This Week in Fintech: TFT Bi-Weekly News Roundup 19/09
The Fintech Times Bi-Weekly News Roundup on Tuesday 19 September 2023 Appointments Novatus Global, a risk and regulation consultancy and technology solution provider, announced the appointment of Bill Michael as head of strategy and member of the Board. He joins to help the firm accelerate its international expansion and continue to deliver tailored advice and […]
Visa and Swift Collaborate to Boost Cross-Border B2B Money Transfers
Visa and Swift have joined forces to streamline international business-to-business (B2B) payments. The partnership aims to strengthen connectivity between their global networks, with a focus on providing financial institutions and their clients more options for cross-border money transfers while enhancing the overall speed and transparency of such transactions. The joint effort, unveiled at the annual […]
‘Announced at Sibos 2023’: Roundup of Day One in Toronto
The financial sector’s calendar is marked by several significant events, and Sibos, organised by Swift, stands out among them. Since its inception in Brussels in 1978, the event has spanned continents, reaching cities like Amsterdam, Copenhagen, Sydney, and Boston. Toronto hosted the 2017 edition, and now Sibos is back in Canada from 18 to 21 […]
Banco Santander Launches €100million Initiative to Support Start-up Ecosystem in Spain
One of Spain’s largest banks, Banco Santander, is launching a €100million venture debt fund to support startups in the country. It is also introducing a full suite of products and services for innovative, scalable startups and companies that show growth potential. Santander plans to contribute €67million to the fund – which is being created in […]
Stripe Provides Access to >100 Payment Methods as Optimised Checkout Suite Evolved
Ensuring consumers have a seamless payment experience is key to securing loyalty. In light of this, Stripe, the financial institution for businesses has added new features to its optimised checkout suite. As a result, organisations will see a growth in their revenue. The latest developments to be added to the Stripe checkout suite include more […]
Revolut Business Tackles Business Payment Facilitation Struggles with RevTag
A recent survey by 72Point commissioned by Revolut Business, the global business super app, has found that 87 per cent of UK businesses identify payment facilitation as the biggest financial challenge currently facing their business. As a result, Revolut Business is launching ‘RevTag’, its instant and free payments ecosystem. The complications that arise when needing […]
Legal & General Investment Management Embraces Tumelo Pass-Through Voting Solution
Shareholder voting fintech Tumelo is enabling a new pass-through voting solution being offered by Legal & General Investment Management (LGIM). This makes it the first UK asset manager to embrace this level of client empowerment. The £2billion Local Government Pension Scheme (LGPS) for Camden is the first client to take advantage of the pass-through voting […]
Dubai International Financial Centre Strengthens Position as Insurance and Reinsurance hub
Dubai International Financial Centre, the financial centre in the Middle East, Africa and South Asia (MEASA) region, has revealed that the sector is on track for 20 per cent annual growth; having granted several licences to insurance and reinsurance companies in recent months. The news comes as the Dubai International Financial Centre (DIFC) looks to […]
54% of Customers Ready to Abandon Greenwashing Companies but Awareness Remains Low; Finds KPMG
Over half (54 per cent) of consumers in the UK will stop buying from a company if they were found to have been misleading in their sustainability claims, new research from KPMG has revealed. KPMG UK surveyed over 2,000 UK adults to better understand their thoughts around green and sustainable products and technologies to understand […]
Arab Fintech Forum Reveals Sponsors as it Aims to Support Financial Inclusion in the MENA Region
Mastercard, the global paytech, has officially confirmed its role as the Platinum Sponsor of the upcoming Arab Fintech Forum in Qatar. The Arab Fintech Forum is set to feature a comprehensive lineup of sessions, workshops, and networking opportunities, solidifying its reputation as an essential event for professionals in the fintech sector. As Mastercard sponsors the […]
