April 22, 2024 @ 8:44 am By Omar Faridi  |  

MUFG Bank, Ltd., which claims to be one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank, one of the investment banking groups in Europe, reportedly completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS… Read More

 Tagged digital financial services, investment banking, japan, mufg bank

April 22, 2024 @ 8:25 am By Omar Faridi  |  

Manchester Digital has launched its new Manifesto for the Northern Tech Economy, in advance of the Greater Manchester Mayoral elections on 2nd May. They are calling on the new Mayor of Greater Manchester “to seize the opportunity to turbocharge the northern tech economy with the… Read More

 Tagged digitalization, manchester digital, uk, united kingdom

April 22, 2024 @ 8:24 am By Omar Faridi  |  

Chris Pacey is said to have more than 20 years’ experience with deep technical knowledge of receivables and ABL products. Prior to joining ThinCats, Chris was working as Head of Relationship Management at ABN AMRO Commercial Finance. Chris will work alongside the ThinCats business development… Read More

 Tagged new appointments, thincats, uk, united kingdom

April 22, 2024 @ 8:23 am By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched a new fund to open to tech and finance companies which want to invest directly in impactful projects to contribute to global biodiversity targets but don’t know where… Read More

 Tagged ai, biodiversity, fintech trends, klarna, milkywire

April 22, 2024 @ 8:22 am By Omar Faridi  |  

The British Business Bank’s Investment Fund for Scotland has agreed £5 million of deals to support the growth of small businesses, just six months since the fund was launched to improve access to finance and provide a boost to the Scottish economy. The milestone comes… Read More

 Tagged british business bank, scotland, uk, united kingdom

April 22, 2024 @ 8:20 am By Omar Faridi  |  

UK’s Allica Bank is pleased to share that their firm achieved their first full year of profitability in 2023. Just three years since Allica Bank opened their doors to lending, it makes them one of the fastest fintechs in the UK to do so, the… Read More

 Tagged allica bank, banking, digital bank, uk, united kingdom

April 22, 2024 @ 8:16 am By Omar Faridi  |  

Digital payments are becoming the cornerstone of the cross-border, international digital money transfer and remittances market “with numerous disruptor MTOs (Money Transfer Operators) making strong progress,” the Juniper Research team noted. Juniper Research has explained that cross-border transfer has evolved from being “solely a sphere… Read More

 Tagged cbdcs, payments, research, stablecoins, virtual currencies

April 22, 2024 @ 6:58 am By Tony Zerucha  |  

The American Fintech Council, an industry association representing fintech companies, BaaS banks and credit unions, announced this week that Continental Finance has become its newest member. Continental Finance works to provide a variety of services to customers who have been long forgotten by traditional financial… Read More

 Tagged american fintech council, Continental Finance, Phil Goldfeder, Stephen McSorley

April 21, 2024 @ 12:38 pm By Omar Faridi  |  

CME Group, the derivatives marketplace, announced that its quarterly international average daily volume (ADV) reached a record 7.4 million contracts in Q1 2024, up 2% year on year. Reflecting all trading reported from outside the United States, volume was driven “largely by 38% growth in… Read More

 Tagged cme group, derivatives, financial services, trading

April 21, 2024 @ 10:45 am By Omar Faridi  |  

Montran, a global enabler of capital markets infrastructure, announces the successful launch of the new Central Securities Depository (CSD) platform at the Banco de la República de Colombia. This deployment marks a significant milestone in “modernizing the Colombian financial market infrastructure.” José Escobar, General Manager… Read More

 Tagged colombia, montran