1st Security Bank Announces the Promotion of Shana Allen to EVP

1st Security Bank (‘the Bank’) is pleased to announce that Shana Allen, currently the Chief Information Officer for the Bank since 2010, has been promoted to the position of Executive Vice President, effective immediately. With a career in banking that spans over 2 decades, Shana is a leader in the Information Technology field. She is a frequent contributor to industry publications in the areas of cybersecurity, information security and data encryption. She has been a speaker...

SC Ventures & Yabx to expand access to Financial Services in Africa

‘Purpose-driven loans’ centred around inclusion, education, skill development and gender are the main products being developed for African markets This collaborative partnership leverages the expertise and global best-practices from the financial services industry with the disruption and nimbleness of a fintech to address the need for responsible consumer finance in Africa. SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm has entered into a Memorandum of Understanding (MOU) with Yabx, a company incubated by Comviva and part of...

Trustly Closes Acquisition of Ecospend

Trustly, the global payments platform for digital account-to-account (A2A) transactions today announces the closing of the acquisition of UK-based Open Banking payments platform Ecospend, following FCA approval. Trustly and Ecospend together become the leading Open Banking payments company in the UK, featuring connectivity with over 80 banks and a consumer reach of approximately 50 million consumers.The UK is one of Europe’s most rapidly growing A2A markets and a core growth market for Trustly. Ecospend’s strong UK Payment Initiation...

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