Innovation Federal Credit Union names Jason Cinq-Mars as new CIO
Cinq-Mars will oversee the credit union’s information, technology and security functions.
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Cinq-Mars will oversee the credit union’s information, technology and security functions.
Silvergate announced it was winding down crypto-focused Silvergate Bank in March 2023.
The deal comes less than a month after the digital trading platform announced its $200 million purchase of Bitstamp.
Hawkins has served as a member of Payments Canada’s board since 2020.
Salt Labs’ CEO Jason Lee will take charge of the neobank’s new Chime Enterprise division.
The consent order, effective 21 May, mandates Thread Bank to enhance its oversight of its BaaS programme.
Rainforest says it provides embedded payment processing tech “purpose-built for software platforms”.
The deal will see Preqin’s data and research tools merge with BlackRock’s portfolio management platform Aladdin.
To support its launch, Arrow raised $110 million in a Series A round in May 2022.
The cuts, actioned by president and CEO Wellington Holbrook, have resulted in the loss of almost 200 positions.
The payments infrastructure firm will use the new funds to fuel product development and customer acquisition.
Haventree serves the Canadian alternative mortgage sector through the broker network.
The Austrian bank will utilise RIVO to digitise its processes for guarantees and letters of credit.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The partnership seeks to “deliver an optimised member-centric experience”.
Nubank plans to harness Hyperplane’s AI expertise to enhance its core machine learning capabilities.
The San Antonio-based bank has deployed the vendor’s single API instant payments platform.
The investment brings the total raised by Norm Ai over the past 11 months to $38 million.
Flexcube will be implemented at Mashreq’s international hubs in Hong Kong, the US and the UK.
Vancity has selected the vendor’s DEP and CBX solutions to digitise member engagement.
Bank Midwest says OnePlace.bank will be “a natural progression” of its OnePlace Capital division.
Funding Circle first announced the planned sale in March and expects to close the transaction this month.
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The start-up operates under identity resolution SaaS platform FullContact.
Venkatesan succeeds Archie Deskus, who has served as CTO for the past eight months.
Global Payments has reportedly been eyeing up the purchase since February.
Sandbox Industries’ chief Chris Zock is to join Verituity’s board of directors.
Georgakopoulos left his role as global head of JP Morgan Payments earlier this month.
Gynger’s Series A was spearheaded by PayPal Ventures.
President Thomas Pluta served on Tradeweb’s board for over six years.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Clip retains its $2 billion valuation following the round.
The cuts are in response to “slower than expected revenue growth”.
The airlines are set to deploy Nium’s Airline Payments solution, starting in Italy.
The acquisition follows Abacus’ GoVanguard purchase last year.
DZ Bank acts as a central bank to more than 700 cooperative banks in Germany.
Apple Pay Later first launched in the US 15 months ago.
The bank is alleged to have “engaged in unsafe and unsound banking practices”.
Bracken succeeds co-founder Barclay Keith, who is stepping down after over five years.
The outcome “could allow Viva to be sold soon”, according to JP Morgan.