April 4, 2024 @ 7:54 am By Omar Faridi  |  

Karim Haji, Global and UK Head of Financial Services at KPMG, comments on the recent Money and Credit data from the Bank of England. Karim noted that mortgage approvals rising for the fifth month in a row shows the housing market recovery “is still moving… Read More

 Tagged bank of england, inflation, interest rates, uk

April 4, 2024 @ 7:52 am By Omar Faridi  |  

DTCC, the post-trade market infrastructure for the global financial services industry,  announced that Societe Generale is reportedly the first Prime Broker to leverage CTM’s new automated tri-party trade matching workflow as the industry prepares for the increased focus on global accelerated settlement requirements. CTM’s new… Read More

 Tagged ctm, dtcc, france, infrastructure, societe generale

April 4, 2024 @ 5:12 am By Omar Faridi  |  

LendInvest Mortgages, the UK’s platform for mortgages, has announced a limited edition Easter incentive for its Buy-to-Let landlord customers as it reduces rates up to 15bps. The limited edition offer is targeted “at first-time landlords, and offers free valuations on Small HMO properties up to… Read More

 Tagged lendinvest, uk, united kingdom

April 3, 2024 @ 10:29 pm By Omar Faridi  |  

Commerzbank is updating its existing payment platform in Germany to process cross-border payments via the SWIFT network and to process high-value and urgent payments via the TARGET 2 or EURO 1 payment systems. To achieve this, the Bank is using the TRAVIC-Payment Hub developed by… Read More

 Tagged commerzbank, germany, payments

April 3, 2024 @ 10:26 pm By Omar Faridi  |  

Treasury Prime, an embedded banking software company, announced today its strategic partnership with Narmi, a provider of digital banking solutions for financial institutions. This collaboration enables Treasury Prime’s banking customers “to send and receive money instantly through the FedNow Service and integrate the FedNow experience… Read More

 Tagged banking, embedded finance, Narmi, treasury prime

April 3, 2024 @ 8:18 pm By Omar Faridi  |  

A new study from Juniper Research, the researchers focused on fintech markets, has forecast that the value of global POS (Point-of-Sale) terminal transactions will reach $17 trillion by the end of 2024, and grow by 25% to 2028. This growth comes despite the recent POS… Read More

 Tagged digital transactions, payments, pos terminals, Research Study

April 3, 2024 @ 8:17 pm By Omar Faridi  |  

AGL Credit Management LP, an investment manager specializing solely on corporate credit strategies, and Barclays Plc, a global Investment Bank, announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit. AGL PC combines AGL’s established credit competency… Read More

 Tagged agl credit management, barclays, investments, uk

April 3, 2024 @ 10:52 am By JD Alois  |  

The American Fintech Council (AFC) has added ZayZoon as a member. ZayZoon was founded in 2014 and it is a Fintech that provides Earned Wage Access (EWA) for small and mid-sized businesses. Phil Goldfeder, Chief Executive Officer of the AFC, said that ZayZoon is a… Read More

 Tagged AFC, american fintech council, ZayZoon

April 3, 2024 @ 9:36 am By JD Alois  |  

Mangopay, a Paris-based global payments firm, has hired a new Head of Sales for Fraud in an effort to boost its anti-fraud kit. Bertrand Dezard will now look to grow the company’s international fraud business worldwide, with a focus on Europe and Latin America, as… Read More

 Tagged france, fraud, mangopay, payments

April 3, 2024 @ 9:23 am By JD Alois  |  

Following the full regulatory approval from the UAE Securities and Commodities Authority to deal in securities in the UAE, Capital.com has opened an office in Dubai and plans to expand its services across the MENA and Asia regions. Launched in 2016, Capital.com aims to enable… Read More

 Tagged capitla.com, dubai, uae