Mahalo Banking secures seven new credit union partnerships
The credit unions have selected Mahalo for its flagship Thoughtful Digital Banking offering.
North America
Nuvei seals deal to acquire Paywiser Japan Limited, launches direct acquiring capabilities in Japan
The acquisition of Paywiser Japan Limited includes an acquiring licence granted by Japan’s METI.
Canada’s Central 1 to transfer digital banking operations to Intellect Design Arena
The move comes after Central 1 announced plans to wind down its digital banking business last year.
Financial connectivity fintech Method raises $41.5m Series B
Method will use the cash to enhance its integration with credit card and network transaction data.
DoubleCheck Solutions names fintech veteran Ashwin Rangan as new CEO
Rangan succeeds co-CEOs Joel Schwartz and Bill Amelio.
US fintech Abrigo acquires Integrated Financial Solutions
Abrigo will acquire IFSLeaseWorks’ automated lease and loan origination tech as part of the deal.
US spend management fintech Ramp unveils three leadership promotions
Ramp has appointed a new CFO, CPO, and EVP of engineering.
Credit union tech provider Clutch raises $65m Series B
With its latest raise, Clutch plans to invest in AI and enhance platform capabilities.
Post Office Employees’ Credit Union picks Sharetec for core banking upgrade
POECU will now run on Sharetec’s web-based core processing solution.
ICYMI fintech funding round-up: Moniepoint, Qomodo, Keyless, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Caseware acquires Aussie financial document processing start-up Extractly.ai
Included in the deal are Extractly.ai’s Validate and Extractly+ data extraction solutions.
Fiserv names PNC exec Michael Lyons as president and CEO-elect
Current CEO Frank Bisignano is set to depart Fiserv on 30 June.
Procurement spend optimisation platform Vertice raises $50m Series C funding round
The round was led by Lakestar with support from Perpetual Growth and CF Private Equity, among others.
US wealthtech Envestnet hires Chris Todd as new CEO
Todd joins the company following a four-year tenure at US software giant Ultimate Kronos Group.
Ally Financial sells credit card business to CardWorks and Merrick Bank
Ally Financial agrees deal to sell its $2.3 billion credit card receivables portfolio.
Embedded payments platform Highnote lands $90m Series B, debuts new acquiring solution
The San Francisco-based start-up has now raised more than $145 million to date.
Gate City Bank selects Lama AI for GenAI-powered loan origination tech
The $3.6 billion-asset mutual bank is deploying the tech to enhance its business lending operations.
JN Bank UK promotes Chris Waring to CEO following £20m SOMU investment
Waring succeeds Paul Noble, who moved to Chetwood Bank in September.
Massachusetts-based The Savings Bank names Raichelle Kallery as new president and CEO
Kallery succeeds Robert DiBella, who retired at the end of December.
Barclays to wind down fintech accelerator programme Rise by “mid-2025”
Barclays launched Rise as an innovation hub and accelerator programme for fintech start-ups in 2015.
Carlyle Group reportedly exploring potential sale of Calastone
According to Reuters, Carlyle Group has engaged Barclays to explore the possible sale of Calastone.
Barclays reportedly in talks with Apple to replace Goldman Sachs as new Apple Card partner
Synchrony Financial is also reportedly in the running for the partnership, according to Reuters.
AML RightSource names Steve Meirink as new CEO, succeeding Frank Ewing
Meirink also joins the company’s board of directors.
TransUnion expands LatAm footprint with $560m deal for majority stake in Trans Union de México
TransUnion is to increase its stake in TransUnion de México from 26% to 94%.
ICYMI fintech funding round-up: Hyperline, Nilus, Klearly, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
iCapital to acquire US investor identity firm Parallel Markets
The alternative investment fintech will use Parallel Markets’ tech to enhance its iCapital Investor Passport solution.
Amazon inks deal to acquire Indian BNPL fintech Axio
The deal follows a six-year equity partnership between Amazon and Axio.
Unicaja partners with Fiserv to advance payments solutions in Spain
The companies aim to develop new tools that “enhance the omnichannel processing of all payment methods”.
Block fined $80m by US state regulators over alleged violations of BSA and AML rules
The settlement follows a multistate enforcement effort involving 48 US state financial regulators.
LemFi lands $53m Series B to tap new markets
The round brings LemFi’s total capital raised to $86 million.
Texas-based Prosperity Bank streamlines collections processes with Akuvo
Prosperity Bank operates 285 branches across Texas and Oklahoma and manages around $40 billion in assets.
What do financial institutions in CEE, DACH, Nordic, and US markets need to know about cybersecurity in 2025? Finding appropriate responses to evolving threats in various markets
How to prepare for upcoming cyber challenges to stay compliant, secure, and ready for 2025 and beyond.
Jennifer Piepszak named new JP Morgan Chase COO with Daniel Pinto set to retire
Pinto will continue to serve as vice chairman of JPMorgan Chase, before his retirement in 2026.
NCR Atleos CFO Paul Campbell steps down, Andy Wamser appointed as successor
Wamser joins NCR Atleos from BlueLinx, where he has served as senior vice president and CFO.
Goldman Sachs launches Capital Solutions group to grow private credit and equity business
The new group will be led by Pete Lyon and Mahesh Saireddy.
CFPB sues Capital One alleging the bank “misled consumers about its 360 Savings accounts”
The CFPB says its lawsuit seeks to “provide redress for harmed consumers” and “impose civil money penalties”.
Truist COO and vice chair Beau Cummins resigns with immediate effect
A Truist spokesperson describes the outgoing exec as “an instrumental leader”.
Boost Payment Solutions appoints Rinku Sharma as new CTO
Sharma succeeds Rick Kenneally as CTO, who retired last year after serving since 2020.
US fintech Brex secures $235m revolving credit facility with Citi and TPG Angelo Gordon
The facility will be used to support Brex’s corporate card offering.
Chainalysis acquires AI fraud detection solution Alterya
Alterya’s technology and team will now be integrated into Chainalysis’ blockchain data platform.
