Italian fintech Banca AideXa secures €16m capital raise
The fresh investment brings the fintech’s total capital raised to date to €96 million.
FinTech
New start-up Fideo Intelligence launches offering data-driven fraud-fighting solutions
The start-up operates under identity resolution SaaS platform FullContact.
Global Payments acquires UK’s Takepayments for undisclosed sum
Global Payments has reportedly been eyeing up the purchase since February.
Verituity secures $18.8m round led by Forgepoint Capital and Sandbox Industries
Sandbox Industries’ chief Chris Zock is to join Verituity’s board of directors.
Commerzbank to launch digital credit cards for businesses with Pliant
The offering is expected to launch in Q3 2024.
Fiserv appoints former JP Morgan Payments head Takis Georgakopoulos as new senior advisor
Georgakopoulos left his role as global head of JP Morgan Payments earlier this month.
FreeBnk partners E Money Network to issue blockchain-based IBANs
The partnership is set to enable blockchain-based international money transfers.
US start-up Gynger completes $20m Series A and lands $100m debt facility
Gynger’s Series A was spearheaded by PayPal Ventures.
Backbase hires Chris Shayan to lead integration of AI into Engagement Banking platform
Shayan will head the integration of LLMs into the fintech’s Engagement Banking platform.
Tradeweb unveils leadership changes in wake of president departure
President Thomas Pluta served on Tradeweb’s board for over six years.
Video: BNY Mellon at FinovateSpring 2024 – Working with early-stage tech companies
Dexter Wilson of BNY Mellon discuses the process of collaborating with early-stage technology companies.
FinTech Futures: Top five news stories of the week – 21 June 2024
Our pick of the top fintech news stories this week includes Sainsbury’s, Viva Wallet, Laybuy and more.
ICYMI fintech funding round-up: Ramify, Hawk, Cadana, Prosper and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Report: It’s prime time for real-time 2024 – real-time payments adoption and growth around the globe
For the first time ever, featuring five in-depth market analyses from regions leading the way in real-time payments.
FinTech Founders Video: evolution of industry compliance
Fintech founders discuss a decade of shifting perspectives and practices.
Video: Fremont Bank at FinovateSpring 2024 – Harnessing AI to augment a bank’s customer experience
Vivian Yeung from Fremont Bank chats about how AI has transformed the financial services sector.
Mexican fintech unicorn Clip lands $100m investment
Clip retains its $2 billion valuation following the round.
Combatting fraud – insights from industry experts
How to stay ahead of the curve in the ever-evolving landscape of fraud prevention.
BaaS fintech Unit to reduce workforce by 15%
The cuts are in response to “slower than expected revenue growth”.
Binance to pay $2.25m fine to India’s FIU over AML deficiencies
The exchange allegedly violated the country’s Prevention of Money Laundering Act (PMLA).
Zilch lands £100m in securitised debt financing ahead of planned IPO
Zilch is preparing to launch its IPO in the next one to two years.
Fintech start-up ZORRZ selects Clowd9 to process payments for new AI-powered BlueAccess credit card
ZORRZ is preparing to launch a financially inclusive credit card.
Société Générale sells neobank Shine to Danish fintech Ageras
Société Générale has been looking for a buyer for Shine since January.
DORA and your uncle Joe
DORA has no appetite to understand why your selective facts are better than the whole truth.
Nium tapped by Air France and KLM for payments solution
The airlines are set to deploy Nium’s Airline Payments solution, starting in Italy.
Abacus Group acquires Tribeca Technology Group to strengthen UK presence
The acquisition follows Abacus’ GoVanguard purchase last year.
TrueLayer names former Banked exec Lisa Scott as new chief strategy officer
Scott previously served as Banked’s CEO for Europe.
We are all living on borrowed time
Together, we can create meaningful change through collective action that can last generations.
Webinar | Watch on demand | Fintech rebound: Unveiling opportunities for 2024 and beyond
Join this free webinar to learn more about the opportunities arising in the fintech industry in 2024.
Demystify Podcast: Demystifying data centres with Bruce Owen, Equinix
Demystifying the essential functions of data centres, including housing critical IT infrastructure.
US Federal Reserve Board issues cease and desist order against Evolve Bank
The bank is alleged to have “engaged in unsafe and unsound banking practices”.
JP Morgan and WeRealize settle Viva Wallet lawsuit
The outcome “could allow Viva to be sold soon”, according to JP Morgan.
Finbourne lands £55m Series B from Highland Europe and AXA Venture Partners
The funds are to be put to scaling the firm in APAC, US and Europe.
The future of fraud detection: how AI revolutionizes your bottom line
Building a proactive fraud shield with AI for unstoppable banking.
Video: Women in Payments at FinovateSpring 2024 – The obstacles women encounter when pursuing careers in fintech
Kristy Duncan from Women in Payments talks about barriers for women entering the fintech sector.
Video: OMB Bank at FinovateSpring 2024 – Open banking trends and how to retain a bank’s customers
OMB Bank’s Stephen Bishop sits down with FinTech Futures to discuss the facilitation of open banking.
Account takeover fraud: the definitive guide
Discover account takeover fraud techniques, impacts, and prevention strategies in this free definitive guide.
White paper: Deepfakes and identity – ensuring authenticity in a synthetic world
Learn about detection solutions and how to safeguard digital identities in this comprehensive white paper.
Blockchain infrastructure platform Paxos to reportedly cut 20% of workforce
Paxos currently claims a balance sheet of $500 million.
Shift4 snaps up majority stake in German POS firm Vectron Systems AG
Shift4 plans to buy “additional ownership of Vectron” through a public tender offer.
