HSBC appoints two new senior execs to its Global Payments unit
UK banking giant HSBC has hired two new senior executives, Martijn Stoker as global head of GPS, liquidity, and investment solutions, and Melissa Tuozzolo...
FCA to permanently launch Digital Sandbox next month
The UK's Financial Conduct Authority (FCA) is permanently launching its Digital Sandbox, offering a testing environment to support early-stage development of financial products and...
Fintechs call on UK government to put an end to hidden fees in cross-border payments
A group of 15 fintech companies, including Wise, Monzo, Revolut, and Klarna, have written an open letter to UK chancellor Jeremy Hunt, urging the...
Amazon set to roll out palm payment processing across all US Whole Foods stores
Amazon's palm payment technology, Amazon One, will be deployed in all Whole Foods Market stores across the US by the end of the year.
Facts...
UK challenger Atom Bank records first ever annual operating profit
UK digital challenger Atom Bank has achieved its first annual operating profit of £4 million in FY23, attributing its success to a strong customer...
Bain Capital buys majority stake in India’s Adani Capital, invests $120m to boost growth
US-based private investment firm Bain Capital will acquire a 90% stake in India's Adani Capital and Adani Housing, bolstering the non-banking financial institution's growth...
JP Morgan CEO confirms German expansion for Chase digital bank
JP Morgan Chase CEO Jamie Dimon confirms that the digital bank Chase will expand into Germany and other European countries, following its successful debut...
ila Bank taps Arab Financial Services for prepaid card offering
Arab Financial Services (AFS) has collaborated with ila Bank, a Bahraini digital mobile-only bank, to introduce a prepaid card offering. The card allows users...
Lloyds Banking Group customers can now lease a car via mobile app
Lloyds Banking Group has introduced a new feature that enables customers of Lloyds Bank, Halifax, and Bank of Scotland to lease a car through...
