Wise UK Urges Transparency in Exchange Rates as £180Billion Hidden Fees Revealed
UK banks should be ‘more transparent’ about their exchange rates says international money transfer company Wise UK as it reveals a ‘widespread use of hidden fees’. According to research commissioned by Wise and independently conducted by Edgar, Dunn and Company, consumers lost £180billion globally in a single year to hidden fees, as banks profit from consumer […]
Standard Chartered’s SC Ventures Embraces Abu Dhabi’s Fintech Momentum with New Office
SC Ventures, the innovation and fintech investment arm of Standard Chartered, plans to open an office in Abu Dhabi Global Market (ADGM) in response to the booming tech ecosystem in the UAE. This strategic move is aimed at actively harnessing opportunities in fintech, digital assets, data, and local talent, all within the growing technology and […]
Enhanced Transparency: FRC’s Overhaul of UK Corporate Governance Code
UK businesses will need to meet new standards following the Financial Reporting Council (FRC)’s “small but important” revisions to the UK Corporate Governance Code. The UK Corporate Governance Code is a set of guidelines and standards that provide recommendations on corporate governance practices for UK-listed companies, aimed at ensuring transparency, accountability and responsible management within […]
Rising Travel Demand Fuels Rising Fraud: How Payment Tech Helps Airlines Fight Back
A surge in online fraud has become a pressing issue for the airline industry, resulting in substantial financial losses for carriers worldwide. Here Tom Randklev, global head of product at payment orchestration company CellPoint Digital, explores strategies for airlines to safeguard their revenue and combat fraud amid increasing travel demand. Tom Randklev, global head of product […]
Behind the Wheels: The Payments Association Drives to Poland to Support Ukraine
The Payments Association, the community promoting innovation and collaboration in the payments industry, is gearing up for a charitable journey this month to support the survival and development of Ukrainian citizens. From 26 to 28 January 2024, Tony Craddock, director general, and David Hunter, chairman, at The Payments Association, will join a convoy of vehicles […]
Cayman Islands Celebrates EU’s Decision to Remove It from AML/CFT Blacklist
The European Union’s (EU) decision to remove the Cayman Islands from its list of high-risk third countries dealing with anti-money laundering and countering the financing of terrorism (AML/CFT) deficiencies has sparked praise for its potential to significantly broaden investor choices and fuel innovation. The Cayman Islands will be removed from the EU’s black list on […]
FinTech Connect 2023: Watch TFT Video Interviews
FinTech Connect returned for its 10th edition at the ExCel in London in December for a two day conference that bought a year in fintech to a close. The popular ecosystem show saw more than 3,000 global thought leaders explore the challenges and opportunities within the fintech space. FinTech Connect spanned four key verticals: digital experience, […]
Netflix Has Its Own Tough Act to Follow
The streamer has the advantage over rivals, but its surging stock price has set expectations high.Read More
Votes for Sale! A Startup Lets Shareholders Sell Their Proxies
Backers say the setup can help ordinary investors get cash for voting rights they are unlikely to use, but critics worry the practice is rife with the potential for abuse.Read More
Investor Threatens to Take Macy’s Offer to Shareholders
Arkhouse says it will take all “necessary steps” to strike a deal for the famed department-store owner if talks fail to yield an agreement.Read More
