Santander reportedly looks to boost investment banking operations with new hires
Reuters reports Santander is making at least 50 new hires in a push to become a major investment banking player.
Reuters reports Santander is making at least 50 new hires in a push to become a major investment banking player.
CTB will utilise the Temenos Banking Cloud to replace its legacy core systems and move to a SaaS model.
In addition to the asset acquisition, many of Tillful’s employees will be joining Nav in senior roles.
The integration seeks to provide wealth managers with the tools needed to boost their digital transformation.
The capital will be used to accelerate its growth in Mexico and fuel its international expansion plans.
Fincom’s AML Sanctions Screening solution won the AML & Compliance Tech of the Future at the awards.
The CFPB has ordered Bank of America to pay $150m in penalties and more than $100m to affected consumers.
Car IQ Pay vehicle wallet enables vehicles to have their own payment accounts to transact directly with merchants.
According to Innovate Finance data, $27.3bn was injected into the industry globally during H1 2023 through 1,714 deals.
The credit union intends to create a modernised user experience for its 37,000-strong member base.
Convera will deploy Temenos’ Payments Hub solution running in the Temenos Cloud to replace its legacy systems.
The round was led by Intel Capital, with participation from new investor Allianz Life Ventures, and existing investors.
With the funds, Jirav plans to fuel product development, expand its customer base and attract new talent.
With the new funding, Collective plans to accelerate AI deployment across its operations and add new features.
Dixon intends to “ensure fast and secure payments” and bolster Allied’s information security practices.
Citi Commercial Bank (CCB) says the new platform has been created “in close collaboration” with its clients.
The new seven-year agreement is to last until 31 March 2030.
The US payments platform is to cut 9% of its workforce by Q3 2023.
Flaws in its US and European payment systems meant that some declined transactions were wrongly refunded.
Apple is reportedly exploring a partnership with HDFC Bank in India to roll out a credit card offering.
Utilising Temenos’ core banking platform, BanCoppel aims to scale its operations and offer more banking services.
The transaction is expected to close by Q1 2024, subject to regulatory approvals and closing conditions.
The start-up has also secured a $150 million consumer lending program with banking partner Pathward.
Leavy joins the company following a decade-long stint at US financial services firm SEI.
Jana has gone live with the solution in an effort to streamline and automate its operational processes.
Christian Channell joins the cloud-native platform following a 25-year career at Goldman Sachs.
Cheqly’s services include business accounts, physical and virtual Visa cards, ACH payments and wire transfers.
Mascoma Bank will utilise VSoft’s Teller Deposit, Branch Deposit and ATM Deposit solutions.
Laser says the deal will help bring cross-asset post-trade capabilities to institutional digital asset investors.
Sources tell Reuters that FIS will keep a minority stake in the business if the deal goes through.
The petition was filed on 26 June and the final hearing on the case is expected on 28 July.
The company says the funding has fueled the growth of its Fintech Fraud DAO consortium, launched last fall.
The bank’s CEO says Avaloq’s solution will enable its clients to have “even more control over their assets”.
Socure has integrated Berbix’s tech to launch its new predictive document verification solution, DocV 3.0.
The credit union will utilise Apiture’s Consumer Banking and Business Banking solutions.
Founding members include Chesapeake Bank, Visa, Airbase, Blockchain.com, Alloy Labs Alliance, iLex, and Novo.
Accusoft’s VirtualViewer provides true cross-platform document support for Java-based applications.
The news marks Robinhood’s third round of layoffs since April 2022.
Cohere.io’s entire team, including CEO Yunyu Lin, will join Ramp as part of the deal.
Sources tell Bloomberg that the layoffs are currently ongoing as the bank looks to cut costs.