Nuvei to acquire Paya for $1.3bn
With Paya’s acquisition, Nuvei expects to capitalise on domestic and global payments opportunities.
With Paya’s acquisition, Nuvei expects to capitalise on domestic and global payments opportunities.
With Jack Henry’s tech, L&N FCU plans to continue expanding its services while maintaining its “hyper-local approach”.
Prior to Funding Circle, Allocca was chief operating officer (COO) at small business banking provider BlueVine.
The payments software firm is working with financial advisors as it gauges interest levels, sources tell Bloomberg.
The news comes after Wyre was set to be acquired by e-commerce checkout fintech Bolt in April last year for $1.5bn.
Silvergate Capital’s share value dropped by over 40% in response to the financial results.
Coinbase has also been ordered to invest an additional $50m into its compliance programme over the next two years.
Nadine Chakar replaces Sucurrency founder and CEO Dan Doney, who moves to the CTO role.
In a year marked by “significant volatility”, the agencies highlight a number of risks banks should consider.
The combined firm has plans to focus on the burgeoning market of wealth management aimed at Gen Z and millennials.
Watson joins The Clearing House from Swift, and will take up the new role from 1 February 2023.
Grainger brings 20 years of banking and payments experience to his new role.
The CFPB says between 2013 and 2021, the firm “failed to comply” with many electronic money transfer requirements.
FinWise says it selected Finastra to propel its banking business and build on its fintech partnership lending programme.
MacLean brings to the role more than two decades of experience, having spent over 21 years at Celero Solutions.
Initially, Worldline plans on integrating Splitit into its North American processing platform before expanding into other geographies.
The Series B was led by a16z crypto and saw participation from A Capital, King River, Variant, and others.
How industry leaders leverage mortgage-as-a-service to increase minority and first-time homeownership.
Wells Fargo must pay more than $2bn in redress to 16 million affected consumers and a $1.7bn civil penalty.
The bank is expanding its partnership with Finastra to introduce new business payments services.
After January 2024, it is expected that Eschenbach will take up sole CEO responsibilities.
Voyager says the bid “sets a clear path forward” for customer funds to be unlocked “as soon as possible”.
The deal is the latest in a string of acquisitions for LSEG this year.
The start-up offers accounts payable and accounts receivable automation software for SMBs.
Customers will have access to Brim’s full suite of product capabilities powered by the fintech’s tech platform.
Jeffery will lead the company’s core strategic and operational teams.
Visa says the move will enable “greater access” to digital payments in the region.
The new investment brings Dataiku’s total capital raised to date to approximately $600 million.
MICT owns “100% of the operating business and assets” of Tingo after snapping up Tingo Mobile.
Trovata will host JP Morgan Asset Management’s Morgan Money investing application.
Termination of the merger was approved by the board of directors of both Concord and Circle.
Duco’s platform will allow Koho to cut costs, improve data quality and lower its operational and audit risk.
With the new funding, Vic.ai plans to introduce a host of new features on its platform.
Coupa says the deal is expected to close in the first half of 2023.
LSEG has also committed to a $2.8bn cloud-related spend with Microsoft over the life of the 10-year agreement.
The acquisition was funded with 90% cash and 10% stock.
With the acquisition, TreviPay plans to expand its B2B payments network.
Nominations for the 2023 awards are now open.
Texas-based TIB is moving from a proprietary 20-year-old core to a fully outsourced tech model.
The new credit facilities have been provided by Goldman Sachs Bank USA and Silicon Valley Bank.