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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. Shane is a talented and innovative professional who is positioned well to lead cards and payments U.S.

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StanChart Deepens China Focus With Innovation Lab Launch

PYMNTS

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. The labs are a part of Standard Chartered’s venture capital arm SC Ventures, reports noted. “To NS Banking said Wednesday (Aug.

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Starbucks New Investor: Pershing Square Capital Management

PYMNTS

Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 percent stake in Starbucks. The Wall Street Journal noted Ackman said he thinks same-store sales have been positive on a consistent basis and that the market in the U.S.,

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US B2B FinTech Firms Lag With VC Investors

PYMNTS

EnKash said it also plans to bolster its leadership team with the new investment. Existing backers, Nauta Capital and Seedrocket 4Founders Capital, also participated. The company is also planning to add to its staff, and invest in its financial services innovations, reports said. The company raised $6.7

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Press Release: BankBazaar Marks Third Year of Growth; Hits Rs. 215 Crore Revenue

BankBazaar

Adhil Shetty, Co-founder and CEO of BankBazaar, commented on the company’s growth, stating: “BankBazaar’s strong foundation has enabled us to continue our growth trajectory, achieving 36% growth in FY24 on the back of 54% and 63% year-on-year growth in FY22 and FY23 respectively. The company has raised around USD 116 million in equity so far.

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Finastra appoints Isabel Fernandez to accelerate lending business growth

Bobsguide

Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. Isabel will be part of Finastra’s recently expanded leadership team as the company pivots to a ‘Business Unit’ led model. Other roles include President & CEO Global Bank Loans at GE Capital Americas and Head of Enterprise Clients.

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Innovation in Spain: A Way Forward for Banks Globally?

Celent Banking

Innovation is global. Yet, increasingly, conversations with banks, especially in the US, reveal that many institutions aren’t looking too far outside of their market, let alone their vertical, industry, or country, for inspiration on how to innovate. How well do financial institutions innovate compared with other industries?