December 5, 2023 @ 4:55 pm By JD Alois  |  

Congressman Patrick McHenry, a Republican from North Carolina and current Chairman of the House Financial Services Committee, has announced his intent not to seek re-election to the seat in Congress he has held for 20 years. In a statement posted on the Congressman’s website, he… Read More

 Tagged aoip, bill clark, credit union assocation, crypto council for innovation, doug ellenoff, karen kerrigan, patrick mchenry, sbe council, sheila warren, small business and entrepreneurship council

December 5, 2023 @ 11:05 am By JD Alois  |  

Chip, an early-stage Fintech, has returned to Crowdcube to raise another funding round. In 2021, it was reported that Chip raised £11.5 million in a funding round listed on Crowdcube. At that time, Chip saw almost 13,000 investors support the firm in an equity offering… Read More

 Tagged chip, crowdcube, uk, united kingdom

December 5, 2023 @ 10:31 am By Omar Faridi  |  

The majority of UK consumers are unhappy with high-street banks, believing they have prioritized profits over “passing higher interest rates on to savers, new research has revealed.” A survey of 2,000 UK adults commissioned by SmartSave, run by Chetwood Financial, found that 65% of people… Read More

 Tagged andy mielczarek, chetwood, Consumer Preferences, europe, financial services, insights, research, smart save, survey, uk, united kingdom

December 5, 2023 @ 9:11 am By Omar Faridi  |  

Starling Bank is working with GFT, the global digital transformation pioneer, as an implementation partner for its Software-as-a-Service business, Engine by Starling. Engine by Starling provides banks “with access to the cloud native, modular and API-based banking platform initially built by Starling‘s own in-house tech… Read More

 Tagged digital banking, engine by starling, gft, marika lulay, sam everington, starling bank

December 5, 2023 @ 8:44 am By Omar Faridi  |  

The pan-European Fintech Fourthline selected as Qonto’s technology solution in the verification of customer compliance during onboarding (KYC) in France, Spain and Italy. Fourthline is a European fintech founded in 2017 that “has developed a technology suite enabling financial services providers to carry out KYC… Read More

 Tagged compliance, europe, financial services, fintech adoption, fintech rends, Fourthline, france, italy, qonto, spain

December 5, 2023 @ 8:11 am By Omar Faridi  |  

Allica Bank (LSE:WISE) has partnered with Wise Platform, Wise’s global payment infrastructure for banks and major enterprises, in order “to offer our established business customers a simple and low-cost way to send money overseas.” Now clients can seamlessly make and “manage their global payments directly… Read More

 Tagged allica bank, europe, financial services, uk, united kingdom, wise

December 5, 2023 @ 7:35 am By Omar Faridi  |  

Halfords Group PLC, the UK’s largest provider of motoring and cycling products and services has selected Kriya, the embedded finance provider, “to power payments and credit for its trade account customers.” Under the partnership Kriya will “embed its financial tools across Halfords stores, customer teams,… Read More

 Tagged anil stocker, anthony caie, digitalization, embedded finance, europe, financial services, halfords, kriya, payments, smbs, sme's, uk, united kingdom

December 5, 2023 @ 7:32 am By Omar Faridi  |  

Nucleus Financial Platforms Group, one of the UK’s independent, adviser platform groups, has appointed Alexander Filshie as Chief Financial Officer (CFO), “subject to regulatory approval.” He starts taking over from Mike Regan who, as previously announced, “has been appointed as Chief Commercial Officer.” Mike Regan… Read More

 Tagged alexander filshie, europe, financial services, new appointments, nucleus, nucleus financial platforms, richard rowney, uk, united kingdom

December 4, 2023 @ 11:52 pm By Omar Faridi  |  

Alchemy Pay, the crypto payment solutions provider, has expanded its payment options in the Europe and UK regions. The introduction of the Euro Instant solution SEPA Instant and the UK fast e-money transfer solution Faster Payments enhances its On-Ramp service, “allowing users to swiftly execute… Read More

 Tagged alchemy pay, digital transactions, europe, faster payments, fintech trends, payments, sepa, uk, united kingdom

December 4, 2023 @ 11:49 pm By Omar Faridi  |  

Globally, the peak minute of shopping occurred on Black Friday at 2:09 pm ET on November 24, 2023, according to an update shared by Square. Cities with the largest volume of sales were New York, Los Angeles, London, Chicago, and Miami. Over the Black Friday… Read More

 Tagged afterpay, bnpl, buy now pay later, digital commerce, digital transactions, e-commerce, fintech trends, insights, online shopping, square