Flywire acquires Invoiced to enhance B2B payments and software capabilities
Invoiced’s SaaS platform enables B2B finance teams to automate AR processes.
Outsourcing
Atomic to power direct deposit switching for Texans Credit Union through Alkami partnership
Atomic’s solution is available through Alkami’s digital banking platform.
NCR Voyix agrees to sell digital banking unit to Veritas Capital for $2.45bn
NCR Voyix says its digital banking business currently supports “1,300 top-tier financial institutions”.
Bain Capital completes deals to acquire Finova and Iress’ UK mortgages business
Under BCTO’s ownership, the two entities will merge to become a single combined business.
Texas-based TransPecos Banks selects Oscilar’s risk management tech for BaaS compliance
Oscilar has been tapped by the bank for its AI-driven AML Risk Platform solution.
Caribbean-based Proven Bank taps Ireland’s Fenergo for transaction monitoring solution
Fenergo says its solution is designed to reduce false positives and automate manual AML processes.
Stripe selects Newline by Fifth Third Bank to expand its embedded financial services offering
Newline enables companies to launch payment and deposit solutions directly with Fifth Third Bank.
July 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in July.
July 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
FinTech Futures: Top five news stories of the week – 26 July 2024
Our pick of the top fintech news stories this week includes Revolut, UniCredit, Modulr and more.
Fortis buys NetSuite payments division of MerchantE
Fortis says it has a “robust pipeline of feature enhancements” prepared for the division.
Rabobank taps Zafin to upgrade pricing, billing and invoicing capabilities
Zafin’s tech will provide a “consistent view of product, billing and invoicing information across all channels”.
Video: Nationwide at Money20/20 Europe – AI and multi-cloud architectures
Nationwide’s Otto Benz discusses the intriguing intersection between multi-cloud architectures and AI.
Video: Griffin at Money20/20 Europe – From licence to longevity
Griffin CEO David Jarvis discusses the bank’s licensing journey and what’s next in store.
First Global Bank in Jamaica partners Profile Software for digital Finuevo Suite
The partnership is set to equip the bank with new digital onboarding and loan origination facilities.
America First Credit Union taps Loquat for small business onboarding solution
The credit union will apply Loquat for digital account opening, payments, reporting and virtual cards.
What the FinTech? | S.5 Episode 11 | Banking Tech Awards 25th anniversary special with Monument
In this podcast episode, we chat with Sudip Dasgupta, CTO at Monument Bank and Banking Tech Awards judge.
Azqore selects Volante Technologies’ PaaS tech for SEPA instant payments
Azqore previously selected Volante to accelerate its ISO 20022 adoption programme in 2022.
State of play: cloud in financial services
It’s easy to forget that until recently, cloud was seen as the most transformational technology in FS.
Last chance to register for Banking Tech Insights on 11 July in London
Join us on 11 July for an exclusive half-day event around building a modern tech stack at financial institutions.
US FDIC issues consent order to Thread Bank
The consent order, effective 21 May, mandates Thread Bank to enhance its oversight of its BaaS programme.
US start-up Payabli raises $20m in Series A funding round led by QED Investors
The payments infrastructure firm will use the new funds to fuel product development and customer acquisition.
Canada’s Haventree Bank partners Temenos for new core banking platform
Haventree serves the Canadian alternative mortgage sector through the broker network.
ICYMI fintech funding round-up: Ximple, Hero, Curve, Chift and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Video: Fintech insights – the evolving embedded finance and BaaS landscape
Financial services professionals discuss what’s next for embedded finance and BaaS.
June 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over June.
June 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
Canada’s Vancity taps Intellect Design Arena for digital engagement upgrade
Vancity has selected the vendor’s DEP and CBX solutions to digitise member engagement.
Bank Midwest launches new digital bank for US healthcare industry powered by Finastra
Bank Midwest says OnePlace.bank will be “a natural progression” of its OnePlace Capital division.
June 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
What the FinTech? | S.5 Episode 10 | Generative AI and cloud core modernisation
In this podcast episode, we chat with Zac Maufe, Head of Regulated Industries at Google Cloud.
Verituity secures $18.8m round led by Forgepoint Capital and Sandbox Industries
Sandbox Industries’ chief Chris Zock is to join Verituity’s board of directors.
BaaS fintech Unit to reduce workforce by 15%
The cuts are in response to “slower than expected revenue growth”.
US Federal Reserve Board issues cease and desist order against Evolve Bank
The bank is alleged to have “engaged in unsafe and unsound banking practices”.
Agora acquires Clear shift’s real estate division
Clearshift is to continue managing the division’s payment and compliance functions.
Moldindconbank taps Salt Edge for PSD2 compliance in Moldova
Moldindconbank is to leverage the vendor’s open banking compliance solution.
AlphaSense acquires rival Tegus for $930m, valuation tops $4bn
AlphaSense has raised $650 million in conjunction with its latest purchase.
ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Alkami names former SVB exec Gagan Kanjlia as new chief product officer
Kanjlia previously spent 15 years at Capital One, holding several senior leadership positions.
CSG acquires Florida-based paytech iCG Pay in $17m deal
The deal also includes additional earn-out sums tied to performance goals.
