News & Articles
7IM expands UK footprint with acquisition of Eastcote Wealth Management
Seven Investment Management (7IM) is expanding its presence in the UK with the acquisition of Solihull-based Eastcote Wealth Management for an undisclosed sum. 7IM acquires Eastcote Wealth Management With offices already established in London and Edinburgh, the...
Former Goldman Sachs director Swati Bhatia joins Santander Bank as head of retail banking and transformation
US-based Santander Bank, which operates as a wholly-owned subsidiary of Spain’s Santander Group, has appointed former Goldman Sachs director Swati Bhatia as its new head of retail banking and transformation. Santander Bank hires Swati Bhatia (Image: LinkedIn)...
US fintech Coast secures $92m in mix of equity and debt capital to fuel product development
US-based fintech Coast, which offers financial tools for fleet-operating businesses to pay for and manage their fuel and transportation spending, has secured $92 million in a mix of equity and debt capital. Coast raises $92m in equity and debt capital The company...
Is a phone charging cable the new bank card?
Like so many, I rely entirely on my phone for my wallet, communications, podcasts, and to keep up with my socials. These days, is a charging cable a potential replacement for a physical payment card? I was genuinely surprised when a friend of mine – one of the fintech...
UK regtech Encompass Corporation appoints Neil Acworth as new CISO
Encompass Corporation has named industry veteran Neil Acworth as its new chief information security officer (CISO). Neil Acworth named new CISO at Encompass The appointment, which follows Encompass’ recent acquisitions of CoorpID and Blacksmith KYC, is...
British Business Bank launches new £660m Northern Powerhouse Investment Fund II
British Business Bank (BBB), the UK government’s economic development bank, has launched the second edition of its Northern Powerhouse Investment Fund (NPIF II), aimed at fostering the growth of small and medium-sized enterprises (SMEs) across the North of England....
US wealthtech NewRetirement lands $20m in Series A funding
California-based NewRetirement, which offers a financial planning and wellness platform, has landed a $20 million investment following a Series A funding round. NewRetirement raises $20m in Series A funding The fintech says it will use the capital raised from the...
Payment security and fraud prevention take centre stage at this year’s Pay360 conference
The Pay360 conference, hosted by the Payments Association in collaboration with Mastercard, attracted sizeable numbers to the ExCel Centre in London, UK, this year to deliver a panoramic deep-dive into the most current payment trends emerging around the world. Crowds...
Human connection in the age of AI
I was waiting for a flight the other day and I heard someone saying: “We need to put some GenAI in there!” Even in the age of an AI arms race, we can still reclaim what is uniquely human: our empathy The image of Tom Cruise shouting “Show me the money” in Jerry...
New banking hub in Norfolk town ‘welcomed’
The manager of a banking hub that has opened in a Norfolk town says the service has been "well welcomed". The hub, which is temporarily being housed in the Downham Market town hall, has allowed people to withdraw and deposit money and meet with a community banker...