January 8, 2024 @ 10:18 am By Omar Faridi  |  

Brian Muse-McKenney, CRO of Episode Six, says that despite the volatility, especially amid the bank collapses earlier in the year, the industry has continued to undergo a radical shift. He explains “that this is because consumer preferences continue to gravitate toward digital transactions.” According to… Read More

 Tagged banking, Brian Muse-McKenney, episode six

January 8, 2024 @ 9:38 am By Omar Faridi  |  

The property industry has reacted to the latest mortgage approval data from the Bank of England. The latest figures show that mortgage approvals for November 2023 sit “at 50,067, up from 47,888 in October.” According to an update shared with CI, this marks “a YoY… Read More

 Tagged bank of england, mortgages, perspective, property market, uk, united kingdom

January 8, 2024 @ 8:41 am By Omar Faridi  |  

Everything that Plaid is building together is part of a “bigger picture” which includes helping millions find financial freedom. As Plaid and its team prepares for 2024, they’ve taken a look back at what they consider to be the year’s biggest highlights and what they’ve… Read More

 Tagged open banking, outlook 2024, plaid

January 8, 2024 @ 8:21 am By Tony Zerucha  |  

The United Kingdom’s Financial Conduct Authority (FCA) has imposed fines on three money transfer firms after they admitted to fixing prices charged to consumers in Glasgow, Scotland. Dollar East (International Travel & Money Transfer) Ltd; Hafiz Bros Travel & Money Transfer Limited; and LCC Trans-Sending… Read More

 Tagged enforcement, fca, uk, united kingdom

January 8, 2024 @ 8:18 am By Omar Faridi  |  

Global Fintech Airwallex has reportedly announced the appointment of Nadav Tamam in order to spearhead its enterprise business focused on Israel and the Middle East region. As reported by news outlets focused on Israel, Tamam has prior experience working at firms like Google as well… Read More

 Tagged airwallex, israel, mena, middle east, nadav tamam, payments

January 7, 2024 @ 6:39 pm By Omar Faridi  |  

Business leaders in the financial services sector are feeling optimistic moving into 2024, according to new research from KPMG UK. The survey of senior executives working in the sector found “that 87% are ‘confident’ when it comes to overall business growth in the first quarter… Read More

 Tagged kpmg, research, uk, united kingdom

January 7, 2024 @ 6:29 pm By Tony Zerucha  |  

Rocket Companies, the Detroit-based Fintech that includes mortgage, real estate, and other financial services businesses, has named Jonathan Mildenhall as its group chief marketing officer (CMO), effective Jan. 8. “Jonathan is one of the top marketing minds in the world, with a strong reputation for consistently delivering compelling… Read More

 Tagged Jonathan Mildenhall, rocket, Varun Krishna

January 7, 2024 @ 6:28 pm By Omar Faridi  |  

Norlantic Capital, a cross-border private markets firm, was established specifically to provide next-gen private equity investors—European and U.S. high-net-worth individuals, wealth managers, and family offices—diversified access to one of the most dynamic, diversified, and “fast-growing” markets in the world. The firm claims that it offers… Read More

 Tagged Cross-Border Transactions, EU, european union, Fredrik Platou, norlantic capital, Ragnvald Risan

January 7, 2024 @ 6:22 pm By Michael Wong  |  

A recent survey conducted by high-impact research firm Capstone-Intel Corp. has revealed a significant trend in the Philippines: 90% of Filipinos now regularly use financial technology (fintech) applications for their daily transactions. This growing reliance on digital finance underscores the urgency for improvements in security… Read More

 Tagged capstone-intel, Ella Domingo-Coronel, Filipino, payments, Philippines

January 7, 2024 @ 6:21 pm By Omar Faridi  |  

BBVA is looking to spot and train the best in-house talent in the use of the large language models (LLMs) that are behind the success of the likes of ChatGPT, as it drives the exploration of projects based on generative artificial intelligence. To succeed in… Read More

 Tagged ai, artificial intelligence, bbva, europe, generative ai, large language models, llms