Panamax expands global reach with Acute Informatics acquisition
Panamax’s CEO says the acquisition of India-based Acute is a “strategic move to expand our horizons”.
Panamax’s CEO says the acquisition of India-based Acute is a “strategic move to expand our horizons”.
LifeSync, available from March, will sit within the Wells Fargo mobile app.
The fintech’s board dismissed Bally over differences in approach to “leadership and communications”.
Late-paying users will be hit with a £5 fee from 16 March, City AM reports.
Sources tell CNBC-TV18 that Paytm didn’t want to give up management control.
Chung most recently served as vice president of product, design and engineering at SoFi.
Pega claims its low-code platform will save Shawbrook underwriters 1,500 hours a month.
The new additions are: Paulette Rowe, Shane Happach and Lynn McCreary.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Via the partnership, the pair have developed Santander PathFinder, an automated investment management tool.
The job cuts were made in response to “significant decreases” in mortgage volumes, Wells Fargo says.
Euronext has submitted an “indicative offer” to Allfunds’ board of directors.
Hubble joined RTGS in April last year as its chief commercial officer.
Ajay Banga has been nominated to lead the World Bank following the resignation of David Malpass.
With the partnership, Clarency’s global customers will be able to send and receive payments on the Swift network.
A handy round-up of this week’s fintech funding news from across the world.
Goldfeder brings more than two decades of experience working in the private and public sectors.
The acquisition will see CoreLogic integrate Roostify’s platform with its own data, analytics and workflow solution.
According to Sky News, the claim could be worth well over £10 billion.
Arvest claims it is the first US bank to offer lending capabilities on Thought Machine’s core.
The CSA has laid out enhanced investor protection commitments it expects from exchanges operating in Canada.
The OWF intends to provide the “software engine” that organisations can use to develop digital wallets.
Tap to Pay allows businesses to accept contactless payments using an NFC-enabled Android device.
The Co-operative Bank is the frontrunner amid a bidding war being run by consultancy Deloitte, Sky News reports.
Sopra Banking Software will design, build and support the bank’s savings and lending products.
The five-year contract was signed on 15 February 2023.
Banesco will deploy AML RightSource’s Automated EDD (Enhance Due Diligence) solution.
Lyra will utilise Napier’s transaction monitoring solution to ensure its compliance with regulatory requirements.
The firm has also bagged £8.5 million in a Series A funding round led by QED Investors.
Additional investors in the Series A round were Deutsche Bank and 1835i Ventures.
Mizuho will use SymphonyAI Sensa to boost AML protection within its European capital markets division.
The integration allows banks to share standardised e-invoices with Saudi tax office Fatoora.
Under the new partnership, SmartSave’s fixed rate accounts will be made available to Flagstone clients.
The proposed framework will bring virtual assets in line with securities brokers and automated trading venues.
PayPal Ventures led the funding round, with new and existing investors also participating.
Longhini joins from Edmond de Rothschild where he was CEO of private banking.
The MAS and RBI will use a scalable cloud-based infrastructure to manage future increases in remittance volumes.
Bunq reported a pre-tax profit of €2.3 million over Q4 2022.
While blockchain is known for crypto, the Commission says the tech has a “wider utility” beyond financial services.
With the partnership, Indó will have access to Lucinity’s transaction monitoring and case manager solutions.