US rental fintech Stake acquires Circa in $9.5m deal
The cash and stock deal was completed earlier this month.
Financial Services/Finserv
Bill Huffman named new CEO at US asset manager Nuveen
Huffman succeeds Jose Minaya, who held the position for over four years.
Bendigo and Adelaide Bank partners MongoDB for core banking update with AI
The Aussie bank has deployed MongoDB’s Atlas solution.
Product innovation is the key to growth for banks
Banks have a significant opportunity to take advantage of the digital shift driven by the next generation of customers.
The AI Summit: Real world AI
Use cases, pathways and challenges to implementation, and the evolving regulatory frameworks.
AccountsIQ secures €60m to embed AI into accounting platform
The company says the investment will be used to “move to the next level of its development”.
BIS and MAS partner to develop blueprint for climate risk framework
The pair have named the initiative Project Viridis.
What would the Jetsons do?
We already live in the Future. It is here. It is the Present. It is fully formed and at times rather wonderful.
AlphaSense acquires rival Tegus for $930m, valuation tops $4bn
AlphaSense has raised $650 million in conjunction with its latest purchase.
Pipe secures new $100m credit facility from Victory Park Capital
Pipe says the facility “has the potential to upsize up to $200 million in the future”.
MoneyGram names Gary Ferrera as new CFO
Ferrera succeeds the retiring Larry Angelilli, who has served for nearly a year in the role.
Dutch lender BridgeFund taps Mambu for core banking upgrade
BridgeFund will leverage the platform to “expand its account volumes and product offerings”.
Former HSBC exec Roz Smith named as new COO of Broadridge International
Before joining Broadridge, Smith spent 18 years in various leadership roles at HSBC.
Eurobank Cyprus overhauls legacy systems with Temenos solutions
The bank says it replaced 85% of its systems with Temenos products.
E-wallet provider Sticpay bolsters money transfer capabilities with UPI integration in India
Enabling UPI users in India to make domestic and international money transfers through Sticpay’s platform.
Major financial institutions unite to address liquidity fragmentation threat of blockchain incompatibility
Deutsche Bank, Citi, Mastercard, Northern Trust and trade finance platform Centrifuge all contributed to the report.
Oman Arab Bank debuts new direct debit solution
OAB says its customers will no longer need to write checks or manually manage bill payments.
US Bank taps Greenlight for family-focused money management tools
US Bank becomes the first financial institution to offer Greenlight through an embedded mobile app.
Finseta offloads non-trading subsidiary Capital Currencies to undisclosed buyer for £150,000
Finseta initially acquired the subsidiary in 2022 for £586,000, with a maximum total consideration of £3 million.
Interview: Agata Strzelecka, VeloBank – a modern bank with fintech DNA
Agata Strzelecka shares first-hand experience and lessons learnt from transforming a bank and attracting investors.
Peru becomes first South American country to adopt NPCI’s UPI tech
The move seeks to offer “new and accessible payment services to everyone, especially the unbanked population in Peru”.
TXSE Group poised to challenge New York exchanges’ dominance with Texas Stock Exchange launch
TXSE plans to submit a registration with the US Securities and Exchange Commission later this year.
FinTech Founders Video: overcoming obstacles on the path to success
This FinTech Founders video discusses the tools and techniques to overcome the challenges of launching a start-up.
ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Money20/20 Europe wraps up final day with founders, funding and fintech innovation
Money20/20 Europe leveraged its swan song to highlight a string of progressive initiatives for fintech founders.
LSEG names Pascal Boillat as new COO
Boillat replaces David Shalders who held the position for over four years.
PayTech Awards 2024: Final call for table bookings
Don’t miss out on this opportunity to be part of an extraordinary day filled with celebration and networking.
A banking kiosk for a new era of banking
Despite the overall downward trend, a lot of cash is still being withdrawn and used in circulation.
State of play: Money20/20 Europe 2024
Money20/20 Europe was a glimpse into the progress that the fintech industry continues to make.
Boost Bank officially launches its digital banking app in Malaysia
Boost Bank secured regulatory approval from Bank Negara Malaysia and the Ministry of Finance earlier this year.
Money20/20 Europe explores blockchain, payments and personalisation on day two
Leading figures from financial services gathered in Amsterdam for day two of Money20/20 Europe on Wednesday.
Indian fintech Fibe bags $90m in Series E funding round
The investment follows the $110 million raised by the Pune-based firm in its Series D round in 2022.
Banking Technology Magazine June 2024 issue out now
THE ESG PUZZLE – Talk the talk, but also walk the walk.
Demystify Podcast: Customer-centric innovation in finance with Anette Broløs and Erin Taylor
In this podcast episode, Dave and Dharm chat with Finthropology founders Anette Broløs and Erin Taylor.
Lydia selects Marqeta to power its new digital banking app Sumeria
Marqeta first partnered with Lydia Solutions in 2019 to power its peer-to-peer payments app.
Open banking: heroes wanted, apply within
With open banking, the responsibility for education lies with everyone participating in the ecosystem.
Malta’s Finance Incorporated Limited taps Temenos for retail core banking solution
FIL aims to achieve fivefold growth over the next five years through its collaboration with Temenos.
Nium bags $50m Series E funding as it gears up for potential 2025 IPO
The round values the firm at $1.4 billion, down 30% from its previous valuation of $2 billion in 2022.
CSG acquires Florida-based paytech iCG Pay in $17m deal
The deal also includes additional earn-out sums tied to performance goals.
Money20/20 Europe brings tokenisation, AI and digital transformation into focus
Day one’s proceedings took a specific focus on the topics of AI, tokenisation and digital modernisation journeys.
