FinTech Futures: Top five news stories of the week – 2 August 2024
Our pick of the top fintech news stories this week includes Renasant Corporation, Stripe, ING and more.
Our pick of the top fintech news stories this week includes Renasant Corporation, Stripe, ING and more.
Metro Bank is also set to withdraw credit cards from its product range.
Our pick of the top fintech news stories this week includes Fiserv, Monzo, Virgin Money and more.
Page will take the reins from interim CFO Cristina Alba Ochoa.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The bank is due to cut around 800 jobs as it looks to save up to £50 million per year in costs.
The £925 million rescue deal also grants Spaldy Investments a 52.88% ownership stake.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Its position on the watchlist was revealed last week via the release of a 217-page dossier outlining a rescue deal for the bank.
A closer look at how Metro Bank has adapted its approach to innovation.
Explore thousands of open roles on the Fintech Futures Job Board today.
Featuring practical business banking case studies from Metro Bank, Santander, and Lombard.
Jenkins will be responsible for “all accounting, finance and corporate treasury” at the bank.
Carlyle has until 2 December to put a formal offer in place for the UK bank.
Sailesh Panchal announced his departure on social media.
HSBC announced the closure of 82 branches in January.
The bank’s new online journey auto-populates business data.
The launch is part of a wider technology drive on the bank’s mobile app.
Wipro plans a “transformation” on Metro Bank’s testing.
Richard Lees will join Metro after four years at his current employer.
RateSetter would be bought up at “a knockdown valuation”.
Catherine Lewis La Torre starts on 1 September.
The high street challenger bank wants Martin Boyle to help lead it back to growth.
Banks & building societies have previously been shaking up their overdraft charging structures.
The bank claims businesses will receive loans in minutes.
The bank is paying back £50m of its fund from BCR.
Sailesh Panchal joins the challenger from Orwell Group.
Jose Morago says he’s “excited” to get back to the finance industry.
Hill steps down from the position ahead of the 31 December 2019 date.
Metro Bank aims to help business users save time.
UK bank hoping to save SME customers some time.
The bank wants to inject “much needed competition” into the SME space.
Vernon Hill will leave the bank at the end of 2019 after a turbulent year.
Data-driven automation of KYC and risk, aims to improve onboarding processes.
Metro, Starling and ClearBank get the RBS grant, South Korea plans fintech push, and more.
The Capability and Innovation Fund’s first pool grants a total of £280m.
Known telecommunications vulnerability exploited to target bank accounts.
That said, the profit before tax of £50 million is much better than 2017.
Easily done through the app, not a branch.
Metro Bank’s new money management tool was developed with Personetics.