Reputations on the Line Globally – The Rise of Fraud and the Devastating Impact on UK Ecommerce
- 6 months 4 days ago
- E-Commerce
Failing to tackle online fraud is increasingly damaging the brand reputation and the bottom line for thousands of businesses around the globe, new research reveals.
Rapid Finance Adds Matthew Thomas as Enterprise Account Executive
- 6 months 4 days ago
- People Moves
Rapid Finance, a leading small business banking platform specializing in customized financing solutions, announced the appointment of Matthew Thomas as the company’s new Enterprise Account Executive. Thomas will play a critical role in supporting sales efforts for Rapid Finance’s host of end-to-end digital lending solutions with large enterprise clients.
S64 Announces Successful Close of Series A Funding Round with Investments from HPS Investment Partners and Sumitomo Mitsui Trust Bank
- 6 months 4 days ago
- Fundraising News
S64, the global alternatives fintech and solutions partner to the wealth management industry, today announced the successful close of its Series A funding round which includes investments from HPS Investment Partners and Sumitomo Mitsui Trust Bank, two prominent institutional investors.
First Eurozone Sovereign Digital Bond Issuance for the Republic of Slovenia Issued and Placed by BNP Paribas
- 6 months 4 days ago
- Banking
BNP Paribas arranged and placed the first ever Sovereign digital bond issuance for Eurozone and EMEA, the Republic of Slovenia with on-chain settlement using the Banque de France’s tokenised Cash solution provided within the European Central Bank’s wholesale central bank money settlement experimentation programme. BNP Paribas acted as Global Coordinator and Sole Bookrunner on this transaction and Clifford Chance as advisor.
Popular Polish Payment Service BLIK Arrives in Slovakia
- 6 months 4 days ago
- Payments
BLIK SK, formerly VIAMO, has expanded its cooperation with one of the largest banks in Slovakia – Tatra banka. Soon, users of the Tatra Banka VIAMO mobile app will be able to make purchases online even faster, more conveniently, and securely thanks to the new service. Tatra Banka will make the BLIK payment method available to its clients in the coming months.
Barclays Scams Bulletin: Men More Likely to Fall Victim to Romance Scams, While Women Lose More Money
- 6 months 4 days ago
- Fraud Detection
Barclays is issuing a warning to those looking for love this summer, as the Bank’s latest data1 reveals romance scams are on the rise, with the amount claimed in May/June up 139 percent compared to March/April 2024.
ING Appoints Daniele Tonella as Chief Technology Officer and Member of the Management Board Banking
- 6 months 4 days ago
- People Moves
ING today announced the appointment of Daniele Tonella as chief technology officer (CTO) and member of the Management Board Banking, effective 5 August 2024. He will succeed Marnix van Stiphout who has held the role ad interim since 1 November 2023, in addition to his roles as chief operations officer and chief transformation officer.
Trading Platform tanX Hits Billion Dollar Quarterly Trading Volume Milestone
- 6 months 4 days ago
- Trading Systems
Trading platform tanX recently processed a billion dollars in quarterly spot trading volume across 3 million transactions (Q2, 2024), marking a 70% increase from the previous quarter. This milestone underscores the growing confidence and trust in decentralized trading platforms. Several factors are attributed to tanX's growth in 2024.
10x Banking Launches World’s First ‘Meta Core’ to Help Banks Achieve Full Transformation Faster
- 6 months 4 days ago
- Banking
10x Banking, the cloud-native core banking platform, has today announced the launch of a new category of core technology – a ‘meta core’ designed to help banks and financial services accelerate towards full transformation. The news follows 10x Banking’s $45 million funding round in January, led by existing investors BlackRock and J.P. Morgan.
Bank of England Governor Andrew Bailey Announced Sebastian Walsh as the New Head of Leeds
- 6 months 4 days ago
- People Moves
The Governor of the Bank of England, Andrew Bailey, has today announced that Sebastian Walsh is to become the newly appointed Head of Leeds. In this role, he will help deliver the Bank’s ambitious plans for a more significant presence in the city, by being responsible for the Bank’s growing operation in Leeds. Alongside our regional Agency network, Sebastian will support engagement with our stakeholders across the north of England.
Qashier Launches QashierPay Soundbox, with Auditory Alert Capabilities to Safeguard Against Payment Fraud
- 6 months 4 days ago
- Payments
Fintech startup Qashier today unveiled its QashierPay Soundbox in Malaysia, a revolutionary QR payment terminal designed to elevate the safety and security of digital payments and support businesses as they digitise.
NatWest Acquires Metro Bank Mortgage Portfolio
- 6 months 1 week ago
- Investment
NatWest Group plc today announces that it has entered into an agreement with Metro Bank plc to acquire a £2.5 billion portfolio of prime UK residential mortgages, with a weighted average current loan to value of c.62%. On completion of the transaction NatWest Group expects to welcome around 10,000 customer accounts which will continue to be serviced by Metro Bank, in accordance with current arrangements, following the transfer to NatWest Group.
Marqeta Becomes First Issuer Processor in the US Certified to Enable Visa Flexible Credential
- 6 months 1 week ago
- Payments
Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is working with Visa and Affirm to offer the Visa Flexible Credential, a single card product that can toggle between payment methods, putting the power of choice in the hands of the consumer.
Cowbell Secures $60 million Series C Funding from Zurich Insurance Group to Scale Up Operations and Advance Global SME Cyber Adoption
- 6 months 1 week ago
- Fundraising News
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises, announced today that it has closed a $60 million Series C equity investment from Zurich Insurance Group, a leading global multi-line insurer.
Insurtech UK Launches New Advisory Panel to Strengthen UK Insurtech Sector
- 6 months 1 week ago
- Insurtech
Insurtech UK today launches a new Advisory Panel convening senior leaders from across the insurance industry to progress strategic priorities for the future growth of UK insurtech.
