June 10, 2022

https://ift.tt/WCSK8rs André Casterman, CMO, Intix, speaks at EBAday 2022 in Vienna about the challenges banks face around payment transaction data, how technology helps face these hurdles and Intix’s position with regards to the trends in European payments. Sponsored | what does this mean? This content has been created by the Finextra editorial team with inputs

https://ift.tt/nMZQm8d Sulabh Agarwal, Managing Director, Global Payments Lead, Accenture speaks at EBAday 2022 about how payments is primed to grow due to innovation, changing consumer behaviour, and a surge in payments fintech funding. We discuss how incumbent payments providers are struggling to capitalize on trends and innovations as rapidly as they’d like, and how can

https://ift.tt/He6WOwp During Money 20/20 Europe, Finextra sat down with David Birch, global ambassador for Consult Hyperion and non-executive director at DIGISEQ, to discuss some of the evolving trends in digital identity, and the significance of DIGISEQ’s funding news really means for the company. Please provide some background on DIGISEQ and its latest news around funding

https://ift.tt/xnPpCDM During an internal “All Hands” meeting on Thursday the 9th of June, the challenger stockbroking app Freetrade announced that it would be implementing redundancies for up to 15% of its staff. Freetrade today confirmed that it is looking to make up to 15% of staff redundant. A spokesperson from the app stated: “This is

https://ift.tt/Ehue9nD Cashplus Bank, the leading fintech bank for UK small businesses, today becomes the first UK bank to launch a Mastercard-powered Digital Health Check tool for SMEs. The Digital Health Check, which will be available to the public for free, provides a multi-response questionnaire intended to evaluate their capability to seize opportunities in business world

https://ift.tt/5cExANy US Senator and Democratic chair of the Senate Banking Committee this week requested that the Financial Stability Oversight Council (FSOC) examine financial institutions’ use of consumer data, and the risks they pose to US financial stability. In the letter sent by the Senator to Treasury Secretary Janet Yellen, Brown requested that the Council assess

https://ift.tt/zAr9SEt Tuum, the next-generation core banking platform, has today announced that it has appointed Sergei Anikin as CEO. Anikin joins the company from Pipedrive, the global, sales-first CRM and revenue platform, where he was CTO and Co-CEO, steering the company from 25 employees to over 900 worldwide. He succeeds Vilve Vene, who co-founded Tuum in

https://ift.tt/iV0aY54 Shore United Bank, BCB Bank and First Guaranty Bank are among the new entrants Community Banking Feature3 Feature Bank Performance Financial Services

https://ift.tt/diMQhz8 Data revealed credit unions have “continued to perform well” so far this year Community Banking Feature3 Feature The Economy Consumer Credit Financial Services

https://ift.tt/pXtbDGQ The Lummis-Gillibrand Act aims to bring clear regulation on digital assets Compliance Duties Feature3 Feature Blockchain Bitcoin Cryptocurrency Compliance Management Compliance/Regulatory Financial Services

https://ift.tt/TLwt4c0 One Equity Partners has renamed the online service provider after the purchase Payments Management Feature M&A Feature3 Digital Online Mobile Tech Management Cards Financial Services

https://ift.tt/pUDoq9y Consumer survey shows that banks’ digital channels are not providing the level of service that their clients expect Retail Banking Financial Trends Financial Research Feature Feature3 Digital Mobile Online Cards Tech Management Customers Branch Technology/ATMs Financial Services

https://ift.tt/MunWdOb The bank has made a $50,000 donation to local homeless charity as part of the office move Community Banking Management Feature M&A Feature3 Inclusion Impact Investing Human Rights People Diversity Financial Services

https://ift.tt/s8jclDz Criminals are constantly adapting and devising new ways to evade safety and security measures meant to prevent illicit activities Compliance Risk Management Feature3 Feature Security Compliance Management Operational Risk Compliance/Regulatory Cyberfraud/ID Theft Consumer Compliance Cybersecurity BSA/AML AML & Fraud Financial Services

https://ift.tt/Gsz3vc2 Sandy Spring Insurance Corporation sold to Hub International for undisclosed amount amid staff promotions Management Feature M&A Lines of Business Feature3 Financial Services

https://ift.tt/QkOj8J3 A warning from the head of America’s largest bank, JPMorgan Chase Risk Management Feature Feature3 The Economy Bank Performance Financial Research Financial Trends Retail Banking Management Duties Lines of Business Financial Services

https://ift.tt/JDN47XU Source: Silicon Valley Bank Silicon Valley Bank, the financial partner of the innovation economy, has provided a $22.5 million debt financing package to Keepit in partnership with Vaekstfonden. The fresh capital will help fuel further international expansion, hiring, and product development as it continues to scale and build out its market-leading platform for SaaS

https://ift.tt/odYI5gJ Ronne Froman-Blue, the retired US Navy Rear Admiral, has joined TradeSun’s Board of Directors to support and steer the company in its mission to fight financial crime in trade. Ronne’s impressive and decorated career with the Navy spans more than 30 years. She held senior positions, serving as the first female Commander of the

https://ift.tt/w4mvbyn Equifax, one of the UK’s big three credit reference agencies, is today unveiling a new partnership with fintech Paylink Solutions to automate its digital affordability solution using Open Banking data and APIs. Paylink Solutions delivers technology across the financial services and utilities sectors. Its digital affordability application is used by some of the UK’s

https://ift.tt/w4mvbyn Equifax, one of the UK’s big three credit reference agencies, is today unveiling a new partnership with fintech Paylink Solutions to automate its digital affordability solution using Open Banking data and APIs. Paylink Solutions delivers technology across the financial services and utilities sectors. Its digital affordability application is used by some of the UK’s

https://ift.tt/vSmPzRA Wirex, a leading crypto payments company, has made their recently launched non-custodial wallet more accessible to APAC users after releasing a new payment method. The addition of instant bank transfers and local payment systems for Indonesian and Malaysia customers to purchase crypto on the app will make the Wallet easier than ever to use.

https://ift.tt/ZtqsuTA Companies in the UK can use US bank details to accept payment from US customers with no fees via Revolut Business. Revolut, the global financial superapp with more than 500,000 business customers worldwide, has today launched new fee-free USD transfers to the UK. Revolut has moved one step closer to borderless accounts by offering

https://ift.tt/hcUGejd Hyper-personalisation is receiving significant attention from financial services at present. Yet expansion into new niches which businesses haven’t fully understood poses new risks, and, as explored by Money 20/20 Europe’s panel session, ‘Hyper-personalisation in a data-driven world’, this can have severe impacts across an entire business model. Babs Ogundeyi, CEO at Kuda, advised: “The

https://ift.tt/gYHIQtB The final day of Money 20/20 Europe opened with a topic hot on everyone’s minds, with the session titled ‘what’s next for buy now pay later (BNPL)?’ As the UK and other governments have started dipping their toes into regulating this form of credit, this panel discussed what needs to be done make this

https://ift.tt/VuHCBM1 Superyachts seized, banks sanctioned, and assets frozen. The Ukrainian conflict has shone a light on a problem bubbling under the surface for many years: Russian money laundering. The wealth of Russian oligarchs is nothing new. London even has a ‘Red Square’ of real estate primarily owned by Russian billionaires. However, as each new sanction

https://ift.tt/IDbhPiH Friday:• At 8:30 AM ET, The Consumer Price Index for May from the BLS. The consensus is for 0.7% increase in CPI, and a 0.5% increase in core CPI. • At 10:00 AM, University of Michigan’s Consumer sentiment index (Preliminary for June). On COVID (focus on hospitalizations and deaths): COVID Metrics   Now WeekAgo