Tag : Barclays

wefox Secures $110m With $55m Credit Facility From J.P. Morgan and Barclays
InsurTech News

wefox Secures $110m With $55 Million Credit Facility From J.P. Morgan and Barclays

Business Wire
by Business Wire0
wefox raises a total of US$110m J.P. Morgan and Barclays provides $55m in a revolving credit facility Additional $55m in equity was raised from existing and new investors as a second closing of the Series D from new and existing investors at $4.5bn valuation New funding underlines strength of wefox......
Featured Fintech Fintech Primers

How To Protect Your Funds?

Pooja Choudhary
by Pooja Choudhary0
Why Safeguard Funds? The Financial Conduct Authority (FCA) implemented the Electronic Money Regulations (EMRs) in 2011, which stipulated that a fintech is required to identify clients’ funds and safeguard them apparently. It allows a third party to distribute the funds in an extraordinary event (like- insolvency) and thereby, effectively ringfences......
Banking Markets News Technology

Barclays Launches Semi-Permanent Banking Pods Replacing Bank Branches

Fintech Staff Writer
by Fintech Staff Writer0
Barclays is also one of the driving forces behind the Cash Action Group (CAG), including industry Banking Hubs- a shared space for the major banks to operate from one day each per week. Under this model, the bank works with local councils and communities to arrange a presence in places......
Business Commerce News

Sandeep Chouhan Appointed By Network International As A Group Chief Business Transformation And Technology Officer

Fintech Staff Writer
by Fintech Staff Writer0
Network International the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced the appointment of Sandeep Chouhan as Group Chief Business Transformation and Technology Officer. Bringing global experience in spearheading Business and Technology Transformations at some of the world’s leading financial institutions and payments......
Braven Receives $1 Million Investment from Barclays
Finance Investments News

Braven Receives $1 million Investment from Barclays

Fintech News Desk
by Fintech News Desk0
Through this financial support, Barclays becomes one of Braven’s deepest and fastest growing partners, helping over 4,200 students attending HBCUs and HSIs on their path to economic mobility Braven, a nonprofit organization, announced it has received a significant two-year commitment from Barclays to support its mission to close the education-to-employment......
Barclays and Hawaiian Airlines Introduce Two Free Checked Bags Benefit
Banking News

Barclays and Hawaiian Airlines Introduce Two Free Checked Bags Benefit

Fintech News Desk
by Fintech News Desk0
Barclays US Consumer Bank, a leading co-branded credit card issuer and financial services partner, and Hawaiian Airlines, Hawaii’s largest and longest-serving airline, are introducing an improved benefit to the Hawaiian Airlines World Elite Mastercard: two free checked bags for primary cardmembers who purchase their tickets directly from Hawaiian Airlines. Latest Fintech Insights......
Barclays Announces Upcoming Maturity of iPath Shiller CAPE ETNs
Banking News

Barclays Announces Upcoming Maturity of iPath Shiller CAPE ETNs

Fintech News Desk
by Fintech News Desk0
Barclays Bank PLC (“Barclays”) is issuing a reminder notice today that the iPath Shiller CAPE ETNs are scheduled to mature on October 12, 2022 (the “maturity date”). The ETNs currently trade on the NYSE Arca exchange under the ticker symbol “CAPD”. On the maturity date, Barclays will pay to holders......
Barclays Deploys Microsoft Teams Globally as Its Preferred Collaboration Platform to Enable Better Connectivity
Banking News

Barclays Deploys Microsoft Teams Globally as Its Preferred Collaboration Platform to Enable Better Connectivity

Fintech News Desk
by Fintech News Desk0
Barclays Bank PLC and Microsoft Corp. announced Barclays has deployed Microsoft Teams as its preferred collaboration platform, powering collaboration for more than 120,000 colleagues and service partners in key locations around the globe. Under the agreement, Barclays is streamlining its existing communications and collaboration solutions, with Teams replacing several point......
Citizens Financial Group Announces Pricing of $800 Million of Citizens Bank, N.A. Senior Notes
Banking News

Citizens Financial Group Announces Pricing of $800 Million of Citizens Bank, N.A. Senior Notes

Fintech News Desk
by Fintech News Desk0
Citizens Financial Group, Inc. announced the pricing of $800 million of Citizens Bank, N.A. (“CBNA”) 4.575% fixed/floating rate senior notes due 2028 (the “Notes”). Latest Fintech News: Torches Launches on KuCoin Win and its Legendary Torchlight NFTs to Be Won CBNA intends to use the net proceeds of the notes offering......
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