Industry news
The planned business is part of a new joint venture that will see HSBC invest $35 million in business commerce platform Tradeshift.
Since April, Jan Stechele has held the chief risk officer role in an interim capacity, with Kozole appointed as a permanent replacement.
AFS will offer its bank clients across MENA Open Banking use cases and solutions via its Open Finance platform.
The Americas was the only region to grow fintech funding in the first six months of 2023, while payments fintechs secured the largest share of funding by subsector.
The airline’s customers will be able to choose to pay for flights in bi-weekly or monthly instalments.
Snoop’s chief executive officer John Natalizia called Vanquis Banking Group “the perfect partner to help the business grow”.
US-based Tifin.AI will develop AI-powered fintechs for the wealth management industry.
However, research by Neo, found that CFOs at SMEs are looking beyond traditional banks to non-banking payment solutions for their cross-border payment needs.
BNZ’s customers will be able to use the Volley app to split bills and other payments, when it launches.
InvestEngine, an ETF platform, will offer TrueLayer’s Open Banking VRPs to help more people “invest regularly and with flexibility”.
