July 29, 2024 @ 2:36 pm By Omar Faridi  |  

NatWest Group plc announces that it1 has entered into an agreement with Metro Bank plc to acquire a £2.5 billion portfolio of prime UK residential mortgages, with a weighted average current loan to value of c.62%. On completion of the transaction2 NatWest Group “expects to welcome… Read More

July 29, 2024 @ 2:35 pm By Omar Faridi  |  

On 25 July 2024, BNP Paribas arranged and placed the first ever Sovereign digital bond issuance for Eurozone and EMEA, the Republic of Slovenia with on-chain settlement using the Banque de France’s (BdF) tokenized Cash solution provided within the European Central Bank’s (ECB) wholesale central… Read More

 Tagged bnp paribas, digital bond, emea, france

July 29, 2024 @ 11:32 am By JD Alois  |  

Wealthblock, a tech platform that supports private securities offerings, says since its founding in 2018 it has helped issuers to raise over $4  billion in capital from 15,000+ investors. Wealthblock is a white-labeled platform that provides several services for firms raising money. The platform is… Read More

 Tagged wealthblock

July 29, 2024 @ 7:39 am By Omar Faridi  |  

Brits’ confidence in their retirement prospects continues to rise, according to PensionBee’s latest Pension Confidence Index. The Pension Confidence Indicator score “surged to +30 immediately following the General Election, up from +22 in March 2024 and significantly higher than -10 in December 2023 and -9… Read More

 Tagged pension, pensionbee, retirement, uk

July 29, 2024 @ 6:39 am By Tony Zerucha  |  

Fintech firm Electronic Merchant Systems has hired Dan Stanbridge as chief risk and compliance officer. Stanbridge has more than 15 years of experience in the financial services industry. He was chief risk officer at Flexfactor and SVP of merchant risk at Paysafe. He led efforts to mitigate risk and… Read More

 Tagged Ahshin Yazdian, Dan Standridge, Electronic Merchant Systems, risk

July 29, 2024 @ 5:26 am By Michael Wong  |  

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is poised to significantly advance the digital payments landscape in the country with the upcoming introduction of its Request to Pay (RTP) and Direct Debit facilities. Announced by BSP Deputy Governor Mamerto Tangonan… Read More

 Tagged bsp, digital payments, payments, Philippines

July 28, 2024 @ 11:43 pm By Omar Faridi  |  

Zafin, the provider of SaaS core modernization and transformation solutions for banks announces that Rabobank a multi-national banking and financial services company, headquartered in the Netherlands with more than 9.1 million customers has selected the Zafin platform to optimize its pricing, billing and invoicing capabilities… Read More

 Tagged europe, netherlands, rabobank, Zafin

July 28, 2024 @ 10:42 pm By Omar Faridi  |  

Businesses in the UK can access Lightyear’s new business accounts and start putting their money to work through cash interest and investments on the platform. This comes as the neobroker releases analysis “on new Bank of England data highlighting the increase in the total amount… Read More

 Tagged cash, investments, lightyear, uk

July 28, 2024 @ 9:24 pm By Omar Faridi  |  

Late payments to UK small businesses surged over the last three months, with payments delayed by more than a week on average, according to the latest Xero Small Business Insights (XSBI) data from Xero, the global small business platform. Payments to small businesses were “made… Read More

 Tagged data, payments, small businesses, uk

July 28, 2024 @ 8:19 pm By Omar Faridi  |  

The Ireland card payments market is forecast to grow by 5.4% to reach EUR95.2 billion ($102.9 billion) in 2024, supported by growing consumer preference for electronic payments, forecasts GlobalData, a data and analytics company. GlobalData’s Payment Cards Analytics reveals “that card payment value in Ireland… Read More

 Tagged card payments, data, ireland, payments