Cambodia’s Wing Bank selects Ipification for mobile ID verification solution
The bank’s CEO says the new tech will “streamline the authentication process for Wing Bank app users”.
The bank’s CEO says the new tech will “streamline the authentication process for Wing Bank app users”.
The joint venture will focus on the development of embedded finance solutions and financial services apps.
GoLogiq’s executive chairman Brent Suen says the acquisition “is the next of several in our pipeline”.
Vestwell acquires Gradifi Solutions from Morgan Stanley, following its acquisition of E*TRADE Financial.
Between June 2018 and October 2021, DFSA says it found weaknesses in Mirabaud’s AML systems and controls.
It wanted a tech strategy that would help it support customers’ financial needs, while competing with big banks.
David Robert Baxendale and Edward John Macnamara have been appointed as joint administrators.
Rocket Companies also revealed that president and COO Bob Walters is to retire after 27 years with the firm.
PayU says the sale will allow it to focus on “the huge fintech opportunity” in India.
Fintech investment fell in EMEA and APAC, while the US took the lion’s share of global funding.
All of Koyo’s existing loans have been transferred to Capquest for management.
The regulator’s 14-point plan seeks fairer interest rates on UK savings accounts.
The acquisition enables Allfunds to develop its position in Italy as a local paying agent business.
Snoop leverages AI and open banking technology to provide personalised overviews of spending habits.
JB Financial Group took part in the round as a strategic investor, acquiring a 15% stake in the company.
Croissant integrates into merchants’ shopping experiences to offer customers guaranteed buyback value at checkout.
Open Banking Expo returns to the Business Design Centre in London on 18-19 October.
The pilot is expected to last for three months between selected merchants and government employees.
The firm has appointed a new chief product officer, chief of staff, and head of marketing.
The facility has been provided by client funds managed by US investment banking company Neuberger Berman.
Görkem Köseoğlu is to assume the position of chief technology officer from 1 September 2023.
California-headquartered Uplift provides BNPL payment and credit products to the travel industry.
The launch comes just days after the company secured $17 million in a Series A funding round.
The Philippines’ ninth largest bank currently operates over 400 ATMs across the country.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Pollard replaces Niall Booker, who indicated his intention to step down from the position last year.
Pay.UK’s Current Account Switch Service has seen a 50% increase in switches compared to last year.
According to an FCA filing, Jordan Sinclair has been appointed as UK chief executive for Robinhood.
Trintech hopes the deal will “act as a springboard for innovation” for its accounting automation platform.
The announcement follows JFS’s recent demerger from Reliance Industries.
Kozole, who will begin her new role later this year, has spent the last 17 years at UniCredit Group.
Brian Muse-McKenney becomes Episode Six’s first CRO.
The Alabama-based firm aims to “improve financial wellness and eliminate cycles of debt for employees”.
Settle will use the expanded facility to boost its lending to e-commerce and consumer brands.
The app will leverage Currencycloud’s multi-currency virtual accounts for cross-border payment services.
The group’s board of directors says Rose has “agreed by mutual consent to step down”.
The US Federal Reserve has fined Credit Suisse $269 million, with the UK’s PRA issuing a further $119 million fine.
The deal follows GBST’s acquisition of WealthConnect, the Salesforce-based CRM solution, in May.
The joint venture is central to the Italian bank’s strategic plan to strengthen its technology ecosystem.