Temenos to Pursue an Independent Review of Hindenburg Allegations

Temenos AG (SWX:TEMN) says it will pursue an independent examination of the claims of financial irregularities raised by Hindenburg Research in a report shared this past week. Bloomberg reported that the review is expected to take less than 5 months. Temenos did not share who… Read More

Digital Assets: PostFinance Is Introducing Crypto Services for Switzerland

PostFinance is launching a new crypto service for Switzerland. PostFinance is a financial service firm that serves over 2.5 million customers in Switzerland. It aims to assist smaller firms in their transition to digital finance including banking, payments, money management and more. PostFinance claims that… Read More

Cambridge Centre for Alternative Finance Founder Bryan Zhang Appointed to the Board of the UK Financial Conduct Authority

Bryan Zhang, the co-founder and Executive Director of the Cambridge Centre for Alternative Finance (CCAF), has been appointed to the Board of the UK Financial Conduct Authority (FCA). Zhang commenced his initial three-year term as a non-executive Director today (February 19, 2024). The FCA is… Read More

UK Market Report: Uncertainty Around Economic Outlook Impacts Hiring Decisions – Survey

The latest KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, highlighted that ongoing uncertainty around the economic outlook continued to impact hiring decisions at the start of the year. Permanent placements fell at “a sharp and accelerated pace, while the downturn… Read More

Remote Working Fintech Deel Launches API for Global Payroll and EOR, Making Processing More Seamless

Fintech firm Deel is pleased to launch the new Adjustments API for Global Payroll and EOR, making your payroll processing experience faster and more accurate. Deel explains that the API lets you automatically “sync expenses, bonuses, and allowances data directly onto Deel, so you’ll only… Read More

European Fintech Payhawk Explains How Expense Reporting Can Be Improved with Digital Technology

From submitting expenses and defining approval workflows to automated reconciliation and employee reimbursements, your spend management operations likely “include many people and processes, and they need a solution that can address your financial needs,” the team at Payhawk notes. Payhawk wrote in a blog post… Read More

B2B Payments Volume in the UK to Exceed 10 Billion by 2028, as Payment Automation Enables Efficiencies – Report

A study from Juniper Research, the researchers focused on payments markets, has found that savings from the adoption of payment automation systems will “allow reinvestment in revenue-generating activities; driving an 18% growth in UK B2B payments by 2028, from 8.7 billion in 2024.” Automation of… Read More

Revolut to Introduce Digital Assets Exchange, Expected to Include Tools for Professional Crypto Traders

Revolut is reportedly preparing to introduce a digital assets exchange that will aim to serve advanced or professional crypto traders. As widely reported, Revolut already provides standard cryptocurrency-focused services to around 30 million clients. The new crypto exchange will reportedly aim to provide competitive fees… Read More

Fintech M&A Activity Declines YoY as Acquisitions Favor Enterprise Fintechs – Report

An extensive report has been shared, entitled Financial Fusion: Fintech’s M&A Landscape Unveiled: A guide to fintech M&A and the next wave of deals, by the researchers at Pitchbook. PitchBook says that the Fintech sector continues to attract substantial investments but certain segments might have… Read More

Fintech Klarna to Provide More Streamlined Digital Commerce Experience

Klarna, a global payment provider and shopping assistant, has launched “Sign in with Klarna” to offer consumers a smoother shopping experience with increased control over their own data. The service saves time for consumers “by fast-tracking the online purchase process and, if they consent to… Read More

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