Global

July 12, 2023 @ 9:08 am By Omar Faridi  |  

Mesh Payments, which claims to be one of the fastest-growing global spend management platforms, announced the launch of a new enterprise-grade payment solution that closes the loop between procurement, payment and reconciliation processes to deliver an automated payments experience. Mesh ProcurePay connects to any ERP… Read More

July 12, 2023 @ 7:29 am By Omar Faridi  |  

Veriff, a global identity verification provider, today announced it has achieved certification against the UK government’s Digital Identity and Attributes Trust Framework (UKDIATF), a government initiative aimed at “establishing a secure and trustworthy digital identity ecosystem in the region as a part of its digital… Read More

July 11, 2023 @ 11:07 pm By Barry James  |  

Some environments can induce a kind of dream-like state in people overcome by their grandeur. You’d think that Bank of England Governor Andrew Bailey, the ‘Banker’s Banker’ would be over this by now — but no! In this year’s Mansion House speech, we were treated to his vision of… Read More

July 11, 2023 @ 10:43 pm By JD Alois  |  

Birchal, the largest securities crowdfunding platform in Australia (called crowd-sourced funding in the country), has published a report following five years after online capital formation in its present form was legalized. Matt Vitale, CEO and co-founder of Birchal, states: “We’re five years in. The industry… Read More

July 11, 2023 @ 10:07 pm By Omar Faridi  |  

    Bradley Duke, Founder and Chief Strategy Officer at the crypto ETP provider ETC Group has shared key insights on the Standard Chartered (LON: STAN) Bitcoin (BTC) price predictions report. It was mentioned in Reuters this week that Standard Chartered announced in a research… Read More

July 11, 2023 @ 3:59 pm By Omar Faridi  |  

NayaOne has added Bitpanda to its marketplace. Bitpanda, a successful platform providing crypto and brokerage services, will offer a wallet for storing digital assets, a trading platform with charting tools, and a “professional-grade API for developers.” Bitpanda Savings and Bitpanda Staking will also be part… Read More

July 11, 2023 @ 12:17 pm By Omar Faridi  |  

Nordic Capital has agreed to sell Macrobond, a global provider of software and macroeconomic and financial data, to Francisco Partners, a global investment firm that specialises in partnering with technology businesses. Since its initial investment in 2018, Nordic Capital has together “with the management and… Read More

July 11, 2023 @ 11:49 am By JD Alois  |  

The City of  London, working with HM Treasury, has published a review of UK financial services declaring there is an opportunity to become more efficient and competitive. While Brexit has thrown a wrench in the works, the UK continues to be a top global financial… Read More

July 11, 2023 @ 11:22 am By Omar Faridi  |  

RTGS.global, the Financial Market Infrastructure (FMI) streamlining cross-border settlements, has signed “landmark” pilot agreements with two innovative banks as momentum builds in emerging markets for its settlement service. MDO Humo in Tajikistan and Credo Bank in Georgia are the progressive institutions that will run pilots… Read More

July 11, 2023 @ 9:29 am By Omar Faridi  |  

Digital payment platform Silverbird has announced several partnerships to accelerate further financial inclusion for SMEs trading internationally. Driven by the mission to expand the freedom of trade previously limited by traditional banking, Silverbird says that it “provides small businesses with multi-currency accounts that allow them… Read More

July 11, 2023 @ 8:10 am By Omar Faridi  |  

GoCardless, the bank payment company, has appointed Franck Cohen as the Chair of its Board of Directors to accelerate its path to profitability. The industry veteran and entrepreneur reportedly “brings a wealth of experience in the technology and software space, including stints as the EMEA… Read More

July 11, 2023 @ 7:57 am By JD Alois  |  

As was anticipated, Chancellor of the Exchequer Jeremy Hunt outlined his vision for pension reform that will enable these funds to invest in private firms. Hunt said he wanted to increase returns for pensioners while unlocking capital for early-stage firms. We’ve grown faster than France,… Read More

July 11, 2023 @ 12:55 am By Omar Faridi  |  

Inversis, a Banca March 100%-owned subsidiary specializing in providing global solutions for institutional clients in the financial asset distribution business, has reached an agreement with BME, a SIX company, for the complete acquisition of Openfinance. This firm reportedly “offers technological tools for the provision of… Read More

July 10, 2023 @ 11:53 pm By Omar Faridi  |  

UBS (NYSE:UBS) announced that it and Numarics are planning to enter into a strategic partnership to specifically digitize and expand financial and administration solutions for small and medium-sized companies in Switzerland. Administrative tasks mean “a lot of time for SMEs today and are often a… Read More

July 10, 2023 @ 10:50 pm By Omar Faridi  |  

Australian-born payments company Airwallex has appointed Luke Latham as General Manager for its Australia and New Zealand business. Latham joins Airwallex following senior roles “with Amazon, Amazon Web Services, Groupon and most recently as Chief Operating Officer for MILKRUN.” Airwallex CEO and Co-founder Jack Zhang… Read More

July 10, 2023 @ 10:43 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that BanCoppel, part of Grupo Coppel, one of the largest organizations in Mexico, which includes brands such as Afore Coppel and Tiendas Coppel, has selected Temenos in order “to continue its technological transformation, driving modern banking services.” BanCoppel was reportedly the… Read More

July 10, 2023 @ 7:01 pm By JD Alois  |  

The Financial Conduct Authority (FCA) has issued a statement on its ongoing crackdown of crypto ATMs in the UK that are not authorized. The FCA says it has investigated 34 locations in the UK since the start of the year, typically working with other law… Read More

July 10, 2023 @ 11:55 am By JD Alois  |  

Republic, the operator of the largest investment crowdfunding platforms in the world, has enhanced its private deal room service for its top global investors. Republic has revealed “Project Platinum” to serve accredited investors. Republic has sought to create a multi-tiered service for both smaller and… Read More

July 10, 2023 @ 11:44 am By JD Alois  |  

Blockchain security firm CyVers is claiming first in uncovering the Multichain mega hack that saw over $126 million pilfered from the protocol. As was previously reported, Multichain halted its network on the hack just a month after the entity’s CEO disappeared. Cyvers said its AI-driven service… Read More

July 10, 2023 @ 10:54 am By Omar Faridi  |  

Global fintech SumUp has announced the appointment of Anna Kuriakose as Chief Product Officer. She joined SumUp in mid-June 2023 and will be “based in London.” Anna was formerly at Meta, “where she was the product director for Messenger on Windows and Mac and web-based… Read More