The digital bank now employs around 600 staff in the North East and said the move reinforces its long-term commitment to the region. The new multi-million-pound office is designed to support Atom’s hybrid working model and its pioneering four-day working week. Chief Executive Mark Mullen said: “Our move to the Pattern Shop isn’t just a…
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Set to debut in 2026, Roughrider Coin will operate on Fiserv’s digital asset platform, aiming to modernise interbank transactions, enhance global payments, and encourage merchant adoption across the state. The coin will be accessible to North Dakota’s banks and credit unions, helping them navigate what officials described as a “new financial frontier.” “As one of…
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The investment marks a major move in PayPay’s evolution from a cashless payments app into a broader digital financial platform. The two companies plan to integrate services that will allow users to buy cryptocurrencies directly within the Binance app using PayPay Money, and to withdraw funds back into PayPay accounts. The collaboration aims to combine…
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HSBC currently owns about 63% of Hang Seng and plans to acquire the remaining shares at HK$155 per share, representing a 33% premium over the bank’s 30-day average price of HK$116.50. If approved, Hang Seng would become a wholly owned subsidiary of HSBC Asia Pacific and be delisted from the Hong Kong Stock Exchange. “Our…
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Pedro Rodeia joins as Group Executive, Australia Retail; Christine Palmer becomes Group Chief Risk Officer; and Donald Patra assumes the role of Group Chief Information Officer. All three will report to Chief Executive Officer Nuno Matos. “I am very pleased to appoint three world-class executives to these critical roles,” Matos said. “The deep experience they…
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The acquired firm will be renamed Mitrade Markets Pty Ltd, marking Mitrade’s fifth licence globally. The move strengthens Mitrade’s long-term growth strategy across Africa, the Middle East, and Latin America, as it seeks to capture rising retail participation in emerging markets. Mitrade noted that trading activity in regions such as MENA and LATAM has been…
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The company said the integration consolidates Finalto’s previously fragmented compliance tools into a single platform, designed to improve the detection of suspicious activity, enhance reporting accuracy, and streamline compliance operations. The system will also strengthen Finalto’s adherence to MiFID II regulations, while reducing the operational workload for its compliance teams. Finalto said its decision was…
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The company explained that the move enables global businesses to send, receive and convert pesos without routing through the U.S. dollar, reducing transaction fees by up to 90 percent and settlement times from days to under an hour. Despite being Latin America’s third-largest economy, Colombia’s foreign exchange market has long been hampered by inefficiencies and…
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The service, unveiled in San Jose, gives small merchants the ability to host and manage digital ads directly through their PayPal Merchant Portal, creating new income streams at no upfront cost. PayPal said businesses can integrate an SDK within minutes and start earning ad revenue from non-competing brands. “Small businesses are the backbone of our…
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Hoornweg, who previously served as Co-Head of CIB, will continue overseeing markets in the Americas, Europe, Africa and the Middle East. Oversight of ASEAN and South Asia will transition to Judy Hsu, who will retain her roles as CEO of Wealth and Retail Banking and Head of Greater China and North Asia. Hoornweg has over…
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