Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s Payment Systems Regulator (PSR) examining the extent of authorized push payments fraud (APP). “This is the first time we can...
England’s Metro Bank has reportedly secured $1.1 billion from investors following a rocky week. As Bloomberg News reported Sunday (Oct. 8), the funding package is comprised of a £325 million capital raise, comprising £150 million ($183 million) of new equity and £175 million ($213 million) in new MREL...
The likelihood of rising interest rates in the U.K. could be the motivation for private equity firm Carlyle’s potential takeover bid of Metro Bank, according to a Financial Times report on Thursday (Nov. 4). Metro Bank “has engaged with Carlyle” on talks about the takeover,...
Today in B2B payments, Tenio’s new CFO discusses cryptocurrency, and Coupa launches a joint venture in Japan. Plus, PrimePay discusses the business intelligence of payroll, Metro Bank debuts mobile invoicing, and Xero partners with Apex HCM. CFOs Prepare For Their Crypto Education Transforming Payroll Into...
February 29, 2024
Metro Bank has appointed Barclays veteran Marc Page as chief financial officer. Page will join the U.K. bank and its board Sept. 2, subject to regulatory approval, Metro Bank said in a Thursday (Feb. 29) press release. In the meantime, Cristina Alba Ochoa will continue to act as the bank’s interim CFO, according to the release. She assumed that role in January after James […]
October 31, 2023
Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s Payment Systems Regulator (PSR) examining...
October 08, 2023
England’s Metro Bank has reportedly secured $1.1 billion from investors following a rocky week. As Bloomberg News reported Sunday (Oct. 8), the funding package is comprised of a £325 million capital raise, comprising...
November 04, 2021
The likelihood of rising interest rates in the U.K. could be the motivation for private equity firm Carlyle’s potential takeover bid of Metro Bank, according to a Financial Times report...
