Progressive Building Society taps Jade ThirdEye to fight financial crime
Progressive says it wants to enhance its ability to detect money laundering and financial crime.
Progressive says it wants to enhance its ability to detect money laundering and financial crime.
An insider reportedly told Sky News that there was “heavy competition for the asset”.
Coinbase CEO and co-founder Brian Armstrong says he is “still optimistic about our future and the future of crypto”.
With Paya’s acquisition, Nuvei expects to capitalise on domestic and global payments opportunities.
With Jack Henry’s tech, L&N FCU plans to continue expanding its services while maintaining its “hyper-local approach”.
The solution means corporates can now offer business buyers deferred payments at checkout through a single API.
The bank says deploying Boost.ai’s solution has led to an increase in customer satisfaction scores.
Netcetera’s 3D secure server solution reduces the risk of non-authenticated transactions.
Zingmark joins Loomis Pay from Nordea, where he worked for over eight years in various roles.
Murphy will join NBS in March, leading the firm’s finance team and tasked with driving its strategic growth.
The US saw the highest number of fintech funding in 2022 at $39 billion, followed by UK and India.
Sawyer has previously served as CEO of cryptocurrency exchange Bitstamp, and was co-founder of Starling Bank.
After the restructuring, “no shareholder, alone or jointly with other parties, will have control over Ant Group”, the firm says.
Mashreq Neo is the digital offshoot of UAE’s Mashreq – “a bank for a brilliant new world” – launched in 2017.
Prior to Funding Circle, Allocca was chief operating officer (COO) at small business banking provider BlueVine.
Axis Bank says its new product will help save customers time and effort with a fully digital authentication process.
The payments software firm is working with financial advisors as it gauges interest levels, sources tell Bloomberg.
The deals follow Twenty7tec’s acquisition of fellow UK fintech Bluecoat Software in June last year.
Jupiter says the funds will go towards scaling up the neobank’s suite of lending products.
The news comes after Wyre was set to be acquired by e-commerce checkout fintech Bolt in April last year for $1.5bn.
The news follows KreditBee’s $80 million fundraise as part of its Series D funding round last month.
Silvergate Capital’s share value dropped by over 40% in response to the financial results.
TCS says its core system will “support the bank’s growth aspirations over the next decade”.
Digital-only Next Bank is backed by Taiwan’s largest telecom operator, Chunghwa Telecom.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Coinbase has also been ordered to invest an additional $50m into its compliance programme over the next two years.
Nadine Chakar replaces Sucurrency founder and CEO Dan Doney, who moves to the CTO role.
Sydney’s Grapple landed $35 million in a warehouse debt facility from Global Credit Investments (GCI).
The Open Banking Lab will provide a technical testing environment to ensure compatibility with the country’s Open Banking Framework.
The funding will support Akulaku’s anticipated growth as it looks to provide banking services across Southeast Asia.
In a statement, BharatPe says that Sameer will “transition” from CEO to strategic advisor on 7 January 2023.
Smartpay claims it is the first digital consumer finance firm to utilise Japan’s open banking system.
Accelerate your SME lending with quick credit approvals.
The Bank of Spain has initiated registration for crypto providers as it seeks to clamp down on money laundering.
In a year marked by “significant volatility”, the agencies highlight a number of risks banks should consider.
The combined firm has plans to focus on the burgeoning market of wealth management aimed at Gen Z and millennials.
Founded in 2018, SarvaGram last raised $10 million in a Series B funding round in 2021.
N26’s CFO and interim COO Jan Kemper has jointly agreed with the bank to step down from his role.
Watson joins The Clearing House from Swift, and will take up the new role from 1 February 2023.
Grainger brings 20 years of banking and payments experience to his new role.