Santander partners VC firm Forgepoint for new cybersecurity investment company
The bank is expecting to invest up to €300m in the strategic partnership.
The bank is expecting to invest up to €300m in the strategic partnership.
HSBC will upgrade and migrate select database systems to Oracle’s Exadata Cloud@Customer platform.
The facility will be used to build out a central finance hub for small business owners in the UK and US.
Crowdz will implement three GoCardless open banking-powered payment features across four markets.
The round was led by Global Founders Capital with participation from Sequoia Capital and Block.
Holbrook first joined the firm as COO in 2020 and was made CEO in February this year.
“The concept of being broad, with a consumer footprint, is not really playing to our strength,” says CEO.
The 12th NextGen Payments & RegTech Forum is taking place on 2-3 November in Cyprus.
CRO Erich Gerber, who only joined the company in March, has left the business “effective immediately”.
We chat with Carl Slabicki of BNY Mellon about current payments trends and the growing adoption of RTP.
Union Bancaire pour le Commerce et l’Industrie (UBCI) modernises trade and cash management tech.
Shoreline Credit Union will refer its commercial members to VizyPay for specialised payments solutions.
Gatehouse Bank agreed to settle early, which led to a 30% reduction to the original penalty of £2.2 million.
Named Crypto Source, the new offering is being developed in partnership with Paxos.
The debit card, launching soon, aims to reward sustainable businesses.
The firm took the DNB to court earlier this year over the use of AI/ML technology for AML checks.
Dan Henry has been terminated as CEO and president of the company and resigned from the board as of 14 October.
We speak with Dan Globerson of NatWest about the bank’s open banking strategy.
We chat with Derrick Walton of Bank of America about how cross-border payments have evolved.
McEwan most recently served as CTO at European freight-forwarding firm Sennder.
We chat with Lynn Ng of ING about whether cross-platform interoperability in trade finance is possible.
The bank has migrated the operations of Scotiabank (Belize) onto Finastra’s Fusion Essence platform.
The savings account will allow Apple Card users to deposit their “Daily Cash” rewards automatically.
The new capital takes NorthOne’s total funding raised to date to more than $90 million.
In her new role, Woods will be responsible for leading Cleo’s product strategy.
Brex is set to lay off 136 employees – approximately 11% of its total workforce.
At Sibos 2022, Brim Financial’s Meenaz Sunderji discusses the evolving retail and corporate card landscape.
The firm has received approval from the Federal Reserve and the Office of the Comptroller of the Currency (OCC).
“This partnership is designed to help everyone get on top of their finances,” the two firms say.
The fundraise was a mix of $154 million in equity and $150 million in structured capital.
Vert is a payment acceptance and banking services solution for SMEs.
BVNK is looking to expand across the European Union and beyond.
The new funding brings the total capital raised by Step to $500 million in equity and debt.
With the fresh funding, Mercantile plans to further its product development, build partnerships and expand its teams.
Tunisia-based Union Bancaire pour le Commerce et I’Industrie (UBCI) has implemented Profile’s Acumen.plus.
The ICYMI round-up brings to you the latest funding news from around the world, every week.
A handy round-up of the recent funding endeavours of fintech companies across the US.
The partnership, which had been in the works for “many months”, has four parts to it.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
We chat with Natalie Blyth of HSBC to discuss the bank’s push to hit net-zero targets.