RTGS.global appoints Jarrad Hubble as permanent CEO
Hubble was named interim CEO in February this year, taking over from Dave Sissens.
Clearing & Settlement
News, intelligence and resources on the global fintech industry including topics such as clearing and settlement.
The future is FedNow: how the new RTP service is aiming to future-proof US payments
FedNow has the potential to drive innovation, broaden financial inclusion and improve cash flow.
P27 Nordic Payments withdraws clearing licence application, leaving the project’s future unclear
P27 says “new requirements and regulations” have challenged its operating model.
ClearBank names former PayPal exec as new chief product officer
Spiros Theodossiou joins from cloud accounting platform Dext, where he also served as CPO.
Digital Currency Monetary Authority launches international CBDC
The Universal Monetary Unit (UMU) is designed to enforce banking regulations.
ClearBank sees income nearly triple to £58m in 2022
UK-based ClearBank is plotting its European expansion and expects to remain profitable through 2023.
How fintech can reshape global trade and the supply chain
Fintech innovations combined with 5G advancements could completely transform the way we conduct trade.
Blockchain trade finance firm Marco Polo reportedly enters insolvency
According to The Irish Times, the firm’s liabilities have outstripped its assets by €2.5 million ($2.6m).
RTGS.global CEO Dave Sissens steps down, Jarrad Hubble appointed interim CEO
Hubble joined RTGS in April last year as its chief commercial officer.
The Bank of London bags $40m in Series C extension
The round was co-led by Mangrove Capital Partners and 14W Venture Capital.
ClearBank names new CFO, Mark Fairless
Fairless joins ClearBank from savings and investment firm M&G.
The Clearing House appoints David Watson as CEO
Watson joins The Clearing House from Swift, and will take up the new role from 1 February 2023.
Cboe Clear Europe hires Vikesh Patel as president
Patel joins from interbank cooperative Swift, where he was most recently head of securities.
The Bank of London names Gavin Hewitt as new chief financial officer
Hewitt will lead the firm’s accounting, finance and corporate treasury operations.
The Bank of London names former Metro Bank exec Marc Jenkins as new UK CFO
Jenkins will be responsible for “all accounting, finance and corporate treasury” at the bank.
Three tips for navigating global payments as you expand internationally
Branching into new markets brings serious challenges when it comes to managing payments on a global scale.
The Bank of London hires new group CTO and group CISO, Phil Knight
Knight will oversee the firm’s technology, IT operations and information security.
US banking sector launches digital asset settlement proof of concept
US banking heavyweights will explore the feasibility of a DLT-powered interoperable digital money platform.
FinTech Futures: Top five stories of the week – 4 November 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
RBI launches pilot for digital rupee wholesale CBDC
The use case of this pilot is the “settlement of secondary market transactions in government securities”, RBI says.
The innovation failure
Understanding why innovation fails helps us innovate in a way to minimise the risk of failure.
Sibos 2022: A problem defined is a problem solved – untangling ESG data
With a range of taxonomies, sources and utilities, ESG data is still some way from being standardised.
Sibos 2022: No bank is an island – joining up digital currencies
At Sibos 2022, senior bankers discussed the importance of interoperability between payment systems old and new.
FinovateFall 2022: Q&A with Ripple’s James Wallis on CBDCs, crypto and blockchain
We chat with Ripple’s James Wallis about the rise of CBDCs and the future of blockchain.
Fraud prevention and compliance fintech Sardine nets $51.5m Series B
Sardine boasts a client list of over 135 companies including FTX, Blockchain.com and WealthSimple.
ClearBank hires Andrew Barker as new chief revenue officer
Barker brings more than 25 years’ worth of experience in the technology space to the role.
ICMA names Georgina Jarratt as head of fintech and digitalisation
Jarratt has 30 years’ worth of experience across financial services, telco and utilities.
Kani Payments appoints Dan Clappison as COO to boost expansion
Clappison joins from Virgin Money, having also previously worked at TSYS and Newcastle Building Society.
Momentum Metropolitan taps Duco for no-code data automation solution
Momentum went live with Duco’s platform as part of a wider data automation strategy.
Himalaya Exchange CEO Jesse Brown on weathering the crypto winter
FinTech Futures speaks with Himalaya Exchange CEO Jesse Brown about the future of crypto.
Japan’s Iyo Bank picks DTCC to automate post-trade services
Iyo Bank has tapped DTCC to achieve “no touch” post-trade processing for equities and fixed income transactions.
DTCC launches DLT-powered settlement platform Project Ion
The new platform leverages R3’s Corda DLT software.
Payments veteran Steve Ledford retires, leaves The Clearing House
The self-described “payments nerd” says he is leaving the payments industry after 41 years.
BNP Paribas partners fintechs to develop digital asset custody offering
The new combined solution will allow clients to issue, transfer and securely keep regulated digital assets.
The Bank of London hires new co-president and group chief product officer
Tam Holmes joins from 10x Banking where he spent five years.
The next frontier in global payments goes beyond borders
Payments will become more inclusive to both consumers and merchants.
The Bank of London invests in Belfast and creates over 200 new jobs
The Bank of London says it is making a “multi-million pound” investment in Belfast.
FinTech Futures: Top five stories of the week – 17 June 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
NatWest, Citi, Barclays trial Finteum intraday FX swap and repo platform
Given the rising interest rate environment, liquidity optimisation is a high priority, Finteum says.
FinovateSpring 2022: Q&A with JP Morgan’s Ray Nazloomian
Ray Nazloomian of JP Morgan gives his views on the future of the payments industry.
