CMA Calls Out Monzo for Breaching Banking Rules
- 3 years 11 months ago
- Banking
Monzo has been ordered to comply with banking rules after failing to send thousands of customers their historic financial transactions when leaving the digital bank.
WizarPOS Releases Smart Kiosk D22 to Enable Self-Service Omni-Payments
- 3 years 11 months ago
- Payments
WizarPOS, the trailblazer in Android terminal and
Travel Fintech Startup SanKash Onboards Anshul Bawa as Vice President for Growth and Alliances
- 3 years 11 months ago
- FinTech StartUps
SanKash, India’s only travel fintech brand and a BNPL aggregator that facilitates online and offline travel operators to provide innovative payment plans to their customers has appointed Anshul Bawa as Vice President for Growth and Alliances. With an experience of over 20 years in the travel industry, Anshul will spearhead new alliances for business expansion and deeper market penetration, key account management and provide quality customer...
Gatehouse Bank Receives Investment Grade Rating from Moody’s Investor Service
- 3 years 11 months ago
- Islamic Finance
Credit rating agency, Moody’s Investor Service, has today assigned Gatehouse Bank an investment grade credit rating of Baa3 BCA with a long-term stable outlook.
Virgin Money Announces BNPL Credit Card
- 3 years 11 months ago
- Payments
Virgin Money is entering the buy now, pay later arena through the launch of a credit card that lets customers spread repayments over instalments while building their credit scores. Virgin becomes the latest bank to move into BNPL, a fast-growing but controversial sector that has recently been buffeted by rising interest rates and the general economic downturn.
Bank of America, BNY Mellon and Citi Make $20 Million Strategic Investment in Genesis Global
- 3 years 11 months ago
- Fundraising News
Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced $20 million in new investments from Bank of America, BNY Mellon and Citi. These strategic investments follow the firm’s $200 million Series C funding announced in February.
Royal Trinity Hospice Partners with Fintech Currensea to Release Branded Debit Card Allowing Supporters to Donate Easier
- 3 years 11 months ago
- Open Banking
Currensea, the fintech provider of open banking-powered travel debit cards, has announced the latest partnership in its ‘powered by’ service. Through the partnership, Royal Trinity Hospice, the oldest hospice in the UK and a charity that cares for 2,500 patients each year, is offering a branded card to supporters enabling them to make charitable donations at home and abroad.
Moneyhub Responds to FCA's new Consumer Duty Regulations
- 3 years 11 months ago
- Payments
TS Imagine Expands Executive Team with Chief Operating Officer Appointment
- 3 years 11 months ago
- People Moves
TS Imagine, a global leader in trading, portfolio, and risk management solutions for capital markets, has appointed Thomas Bodenski as COO as the firm expands its executive team to support its rapid growth. Based in New York, COO, Thomas Bodenski will lead the firm’s business operations across TS Imagine’s integrated trading, portfolio, and real-time risk solutions. Thomas was previously Chief Transformation and Data Officer for TS Imagine.
PayU Appoints Industry Heavyweight as Global Payments CFO to Drive Further Business Growth
- 3 years 11 months ago
- People Moves
PayU, the leading online payment service provider operating in 50 emerging markets, has today announced the appointment of Attila Kulcsar as the new Global Payments Chief Financial Officer.
Concept Ventures Secures British Business Bank Backing to Launch £50M Pre-seed Fund ‘Built for Founders’
- 3 years 11 months ago
- Investment
Concept Ventures (Concept), formerly known as RLC Ventures, has launched an oversubscribed £50m pre-seed fund (the Fund) - including a £30m cornerstone commitment from the British Business Bank’s Enterprise Capital Funds (ECF) programme - to close the ever-increasing funding gap at pre-seed and create the largest, dedicated pre-seed fund in the UK.
InCred and KKR India Financial Services Complete Merger
- 3 years 11 months ago
- Lending
InCred and KKR today announced the conclusion of the strategic merger of InCred Financial Services Limited (“InCred Finance”) and KKR India Financial Services Limited (“KIFS”).
Virgin Money Launches Marketplace – a New Online Service for Small Businesses
- 3 years 11 months ago
- Digital banking
Virgin Money has launched a new online service called Marketplace where small business banking customers can access a number of different useful services offered by best-in-class digital providers.
TrueLayer Supports Instant Payments for E-commerce SMBs with WooCommerce Plugin
- 3 years 11 months ago
- Payments
TrueLayer, Europe’s leading open banking platform, today announced the availability of TrueLayer Payments for WooCommerce plugin, enabling e-commerce SMBs to seamlessly add instant, secure account-to-account payments to their website. Luxury watch retailer BQ Watches is one of the first businesses to implement payments powered by TrueLayer using the plugin.
Temenos and Wipro Announce Global Strategic Partnership to Accelerate Digital Transformation in Banking
- 3 years 11 months ago
- Banking
Temenos and Wipro Limited announced an expanded partnership to help banks of every size accelerate their modernization journey. This expanded partnership will enable banks across varying scales to accelerate their go-to-market strategies in regions including the United States, the U.K and Australia.
