US Bank subsidiary Elavon lands UK banking authorisation
With the licence, Elavon intends to offer authorisation, settlement, card machines, and banking services in the UK.
With the licence, Elavon intends to offer authorisation, settlement, card machines, and banking services in the UK.
The partnership will extend the app’s remittance network to over 200 countries worldwide.
Coop says its “super-app” will provide banking services, payments and pension solutions to its customers.
The solution is set to launch commercially in H1 2024 and will be led by CEO Guillaume Massis.
With the ClearBank partnership, Alba Bank aims to offer “near real-time payments” to its customers.
The PRA directed the bank last year to instate a CoP system by 31 October 2023.
McCarthy joined Thredd in January this year as executive vice president – global head of product and sales.
The licensed electronic money institution will be able to onboard new customers with just a passport.
Unmissable sponsorship opportunities – digital and physical – at the upcoming Banking Tech Awards on 30 November.
Modulr is working to ensure it meets evolving regulatory requirements following a period of growth.
In his new role, Fry will be tasked with developing the bank’s position within the digital assets market.
The bank says the new company will have “a more strategic focus” on software development transformation.
Dr Henry Balani of Encompass Corporation discusses the impact of the review on the UK banking system.
Cole has previously served as CEO of Barclaycard UK and CEO of Capital One’s UK division.
The announcement follows the completion of the digital euro’s “investigation phase”, which began in 2021.
The service seeks to bridge the gap between cash and the e-commerce market.
With the new facility, Uncapped aims to expand its reach and provide more digital businesses with access to financing.
Through the partnership, Generali Investments Holding will utilise Fenergo’s client lifecycle management solution.
The new platform aims to provide those over the age of 50 with access to competitive savings rates.
The deployment forms part of the bank’s core banking replacement project ‘Cosmos’.
Rachel Fairhurst joins as VP of credit risk and client success and Jakub Piotrowski as VP of product.
With the new facility, Iwoca plans to meet the “growing demand” among SMEs for working capital.
The bank first began working with Temenos six years ago, when it adopted its T24 core banking system.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
CPO Mike Walters will take over as CEO, with COO Eimear O’Connor stepping in as CPO.
The company describes the licencing as “a significant step forward” for its position in the UK neobanking market.
The increase builds upon a £165 million deal made with BNP Paribas and M&G Investments in July.
Alba Bank says the migration will enable it to build products at speed to meet evolving market demands.
Khanna will replace Aaqib Mirza, who is set to lead Peel Hunt’s soon-to-be-launched RetailBook business.
Upvest has also partnered BlackRock in a bid to make investing “more accessible” for investors across Europe.
Medius announced its acquisition of the expense management software company Expensya back in June.
Nvayo says that it “is working with the FCA to resolve their concerns and hope to find a solution”.
The regulator’s new rules for the promotion of cryptoassets went live on 8 October.
Carlesi is to depart Molo, which she has led since its inception in 2018, on 25 November 2023.
Bendras finansavimas, the operator of Savy, is expected to utilise all of Amlyze’s core modules.
The payment service provider is to deploy the regtech’s solutions to enhance its customer onboarding processes.
The solution seeks to support businesses with the digital issuance of bank guarantees.
He joins from DF Capital, a UK-based savings and lending bank, where he served as CRO for nearly three years.
The two companies will become part of the new ieDigital Group, but will, at this time, retain their separate brands in their respective markets
Keebo applies open banking data in its credit decisioning process to lend to those with thin or limited credit histories.