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Industry news

HSBC USA rolls out multi-currency wallet

The new HSBC Global Wallet has launched initially in the US, UK and Singapore, to help commercial clients ‘pay internationally like a local’.

First Direct adds transaction feature to app with Bud

Marks the integration of Bud’s data enrichment capabilities into the bank’s mobile app.

Metro Bank launches accelerator for start-ups

Metro Bank Magic Makers is a 10-week programme for early-stage companies, providing mentoring and the opportunity to test solutions.

Equinix 2019-20 Tech Trends Survey

Equinix continue to explore global IT leaders’ views on the trends, challenges and opportunities shaping businesses around the world.

Tink acquires German Open Banking technology provider

The acquisition will strengthen Tink’s presence in the DACH region.

Insight: Learning to love the Black Swan

MoneyNetint CEO Yishay Trif says the pandemic has heralded the era of remote working, prompting businesses to reach new markets and meaning that frictionless international payments are more important than ever.

Oval Money acquired by ETX Capital

Private equity firm Guru Capital, which owns ETX Capital, is also negotiating the acquisition through an associated fund of Oval Money’s Spanish regulated investment subsidiary.

Ozone launches Open Finance Hub

The new platform will help challenger banks, neo banks and EMIs deliver open APIs amid increased regulatory focus.

APP scams increasingly starting online

UK Finance has reported that £479 million was lost to APP scams in 2020 and has urged the government to widen the Online Safety Bill to cover all types of fraud.

Innovate Finance names new chair

Louise Smith, chief digital officer at Lloyd’s, will replace outgoing chair Natalie Ceeney in July this year.

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