June 4, 2024 @ 7:15 am By Omar Faridi  |  

Societe Generale says that it paves the way for responsible global transaction banking (GTB), supporting its clients in their move toward a more sustainable and inclusive economy. In the face of changing market expectations and the absence of established market standards for sustainable GTB solutions,… Read More

 Tagged digtal economy, global transaction banking, societe generale, sustainability

June 4, 2024 @ 7:14 am By Omar Faridi  |  

Playing the lottery can be fun – there’s a slim chance you might win a life-changing sum of money, the PensionBee team notes in a blog post. However, new modelling from PensionBee, reveals if the approximately 50% of UK adults who regularly “enter the National… Read More

 Tagged pensionbee, savings, uk, united kingdom

June 4, 2024 @ 7:12 am By Omar Faridi  |  

UK’s digital bank Monzo has released its 2024 financial results. Monzo announced its first full-year pre-tax profit. The Fintech firm also revealed that it’s currently in the early phases of expanding into the wider European markets through a new division in Ireland. The update from… Read More

 Tagged digital bank, EU, monzo, uk, united kingdom

June 4, 2024 @ 6:53 am By Omar Faridi  |  

The UK’s Payment Systems Regulator (PSR) has announced recently that David Geale has been appointed Interim Managing Director of the PSR with effect from 10 June. The interim appointment will be for a period of nine months. David joins the PSR from the FCA where… Read More

 Tagged payment systems regulator, psr, uk, united kingdom

June 3, 2024 @ 11:57 pm By Omar Faridi  |  

Robinhood Crypto customers in the United States can now use their API to view crypto market data, manage portfolios and account information, and place crypto orders programmatically. Robinhood Markets (NASDAQ: HOOD) is pleased to announce the Robinhood Crypto trading API, ushering in a new era… Read More

 Tagged apis, crypto trading, robinhood

June 3, 2024 @ 4:09 pm By Omar Faridi  |  

The EY Future Consumer Index (FCI), a global study surveying 23,000 consumers across 30 countries, including 1,500 in the US, indicated that US consumers are optimistic “about the future, with 77% of consumers noting that they think their lives are the same or better now… Read More

 Tagged consumer behavior, ey, fraud, identity, research, security

June 3, 2024 @ 4:07 pm By Omar Faridi  |  

Relay, the business banking platform that gives cash flow clarity to small businesses (SMBs), announced the close of a US$32.2 million Series B financing round, led by Bain Capital Ventures. This brings Relay’s total funding to US$51.6 million. The new financing accelerates Relay’s product development… Read More

 Tagged banking, funding round, relay, sme's

June 3, 2024 @ 11:45 am By Omar Faridi  |  

The term ‘Unicorn’ was first introduced in 2013, as a way to signify the statistical rarity of high-performing startups. Unicorn status today is much more than a financial milestone of around $1 billion; for startups, it’s a recognition of their organization’s disruptive capabilities, unique solutions,… Read More

 Tagged fintech adoption, galia beer-gabel, interview, startups, team8, vc, venture capital, women changing finance

June 3, 2024 @ 9:04 am By Omar Faridi  |  

The Bank of London has announced a strategic partnership with payments specialists, allpay Limited, to simplify and expedite payments for everyone, whether they have a bank account or not, through easily manageable prepaid cards. As part of the multi-year strategic partnership, the two companies “will… Read More

 Tagged allpay, bank of london, payments, uk, united kingdomn

June 3, 2024 @ 8:57 am By Omar Faridi  |  

N26, Europe’s digital bank, says that it welcomes the latest decision from the Federal Financial Supervisory Authority (BaFin) in Germany, which will see the complete lift of the growth restriction for N26 from June 1, 2024. To date, the company has been able “to take… Read More

 Tagged bafin, banking, digital bank, germany, n26