US neobank Chime appoints Shara Chang as chief compliance officer
Chang brings 15 years of financial services, fintech and consumer protection experience to her new role.
Digital
US fintech start-up SellersFi secures new credit facility of up to $300m
The credit facility has been provided by Citi and long-time financing partner Fasanara Capital.
Video: Five Degrees at the Banking Tech Awards 2023 – digital banking innovation
We chat with Bjorn Holmthorsson, Managing Director at Five Degrees, and Jamie Burink, Business Head at Fyndoo.
Demystify Podcast: Demystifying Saudi fintech with Naif AbuSaida, founder & CEO of Hakbah
Dave and Dharm welcome Naif AbuSaida, CEO and founder of Hakbah, a Saudi Arabian fintech focused on group savings.
Visa to acquire majority stake in Mexican payment processor Prosa
The deal, for an undisclosed sum, is expected to close in the second half of 2024.
French fintech Unlimitd boosts financing capacity to €100m as ACP takes majority stake
Founded in July 2021 by Julien Zerbib, Unlimitd provides revenue-based financing to digital companies.
Søren Westh Lonning joins B2B spend management platform Pleo as CFO
Reports suggest the appointment of a CFO may be laying the groundwork for a potential IPO in the near future.
Saudi BNPL fintech Tamara lands $340m Series C funding at $1bn valuation
Tamara says the Series C is “among the largest investments in a fintech company in the region”.
The What the FinTech? podcast | Season four’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
What the FinTech? | S.4 Episode 23 | 2023 in review
In the final podcast episode of 2023, we’re joined by banking tech veteran Dharmesh Mistry.
First Bank taps Backbase for engagement banking platform
First Bank’s Bala Nibhanupudi says it’s “the final step in our years-long digital transformation journey”.
InvesTex Credit Union selects Bankjoy for digital banking upgrade
InvesTex Credit Union says all its members will have access to Bankjoy’s digital banking platform.
Credit Union of Texas taps Alkami for business banking platform
Eric Pointer, president and CEO of CUTX, says the partnership will enable it to serve an untapped market.
Flutterwave makes several new exec appointments focusing on risk, compliance and partnerships
The company has appointed Amaresh Mohan, Amanda Ortega and Stephen Cheng to executive roles.
ICYMI fintech funding round-up: Nearpay, Supra, Hyperplane and Pave Bank
Our weekly round-up for you to get the latest fintech funding news from around the world.
Europe fintech funding round-up: Aria, AbbeyCross, Salv and more
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Qatar’s Lesha Bank upgrades to Temenos’ latest core banking platform
Temenos says its Transact R23 platform will enable Lesha Bank to accelerate digital initiatives.
Merry Core-istmas, it’s been a core-azy year
A new phase of core banking has started, and there is more work to be done.
Apex Fintech Solutions files draft statement for IPO with US SEC
Apex says the number of shares to be offered and the price range have not yet been determined.
Video: Highlights from the Banking Tech Awards 2023
Watch the highlights from an incredible evening celebrating the best and brightest in banking technology and fintech.
Guide: Security best practices for PostgreSQL
In the financial industry, customer trust is everything. Don’t let your database be your brand’s weak point!
ABN Amro to acquire Dutch neobroker Bux for undisclosed sum
ABN Amro hopes the deal will help it gain a foothold in the retail investment space.
Guide: Banking and financial services – 7 critical success factors for moving to open source databases
Discover the key factors that can ensure your success as you plan your move to an open source database like Postgres.
ClearBank names former Barclays and Starling exec Megan Cooper as new chief product officer
Cooper joins ClearBank from Barclays UK, where she served as CPO for its consumer banking platform.
E-invoicing in Europe 2024: a country by country policy overview
Delving into the mandates, legal changes and harmonisation efforts in B2B and B2G e-invoicing in Europe.
Meniga bags €15m Series D funding to fuel new growth strategy
The round takes the company’s total funding raised up to €55 million since its inception in 2009.
US Eagle FCU partners Lumin Digital for digital banking
The New Mexico-based credit union has struck a multi-year deal with Lumin Digital.
CaixaBank forms GenAI task force with backing from Microsoft, Accenture and Banco BPI
The Valencia-based bank has dedicated a 100-strong team to explore new use cases for the technology.
The Clearing House appoints former Truist EVP Sal Karakaplan as new chief strategy officer
He brings over 25 years of experience to TCH following stints at Truist, JP Morgan and Mastercard.
Former Marqeta SVP Jeff Parker joins Paymentology as new CEO
Parker stepped down from his position as SVP and managing director at Marqeta last month.
Video: Highlights from FinTech Futures’ CMO roundtable and Christmas networking party
Check out the highlights video from the event here, held in partnership with FinTech B2B Marketing.
Former TD Bank exec Michael Rhodes appointed as new CEO and president of Discover Financial Services
Rhodes succeeds former CEO and president Roger Hochschild, who stepped down with immediate effect in August.
Banking Technology Magazine Dec 2023 / Jan 2024 issue out now
Cover story: THE BEST OF BANKING TECH – Winners and pictures from an amazing night.
Banco Santander migrates corporate and investment banking business to the cloud
Santander intends to complete its group-wide migration to the cloud by the end of next year.
Reserve Bank of India outlines plans for new fintech repository and cloud facility for FS firms
The new measures also address “moral hazard issues” in lending and boost certain transaction limits.
AI, BNPL and CBDCs: The industry’s fintech predictions for 2024
We take a look at some of the fintech predictions being made by industry experts for 2024.
DTCC completes acquisition of Securrency, rebrands business as DTCC Digital Assets
DTCC initially announced that it had signed an agreement to buy the firm back in October.
Marsden Building Society taps Jade ThirdEye for AML tech
The firm will deploy Jade ThirdEye’s Transaction Monitoring and Customer Screening solution.
Hungary’s OTP Bank taps iGCB for core banking revamp
OTP Bank has selected the vendor’s Intellect Digital Core (IDC) offering and lending platform.
Canapi Ventures reveals new $750m fund to support US fintech entrepreneurs
The VC firm says the latest fund takes its total assets under management to over $1.4 billion.
