Tag: banking
PSR delivers update on progress of New Payments Architecture
The UK's Payment Systems Regulator (PSR) has outlined its plans for the New Payments Architecture (NPA) program, aiming to enhance interbank payments and consolidate...
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...
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...
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...
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...