HSBC UK Ventures Into Point-of-Sale Financing Market
HSBC is making its entry into the UK buy now, pay later market with the launch of Flexipay, a new point-of-sale finance product. The bank...
Ex-TSB CEO Pester Appointed Chair of Wealthtech Startup Firenze
Former TSB and Virgin Money chief Paul Pester has been appointed chair at Firenze, a Manchester-based embedded finance startup that assists wealth managers in providing...
FDIC to Enhance Custodial Deposit Regulations in Wake of Synapse Collapse
In the aftermath of the collapse of fintech company Synapse, a U.S. regulator has announced plans to enhance recordkeeping requirements for bank deposits that third-party...
Macquarie Asset Management to Settle SEC Fraud Charges for Nearly $80 Million
Macquarie Investment Management Business Trust (MIMBT), a registered investment advisor under Macquarie Asset Management, has agreed to a settlement of $79.8 million with the US...
UK Foreign Secretary Commits to Prioritizing Nature and Climate Funding
In a speech at Kew Gardens on Monday, UK Foreign Secretary David Lammy addressed the government's plans to realign its priorities towards green initiatives and...
Effective Business Continuity Begins with Strategic Planning
A series of challenging questions confronted attendees at AFP in Nashville, Tennessee, prior to the keynote address by Malcolm Gladwell, who explored significant themes from...
Cardless Secures $30 Million in Funding for Its Embedded Credit Card Platform
Embedded credit card platform Cardless has successfully raised $30 million in growth equity funding. Since the beginning of 2023, Cardless has achieved remarkable 10x revenue...
Lithuanian Fintech Company Kevin Declares Insolvency
According to a spokesperson for the Vilnius District Court, the insolvency call was made after evaluating the company's financial data and determining that Kevin was...
On-Chain Privacy: Essential for Realizing Blockchain’s Full Potential
On-chain privacy and advancements in identity management are seen as essential for realizing the potential of blockchain technology and asset tokenisation in financial markets, as...
UK Government Targets Late Payments Legislation
A new Fair Payment Code has been introduced by the UK government to address the issue of late payments affecting SMEs. This code will replace...