October 31, 2023 @ 2:27 pm By JD Alois  |  

The Subcommittee on Financial Institutions and Monetary Policy, part of the House Financial Services Committee, has scheduled a hearing entitled; “The Tangled Web of Global Governance: How the Biden Administration is Ceding Authority Over American Financial Regulation.” The United States is home to the most… Read More

 Tagged house financial services committee

October 31, 2023 @ 2:07 pm By JD Alois  |  

TrueLayer has issued an update stating they will be enabling William Hill, a UK gaming operator, to provide instant pay-ins and pay-outs for its customers. William Hill provides sports betting, poker, and more. TrueLayer says the winnings can be transferred instantly into a user’s bank… Read More

 Tagged gaming, open banking, truelayer

October 31, 2023 @ 1:57 pm By Omar Faridi  |  

Nubank (NYSE:NU) has surpassed 90 million customers in Latin America in its operations in Brazil, Colombia, and Mexico, consolidating its position as one of the fastest-growing financial services companies in the world. David Vélez, Nubank’s founder and CEO, at an event for the press and… Read More

 Tagged brazil, Business Expansion, colombia, david vêlez, digital banking, financial services, fintech adoption, fintech trends, latam, latin america, mexico, milestone, nubank, South America, virtual bank

October 31, 2023 @ 10:28 am By Omar Faridi  |  

Despite a challenging economic environment, 101 new businesses were created every hour across the UK in the first half of 2023, according to research by iwoca – one of Europe’s largest small business lenders. Analysis of Companies House data reveals “that over 436,000 businesses were… Read More

 Tagged business growth, europe, financial services, iwoca, london, research, scotland, seema desai, small businesses, smbs, sme's, uk, united kingdom

October 31, 2023 @ 10:25 am By Omar Faridi  |  

Smart Pension, one of the UK’s workplace pension providers, and Mercer, the global consulting and investments leader and a business of Marsh McLennan (NYSE:MMC),  launch a new pension solution to meet the accelerating demand for modern retirement technology amongst the UK’s 5.5 million small and… Read More

 Tagged digitalization, europe, financial services, investments, jamie fiveash, marsh & mclennan, mercer, pensions, smart pension, smbs, sme's, uk, united kingdom, workplace pension providers

October 31, 2023 @ 10:23 am By Omar Faridi  |  

DTCC, the post-trade market infrastructure for the global financial services industry, today announced the launch of Trade Reporting Analytics and UTI Exchange as part of its DTCC Report Hub service. Report Hub is a cloud-based pre and post reporting platform that “helps firms manage the… Read More

 Tagged americas, analytics, chris childs, dtcc, financial services, infrastructure, north america, post-trade market infrastructure

October 31, 2023 @ 8:11 am By Omar Faridi  |  

Business confidence in the UK rose to 39% in October, “a three-point increase, to reach the second highest level in 2023–surpassed only in August (41%),” according to an update shared by Lloyds Banking Group. The confidence level this month is “significantly above the long-term average… Read More

 Tagged business confidence, europe, lloyds, lloyds banking group, research, Research Report, uk, united kingdom

October 31, 2023 @ 6:46 am By Omar Faridi  |  

In an era where digital transformation is reshaping the insurance landscape, Snapsheet, a frontrunner in claims management technology, and Foundation AI, a transformative document processing solution, are proud to announce their strategic alliance. This collaboration underlines “a significant synergy of AI-powered document processing with claims… Read More

October 31, 2023 @ 5:28 am By Omar Faridi  |  

Thunes, the global B2B cross-border payments infrastructure company, has appointed Chloé Mayenobe as its new Chief Operating Officer. Mayenobe joins Thunes at a pivotal moment “as the company continues its strategic expansion following its successful Series C fundraising in July 2023.” A seasoned tech leader… Read More

 Tagged b2b, chloé mayenobe, cross-border payments, infrastructure, new appointments, thunes, women changing finance

October 30, 2023 @ 9:25 pm By JD Alois  |  

Earlier this month, the Consumer Financial Protection Bureau (CFPB) proposed new rules seeking to boost Open Banking (Open Finance) in the United States. Open Banking, sometimes called Open Finance, is a concept where data can be seamlessly transferred from one financial service provider to another… Read More

 Tagged cfpb, open banking