Jack Henry snaps up Payrailz for undisclosed sum
The acquisition is expected to close on 31 August 2022.
The acquisition is expected to close on 31 August 2022.
The partnership aims to enable paperless communication across treasury and trade finance processes.
The Berlin-based neobank says the action will not affect its services, customer funds or investments.
Klarpay solves one of the biggest challenges faced by digital businesses – access to efficient transactional banking.
KeyBank says BlueSnap’s operating model will give clients the flexibility to process global payments.
Goldman Sachs says it is cooperating with the regulatory body.
A recession brings new challenges to FIs within a changing fraud landscape.
The Garage builds and invests in early-stage start-ups in fintech, artificial intelligence and cyber.
The Dozens app is set to close by the end of August.
Murphy brings more than 25 years’ worth of banking and capital markets experience to the role.
Retail Capital will form the foundation of an expanded business banking offering within TymeBank.
Marion King spent over seven years in her role at NatWest.
There are a few challenges to be aware of before entering the world of embedded finance.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Mortgage applicants can now securely provide their bank statements online via open banking.
The Central Bank of Kenya says the deal will “support the stability of Kenya’s microfinance banking sector”.
Rewiring the economic system will be a challenge, but I think it’s supercritical.
The bank is moving its treasury activities to the cloud with Finastra’s Kondor solution.
Persistent’s “building block” approach will allow the challenger to add new SaaS components as required.
At Arvest, Ukkan will support its digital transformation by leading the new core banking technology initiative.
A good conversation is one that leads to an outcome that isn’t an identical conversation.
The micro and small business-focused bank is looking to scale across East Africa.
BML’s ICBS core banking system will replace Sopra’s legacy solution at BDCD.
Firms are looking to use hybrid, multi-cloud frameworks to manage ever-increasing amounts of data.
Carlyle Group and Advent International have both agreed to acquire up to a 10% stake in the bank.
The fresh capital takes the bank’s total funding to date up to $160 million.
The move forms part of the bank’s digital transformation efforts.
Ageras co-founder and CEO Rico Andersen says the acquisition is a “critical step” in the company’s growth.
The new platform will allow businesses to optimise the rate they’re generating on their cash balances.
“The process of searching for a new core was rigorous,” says Movement Bank’s president.
MVB Bank has become the first live user of the RTP Send functionality offered by Victor Technologies.
Advances in behavioural biometrics technology can help banks catch criminals before they strike.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The investment round was co-led by Sequoia Southeast Asia and Kleiner Perkins.
48 Lloyds Bank and 18 Halifax branches are set to shut between October and January of next year.
Ulrich Körner replaces Thomas Gottstein, who is leaving Credit Suisse after 23 years.
According to The Wall Street Journal, a deal is far from certain and could be weeks in the making.
The company secured $200 million in a Series C round led by Tiger Global earlier this year.
Composable banking allows FIs to simplify a perennial tech challenge: systems integration.
The single most valuable thing you can be is reliable.