, a fintech providing sophisticated account to account payment solutions for innovative businesses, announces the addition of Emily Rollins to the company’s board of directors. Rollins brings more than 30 years of experience from the finance industry to Dwolla’s board, alongside expertise in driving high-level growth and expansion.
Sovcombank Reduces Stake in SPB Exchange to 10%
- 3 years 4 months ago
- Banking
Sovcombank has reduced its ownership stake in SPB Exchange from 12.9% to 9.99% by selling part of its stockholding. The Bank’s stake was purchased by shareholders, some of the Bank’s key partners, as well as the management company Sovcombank Asset Management. Each buyer purchased an insignificant share. Sovcombank decided to reduce its equity stake in SPB Exchange in order to bring its share below 10% so as to treat this holding as an immaterial... more
Amaiz Appoints Boura Kym Tomlinson Cann as their First Non-Executive Director
Amaiz, the banking app, has appointed Boura Kym Tomlinson Cann as their first Non-Executive Director. Boura has spent the last fourteen years as Global Chief Compliance and Legal Officer at Polar Capital and previously spent over seven years at the Financial Conduct Authority (FCA), supervising wholesale and derivatives firms. Most recently she was an enforcement manager bringing disciplinary cases against investment firms.
Tinkoff Launches International Transfers via Phone Number
Tinkoff has launched a new service enabling clients of foreign banks to make transfers using their phone number. At the moment, Tinkoff customers can make transfers to 10 banks in Tajikistan, Uzbekistan and Kyrgyzstan, namely: Dushanbe City, Alif Bank, CB Kyrgyzstan, Universal Bank, the National Bank of Uzbekistan, ANORBANK, Kompanion Bank, Commerce Bank of Tajikistan, the International Bank of Tajikistan, and Imon International.
Banking Competition Remedies Ltd (BCR) Publishes Progress Updates
- 3 years 4 months ago
- Banking
Pool E Capability and Innovation Fund recipients provide quarterly updates on Public Commitments Incentivised Switching Scheme residual funds recipients provide first progress updates on Public Commitments The Board of Banking Competition Remedies Ltd (BCR) today publishes progress updates for Pool E recipients, providing a summary of performance against their public commitments to the period 31st August 2021.
Global Tax Laws Allow coal mining Giant Glencore to Avoid Tax Payments Around the World, According to New CICTAR Report
- 3 years 4 months ago
- Banking
On the eve of the G20 Leaders’ Summit, where global tax reform will be a hot topic, new research reveals that a multi-billion-dollar extractives giant may be avoiding hundreds of millions in tax payments.
