Verde Asset Management

finextra | April 03, 2020

Nationwide has halted plans to enter the business banking market and returned £50 million in RBS bail out money to the Banking Competition Remedies Board. Last May Nationwide was awarded a £50 million grant from the RBS bailout fund to help it move into business banking, matching its own £50 million commitment. The building society also picked 10x Future Technologies, the fintech start up founded by former Barclays boss Antony Jenkins, to help build the tech platform for the ne...

Financial Management

Sun Life | September 26, 2022

Sun Life has been named a Top Workplace by the Hartford Courant for the third year in a row, a recognition based on employee surveys conducted by Energage, as well as information about Sun Life's employee programs and benefits. "We believe in creating a workplace that fosters support, flexibility, collaboration and camaraderie, no matter where an individual employee might be based, Our employees have continued to show commitment to and passion for their work...

Wirecard | June 22, 2020

Wirecard shares are once again in free fall on Monday after the German payments firm said it was likely that 1.9 billion euros ($2.1 billion) of cash missing from its balance sheet doesn’t exist. The Munich-based company said it was assessing the “prevailing likelihood” that unaccounted cash balances flagged by auditors at EY last week “do not exist.” The lost funds represent roughly a quarter of Wirecard’s balance sheet....

Financial Management, Fintech

PRnewswire | April 18, 2023

Finastra today announced that Plaid, the leading open finance provider, is now integrated within Finastra's Fusion Digital Banking platform. The partnership, delivered via Finastra's FusionFabric.cloud open APIs, provides financial institutions of all sizes within the Finastra ecosystem with account verification tools, making it easier and more secure for consumers to link their account data from their main financial institution with external financial apps and services. ...