FSTech

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Currencies Direct hires chief payments officer

Currencies Direct has appointed Pedro Batista as chief payments officer. The newly created role will see him lead the organisation’s payments strategy, managing banking relationships and the delivery of new payment solutions.

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FCA fines this year up six times on 2018 level

The Financial Conduct Authority (FCA) has so far charged firms £391 million in 2019, up from £60 million during 2018. This year’s figure is the highest since 2015, when the regulator fined firms £905 million.

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Token spins-out digital money solution M10

Token.io has launched M10 Networks, a new spin-out company focused on developing digital money solutions. Token will continue to consolidate its Open Banking infrastructure, while M10 will focus on building out a digital money rail to help multinational banks perform…

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CDOs ‘have key impact in digital transformation’

Contrary to a widespread belief that the chief digital officer (CDO) position has a short shelf-life, an overwhelming majority of business and IT professionals participating in a new survey saw their organisation’s CDO as champion for achieving digital transformation and…

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NatWest updates app with money management features

Customers using the NatWest app will now be able to see where their money is going with the new ‘spending’ tab which will show categorised outgoings from their current account. The app already shows customers all of their accounts in…

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Nets trials face payments in Copenhagen

Nets has launched a pilot programme testing facial recognition as a payment method. Around 1,000 people – all working at Vibenshuset, an office community of 25 companies in Copenhagen – can now sign up to participate in the pilot. By…