Saxo Bank completes acquisition of BinckBank
Saxo intends to initiate the statutory buy-out procedure.
Saxo intends to initiate the statutory buy-out procedure.
The funding was led by New York-based investor Prudence Holdings.
The ‘Mobile Student Edition’ is designed to tap into the Gen Z market
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Currently the project is suspended by the former subsidiary Postbank.
It also took Temenos’ financial crime mitigation module.
It’s now the most valuable EU fintech with a valuation of $5.5 billion.
Making this its fifth major investment in Asia Pacific since 2017.
T24 Transact will interface with trading systems and the bank’s core systems.
It detects irregular trading patterns and alerts officials according to machine-learning.
It will tap into China’s advances in artificial intelligence, biometrics and mobile payments.
This will support reconciliation processes for financial institutions.
The round was led by HV Holtzbrinck Ventures.
The data leak allowed staff engineers access to PINs stored in encrypted log files.
Teamwork, transparency and creating a competitive culture is key.
It is the first bank in India to offer the service.
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The bank leveraged Linklogis’ WeQChain platform.
OIB’s end-of-day processing has been reduced to less than 30 minutes as a result.
The CEO of Heidelpay will remain as a long-term shareholder.
90% of previous investors took part in the second funding round.
And it’s happening faster than you think!
Some of this week’s news, in video format!
The London facility will accommodate around 1,000 workers.
FNZ acquires GBST, LSE to buy Refinitiv, and more!
The filing and settling charges are against the trader, Benjamin Cox.
The UAE-based Anglo-Gulf Trade Bank aims to address global trade finance gap.
Tokyo Stock Exchange calls for data and innovation partners.
Some heady advice for non-bank PSPs to avoid regulatory action.
The bank sees 60% growth since introducing self-serve solution.
The Berlin-based bank is now looking into expansion.
“Immediacy is the new standard demanded by users.”
The company graduated from Y Combinator Winter 2018 batch.
The AI firm generates better marketing copy.
The ABA expressed serious concerns Rakuten gaining a banking charter.
Fiserv’s First Data will provide services to its current client merchants until June 2023.
A comprehensive list of South African challenger banks and banking services and the tech they are using.
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