UK Businesses Continued Positive Start to 2024 – Report

Businesses continued their positive start to the new year, Lloyds Bank’s latest Business Barometer has found. The Barometer – which measures businesses’ overall confidence “by assessing their trading prospects and optimism for the economy – found that while overall confidence dipped slightly to 42%, businesses… Read More

Online Investment Platform Webull Is Reportedly Planning to Go Public via SPAC Deal

Online investing platform Webull is reportedly planning to go public through a potential $7.3 billion merger with a blank-cheque company. Webull intends to list on the Nasdaq during the second half of 2024. This, after reportedly agreeing to a definitive deal with special purpose acquisition… Read More

UK Fintech TangoPay and Currencycloud to Improve Remittance Services

Currencycloud, the Fintech firm focused on simplifying business processes in a multi-currency environment, has teamed up with UK-headquartered Fintech company, TangoPay to improve its remittance service for its UK-based expat clients. This enhancement will be achieved by introducing real-time competitive foreign exchange (FX) rates along… Read More

Real-Time KYB Services: Equifax Launches Business Verification Solution

Equifax (NYSE: EFX) is launching a real-time, Know Your Business (KYB) online Business Verification Solution offering “to help U.S. lenders and businesses of all sizes make faster, more informed decisions before onboarding new accounts or vendors.” New business applications in the United States have “been… Read More

Switzerland’s SIX to Link Connexor to D7, Deutsche Börse’s Digital Post-Trade Platform

SIX is partnering with Clearstream in order for the Connexor service of SIX to become a D7 Digital Market Partner to process and distribute reference data of financial instruments. D7 is Deutsche Börse’s digital post-trade platform for digitizing financial instruments, which allows for the issuance… Read More

Hong Kong Green Week’s Finance Stream Wraps Up with Global Participation

Hong Kong City

The Hong Kong Green Week – Finance Stream concluded Friday, marking the end of a series of sustainability-themed events that drew more than 1,600 participants from almost 30 jurisdictions worldwide. The week-long initiative brought together a diverse group of stakeholders, including financial institutions, corporates, central… Read More

ClearBank, the Enabler of Embedded Banking Services, Appoints Emma Hagan as CEO of UK Operations

ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, announced that Emma Hagan has been appointed CEO of ClearBank UK, and will take up the role following regulatory approval. Hagan brings a wealth of banking experience “to the role, having… Read More

Alpaca Now Supports Limit Orders and Extended Hours Trading for Fractional Shares

Alpaca now supports limit orders and extended hours trading for fractional shares. As noted in a blog post from Alpaca, trading in fractional shares is considered to be “a crucial tool for investors.” Alpaca says that it opens the door “for individuals to invest in stocks… Read More

BNPL Adoption Report: Buy Now Pay Later Client Satisfaction Improves But Service Provider Performance Varies Significantly

Although the rapid rise of Buy Now Pay Later (BNPL) services has been accompanied by a growing chorus of concern about runaway consumer debt, the customers who are using these services are growing “increasingly satisfied with their experiences.” According to the J.D. Power 2024 U.S…. Read More

Global Payments Fintech Airwallex to Expand Business Operations with New Hires

Airwallex, a global payments and financial platform for modern businesses, announced the expansion of its global leadership team, with three new hires based out of the company’s Americas headquarters in San Francisco. Jason Gottlieb joins “as VP, Financial Partnerships, Hugo Buret as Global Head of… Read More

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