HSBC Switches to Recycled Plastic Payment Cards
- 4 years 9 months ago
- Payments, Credit Cards
HSBC is announcing a new programme to introduce sustainable payment cards across all its global locations. By the end of 2026 it will eliminate single-use PVC plastic, in favour of recycled PVC plastic (rPVC). The programme - which includes HSBC’s debit, credit and commercial cards - is part of the bank’s strategy to reduce its carbon emissions and achieve net zero in its operations and supply chain by 2030 or sooner.
Avaloq Enters Partnership with Adviscent to Provide Smart Content Solutions for Wealth Managers and Private Banks
- 4 years 9 months ago
- Investment, Banking
Adviscent, a Zurich-based fintech, is connecting with the recently launched Avaloq Wealth Platform to accelerate the transformation of established financial institutions’ advisory business by means of an innovative content hub.
Worldline Continues to Build its “payments Platform as a Service” (PPaaS) Solution, at the Heart of its Terminals, Solutions & Services Transformation Roadmap
- 4 years 9 months ago
- Transaction Banking, Payments
Worldline, the European leader in the payments and transactional services industry, today announces that it has completed the second phase of development of its new “Payments Platform as a Service” (PPaaS) solution. The commercial launch of PPaaS is scheduled for the second half of 2021, supporting the Group’s Terminals, Solutions & Services division’s (TSS) transformation towards being an ecosystem enabler and trusted technology partner in...
LenDenClub to Triple Hiring in FY 21-22
- 4 years 9 months ago
- Lending
LenDenClub, India’s fastest growing peer-to-peer (P2P) lending platform recently announced that they have scaled up their hiring by threefold vis-à-vis last year, offering employment to approximately 45 new candidates including both lateral and campus hires. The company is eyeing to triple its current team size from a headcount of 60 to approximately 180 by the end of the financial year.
Rocker Selects Vilja Banking Platform to Facilitate its Savings Offering
- 4 years 9 months ago
- Banking, Financial
Fast-growing bank challenger Rocker chooses to partner with Vilja when expanding its business to offer consumer savings accounts with a deposit guarantee. Swedish fintech Rocker, formerly known as Bynk, is expanding its mobile services offering to include savings accounts for its customers as part of its ambition to help consumers optimize their spending and finances.
Liberis Doubles Down on Embedded Business Finance, Exclusively Offering Solutions Through Partners
- 4 years 9 months ago
- Financial, Technical
Liberis, a leading global embedded business finance provider, has today announced a shift in strategy: it will only fund SMEs through partnerships with ecommerce and payments companies, rather than direct to SMEs.
TransferGo Defies Remittance Predictions with All-time Highs
- 4 years 9 months ago
- Payments, Money Transfers
TransferGo, one of the world’s fastest growing money transfer companies, today showcases the strength and importance of digital remittances by hitting new milestones in total transactions and in cross-border payment flows. It has now recorded over £3billion in international money flows and over 10 million customer transactions, demonstrating both its resilience and value in keeping its global migrant customers connected with loved ones during a...
Kennet Partners Sells Stake in Dext (Formerly Receiptbank) Making a 4.4 Times Return on Investment
- 4 years 9 months ago
- Investment
Kennet Partners Limited (“Kennet”), a leading European technology growth equity investor focused on bootstrapped and capital efficient companies, has agreed to sell its stake in Dext (formerly ReceiptBank), the digital, multi-product platform for accountants and bookkeepers, to Hg, a leading global software and services investor. The sale will provide Kennet with a 4.4 times return on its investment.
New Accelerator Launches to Help Big Financial Institutions and Fintechs Build Back Better
- 4 years 9 months ago
- Covid-19
On April 21st a new accelerator programme is being launched in the UK to help organisations around the world succeed in the new economy after lockdown in ways that are both good for people and good for the planet. The Build Back Better Accelerator will support leaders of financial services organisations launch new and more sustainable products at a rapid pace, as well as investing in new start-ups and ideas independently.
A UK CBDC Should be a "Wake Up Call For" the Wider Crypto Industry
- 4 years 9 months ago
- FinTech StartUps
Don Guo, CEO of Broctagon
LexisNexis Risk Solutions Earns Top Honors at the 2021 Global Banking & Finance Awards
- 4 years 9 months ago
- Security, Cybersecurity, Fraud Detection, Risk Management
LexisNexis® Risk Solutions announced that it won four accolades at the 2021 Global Banking & Finance Awards®. The recognition came in the Business Technology category with LexisNexis Risk Solutions winning Best Anti-Fraud/Security Solutions Provider in the Asia Pacific, Latin America, United States and Western Europe regions. The Global Banking & Finance Awards has spotlighted companies of all sizes across the financial industry for...
Marex Will Use the ION Fidessa Solution to Manage Their Equity Market Making Business for European Flow
- 4 years 9 months ago
- Risk Management
ION, the largest global provider of trading, analytics, and risk management solutions for capital markets, commodities, and treasury management, announced that Marex, has chosen the ION Fidessa Equity Trading Platform to grow their European equity market making business. Marex is a leading broker, market maker and clearer in the world's financial and commodities markets. A market leader across the metals, energy and agricultural commodities...
R3 Development Fund Invests First Usd 10 Million in Over 20 Start-Ups
- 4 years 9 months ago
- Transaction Banking, Investment
Global enterprise software firm R3’s Development Fund has reached the milestone of USD 10 million in capital deployed across over 30 investments in more than 20 of the most promising early-stage blockchain and confidential computing companies.
Market Participants Identify Key Operational Areas for Improvement Post-pandemic in New DTCC Paper
- 4 years 9 months ago
- Corporate
The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today published a white paper examining how capital markets operations responded during the COVID-19 pandemic and where market participants are focused in a post-pandemic future.
Citi Taps Mastercard Send™ to Expand Payment Exchange Capabilities for Clients in the U.S.
- 4 years 9 months ago
- Payments, Banking
Integration of Mastercard Send™ provides the ability to transfer funds to debit and prepaid card accounts
