Anna Manz has been appointed as the new chief financial officer (CFO) of the London Stock Exchange Group (LSE). Anna Manz, incoming LSE CFO Manz succeeds David Warren, who announced his retirement in October 2019. Warren will be stepping down from his role as CFO and his board position, but he will remain with the … Continue reading Anna Manz appointed new CFO of LSE Continue Reading
Privitar, a London-based data privacy software firm, has received a $7 million investment in its Series C round from HSBC. This brings the funding round total to $87 million, as reported on Help Net Security. HSBC is expanding its strategic relationship with Privitar with this investment. In fact, the bank is becoming a shareholder after … Continue reading Privitar receives $7m investment from HSBC Continue Reading
Aviva has selected client lifecycle firm Fenergo to revamp the firm’s compliance and regulatory systems. Aviva charges Fenergo with onboarding switch-up Fenergo is switching Aviva’s know your customer (KYC), customer due diligence (CDD), and anti-money laundering (AML) processes. The vendor is beginning initial work with Aviva Investors. It will later work with Aviva UK Insurance … Continue reading Aviva taps Fenergo to revamp client onboarding systems Continue Reading
Social commerce continues its pandemic-driven momentum as Instagram announced two major moves in the area and new research shows the platform will see substantial new growth across the board. On Tuesday (June 23) Instagram announced it was opening social shopping to more businesses including its own influencer community. On Wednesday it followed that with the biggest cosmetics … Continue reading Online Sales Projected To Settle At 16.5 Pct Growth Rate Continue Reading
Social commerce continues its pandemic-driven momentum as Instagram announced two major moves in the area and new research shows the platform will see substantial new growth across the board. On Tuesday (June 23) Instagram announced it was opening social shopping to more businesses including its own influencer community. On Wednesday it followed that with the biggest cosmetics … Continue reading Instagram Drives New Social Commerce Momentum Continue Reading
It’s hard to find a major eCommerce retailer that has evolved more than Newegg. After coming out of the post-internet bubble economy of 2001 as a force in the consumer electronics category, it eventually supplemented that business with computer parts and accessories, catering to the DIY tech crowd. In 2011, Newegg launched a marketplace model where … Continue reading Newegg Masters The Art Of The Pivot Continue Reading
Vitamin store chain GNC Holdings filed a “prepackaged” Chapter 11 bankruptcy plan, saying it has an offer to sell the company for $760 million and has backing from some 90 percent of its creditors, according to a statement. “As outlined in both potential paths, the Company expects to use this process to improve its balance sheet and capital structure … Continue reading Vitamin Retailer GNC Files ‘Prepackaged’ Chapter 11 Plan Continue Reading
The accounting world was as caught off-guard and unprepared as most other industries when COVID-19 came to town. One fact has clearly surfaced in the interval between pandemic lockdowns and phased reopenings, and it’s this: accounts payable (AP) can’t cut it manually anymore. AP automation’s time is now, but it’s not a one-size-fits-all proposition. “Businesses … Continue reading Next-Gen AP Curing COVID Accounting Ills Continue Reading
Businesses are digitizing more rapidly these days, often tapping into new overseas markets and expansion opportunities created by COVID-19. They are also exhibiting increasingly robust cross-border payments capabilities, with a focus on simplicity and ease of operations internationally. As we learn in PYMNTS’ inaugural June 2020 Payments Orchestration Playbook, done in collaboration with Spreedly, “The international eCommerce … Continue reading New Vistas For Payments Orchestration Continue Reading
Apple has recently unveiled an upgrade to its iOS operating system, which will allow drivers to unlock their cars via their iPhones. The latest system, dubbed CarKey, will let users unlock their cars with just their iPhones or Apple Watches. To start, a driver would first need to pair their iPhone or Apple Watch with a vehicle that … Continue reading Apple Debuts CarKey, A New System That Lets Users Unlock Their Cars With iPhones Continue Reading