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Revolut signs up 120,000 customers in Malta and counting

Revolut customers having signed up for the fintech's services has reached 120,000 and the firm is looking to enter collaborations with local players to expand further, Elena Lavezzi, Head of Southern Europe at Revolut, tells Business Malta.

Phoenicia Hotel names new GM, terminates old management

Brice Kemper has been appointed General Manager of the Phoenicia Hotel Malta with effect from 29 July. The company has terminated its hotel management agreement in respect of the Phoenicia Hotel with effect from 25 March.

HSBC Malta names new commercial head, new risk chief

Joyce Grech was appointed Head of Commercial Banking at HSBC Malta, and Gerard Walsh as the bank’s new Chief Risk Officer, subject to regulatory approval. Ms Grech is succeeding Michel Cordina, who was recently named the Executive Director and Head of Business Development.

FIAU, MFSA offers new guidance doc for institutions opening accounts for...

A Guidance Document for Credit Institutions, Payment Institutions and Electronic Money Institutions opening accounts for fintechs has been published by the Malta Financial Services Authority (MFSA) and the Financial Intelligence Analysis Unit (FIAU).

Managing private keys better can foster more security in crypto

One of the underlying main ideas of blockchain and cryptocurrencies is offering top-notch security through immutability. For this, blockchain-based wallets are crucially...

Minister Dalli vows support for gender equality

Minister for European Affairs and Equality Helena Dalli showed her support for gender equality during the General Affairs Council in Luxembourg, as a priority for the Financial period 2021-2027.

Computime Software sees gravity of AML monitoring

Computime Software’s Malta branch warns that anti-money laundering (AML) transaction monitoring can be strengthened with some elevated attention, such as deploying useful AML software and hiring and training compliance professionals, according to a blog entry by the company.

BOV and Saxo Bank meeting discusses risks of a possible European...

Banking and finance professionals discussed the possible risks of a recession in Europe as the main topic of a business breakfast organised by Bank of Valletta (BOV) in collaboration with Saxobank.

ECB revamps €100 and €200 notes for enhanced security, longer lifetime

Upgraded €100 and €200 banknotes with increased security features are coming into circulation as of 28 May 2019. The ECB tells Business Malta about the reason behind revamping the banknotes and explains the production process.

Malta’s first financial literacy quiz activates hundreds

The first edition of a national financial literacy quiz attracted 42 teams of five students each from all around Malta. Bishop’s Conservatory Secondary School in Gozo won the event ahead of St Maria Regina College Mosta Zokrija Secondary and St Monica School Birkirkara.

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