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Author : David Smith
About David Smith PRO INVESTOR
An English journalist who, when he's not exploring the social consequences of political actions, likes to write about cricket for some light relief.
Stories by the author
NatWest has tapped StoneX to boost its international payment capabilities
One of the major UK banks, NatWest, recently tapped StoneX to improve its cross-border payments capabilities. In addition, with StoneX at its side, NatWest will be able to provide...
Canada’s RTR payments system won’t be ready to launch until at least 2026
Canada has been waiting for the launch of the new Real-Time Rail (RTR) payments system for a while now, but it appears that the arrival of the new solution...
Barclays data reveals a 29% increase in investment scams in 2023
A recent report published by the UK bank Barclays revealed that the financial world saw an increase of 29% in investment scams conducted last year. The scams have hit...
The UK’s CFIT is building open finance solutions for providing financial advice and assessing SME loans
The United Kingdom's Centre for Finance, Innovation, and Technology (CFIT) recently revealed that it is working on building two open finance applications. These will focus on two goals —...
Five Arrows Emerges As The New Owner Of Rimes
EQT and its co-stakeholders have approved the sale of Rimes to Five Arrows, in a transaction that, as per reports, evaluates the data entity at about €800 million to...
Empower Secures Purchase of Petal in the Credit Fintech Sector
Empower Finance has revealed its plans to acquire the US-based credit card fintech Petal, which offers alternative financial products and credit underwriting for underserved users in Mexico and the...
EBA Clearing Sets Stage For Verification OF Payee Solution
EBA Clearing is planning to launch a continent-wide Verification of Payee solution before the year concludes. The feature will be ready by December. It will assist payment service providers...
European Central Bank Plans DLT Trials for Wholesale Central Bank Money Settlement
The European Central Bank has collaborated with various investors for exploratory work, aiming to distribute ledger expertise to resolve wholesale transactions within the central bank money. The initial wave...
STG Partners Acquires London-Listed Gresham For £146.7 million
Gresham Technologies, a London-based financial technology company, has agreed to be acquired by a private equity firm in a cash transaction valued at £146.7 million. Gresham's board has given...
Google Cloud Announces Its Major Financial Service Deals
Google Cloud has shared information regarding its collaborations with major financial services - Discover, Scotiabank, and Citadel Securities. This was during its once-in-a-year Las Vegas event. Prominent market maker...