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Atom has appointed Rebecca Cartwright as the bank’s new Chief Risk Officer, replacing Chris Sparks, who is retiring after almost 7 years at the app-based bank.
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New data on the ‘subscription economy’ shows that non-traditional sign-up products and services are likely to fuel the next wave of subscriptions. Barclaycard Payments – which processes £1 in every £3 spent on credit and debit cards in the UK – found that over two thirds (68 per cent) of businesses that currently offer subscriptions will expand their portfolios before the end of 2022.
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Cloud-native platform Temenos has amplified their partnership with Wipro to support banks of all sizes speed up their modernisation journeys and expand go-to-market strategies in regions such as the UK, US, and Australia,
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TrueLayer, Europe’s leading open banking platform, today announced the availability of TrueLayer Payments for WooCommerce plugin, enabling ecommerce SMBs to seamlessly add instant, secure account-to-account payments to their website. Luxury watch retailer BQ Watches is one of the first businesses to implement payments powered by TrueLayer using the plugin.
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Singapore headquartered equity management firm Qapita, today announced that it has completed the 100% acquisition of India-based ESOP Direct in a full cash transaction. This will see Qapita secure full ownership of ESOP Direct’s operating entities from its shareholders. With this acquisition, Qapita will become a market leader in this region catering to both listed and unlisted clients, expanding its customer base in India and Southeast Asia to more than 1,200 customers. The combined entity will also manage more than US$ 12 billion in Employee Stock Option Plans (ESOPs), managing more than 130,000 employee owners.
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