Human resources

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Cloud, the Critical Component to Power New Business Models

/Human resources

Cloud, the Critical Component to Power New Business Models

395 downloads

ISO 20022: How banks can avoid becoming a cautionary tale

/Human resources

ISO 20022: How banks can avoid becoming a cautionary tale

604 downloads

/Human resources

Employment Hero soars to unicorn status with new funding and acquires KeyPay

All-in-one HR, payroll and benefits platform, Employment Hero, today announced it has closed a £96 million funding round, led by return investor SEEK Investments with participation from OneVentures, AirTree Ventures and other shareholders.

Plum prepares US stock investing product launch

/retail

Plum prepares US stock investing product launch

European money management app Plum plans to launch a product for users to invest in US stocks in Q1 this year, adding EU and UK stocks, and crypto assets later in 2022.

/people

Skilling hires former Oanda CMO

Skilling, a high-growth fintech company focused on CFD trading, has announced the appointment of David Hodge as Chief Marketing Officer as part of its global expansion strategy following an incredibly successful trading year.

Monzo offers staff three months’ paid leave

/people

Monzo offers staff three months’ paid leave

Monzo intends to revamp employee work-life balance by ensuring staff that have worked for the digital bank for over four years are eligible for sabbaticals lasting three months.

/startups

Techstars London welcomes new managing director

Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customised programming for early-stage entrepreneurs, has announced the appointment of Saalim Chowdhury as Managing Director of Techstars London. He follows predecessor Eamonn Carey.

/people

Wise offers staffers 18 weeks paid parental leave

At Wise, we believe that rewarding people should be simple, transparent and fair for everyone, everywhere. That’s why, from January 2022, we’ve introduced a new minimum standard for global leave policies in all our locations.

/people

Credit Suisse Group chairman Horta-Osório resigns after breaking Covid-19 rules

Credit Suisse Group today announced that the Board of Directors (Board) has appointed Axel P. Lehmann as the bank’s new Chairman effective immediately. He succeeds António Horta-Osório, who resigned following an investigation commissioned by the Board. Under the leadership of Axel Lehmann, the Board and the Executive Board will continue to execute Credit Suisse’s strategy, driving forward the transformation of the bank.

Starling pulls Facebook advertising; preps SaaS offering

/predictions

Starling pulls Facebook advertising; preps SaaS offering

Starling CEO Anne Boden says the bank has pulled all paid advertising on Facebook and Instagram until Meta tackles fraudsters advertising on its platforms. In her annual letter, Boden also confirms the planned launch of a Software as a Service (SaaS) proposition during 2022.

/people

Tiku Patel joins Tesco Bank board

Tesco Bank has today unveiled its board's new independent non-executive director, Tiku Patel – CEO of private equity owned technology and analytics driven motor finance provider, Blue Motor Finance.

/retail

ING to exit retail banking in France

ING announced today that it will leave the Retail Banking market in France. This decision is the outcome of the strategic review that was announced in June 2021. As announced in June, ING’s Wholesale Banking activities in France will be continued, with a focus on strengthening our position and the ambition to be the go-to-bank for sustainable finance.

/people

Wombat appoints ex-Revolut director to advisory board

Chad West joins Micro-investing platform Wombat as it prepares for European expansion and the launch of new products and features in 2022.

UK tech sector enjoys best year on record

/startups

UK tech sector enjoys best year on record

In terms of venture capital (VC) investment, the number of jobs, and the rate of unicorns emerging, 2021 has been the UK technology sector’s best year yet, says research from the Digital Economy Council.

/people

Checkout.com taps Meron Colbeci as new chief product officer

LONDON —DECEMBER 17, 2021—As part of its continued drive to innovate across its global payments processing platform, Checkout.com today announced the appointment of Meron Colbeci as its chief product officer.

Wise replaces chair with ex-Netflix CFO

/people

Wise replaces chair with ex-Netflix CFO

Money transfer app Wise has named David Wells, the former CFO of Netflix, as the chairman of its board of directors.

63% of SME leaders feel lonely in role – Starling Bank

/people

63% of SME leaders feel lonely in role – Starling Bank

Research by Starling Bank has found that despite growth and record investment planned for 2022, small business owners struggle with loneliness, creativity and ideation.

/startups

Mollie opens fintech Centre of Excellence in Maastricht

Mollie, one of the fastest-growing payment service providers in Europe, today announced it will be opening a new fintech Centre of Excellence in the city of Maastricht, Netherlands. The centre will be an extension of Mollie’s headquarters in Amsterdam, allowing the business to scale and drive growth for its 125,000+ merchant clients. The Maastricht fintech Centre of Excellence will house new employees sitting across a wide range of departments including development, operations and customer experience. The launch follows the company’s 665 million Euro Series C funding round led by Blackstone Growth, announced in June, which made Mollie one of the most valuable privately held fintechs in Europe.

/crypto

Okcoin commits $1 million to boost inclusivity in crypto

SAN FRANCISCO, December 2, 2021 – Okcoin, one of the world’s fastest-growing cryptocurrency platforms, today announced that it is kicking off the next phase of its mission to make the crypto industry more inclusive through the launch of a $1 million commitment to bring more women into crypto. Okcoin also announced the inaugural member of its brand advisory council, Randi Zuckerberg, whose primary focus will be to advise the company on inclusivity initiatives and reach the goal of a 50% female customer base by 2025.

/security

FCA poured £5 million into laptops for hybrid working

The Financial Conduct Authority (FCA) has spent over £5 million on new laptops and mobile phones to support remote working, according to official figures. The data, which was obtained using Freedom of Information (FOI) legislation, and analysed by the Parliament Street think tank, gives an insight into how the financial watchdog is assisting staff with hybrid working.

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