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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The association said in a news release that “Emmett is a highly experienced financial services leader with a wealth of global experience in business, strategy, technology and operations, gained through his 25 years with HSBC.". In addition, government entities have become interested in “stablecoin” technology. On the heels of the U.S.

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JPMC CEO: PPP Saved Roughly 35M Jobs

PYMNTS

Last month, a report co-written by economists at the Federal Reserve Board of Governors , Massachusetts Institute of Technology and ADP Research Institute , put the number of saved jobs by the PPP at around 2.3 Its mission is to up the recruitment from low-income Black, Latinx and Asian communities. million jobs through early June.

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Finastra teams up with EcoTree to provide a green offering for banks on the journey to net-zero emissions

Bobsguide

The initiative provides Finastra customers the opportunity to remove the carbon footprint associated with both the running and implementation of technological solutions, an important step as banks and financial institutions move towards net-zero carbon emissions.

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How FinTech Firms Are Tackling Africa’s Agriculture Challenges

PYMNTS

The company says a good number of the farmers it works with experience Agrikore via Tingg, as the payment technology powers how they find the aggregators that buy their grains. The system, in one case, links farmers to community produce aggregators as well as corporate commodity buyers.

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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

This decade-long crisis touches banks’ products, technologies, people, processes and the political climate. This crisis touches banks’ products, technologies, people, processes and the political climate. Overcoming the Crisis of the ’20s Two types of banks will be winners come 2030: The lucky and the smart. 2) Zombie cores.

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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. Pillar #2: Leaders Transcend Daily Hustle to Build New Systems Most regional and community banks grew up executing the fundamentals with sheer hustle and hard work.

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Finastra research points to open finance progress

Bobsguide

Explore the latest trends in lending, payments, universal banking (digital, retail and commercial banking), treasury and capital markets, and Finastra’s broader commitments, including: Open technology: Collaborating to innovate. Open communities: Creating more equitable access to banking.