Cornerstone FS taps James Hickman as CEO

Rick Steves

“I see great potential in the business from its proprietary technology to its regulatory permissions. It is already delivering an exceptional service to its SME customers and the scalable platform is ideally positioned to add further product capability.”

Cornerstone FS has appointed James Hickman as Chief Executive Officer of the cloud-based provider of international payment, currency risk management, and electronic account services.

Taking effect on 12 September 2022, James Hickman joins Cornerstone FS after more than 19 years within the payments industry, having most recently played the role of Chief Revenue Officer at Dublin-based fintech business, Fire Financial Services Ltd.

Another stepping stone in his career was spending nearly five years as Chief Commercial Officer at AIM-quoted Equals plc, where he was responsible for growing sales, operations, and managing key relationships, as well as managing investor relations, fundraising, and strategic acquisitions.

He was also Managing Director at privately held card and payments business, Caxton FX Ltd, where he played many of the same functions described above.

“Exciting future in front of us”

Elliott Mannis, Chairman of Cornerstone, said: “James brings a wealth of industry experience and excellent strategic and leadership skills to Cornerstone, and I am delighted that he will be our new Chief Executive Officer. He has impressed the Board with his clarity of vision, breadth of knowledge and his strong client-centric mindset. The Board believes he is a great fit for Cornerstone, with the combination of skills and experience to lead the business through its next strategic phase.”

James Hickman, incoming Chief Executive Officer at Cornerstone, added: “I am delighted to be joining Cornerstone at a very exciting time in the Group’s development. I see great potential in the business from its proprietary technology to its regulatory permissions. It is already delivering an exceptional service to its SME customers and the scalable platform is ideally positioned to add further product capability. I have been impressed by the quality of our people, and the strength of our culture and our client relationships, which provide strong foundations on which to build in the years ahead. I believe we have an exciting future in front of us as we capture growth opportunities in payment services and deliver value for our shareholders.”

According to information disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies, the incoming CEO of Cornerstone holds or has previously held the following directorships/partnerships within the last five years: Clappar Limited,
Gogo Remit Limited, Q Money Limited, Fresh B2B Ltd, Fairfx Plc, Equals Connect Limited, and Fair Payments Limited.

Read this next

Retail FX

FXOpen launches HK share CFDs: Tencent, Alibaba, Xiaomi, Baidu

Hong Kong share CFDs will be commission-free for a limited period of time.

Retail FX

IronFX Celebrates an Award-Winning Start to 2024 with a Series of Industry Recognitions

IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector.

Industry News

FIA urges CFTC to regulate use cases rather than AI itself

“We urge the CFTC to refrain from crafting new regulations that generally regulate AI because this approach presents certain well-known pitfalls. By approaching the issue from the perspective of AI as a technology, rather than the use case for the technology, corresponding regulations would likely necessitate a definition of AI. We anticipate that any attempt to properly define AI would be very challenging and require considerable resources.”

Education, Inside View

The Power of Public Relations in Finance: Shaping Perceptions & Building Reputation

It’s safe to say that the finance industry has faced its share of reputation crises over the years, from the 2008 financial collapse to the many scandals around irresponsible lending, political corruption, and even Ponzi schemes. 

Digital Assets

Crossover’s crypto ECN executed over $3 billion in Q1 2024

“Our growth is also driving continued increases in the percentages of trades that are ‘Order Crossing Order’ (OXO). Currently, roughly 10% of all trades executed on CROSSx are OXO, another differentiator in our platform’s capacity. This capacity and our unique execution model provide value to both the market maker and taker, as evidenced by our commercial model.”

blockdag

BlockDAG’s Explosive Presale Hits $20.3M In April Swaying Investors From XRP’s Price Trends Upward, & Polygon’s NFT Market

Learn about BlockDAG’s impressive $20.3M presale results, XRP’s price increase prospects, and the booming NFT market on Polygon among the top 10 cryptocurrencies.

Retail FX

Financial Commission warns of Eplanet Brokers

The Financial Commission, a self-regulatory compliance specialist for the financial services industry, is ramping up its scrutiny of unregulated brokerage firms. Today, the independent association warned against a company called Eplanet Brokers.

Retail FX

Dubai crypto exchange steps into prop trading

Dubai-based cryptocurrency trading platform, CoinW Exchange, marked its sixth anniversary by announcing a rebranding initiative and launching a proprietary trading product.

Fintech

Bitcoin payments app Strike launches in Europe

Bitcoin blockchain-based payments app Strike launched in Europe on Wednesday, allowing users in the region to buy, sell, and withdraw bitcoin (BTC).

<