Alpian CEO Schuyler Weiss resigns to pursue public service in the US
Alpian has named Gianmarco Bonaita, who previously served as the deputy CEO, as the interim CEO.
News
Pepper Money agrees to buy HSBC’s New Zealand mortgage portfolio
On completion, the acquired portfolio is expected to be worth NZ$1.4 billion in outstanding balance.
NatWest taps Icon Solutions for payment modernisation
The bank is seeking to align with the UK’s incoming New Payments Architecture and new ISO 20022 standards.
Wamo strengthens SME services with Modulr BaaS partnership
The partnership is set to enable Wamo to broaden its business account services in the UK and EU.
Israel’s ThetaRay secures $57m to accelerate global expansion
With the fresh investment, ThetaRay plans on expediting its international expansion “across continents”.
JP Morgan Payments taps Network International to strengthen payments acquiring in the Middle East
JP Morgan Payments says the partnership will complement its existing capabilities in the region.
BlinkPay readies New Zealand for open banking with new services
New Zealand’s four largest banks are preparing to instate open banking in May 2024.
UK crypto fintech Altalix acquired by Clear Junction
Altalix was one of the first cryptoasset firms to be registered with the UK’s Financial Conduct Authority (FCA).
Complii Fintech Solutions acquires MIntegrity to reinforce regulatory offering
The acquisition includes an additional $150,000 payment dependent on MIntegrity’s financial performance.
FundBank taps Profile Software for its custody solution
FundBank will automate its custody and portfolio management operations with Profile’s Axia Custody solution.
Gilles BianRosa steps down as CPO of N26 to pursue career in the US
BianRosa is to assume a position on the bank’s supervisory board from this month.
Demystify Podcast: How fintech is revolutionising cross-border payments with Max Faldin, Silverbird
Discover why high-value cross-border payments are such an incredible opportunity for fintech.
LC Financial Holdings completes acquisition of BCM Global for undisclosed sum
LC Financial Holdings will help BCM Global expand its business and develop new services across Europe.
Diego De Giorgi named as new group CFO of Standard Chartered
He succeeds Andy Halford as GCFO and GED, who is preparing to retire in August 2024.
Swift can facilitate tokenised asset transfers between different blockchains, new experiments confirm
The experiments were in collaboration with several major financial institutions, including Clearstream, ANZ and Citi.
Ugandan fintech Asaak acquires FlexClub Mexico for undisclosed sum
The acquisition marks Asaak’s entry into the Latin American market after achieving profitability in Uganda.
Deutsche Bank reportedly makes contact with digital investment fintech Scalable Capital
A potential deal would align with the bank’s continued development of its wealth services over the past year.
ICYMI fintech funding round-up: CredRight, MFast, Maly and OneID
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Scotiabank shakes up senior leadership team with new appointments
Aris Bogdaneris joins from ING to oversee Scotiabank’s digital banking business Tangerine.
Temenos Country Model Banks set for European expansion with Orion licence agreement
Orion is an implementation partner of Temenos, deploying core and digital banking solutions for its clients.
FinTech Futures: Top five stories of the week – 1 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
iBanFirst appoints former SocGen strategist Julien Molez as COO
Molez previously served as head of data and AI strategy for Société Générale from 2019 to 2023.
LHV Bank taps Raisin UK to enter the personal savings market
The move comes as part of LHV Bank’s planned launch of a direct-to-consumer savings product next year.
Banking Technology Magazine September 2023 issue out now
Cover story: WINDS OF CHANGE – Squaring the circle on climate change.
UK sees surge in open banking payments with new monthly high
Open banking payments increased 9.3% between June and July this year.
US Bank and subsidiary Elavon launch new POS solution for small businesses
The solution seeks to help small business owners avoid making a “large upfront investment”.
German payments start-up Ivy secures $20m in Series A funding round
The Valar Ventures-led Series A comes just weeks after a €7.7 million seed funding round led by Creandum.
Delta Capita names Alan Philpot as new CPO
The appointment follows the launch of the company’s distributed ledger services venture in April.
JP Morgan Chase increases stake in Brazilian digital bank C6 to 46%
The US bank first bought a stake in C6 in June 2021.
Nasdaq appoints former UBS executive Sarah Youngwood as CFO
Youngwood will take over from Ann Dennison, who has held the role since 2021.
Providence FCU taps Mahalo Banking for digital banking upgrade
The upgrade will introduce new features including live chat and a personal finance management tool.
MoonPay creates new venture division to fund early-stage start-ups
MoonPay Ventures will focus on early-stage fintechs and Web3-focused start-ups.
PandaDoc buys Denario for consolidated document and payment workflow offering
PandaDoc clients can now “manage, collect and report on invoices alongside their contracts, all in one location”.
Sanjay Singh appointed as new CEO of Azentio Software
Singh has spent much of his career at US tech firm Akamai Technologies.
Lighter Capital secures $130m in funding facilities to fuel revenue-based financing for tech firms
Lighter Capital is aiming to fund “hundreds” of early-stage technology companies.
Goldman Sachs to wave goodbye to GreenSky as proposed sale enters final stages
Some offers for the Atlanta-based fintech are reportedly topping $800 million.
Heather Gantt-Evans joins Marqeta as chief information security officer
US Army Reserves veteran Gantt-Evans will lead the firm’s global corporate and product security strategies.
Rabobank appoints Alexander Zwart as chief innovation and technology officer
Alexander Zwart replaces Bart Leurs, who has served as chief innovation and technology officer since 2021.
Maybank Investment Bank taps Broadridge for securities borrowing and lending offering
Broadridge claims the platform will provide better customer experience and cost management for the bank.
Goldman Sachs sells personal financial management business to Creative Planning
The move is part of the bank’s continued shift to focus on serving ultra-high-net-worth individuals.
