Company Statements

HSBC UK has launched digital cheque deposits for business customers to help reduce visits to branch as social distancing measures remain in place to stop the spread of COVID-19. The bank fast-tracked plans to implement the service to enable business...

Aschheim (Munich). Wirecard, the global innovation leader for digital financial technology, is collaborating with Stocard, the leading mobile wallet and one of the largest B2C European FinTechs, to launch a new mobile payment feature in the Stocard app. The...

The Charles Schwab Corporation announced that it has completed its acquisition of the assets of USAA’s Investment Management Company and has transitioned the underlying brokerage and managed portfolio accounts to Schwab. As announced in July 2019, the companies have...

The European Banking Authority (EBA) published today a preliminary assessment of the impact of COVID-19 on the EU banking sector. With the global economy facing unprecedented challenges, banks entered the health crisis with strong capital and liquidity buffers and...

Valmark continues its rich history of innovation in the life insurance industry by expanding its toolkit for independent insurance and financial professionals. Its newest offering, the Life Insurance Fulfillment Tool (LIFT), is focused on making the process of buying...

Stripe, a company offering payment services over the internet, has announced the launch of its services in five more European countries including the Czech Republic, Romania, Bulgaria, Cyprus, and Malta. As per Stripe, the Covid-19 crisis has accelerated the shift...

Visa has facilitated the first request to pay message sent and received using Pay.UK’s standards, ahead of the anticipated commercial launch of request to pay later this year. Request to pay is a new, flexible way to settle transactions between...