BNP Paribas partners Ant International to enhance cross-border payment solutions in Europe
The pair will also work to “explore innovations in tokenised deposits for global treasury management”.
The pair will also work to “explore innovations in tokenised deposits for global treasury management”.
The funding round also saw participation from Californian VC Andreessen Horowitz.
The OCC and the Federal Reserve Board have fined Citigroup $75 million and $60.6 million, respectively.
Partior was founded as a joint venture between JP Morgan, DBS Bank and Temasek in 2021.
TBC UZ claims to be the country’s largest mobile-only bank, boasting a 15 million-strong user base.
Diamond was a longstanding client of Cubus Solutions, which Tyfone acquired in 2023.
The survivors from the ‘mass start-up extinction’ event might still not be ready to invest for growth.
Cover story: MONEY TALKS – Cash still playing an important role in society.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Intuit plans to hire 1,800 new workers to support the firm’s aim to capitalise on the “AI revolution”.
Our pick of the top fintech news stories this week includes Envestnet, Dosh, Innovate Finance and more.
Reverence Capital is also participating in the transaction, alongside a consortium of additional investors.
The bank will gain access to “current and future Mistral AI commercial models”.
Shrauger previously served as CEO and chairman of Airbnb’s US payments arm for over four years.
The bank is leveraging the ACI payments platform to realise a “75% efficiency boost”.
The challenger had its governance, worker, customer, environment and community standards verified by accreditor B Lab.
Part of the funds have been earmarked to build Nala’s B2B payments platform, Rafiki.
The credit union will apply Loquat for digital account opening, payments, reporting and virtual cards.
The acquisition of Solv Malaysia has been completed, while the Solv Vietnam purchase remains ongoing.
Total investment in fintechs worldwide amounted to $15.9bn in H1 2024, compared to $19.5bn in H2 2023.
Delta Capita previously purchased LSEG’s CLM compliance solution, Client On-Boarding, in April.
Dosh is aiming to become New Zealand’s “first locally-owned, digital-only bank”.
Tilly previously served as CEO and chairman of CBOE Capital Markets for over 10 years.
The latest funding adds to the firm’s $25 million Series B round in 2023.
The bank will integrate Personetics’ AI engagement engine into the Q2 platform.
The Mambu implementation is underway, with plans to go live “in the coming months”.
In this podcast episode, we chat with Sudip Dasgupta, CTO at Monument Bank and Banking Tech Awards judge.
Azqore previously selected Volante to accelerate its ISO 20022 adoption programme in 2022.
Vikram previously served as Citibank India’s head of commercial banking for over nine years.
The potential deal could be announced as early as this week, according to a report by Reuters.
Westvig first joined TymeBank in 2023 through its acquisition of Retail Capital.
FFBKC aims to leverage Jack Henry’s tech to extend its services to SMBs.
The start-up will leverage the partnership to launch deposit accounts and home purchase plan mortgage services.
Paola Rengifo and Miguel Ángel Treceño are the latest additions to Allfunds’ leadership team.
NatWest will apply OneID’s bank-verified digital identity solution to its structured finance business in the Nordics.
The payments giants originally agreed to the caps to settle an EU antitrust investigation in 2019.
The exploratory study will focus on “real-time cross-border and cross-currency payments”.
SCB says the partnership will enhance its financial transaction processing performance for deposits and loans.
The fintech plans to use the funds to “complete key acquisitions” and “rollout new products”.
ABA CEO Anna Bligh says the CDR initiative has “not realised its potential”.