JP Morgan Payments head Takis Georgakopoulos to step down after 17 years at the bank
Umar Farooq and Max Neukirchen have been named co-heads of global payments, effective immediately.
Umar Farooq and Max Neukirchen have been named co-heads of global payments, effective immediately.
FIL aims to achieve fivefold growth over the next five years through its collaboration with Temenos.
The round values the firm at $1.4 billion, down 30% from its previous valuation of $2 billion in 2022.
The deal also includes additional earn-out sums tied to performance goals.
Papara will leverage DriveWealth’s Brokerage-as-a-Service tech to launch a new US stock investment product.
The bank is utilising Mastercard’s open banking platform and Nvidia’s accelerated computing and AI capabilities.
The bank has partnered with Finastra to leverage its Essence solution in the cloud.
The PSR will commence the recruitment process for a new permanent MD after the UK general election.
In this podcast episode, we chat with Andy Lowe, EMEA Head of Business Development for Technology at Bank of America.
Nitsopoulos brings over 23 years of experience to the role and joins from US financial services giant PNC.
Morpheus will initially provide bridging loans of up to £750,000.
The start-up claims it is “on track” to achieve break-even in 2024.
The app has been launched in beta and is currently inviting “user input for refinement”.
Allpay provides a range of payment channels to approximately 90% of the UK’s leading 200 housing associations.
Monzo has reported a profit before tax of £15.4 million, compared to its £116.3 million loss in FY2023.
Oliver White, Funding Circle’s CFO, has also announced his intention to step down from his role.
As advances in AI open a new frontier for the investment industry, explore how COOs can capitalise on the advantages technology has to offer.
The settlement will see Visa pay $104.6m, while Mastercard will pay $92.8m.
The start-up launches with stocks and shares ISAs, GIAs, and a five-year amortising “Boost” loan option.
Forward aims to collaborate with SaaS firms to increase their revenue by “two to three times”.
Bresler previously held the position of deputy head of sales trading in Saxo’s Singapore office from 2016 to 2018.
The framework also highlights the controls which will help firms mitigate governance and asset management risks.
Congratulations to all the winners at this year’s Banking Tech Awards USA!
CBC Bancorp will purchase Bay Community Bancorp in an all-cash deal valued at $14 per common share.
Our pick of the top fintech news stories this week includes HSBC, XYB, ABN Amro and more.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures takes a look back at five of the top AI stories from May.
FinTech Futures takes a look back at five of the top payments stories during May.
The funds have been earmarked to fuel the company’s expansion in North America.
Joyce previously advised XYB on its upcoming split from Monese as well as its latest fundraising endeavours.
FinTech Futures takes a look back at five of the top new launches during May.
Richard Heis and Edward Boyle of Interpath Advisory were appointed as joint administrators on 28 May.
Adams will succeed Bob Santella following his six-year tenure in the role.
The start-up is aiming to “revolutionise business banking by redefining what ‘fair banking’ truly means”.
Four fintech founders reflect on their start-up journeys and give their key takeaways for aspiring entrepreneurs.
The firm claims to be the world’s first “FinText” company.
FinTech Futures takes a look back at five of the top M&A deals in May.
The collaboration aims to “help validate bank account details used in international payments to Australia”.
Worldline has been a long-standing partner of Banque Raiffeisen, providing it with a number of payment services.
The Relay platform is designed to “help small businesses take control of their cash flow”.