Pay.UK reveals big jump in number of current account switches in the UK over last 12 months
Pay.UK’s Current Account Switch Service has seen a 50% increase in switches compared to last year.
Pay.UK’s Current Account Switch Service has seen a 50% increase in switches compared to last year.
According to an FCA filing, Jordan Sinclair has been appointed as UK chief executive for Robinhood.
Trintech hopes the deal will “act as a springboard for innovation” for its accounting automation platform.
The announcement follows JFS’s recent demerger from Reliance Industries.
Kozole, who will begin her new role later this year, has spent the last 17 years at UniCredit Group.
Brian Muse-McKenney becomes Episode Six’s first CRO.
The Alabama-based firm aims to “improve financial wellness and eliminate cycles of debt for employees”.
Settle will use the expanded facility to boost its lending to e-commerce and consumer brands.
The app will leverage Currencycloud’s multi-currency virtual accounts for cross-border payment services.
The group’s board of directors says Rose has “agreed by mutual consent to step down”.
The US Federal Reserve has fined Credit Suisse $269 million, with the UK’s PRA issuing a further $119 million fine.
The deal follows GBST’s acquisition of WealthConnect, the Salesforce-based CRM solution, in May.
The joint venture is central to the Italian bank’s strategic plan to strengthen its technology ecosystem.
The project implementation will be led by Backbase’s partner SmartOSC.
With NetGuardians’ solution, the bank aims to strengthen its fraud prevention capabilities.
FrauDfense is a new company set up to enable the exchange of information between the three banks.
Its digital commerce business is to be called NCR Voyix, while its ATM business will be known as NCR Atleos.
The eight-page letter was delivered to a court in Munich through Marsalek’s defence lawyer.
Founded in 2019, Gimo provides flexible pay and financial wellbeing solutions for underbanked workers in Vietnam.
The digital bank says it has now raised around €100m in funding over this year alone.
The confirmation comes two years after the digital bank launched in the UK.
Bain Capital will pick up a 90% stake, with current CEO Gaurav Gupta retaining the other 10%.
This free, in-depth report discusses governance frameworks and technological building blocks for Authentaverse.
The bank has seen its customer count jump from around 123,000 during FY22 to 224,000 at present.
The Amazon One technology allows users to complete transactions using just their hand.
15 fintechs including Wise, Monzo, Revolut and Klarna have penned an open letter to UK chancellor Jeremy Hunt.
Submit your nominations before 4 August 2023!
The Digital Sandbox has previously only been available to developers via pilots and TechSprints.
Martijn Stoker joins HSBC from JP Morgan, and Melissa Tuozzolo from Bank of America.
The PSR’s future direction on the NPA was outlined in its annual plan and budget for 2023/24.
A new cartoon illustrating how the crypto community is starting to believe we’re at the start of another bull market.
We are thrilled to share with you the finalists for the first PayTech Awards USA!
Clockwise’s IT manager says the launch is a “culmination of a huge amount of work over the past six years”.
The closures, which will take effect in October, will leave Virgin Money with 91 bank branches in the UK.
The company will put the funding towards enhancing its software and furthering its market expansion.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
N26 Brazil has laid off around 20 staff, according to local news outlet Estadao.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Salmon says the investment marks the “largest ever” debt financing for a Series A tech company in the Philippines.
The San Marino-based fintech will deploy Finastra’s SaaS solution for high-value corporate payment processing.