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Revolut has drafted in Francesca Carlesi, a fintech founder and former Deutsche Bank and Barclays executive, as its new UK chief executive as it continues its long quest for a banking licence.
02 November 2023
Just months after announcing a hiring spree, cloud-native core banking vendor Thought Machine is laying off around eight per cent of its workforce.
30 October 2023
Irish high street bank AIB has admitted to a glitch in its online banking service after it was highlighted by newspaper The Irish Independent.
BNPL giant Klarna is facing a possible strike by employees at its Swedish headquarters next month.
27 October 2023
Metro Bank has held a series of tech workshops for primary school children from the most deprived parts of London.
24 October 2023
Fintech grandee Ron Kalifa has joined Brookfield Asset Management as vice chair and head of financial infrastructure investments.
23 October 2023
BBVA is combining its three tech firms into one new company, called BBVA Technology, which will house 3000 employees and offer a more "strategic focus", says the Spanish bank.
The Depository Trust & Clearing Corporation (DTCC) has agreed to buy blockchain-based fintech Securrency. Financial terms were not disclosed.
19 October 2023
Open banking platform Plaid has hired former Expedia executive Eric Hart as its first chief financial officer, filling a critical role ahead of an anticipated IPO.
18 October 2023
It is "nearly unavoidable" that AI will trigger a financial crisis within the decade unless regulators step in, says Securities and Exchange Commission head Gary Gensler.
16 October 2023
American investing app Stash has raised $40 million in financing led by T Rowe Price. The firm has also appointed former Nyse CFO Amy Butte as independent audit chair.
Tradeshift, a Danish fintech heavily backed by HSBC, has fired its CEO over "serious allegations of sexual assault and harassment".
12 October 2023
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