Backbase hires Chris Shayan to lead integration of AI into Engagement Banking platform
Shayan will head the integration of LLMs into the fintech’s Engagement Banking platform.
The latest fintech news, resources and expert analysis in the Netherlands by the leading intelligence provider for the worldwide fintech community.
Shayan will head the integration of LLMs into the fintech’s Engagement Banking platform.
The airlines are set to deploy Nium’s Airline Payments solution, starting in Italy.
BridgeFund will leverage the platform to “expand its account volumes and product offerings”.
Money20/20 Europe leveraged its swan song to highlight a string of progressive initiatives for fintech founders.
Leading figures from financial services gathered in Amsterdam for day two of Money20/20 Europe on Wednesday.
Day one’s proceedings took a specific focus on the topics of AI, tokenisation and digital modernisation journeys.
The bank is utilising Mastercard’s open banking platform and Nvidia’s accelerated computing and AI capabilities.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The start-up is aiming to “revolutionise business banking by redefining what ‘fair banking’ truly means”.
The deal is expected to close in Q1 2025 pending regulatory approvals.
The Malaysian bank plans to launch a digital Islamic banking super-app “by the end of the year”.
Neuflize Vie was founded in 1990 as part of a joint venture between AXA and ABN Amro.
The credit union’s implementation of Mambu in Canada arrives in tandem with the UK launch of MV Solar.
Airwallex’s tech will power Bird’s in-house foreign exchange engine and issuing solution.
The building society is to leverage its Mambu core to build new mortgage and savings products.
NFCU is “continuing to standardise” with the fintech’s engagement banking platform.
CAB Payments Europe has been granted a PSP licence from De Nederlandsche Bank (DNB).
The London-based lender provides longer term fixed-rate mortgages and soft launched last month.
The acquisition will enable Levenue to boost the footprint of its revenue-based financing marketplace.
The start-up now plans to expand across Europe with a focus on the EU’s incoming NIS2 directive.
The partnership will enable the bank’s merchant clients to accept payments on their mobile phones.
Utrecht-based PSP Buckaroo will assume management of the bank’s debit card acquiring contracts.
Gupta succeeds Marina Khaustova in the role, who will now shift to the position of COO.
The Amsterdam-based start-up has now raised over €100 million to date.
The platform’s search is currently focused on companies with EMI/PI licences and revenues of up to $5 million.
Making life difficult for fraudsters but easier for business is the real success story, says SurePay.
The Dutch paytech is looking to expand its presence and break into the neighbouring market of Germany.
Backbase’s tech will be implemented across the bank’s digital channels “progressively” over the next few years.
The potential acquisition would value the Dutch payments firm at $200 million, Reuters reports.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Dubbed Finn, the platform allows users to ask advanced questions or seek advice about their finances.
We chat with Bjorn Holmthorsson, Managing Director at Five Degrees, and Jamie Burink, Business Head at Fyndoo.
First Bank’s Bala Nibhanupudi says it’s “the final step in our years-long digital transformation journey”.
The bank plans to streamline the onboarding of new clients with enhanced KYC processes.
ABN Amro hopes the deal will help it gain a foothold in the retail investment space.
Fourthline’s tech will help the firm authenticate identity documents, electronic signatures and biometric data.
Picus Capital, Coatue, Crane Venture Partners, Inkef, and a number of angel investors also participated in the round.
Levenue provides a marketplace for subscription-based businesses to connect with investors and access financing.
The acquired solutions will boost the development of EPI’s digital wallet Wero, which is launching next year.
Mollie CEO Koen Köppen says securing the new licence is “a huge milestone”.