Stephen Bird to exit Abrdn after four years as group CEO
Jason Windsor, who joined Abrdn last year as group CFO, is to step in as interim group CEO.
Jason Windsor, who joined Abrdn last year as group CFO, is to step in as interim group CEO.
Stanbic Bank Kenya first went live with Temenos’ core banking tech in 2010.
PayRetailers recently received its Brazilian payment institution (PI) licence last month.
Finastra says the move will enable LGT to meet the EU instant payments regulatory timeline.
Our pick of the top fintech news stories this week includes JP Morgan Chase, Citi, BBVA, OpenAI and more.
BNPL firms will now be required to investigate disputes, refund returned products and provide billing statements.
The deal marks FE fundinfo’s seventh acquisition in three years.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The $483 million-asset credit union is also making use of Tyfone’s Skip-a-Pay and Quick Pay solutions.
The successful upgrade has launched “a new chapter in banking at Arab National Bank”, says CIO Naif Alharbi.
BBVA has begun deploying 3,000 ChatGPT Enterprise licenses among its employees in Spain.
Kuwait-based Burgan Bank will replace its legacy tech with the TCS Bancs integrated core banking system.
Four founders explain how they made their fintech start-up ideas a reality.
Koc Group has held a stake in the Istanbul-based full-service bank since 2005.
In addition to the funding, the platform has also announced Abhi Pabba as its new chief risk officer.
Fabrick is to leverage its latest purchase to expand its presence into the DACH region.
Vitesse has also appointed former 10x Banking chief Curt Hess as its new US executive president.
Mercado Pago GM Pedro Rivas says the firm’s ambition is to become “the largest 100% digital bank in Mexico”.
The total penalty consists of a £33,880,000 fine from the PRA and a £27,766,200 fine from the FCA.
EFG Hermes has also signed an MoU with Kenzi to enhance its EFG Hermes One trading platform.
The findings are from the regulator’s newly published interim report on scheme and processing fees for cards.
Fideuram first made a $20 million investment in Alpian back in 2022.
Can nature be a guide on how to improve intelligence at the edge of computing networks?
The regulator says it is suing the firm for “deceiving borrowers and illegally extracting fees”.
The bank’s CEO says the partnership will deliver “secure and adaptable financial tools” to consumers.
Chetwood states that the purchase will complement its forthcoming ModaMortgages proposition.
The investment aims to “help connect young people and underserved communities to economic opportunities”.
The bank projects that the new investment will allow it to increase its lending to £500m over the next year.
The Malaysian bank plans to launch a digital Islamic banking super-app “by the end of the year”.
Neuflize Vie was founded in 1990 as part of a joint venture between AXA and ABN Amro.
Agora will use the funding to “accelerate its expansion efforts” and further develop its product offerings.
Iberpay will serve as the clearing and settlement mechanism, through Santander, for OCT Inst transactions.
The Singapore-based start-up plans to utilise AI to further develop its product offerings.
New products include a Passkey service, Visa data tokens and the Visa Flexible Credential for payments.
Almutairi previously served as CTO at STC Pay for nearly five years.
Fullerton will also manage the firm’s global service centres.
Cache Valley Bank also plans to migrate all on-premises software to the cloud over time.
The US-based start-up has also introduced its new “homegrown bank aggregator” called Aerosync.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The tool aims to help small businesses comply with the UK’s upcoming Making Tax Digital initiative.