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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Emmett previously was the top executive of HSBC Bank plc and Europe, where he was responsible for HSBC's UK Wholesale Bank and operations across Continental Europe, Sub-Saharan Africa and Bermuda.

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Bahrain Development Bank Selects TCS BaNCS Global Banking Platform to Speed Up Innovation

Bobsguide

Through focused, innovative products, services, and a redefined operating model, BDB has been stimulating and driving entrepreneurial activity in the country. Furthering the government’s vision of moving operations and infrastructure to the cloud, BDB wanted to host the entire core banking platform on a public cloud.

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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. To overcome the struggle, banks need to build leadership teams that align with how a future “Smarter Bank” will operate. Once they run buzzwords and innovations through management’s “B.S.

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Finastra research points to open finance progress

Bobsguide

These compelling figures speak to a marked industry shift towards ‘open’ and reflect our journey, creating ways to innovate at scale and pace, and accelerate innovation through collaboration,” said Simon Paris, CEO at Finastra. “In This is underpinned by FusionFabric.cloud – an open platform for innovation and collaboration.

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 World Bank Sees DLT Potential For Cross-Border Transactions

PYMNTS

Consider the fact that current processes involving funds making their way across borders must navigate the vagaries of time zones (and hours of operation) and also navigate across several banks. These shortcomings make the cross-border payment industry ripe for disruption and innovation.

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General Motors Unveils Electric Truck, Electric Pallet And Software For ‘First- To Last-Mile Delivery’

PYMNTS

BrightDrop offers a smarter way to deliver goods and services,” GM Chair and CEO Mary Barra said in unveiling the new operation. “We The automaker also said the World Economic Forum estimates that demand for urban last-mile delivery will grow 78 percent by 2030 thanks to eCommerce.

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Salesforce Launches Sustainable Products For Eco-Friendly Businesses

PYMNTS

It also intends to operate on 100 percent renewable energy sources by 2030. The plan would involve the company pledging to meet the goals of the Paris climate agreement, which involves having net-zero carbon emissions by 2040. It’s also pushing other companies to join it in meeting that goal.

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