UK regulators issue joint proposals to tackle risk of financial instability posed by CTP dependency
The regulators are accepting feedback and expect to publish final requirements by H2 2024.
The regulators are accepting feedback and expect to publish final requirements by H2 2024.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Goodall joins Funding Circle from Coconut, a UK-based bookkeeping start-up he co-founded in 2016.
This latest investment brings Pontera’s total funding to date to $160 million.
The raise follows on from the company’s $180 million Series E round in June 2021.
Founded in 2014, the Toronto-based fintech offers a full-service spending and savings account.
Sky News reports that if the deal goes through, the combined entities will manage nearly £90bn in assets.
Liberis plans to go live in Canada, Germany and Poland in 2024.
The company has promoted Paul Dunn to CEO, APAC and Chris Spencer to CEO, EMEA.
The new licence means the firm can now offer essential banking services such as deposits and lending.
FINTRAC says it uncovered three administrative violations by RBC during an examination last year.
ZestMoney’s leadership team has reportedly informed employees of its decision to wind down by the end of the month.
Llewellyn-Jones was previously chief product officer, capital markets at Broadridge.
Demystifying what is holding BaaS back from broader adoption and what it takes to create a successful BaaS venture.
The platform seeks to “cut through crypto trading complexity” for financial services companies.
The partnership will enable Allica’s business customers to make “transparent and low-cost” international payments.
The solution works to consolidate the bank’s previously fragmented data sets for its global markets business lines.
The global network aims to boost the economic development of the Amazon region.
Templestein shared a letter he sent to his co-workers announcing his departure last week.
O’Beirne joins from Bank of Ireland, where he spent almost 20 years in various senior roles.
Fourthline’s tech will help the firm authenticate identity documents, electronic signatures and biometric data.
Jack Henry says its open banking infrastructure was the decisive factor for CU1 to migrate its core.
Zaripov initially departed the platform in October 2018, after a 15-month tenure as managing director.
Crypto.com says it now plans to roll out a suite of e-money products customised for the UK market.
Matthew Cheung, CEO of ipushpull, discusses how AI is being put to work within capital markets.
The watchdog says more than 5,000 of Intesa Sanpaolo’s own customers sought its intervention.
Plum intends to grow its presence in Greece as well as the surrounding region.
The aim of the strategy is to “develop pan-European solutions for payments at the point of interaction”.
Cook previously served as chief innovation officer at Valley National Bank for 11 months.
Founded in 2022 by Idriss Al Rifai, Flow48 provides revenue-based financing to SMEs.
Through an “easy-to-understand” app, Kaldi hopes to encourage people to start saving and investing earlier.
The round was led by Australian bank Westpac and cloud-based financial services platform nCino.
Check out the winners and highly commended from the 24th annual Banking Tech Awards ceremony.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
SoFi’s cryptocurrency services will formally end on 19 December.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round includes strategic investments as well as participation from existing investors.
The bank is due to cut around 800 jobs as it looks to save up to £50 million per year in costs.
Stanton previously spent the best part of two decades in senior roles at Mastercard.