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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Emmett previously was the top executive of HSBC Bank plc and Europe, where he was responsible for HSBC's UK Wholesale Bank and operations across Continental Europe, Sub-Saharan Africa and Bermuda.

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Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Speed Up Innovation

Bobsguide

BDB offers conventional and Islamic business finance services, venture capital and investment advisory to small and medium enterprises across multiple industries in the Kingdom of Bahrain. TCS BaNCS will enable BDB to launch new innovative products faster.

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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. To overcome the struggle, banks need to build leadership teams that align with how a future “Smarter Bank” will operate. Once they run buzzwords and innovations through management’s “B.S.

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Finastra research points to open finance progress

Bobsguide

These compelling figures speak to a marked industry shift towards ‘open’ and reflect our journey, creating ways to innovate at scale and pace, and accelerate innovation through collaboration,” said Simon Paris, CEO at Finastra. “In This is underpinned by FusionFabric.cloud – an open platform for innovation and collaboration.

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Want To Build A 630M, 10 Country Financial Services Ecosystem? Here’s What Grab Did

PYMNTS

As one can imagine, those small-scale businessmen and women are ridesharing drivers who often work long hours every day to earn income to support their families and businesses — and save up in hopes of taking total ownership of their operations. Such dreams — dreams common to all of humanity — can fuel innovation.

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Mobile Smart Kitchens Reinvent Food Delivery

PYMNTS

Delivery has changed the face of the food business on a global scale Gardener noted — and as large a force as it is today, valued at $35 billion — it is expected to grow by more than twenty-fold to $365B by 2030. That’s good news for consumers from a convenience point of view — but there remain all kinds of issues. Rethinking Food Logistics.

Mobile 134
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Union Budget 2021: Highlights

BankBazaar

We await the operational details of the scheme now. National Rail Plan created to bring a future-ready Railway system by 2030. Good development since this is a long-term ask of the industry to bring in capital and growth. In urban areas, 83.7 percent of families paid out of their savings, with 8.5 percent relying on loans.

Metro 122