The former CEO of Barclays is now chairing TikTok challenger Triller. As the Financial Times (FT) reported Saturday (April 27), Bob Diamond has been chairing Triller owner AGBA since September and will serve in that capacity at the video-and-music-focused social media startup as well. According to the report, Triller claims to...
Metro Bank has appointed Barclays veteran Marc Page as chief financial officer. Page will join the U.K. bank and its board Sept. 2, subject to regulatory approval, Metro Bank said in a Thursday (Feb. 29) press release. In the meantime, Cristina Alba Ochoa will continue to act as the bank’s interim CFO, according...
Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, unsecured personal loans, deposits and operating infrastructure. The acquisition of Tesco Bank will be carried out by Barclays UK, the companies said in a Friday (Feb. 9) press release....
Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. The British lender also plans to create 830 new jobs for its “relationship growth” team to understand customers’ financial aims and offer services at branches, via video meetings and over the phone, a Lloyds spokesperson...
October 04, 2021
The chain of data protection – keeping the most sensitive information out of the hands of hackers and other bad actors – is only as strong as its weakest link. In the age of open banking, where data access can be broad indeed – where consumers grant permission, and traditional financial institutions (FIs) give access […]
January 12, 2021
Historically, corporate travel and expense (T&E) management has been viewed as an entirely separate function from other B2B payment workflows. With employees seeking to use company cash in the same...
November 11, 2020
Domestic B2B payments are complicated enough, but making these payments across international borders is a whole other challenge. Companies that rely on cross-border B2B payments may not have to deal...
August 06, 2018
Ironically, as the global economy has gotten stronger, payment cycles between buyers and suppliers have gotten longer. What was once an average of about 45 days from invoice to payment has increased...
April 30, 2024
Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance of the cards, the latest in its long-term project to move away from consumer lending, the Wall Street Journal (WSJ) reported Tuesday (April 30). Barclays is the top contender to […]
April 28, 2024
The former CEO of Barclays is now chairing TikTok challenger Triller. As the Financial Times (FT) reported Saturday (April 27), Bob Diamond has been chairing Triller owner AGBA since September and will serve in that...
February 29, 2024
Metro Bank has appointed Barclays veteran Marc Page as chief financial officer. Page will join the U.K. bank and its board Sept. 2, subject to regulatory approval, Metro Bank said in a Thursday (Feb. 29) press...
February 09, 2024
Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, unsecured personal loans, deposits and operating infrastructure. The acquisition of Tesco Bank will be...
