Cross River Bank Group launches new investment banking unit
The group’s new investment banking unit will be co-led by Benjamin Samuels and Henry Pinnell.
News
Finnish fintech Basware names new CIO and head of AI
Barrett Schiwitz joins as CIO and Anssi Ruokonen as director of AI research and enablement.
Enfuce appoints new chairman, secures UK EMI licence from the FCA
Former Tink UK CEO Laurence Krieger has been named as chairman of Enfuce’s UK board of directors.
Blackstone buys $1.1bn of US credit card debt from Barclays
Barclays says it will use the proceeds of the sale to fund an extension of its US lending activities.
BNY Mellon names Gary Delaney as new international CISO
Delaney will report to Matthew McCormack, who leads the bank’s Information Security Division.
Lithuania’s Šiaulių Bankas taps Temenos for core banking upgrade
Šiaulių Bankas aims to leverage Temenos’ tech to double its number of clients to one million by 2029.
Canadian paytech Helcim completes $20m Series B funding round
The recent round adds to the company’s $12.7 million Series A funding raised in 2022.
Money20/20 Asia unveils stellar lineup: over 120 speakers and industry experts confirmed
Money20/20 Asia 2024 will be held at the Queen Sirikit National Convention Center in Bangkok, Thailand.
UK challenger GB Bank appoints Mark Sismey-Durrant as new chair
Sismey-Durrant replaces Mike Kirsopp, who has left the company to return to an executive career.
Crédit Agricole CIB taps Demica to launch new receivables and supply chain platform for APAC
Crédit Agricole CIB hopes the platform will appease “the increasing demand for supply chain finance” in APAC.
Quaint Oak Bank taps Finzly to modernise payments infrastructure
Quaint Oak aims to realise its modernisation ambitions by leveraging Finzly’s Payment Galaxy platform.
Viva Republica’s Toss Bank announces Rhee Eun-mi as first female CEO
Rhee Eun-mi joins from DGB Daegu Bank, where she has been serving as CFO and managing director.
Diamond Trust Bank Uganda partners TerraPay to enhance cross-border transfer processes
TerraPay says the union will enable the bank to “facilitate direct account deposits from any part of the world”.
Vencora acquires Crealogix to bolster banking tech portfolio
Vencora now owns 99.07% of Crealogix’s issued share capital and voting rights.
CAB Payments CEO to step down, former Vanquis Banking Group CFO Neeraj Kapur set to take over
Bhairav Trivedi is stepping down as CEO of CAB Payments after three years in the role.
Raqami Islamic Digital Bank in Pakistan partners Codebase Technologies for Digibanc platform
Raqami was granted in-principle approval to operate digital financial services in the country last year.
Vietnam International Bank taps AWS and Temenos for cloud core banking upgrade
VIB will be the first Vietnamese bank to deploy the Temenos R23 core banking system on a cloud platform.
South Korea’s FSC announces two new initiatives to expand open banking
The two new initiatives will bring changes to how open banking data is used in the country.
Bank Danamon partners Helicap to bring growth capital to Indonesia’s financially underserved
The duo are hoping to create a “one-stop solution” for non-dilutive growth capital.
PayComplete appoints former co-president Simon James as new CEO
The firm says James will be responsible for the “ongoing centralisation process of the PayComplete brand”.
UAE start-up Dunes Financial acquires Be Mobile Africa’s tech assets
Be Mobile Africa’s CEO says the “sale of non-financial assets injects vital financial resources” into the firm.
Danske Bank appoints two new execs to lead technology and data strategy
Swift’s Richard Davis joins as CTO, while Christoffer Kanstrup has been promoted to chief data officer.
Quai Digital selects WealthOS as new strategic technology partner
Quai Digital CEO Tony Webb says the collaboration will enable the company to “grow our operational capability”.
ICYMI fintech funding round-up: Zūm Rails, Pulsate, Monite, Spektr and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Security Bank selects Avaloq to digitise wealth management business
The bank will leverage the Avaloq Core platform and its Relationship Manager Workplace solution.
FinTech Futures: Top five news stories of the week – 23 February 2024
Our pick of the top fintech news stories this week includes Capital One, Toast, Xalts and more.
Africa and Gulf Bank partners Orion Innovation for Temenos core banking upgrade
The bank has opted to leverage Temenos Transact and Temenos Infinity for its digital upgrade.
Dayforce selects Green Dot as BaaS partner for on-demand pay solution
Green Dot will facilitate all banking services for Dayforce Wallet customers in the US.
Australia’s Judo Bank appoints Chris Bayliss as new CEO and managing director
Bayliss succeeds Joseph Healy, who is stepping down after a seven-year tenure as CEO.
Colombia’s Simetrik secures $55m Series B round led by Goldman Sachs
The recent cash injection adds to Simetrik’s $24 million Series A raised in 2022.
Nick Harding steps down as CEO of UK lender Fluro
Writing on LinkedIn, Harding says he will announce his “next professional adventure shortly”.
Abu Dhabi Islamic Bank digitises cross-border services with ProgressSoft
The UAE-based bank has integrated the vendor’s PS-PayHub platform.
Case study: Italy’s Credem Banca migrates to ASEE Security Cloud
Learn how Italy’s major banking group Credem migrated all its clients to the ASEE Security Cloud.
UK regtech Napier AI secures £45m funding from Crestline Investors
Napier AI claims that since 2021, its top-line revenue has grown at more than 30% year on year.
FinTech Wales completes new CEO search with appointment of Sarah Kocianski
Kocianski succeeds Sarah Williams-Gardener, who has transitioned to the role of chair.
Teachers Federal Credit Union partners Corridor Platforms for credit decisioning tech
The New York-based credit union has signed for Corridor Platforms’ digital decisioning platform.
UNO Digital Bank’s parent company secures $32.1m funding to fuel growth
UNOAsia will use the funding to strike profitability for UNO Digital Bank in the Philippines.
Ozone API appoints former Virgin Money CEO Dame Jayne-Anne Gadhia as new board chair
Gadhia was CEO of Virgin Money from 2007 to 2018, where she led the acquisition of Northern Rock.
Commerce Bank taps Temenos for loan origination solution
Commerce claims Temenos will enable a “five minutes or less” end-to-end loan origination process.
FHLBank of Pittsburgh selects SimCorp Dimension for investment management
The bank has signed an eight-year agreement with the vendor for SimCorp Dimension.
