Episode Six names former HSBC exec as new chief revenue officer
Brian Muse-McKenney becomes Episode Six’s first CRO.
Brian Muse-McKenney becomes Episode Six’s first CRO.
Settle will use the expanded facility to boost its lending to e-commerce and consumer brands.
The app will leverage Currencycloud’s multi-currency virtual accounts for cross-border payment services.
The group’s board of directors says Rose has “agreed by mutual consent to step down”.
The US Federal Reserve has fined Credit Suisse $269 million, with the UK’s PRA issuing a further $119 million fine.
The project implementation will be led by Backbase’s partner SmartOSC.
FrauDfense is a new company set up to enable the exchange of information between the three banks.
The bank has seen its customer count jump from around 123,000 during FY22 to 224,000 at present.
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Here’s our pick of five of the top news stories from the world of finance and tech this week.
The San Marino-based fintech will deploy Finastra’s SaaS solution for high-value corporate payment processing.
FedNow operates in parallel with the Federal Reserve’s existing payment services, Fedwire and FedACH.
The signing and project kick-off took place this week in Yangon, Myanmar.
N26 will reportedly continue to be restricted to 50,000 new customer acquisitions per month.
The Swedish fintech has appointed Alexander Kassai as COO and Fredrik Strömqvist as CFO.
Hamdan joins the bank from Jordan’s first neobank Blink, where he served as platform lead since December 2021.
The Saudi bank selected TCS BaNCS to digitise its IT landscape across deposits, lending and payments.
Reuters reports Santander is making at least 50 new hires in a push to become a major investment banking player.
Access Bank will acquire Standard Chartered’s subsidiaries in Angola, Cameroon, The Gambia and Sierra Leone.
The solution targets MMEs that lack experience and accessibility of financial and non-financial products.
According to Innovate Finance data, $27.3bn was injected into the industry globally during H1 2023 through 1,714 deals.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The bank has struck an agreement this week to sell a 77.8% stake in AXS to the private equity firm.
The firm is setting up a new base in Luxembourg and will invest €200m in the country and across the wider EU.
Citi Commercial Bank (CCB) says the new platform has been created “in close collaboration” with its clients.
Launching this September, Grow seeks to provide businesses with better cash flow, management and capital.
Bailey’s appointment will seek to assist Silverbird in “liberating cross-border trade” for SMEs.
The transaction is expected to close by Q1 2024, subject to regulatory approvals and closing conditions.
The appointments signal a shift into the next phase of UniCredit’s development.
Strands and Akbank discuss how they are working together to support SMEs with their banking needs.
With the solution, corporate clients of DBS China will be able to collect payments from their customers in e-CNY.
Christian Channell joins the cloud-native platform following a 25-year career at Goldman Sachs.
Cheqly’s services include business accounts, physical and virtual Visa cards, ACH payments and wire transfers.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Citi will initially deploy Pismo’s cloud-based core solutions in the US market.
Take a look at the 2023 Banking Tech Awards USA well-deserved winners.
Both banks laid off around 500 employees last week, according to media reports.
CreditX will enable Sathapana Bank to build “high quality” credit risk scorecards and accelerate client onboarding.
AI Markets “has been built from the ground up with user experience in mind”, HSBC says.
BKN301 Group’s long term strategy is to bring a BaaS payments solution to corporates in the MENA region.