Spanish paytech PayRetailers acquires Transfeera to drive Brazilian expansion
PayRetailers recently received its Brazilian payment institution (PI) licence last month.
API
LGT in Liechtenstein taps Finastra for instant payments
Finastra says the move will enable LGT to meet the EU instant payments regulatory timeline.
FinovateSpring 2024: Rethinking customer experience and boosting diversity in financial services
FinovateSpring 2024 concluded on Thursday after a day filled with thought-provoking panels and keynotes.
FinovateSpring 2024: Mobile payments and understanding Gen Z dominate day two
FinovateSpring 2024 sustained its momentum over day two with a line-up of informative debates and keynotes.
EFG Hermes snaps up minority stake in AI digital wealth manager Kenzi Wealth
EFG Hermes has also signed an MoU with Kenzi to enhance its EFG Hermes One trading platform.
Paytech start-up Aeropay raises $20m Series B for platform and partnership development
The US-based start-up has also introduced its new “homegrown bank aggregator” called Aerosync.
Emirates NBD taps Pine Labs to enhance merchant acquiring services
Emirates NBD will implement Pine Labs’ Credit+ solution.
New UAE-based open banking start-up Thimsa launches in beta
Thimsa will initially launch its payments platform in beta in the UAE and Bahrain.
Bankart migrates payment processing to Diebold Nixdorf’s Vynamic Transaction Middleware
The integration is to replace Bankart’s legacy payment processing platform provided by ACI Worldwide.
New paytech Wink Pay launches in Lebanon in partnership with Visa and Codebase Technologies
Wink Pay offers an instant card issuance service for Visa prepaid virtual cards.
What are the strengths, weaknesses and concerns around open banking?
The industry must ensure that open banking tech serves the strategic needs of consumers and institutions.
Suffolk Building Society taps Finova to power mortgage offering
The mutual is to integrate Finova’s Apprivo mortgage originations banking platform.
New US paytech Fractal launches with aim to become “SaaS companies’ preferred payment method”
The start-up’s solution seeks to provides SaaS firms with a pre-built embeddable payment service.
Moneythor names former Temenos head Martin Frick as new CEO
In addition, Moneythor’s co-founder, Olivier Berthier, is to transition to the role of chairman.
ICYMI fintech funding round-up: Backflip, Ansa, Salmon, Firenze and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
ICYMI fintech funding round-up: Fintoc, Bokra, RockFi, Bump and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Enigmatic Smile buys Fidel API’s loyalty business
The sale, for an undisclosed sum, includes all assets associated with Fidel’s loyalty business.
Indian fintech Aurionpro bolsters AI portfolio with $16.5m takeover of Arya.ai
Arya.ai offers a cloud-based PaaS that enables enterprises to develop their own AI solutions.
Bird taps Airwallex to power international payments operations
Airwallex’s tech will power Bird’s in-house foreign exchange engine and issuing solution.
TabaPay to acquire assets of struggling BaaS fintech Synapse
Synapse previously filed for Chapter 11 voluntary bankruptcy and laid off over 50% of its workforce last year.
Temenos: empowering banks through core modernisation
William Moroney, Temenos: “Banks need business agility at a whole new level to keep up with market trends.”
UK government launches open finance taskforce chaired by CFIT
The industry-led taskforce will aim to “unlock the full potential of open finance”.
UAE’s GTN names former Saxo Bank exec Damian Bunce as new Middle East CEO
Bunce brings more than 30 years of experience in forex and online securities trading to his new role.
First State Bank partners Jack Henry for core processing and digital banking platform
The bank will have access to the vendor’s network of over 950 API-integrated, third-party fintechs.
State of play: core banking
Investment in core banking technology will continue to be the utmost priority for the industry.
US-based NWSB taps Apiture to upgrade digital banking capabilities
The community bank will implement Apiture’s Digital Banking Platform offering alongside a number of other solutions.
US wealthtech NewRetirement lands $20m in Series A funding
NewRetirement says it will use the funds to scale its enterprise financial planning product.
Bolt appoints interim CEO as Maju Kuruvilla departs
Kuruvilla served as Bolt’s CEO for over two years following founder Ryan Breslow’s transition to chairman.
Missouri’s Central Bank taps Personetics for AI-powered money management solution
The bank is looking to expand its digital financial wellness offerings for its retail customers.
Demystify Podcast: Fintech partnerships with Sam Everington of Engine by Starling and Carlton Hopper of GFT
In this podcast episode, Dharmesh and Dave explore the partnership between Engine by Starling and GFT.
UK paytech Volopa partners ClearBank to expand its SME banking services
Volopa is currently applying for a UK EMI licence, which it expects to be granted this year.
Australian Payments Plus taps Swift to develop confirmation of payee service
The firms plan for the new security measure to be ready by the beginning of 2025.
US-based Central Bank taps TCS for core banking upgrade
The Missouri-headquartered bank will deploy the vendor’s flagship TCS Bancs core banking system.
Mastercard pilots new Smart Subscriptions feature in the US powered by open banking
Smart Subscriptions enables consumers to cancel, pause and resume their subscription-based payments.
Griffin receives full UK banking licence and $24m investment to spur growth
The licence approval from the FCA and PRA ends the platform’s year-long mobilisation period.
Colombia’s Yuno plots expansion following $25m Series A round
The round reportedly values the Bogotá-based fintech start-up at $150 million.
ICYMI fintech funding round-up: Theia Insights, Lettuce, StackOne, Synnax and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US paytech Spreedly appoints Peter Dougherty as new president
Dougherty will oversee the firm’s go-to-market operations, including sales, marketing, and partnerships.
Treasury Prime trims workforce amid strategic pivot to focus on direct-to-bank partnerships
The pivot comes a year after the firm completed a $40 million Series C fundraising round.
Northern Trust taps Finbourne Technology for data management solutions
Northern Trust will leverage Finbourne’s LUSID and Luminesce offerings.
