SIX Appoints Bjørn Sibbern as New CEO
- 3 weeks 2 days ago
- People Moves
The Board of Directors of SIX has appointed Bjørn Sibbern as new CEO effective 1 January 2025. Bjørn Sibbern will succeed Jos Dijsselhof, who will step down to pursue a new professional opportunity in the Middle East after seven years with SIX. Jos Dijsselhof successfully developed SIX commercially and expanded it internationally.
Black Friday to Become Darkest Yet for Businesses That Don’t Satisfy Consumer Payment Needs
- 3 weeks 2 days ago
- Payments
This year’s Black Friday and Cyber Monday spend is projected to reach £3.8 billion in the UK, marking a 27% increase from the £3 billion planned in 2023, according to Finder. These sales events are pivotal moments in every merchant’s calendar, with the potential to make or break their end of year sales targets.
Soldo Introduces Automatic Carbon Emissions Tracker for Businesses in Its Winter 2024 Product Updates
- 3 weeks 2 days ago
- Infrastructure
Soldo, the proactive spend management solution that frees progressive businesses to accomplish more, today announced its Winter 2024 Updates. Available today to Soldo customers, the new features help companies of all sizes scale their finance operations. The new updates enable better control over teams' spending, automate employee onboarding and offboarding processes, and track CO2e emissions, ensuring compliance and efficiency across all...
Investment Platform Lightyear to Relaunch in the UK with Direct FCA Authorisation
- 3 weeks 2 days ago
- Infrastructure
Investment platform Lightyear announces that it received direct authorisation from the Financial Conduct Authority (FCA) earlier this year, and will be relaunching for consumers and businesses in the UK, with FSCS protection, ISAs and more.
SumUp Surpasses 1 Billion Transactions Per Year and Accelerates Global Expansion with Record Growth
- 3 weeks 2 days ago
- Infrastructure
Global fintech SumUp, one of the fastest-growing fintech companies globally, has achieved a significant milestone by processing over 1 billion transactions on an annual basis.
Salv Introduces Collaborative Scenario Library to Revolutionise Transaction Monitoring and Foster Community Crime Fighting
- 3 weeks 2 days ago
- Security
European Regtech scale-up Salv has announced the launch of its Collaborative Scenario Library, an innovative tool designed to help AML teams improve their transaction and customer monitoring in order to catch more financial crime.
Generation Duped: Younger Generations More Likely to Have Been Victims of Financial Fraud
- 3 weeks 2 days ago
- Personal Finance
Research from Moneyhub, the Open Banking data and payments platform, has revealed that younger generations are more likely to have been victims of financial fraud than older generations, who have traditionally been seen as the primary target. The research, which surveyed over 2000 people, brings into focus the extent and scale of the issue across the country and across the generations.
Total Grassroots and Kelme Partner with GoCardless to Offer Stress-Free Payments and New Kits to Grassroots Football Clubs
- 3 weeks 2 days ago
- Payments
Bank payment company GoCardless has announced a partnership with Total Grassroots and kit manufacturer Kelme to simplify payment collection for grassroots football clubs and kit out their team.
YouLend Data Shows UK SMEs Turn to Embedded Financing to Meet Capital Needs Ahead of Black Friday and Christmas
- 3 weeks 3 days ago
- Personal Finance
YouLend, the leading global embedded financing platform, reports today that a growing number of UK SMEs are turning to embedded financing to secure vital capital ahead of the most important sales period of the year—Black Friday and Christmas. YouLend data reveals a 30% surge in financing applications leading up to Black Friday in 2024, with ecommerce platforms being the main driver of this jump, illustrating the growing demand for flexible...
Sumsub and Elliptic Team Up to Tackle Crypto Financial Crime
- 3 weeks 3 days ago
- Cryptocurrencies
Sumsub, a full-cycle verification platform, has announced its integration with Elliptic, the global leader in cryptoasset risk management.
As the Holiday Shopping Season Kicks Off, Charlie, Banking* for 62+ Americans, Launches CharlieSaver: The Most Comprehensive Source of Senior Discounts Nationwide
- 3 weeks 3 days ago
- Personal Finance
Just in time for the holiday shopping season, Charlie, banking* for 62+ Americans, launched
MBL Fined £13M for Serious Control Failures That Allowed Trader to Conceal Over 400 Fictitious Trades
- 3 weeks 3 days ago
- Trading Systems
The FCA has fined Macquarie Bank Limited - London Branch (MBL) £13m for serious failings that allowed one of its employees to record over 400 fictitious trades. From June 2020 to February 2022, Travis Klein, a trader based on MBL’s London Metals and Bulks Trading Desk was able to record and take steps to conceal over 400 fictitious trades in MBL’s internal systems in a bid to hide his trading losses.
Payit™ by NatWest Provides Interactive Investor with a Simple and Safe Way for Customers to Validate Bank Accounts and Enjoy Easy One-Click Payments
- 3 weeks 3 days ago
- Banking
interactive investor (ii) has rolled out NatWest’s multi-award-winning open banking payments solution Payit™, to enable their customers to deposit funds onto the investment platform immediately to allow investments to be made. Customers can now use Payit™ by NatWest to make a payment/a fund deposit online through the ii website and app.
Integrated Payments Can Prime UK Retailers for Black Friday Success: Lloyds Bank Merchant Services
- 3 weeks 3 days ago
- Infrastructure
With this year’s Black Friday falling on 29th November and Cyber Monday on 2nd December, aka “Cyber Weekend”, retailers across the UK are gearing up for the year’s biggest spending event in the run-up to the Christmas holiday season. Last year’s Black Friday achieved record sales of £13.3 billion, up 7.6% from 2022.
Spendesk Officially Launches Its Own Payment Institution: Spendesk Financial Services
- 3 weeks 3 days ago
- Payments
Spendesk, the complete spend management platform for mid-sized businesses, has officially launched Spendesk Financial Services, its payment institution. Regulated by the ACPR (Autorité de contrôle prudentiel et de résolution), and including a strategic collaboration with VISA, Spendesk Financial Services enables the company to deliver innovative and secure payment solutions to its clients across France and the European Union.
