Lending Standards Board Appoints Powerhouse Trio as Non-Executive Directors
- 2 years 6 months ago
- People Moves
The Lending Standards Board (LSB) has added a wealth of policy and governance expertise to its Board with the Non-Executive Director appointments of broadcaster Iain Dale, economic authority Paul Johnson CBE and charity sector leader Caron Bradshaw OBE. Iain, Paul and Caron replaced Liz Barclay and Graham Peacop, who have stepped down as LSB Non-Executive Directors at the end of their terms, on 1 April.
Ecommpay Strengthens its Position in the UK and EU by Adding Bacs & SEPA Direct Debit Capabilities
- 2 years 6 months ago
- Payments
Leading international Payment Service Provider and UK & Europe direct bank card acquirer Ecommpay has launched Direct Debit payments for UK and EU businesses in collaboration with bank payment company GoCardless.
CaixaBank Studies the Prevention of Cyberthreats by Using AI Tools
- 2 years 6 months ago
- Security
CaixaBank will be part of two European consortia to prevent cyberthreats and provide a faster and more secure response in the face of potential incidents. Via two projects financed by the European Commission under the scope of the Digital Europe programme, the bank will implement AI tools to generate solutions and services that contribute to increasing the security for activities carried out by financial institutions.
Visa Brings Convenience and Control to Booming Subscription Economy
- 2 years 6 months ago
- Payments
The global subscription economy is on a steady rise, expected to reach a staggering $406B by 2025. As the trend of consumers subscribing to services in sectors such as retail, food, and more increases, so does the challenge of managing their payments.
TD and Google Cloud Enter Into a Strategic Relationship to Power Innovative Banking Experiences
- 2 years 6 months ago
- Banking
TD Bank Group (TD) and Google Cloud today announced a multi-year strategic relationship. TD will add Google Cloud services to its portfolio of data-driven technology solutions to support its delivery of innovative banking experiences. Google Kubernetes Engine (GKE) already supports TD Securities Automated Trading (TDSAT), designed to enable TD Securities to adapt and quickly respond to changing market and client needs in a fast-paced environment.
LHV Bank Increases Share Capital by £21M to Support Business Growth
- 2 years 6 months ago
- Banking
LHV Bank, one of the UK’s newest licensed banks, has increased its share capital by £20.9m to support its growth ambitions. Following the additional capital investment by the Bank’s sole shareholder, LHV Group, completed in the last week, the share capital of LHV Bank is £75m.
Travelex Launches Click-and-collect in Hong Kong
- 2 years 6 months ago
- Personal Finance
Travelex, a market-leading foreign exchange brand, has launched its online click-and-collect service in Hong Kong, enabling customers to purchase their travel cash in advance online, at Travelex’s best exchange rate.
Byte Federal Launches Point of Sale System for Merchants Seeking to Accept Bitcoin
- 2 years 6 months ago
- Cryptocurrencies
Byte Federal, a leading company in the global financial technologies space, is proud to announce the official launch of its point of sale (POS) system, ByteConnect
Benjamin Capital Partners Secures Seed Round To Ignite Future Growth
- 2 years 6 months ago
- Fundraising News
Benjamin Capital Partners announced today the closing of a seed round, raising a total of $5.5 mil. from Play Ventures & F4 Fund. Other prominent investors in the round include inventor, investor, and serial entrepreneur Anton Gauffin; tech CEO and 20-year payment veteran Shane Happach; and Ilkka Teppo, founder of Reworks. The raise will serve to aggressively fuel growth for the Benjamin cash rewards app, which has generated robust consumer...
Innoviti Raises Rs. 40 Crores in First Close of Series E Round
- 2 years 6 months ago
- Fundraising News
Innoviti Technologies Pvt. Ltd., India’s largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners, announced today that it has done a Rs. 40 Cr. first close of its ongoing Series E round. The round was led by Bessemer Venture Partners and Patni Family Office, with the rights issue subscribed by early angels and founders.
ConnexPay Appoints Ben Peters as Chief Executive Officer
- 2 years 6 months ago
- People Moves
ConnexPay, the world’s first all-in-one payments platform, today announced the appointment of Ben Peters as chief executive officer. Peters brings more than two decades of experience leading and scaling global payments and vertical software companies. Bob Kaufman, founder of ConnexPay, will remain actively involved in the business, assuming the role of chairman of the board of directors and working alongside Peters to continue driving ConnexPay’...
N26 Further Strengthens Offer in Germany With Launch of Stocks and ETFs Trading, and 4% Interest on Savings for Metal Customers
- 2 years 6 months ago
- Trading Systems
N26 today announced the launch of its Stocks and ETFs trading product in Germany. The company also announced an increased interest rate of 4% on Instant Savings for N26 Metal customers from April 9th, 2024, as it continues to expand and improve its integrated savings and investments offer.
Veriff Identity Fraud Index: Company’s Fraud Record Impacts Consumers’ Purchase Decisions
- 2 years 6 months ago
- Digital Identity
Veriff, a global identity verification (IDV) provider, today announced the release of the 2024 Veriff Identity Fraud Index. The report examines consumer preferences in using digital security to protect their identity online in the U.S. and Europe.
Swiss Re Announces Group CEO Transition
- 2 years 6 months ago
- People Moves
Swiss Re announced today that Andreas Berger will become Group Chief Executive Officer (CEO) effective 1 July 2024, taking over from Christian Mumenthaler, who will step down.
Finyoz and Currencycloud to Deliver Innovative Supply Chain Financing Solutions
- 2 years 6 months ago
- Payments
Finyoz, the lendtech platform for short-term invoice financing, and Currencycloud, experts simplifying business in a multicurrency world, have announced a partnership to deliver ‘21st century’ supply chain financing for companies and investors.
