Bank Indonesia launches real-time payments infrastructure to broaden financial inclusion
The new payments system will form the “backbone” of a broader retail payment system infrastructure.
The new payments system will form the “backbone” of a broader retail payment system infrastructure.
Acquisition of Blast boosts the number of apps under the Ant Money umbrella.
Funding is made up of a combination of growth capital and liquidity for its revenue-based financing platform.
Kuschnir joined Penta in 2017 following stints at Franzen and Company, Citi and Morgan Stanley.
The penalty is the PRA’s highest ever fine in a PRA-only enforcement case.
MoMo says it will use the cash to expand the suite of financial products available on its ‘super-app’.
Community Bank of the Bay will utilise Fiserv’s Payments Exchange: RTP solution.
Taptap Send reports more than 8x growth since the onset of the pandemic.
The firm has been active in the French retail banking market since 2000.
The bank will take part in Bakkt’s “early adopter program”, set to launch in Q2 2022.
“2021 has been a challenging year for SMEs,” says MODIFI CEO.
Truebill claims 2.5 million members and has doubled its user base in the last year.
Brexit and VAT reform in the EU made 2021 an “eventful year”, says Taxdoo CEO.
The 150-year-old bank will migrate its legacy digital banking solution.
The acquision is expected to add $90m of revenue for MoneyLion.
Simply has provided £650 million worth of support to businesses since it was founded in April 2017.
The FCA says HSBC’s transaction monitoring systems showed “serious weaknesses” between 2010 and 2018.
The round, led by global investment firm KKR, values Anchorage at over $3 billion.
BMO describes the acquisition as the “natural next step” in its North American growth strategy.
Monese has acquired Trezeo, a specialist financial services platform for the self-employed.
The agreement will see Bottomline’s shareholders receive around $57 per share in cash.
Razorpay’s Series F funding round now values the firm at $7.5 billion.
The deal comes less than two months after the firm picked up B2B fintech Juno to drive expansion.
The funding will be used to support national and international expansion.
IBM will help the bank achieve its 2023 digital transformation strategy goals.
Proxymity says it has delivered significant growth since launch in April 2020.
SweepBank is underpinned by Tuum’s core banking platform.
The start-up was formed through a merger of two consumer credit platforms earlier this year.
New cash injection takes the firm’s total capital raised to date to around $65 million.
ING Bank Śląski is now live on Vault for a new consumer lending product.
Open CEO Anish Achuthan says the acquisition will complement his firm’s BankingStack enterprise offering.
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The platform says it blocks over 1,000 attacks per day against its customers.
NatWest is the first of the nine largest UK banks to conduct VRP transactions in a live environment.
With the fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
Ramp will use the cash to drive expansion and further product development.
Finastra’s Fusion Essence Cloud solution will power the bank’s planned subsidiary in the Philippines.
The acquisition will build on Flywire’s existing education payments business.
Mercado Libre says it is looking to “consolidate its value proposition in Chile”.
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