61% of Brazilians That Travel Abroad Still Use Cash
- 2 years 4 months ago
- Cash management
Revolut, a global financial app with over 35 million customers around the world, identified that 61% of Brazilians who travel abroad still use cash and buy foreign currency in exchange brokers. The information is part of a study developed by the company to understand the behaviors of Brazilian travelers when it comes to financial products for international travel.
CISI Appoints Chris Clark and Sushil Saluja as New Members of the Board
- 2 years 4 months ago
- People Moves
The Chartered Institute for Securities & Investment (CISI) Board have appointed Christopher Clark Chartered MCSI and Sushil Saluja as new members of the Board. The CISI Board is comprised of representatives who are typically drawn from the financial services sector and meets five times a year.
Swift Connects Instant Payment Systems to Bring Round-the-Clock Processing Across Borders
- 2 years 4 months ago
- Payments
Cross-border payments destined for Europe can now reach beneficiaries in seconds through seamless connection to instant domestic payment systems, with full transparency and end-to-end tracking powered by Swift.
Plum Announces Strategic Partnership with Eurobank
- 2 years 4 months ago
- E-Wallets
Plum, the smart money app, has announced today a strategic partnership with Eurobank, one of the leading Greek financial institutions, aimed at offering customers in the region a fully digital wallet focused on digital savings and investments.
Plinqit Experiences Strong Growth and Helps Banks Grow Deposits, Supported by Praxent
- 2 years 4 months ago
- Financial
Plinqit, the first platform that brings together automated savings, data-driven financial wellness content and virtual account management, has recently experienced significant growth as more financial institutions look to technology to help customers save and grow. The company has partnered with Praxent, a financial services digital consulting and development firm, to help power this ongoing momentum.
Trading Technologies’ TT® Platform Captures Derivatives Trading System of the Year at 2023 FOW International Awards
- 2 years 4 months ago
- Trading Systems
For the second consecutive year, global markets technology platform provider Trading Technologies International, Inc. (TT) captured the award for Derivatives Trading System of the Year for its TT platform at the 2023 FOW International Awards. The awards were presented at a dinner ceremony last night, following the Trading London Conference.
PayGround Announces $19.7M Oversubscribed Series A Funding Round
- 2 years 4 months ago
- Fundraising News
PayGround, a healthcare fintech payments platform, today announced closing a $19.7M oversubscribed Series A financing led by SixThirty with participation from Rally Ventures, IA Capital Group, FCA Venture Partners and Plug and Play Ventures.
NomuPay Accelerates Growth Through Acquisition of Total Processing
- 2 years 4 months ago
- Payments
NomuPay, a modern end-to-end payment platform purpose-built for expansion into regions of high cross-border and e-commerce growth, has acquired merchant services and bespoke payment processing solution provider, Total Processing. Terms of the deal have not been disclosed. NomuPay has confirmed the deal is a mixture of stock and cash.
Financial Organisations 13% More Likely to Suffer a Ransomware Attack Than Other Sectors, Finds Thales Data Threat Report
- 2 years 4 months ago
- Security
Thales today released the latest iteration of the 2023 Thales Data Threat Report – Financial Services edition. This year’s report finds much higher levels of credential-based attacks in this sector than the average enterprise (56% versus 42%), with greater concerns around ransomware, quantum computing and even human error leading to breaches.
GFT Partners with Engine by Starling to Help Banks Rapidly Modernise
- 2 years 4 months ago
- Banking
Starling Bank is working with GFT, the global digital transformation pioneer, as an implementation partner for its Software-as-a-Service business, Engine by Starling.
New ITN Business Programme to Premier at FinTech Connect
- 2 years 4 months ago
- FinTech StartUps
Next week sees the return of Fintech Connect to the ExCel centre in London, marking a decade as Europe’s only dedicated fintech event for the entire ecosystem. Over the course of two days – 6th and 7th December 2023 - 3,000+ attendees will hear from the most inspirational global fintech industry C-suite leaders and start-up innovators.
Consortium of Vitruvian Partners, Visa and Maki.vc to Invest in Finnish Issuer Processing Powerhouse Enfuce
- 2 years 4 months ago
- Fundraising News
Issuer processing powerhouse Enfuce, announced today an €8.5m follow-on investment round, led by Vitruvian Partners with participation from Maki.vc and Visa, a world leader in digital payments. This follows Enfuce's €45m Series C funding round initiated in 2021. Enfuce has raised a total of €62m to date.
REVEALED: Charitable Giving Remains a Priority for UK Consumers Despite Ongoing Cost of Living Crisis
- 2 years 4 months ago
- Personal Finance, Payments
New research from GoCardless, the bank payment company, finds that 45% of consumers say they donate regularly to charity today -- only a slight drop from the 49% who did so last year, even as the cost of living continues to rise.
Adyen Appoints Nicole Olbe as UK Managing Director to Drive Growth in UK Business
- 2 years 4 months ago
- People Moves
Adyen, the global financial technology platform of choice for leading enterprise businesses, has today announced the appointment of Nicole Olbe as Managing Director of its UK operations.
Griffin Announces Senior Hires to Drive Embedded Finance Revolution
- 2 years 4 months ago
- People Moves
Griffin, the API-first UK bank and full-stack Banking as a Service platform, today announced the addition of seven new senior team members across key areas of the business. These exceptional new hires reinforce Griffin’s commitment to building the global platform for embedded finance and delivering a world-class banking experience to customers.
