Saldo Bank taps Enfuce to launch its first payment card programme
Enfuce will deliver “over 60,000” Visa credit and debit cards for the programme.
News
Natixis sells private credit business MV Credit to Clearlake Capital
Upon completion of the deal, Clearlake Capital’s credit business will have over $28 billion in AUM.
MidWestOne Bank taps Temenos for digital onboarding solution
The Temenos Digital Onboarding solution has been deployed by the bank as SaaS on AWS.
E-book: The promise and peril of the AI revolution – managing risk
Download this free e-book to gain further insights into building a resilient AI security programme.
Axway completes €330m acquisition of Sopra Banking Software
SBS CEO Eric Bierry has been named as the new deputy CEO of Axway.
EU financial services analytics maturity report
Explore how EU financial services can balance analytics innovation with customer privacy in this free report.
Anthony Watson steps down from role as CEO of The Bank of London
The company’s current chief risk and compliance officer Stephen Bell has been named as its new CEO.
PayPal Ventures leads $15m Series A for Brazilian fintech Ume
The Sao Paulo-based credit platform has also secured a $20 million debt financing facility.
Tarabut buys A2A payments platform Vyne
Tarabut says the move will enable it to bring “A2A payment capabilities to the Middle East”.
Dubai-based paytech Ziina raises $22m Series A ahead of ZiiCard launch
Ziina plans to expand its workforce with “additional hires from global tech giants and fintech innovators”.
Cartoon: Power
This cartoon illustrates the growing electrical cost that is going to be needed to power up our brave new world.
BankDhofar partners Entrust to deploy Tap to Pay services in Oman
BankDhofar claims it is “one of the first banks” to launch Tap to Pay in Oman.
Danish family-focused fintech start-up MyMonii closes down
The Copenhagen-based fintech has now been acquired by undisclosed “new owners”.
BNPL fintech Tabby buys Saudi digital wallet start-up Tweeq
Following the acquisition, Tweeq will continue to operate as an independent entity.
SumUp’s Irish division makes series of senior leadership appointments
SumUp has named a new CEO and CRO of its Irish entity, SumUp Limited.
McLEAR sunsets payment ring programme
McLEAR’s RingPay programme comprises a prepaid account, a mobile app, and a payment ring.
SME-focused digital lender Validus lands $50m debt facility from HSBC
The facility will be deployed through Validus’ Indonesian subsidiary Batumbu.
New digital banking brand launched in Saudi Arabia, NEO
NEO has been launched by Saudi National Bank, with the digital front-end underpinned by Backbase.
Legal & General taps Moneyhub for new pensions dashboard
Legal & General became an investor in Moneyhub back in 2022.
Canadian fintech start-up Hardbacon closes down
Co-founder and CEO Julien Brault writes that the fintech’s operations are now suspended.
Mastercard to pilot Payment Passkey Service in India
Indian payment players taking part in the pilot include Axis Bank, Juspay, PayU, and more.
Crown Agents Bank partners Visa to power cross-border payments in emerging markets
CAB is integrating its FX network into the Visa Direct system via API.
Allica Bank grows bridging finance offering with Tuscan Capital acquisition
Tuscan Capital provides short-term property finance to investors, developers and businesses.
FinTech Futures: Top five news stories of the week – 30 August 2024
Our pick of the top fintech news stories this week includes FNZ, Stripe, Visa, and more.
ICYMI fintech funding round-up: Linker Finance, Thera, Mercately, Creattura, and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
August 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from August.
UK’s Tandem Bank hires former JP Morgan exec Adi Kadle as director of engineering
The bank has also hired a new chief people officer and director of strategic growth.
August 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in August.
Singapore’s DCS Innov acquires digital wallet fintech HolyWally
DCS Innov previously tapped HolyWally to develop its InstaWally solution.
Demystify Podcast: Demystifying fintech in the Middle East and Africa with Said Murad of Global Ventures
In this podcast episode, Dave and Dharm chat with Said Murad, Senior Partner at Global Ventures.
HSBC Innovation Banking UK integrates payment and account services into Numeral platform
Joint clients will now be able to access UK Bacs, FPS, SEPA and Swift payments through Numeral.
FNZ group CEO Adrian Durham to step down
Durham is handing the reins over to former JP Morgan exec Blythe Masters.
US fintech Happy Money hires former Bank of America exec Matt Potere as new CEO
Potere takes the reins from Joe Heck, who departed Happy Money in July.
August 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in August.
Migrant-focused fintech Comun lands $21.5m Series A
The funds add to the $4.5 million seed round Comun raised in December.
New UK climate fintech Zero gears up for end-of-year launch
Zero secured seed funding in 2023 and is now pursuing additional capital through a seed extension round.
Stripe CTO David Singleton to step down after seven years to start own company
Singleton is passing the reins to deputy CTO Rahul Patil, who has been with Stripe for four years.
MoneyGram names Josh Gordon-Blake as new chief digital officer
Gordon-Blake is taking over from Seth Ross, who began the role just last April.
August 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories in August.
Australia’s MyState Bank taps Backbase for Engagement Banking platform
MyState’s new platform supports banking features including payments, PFM, and integrated fraud protection.
