Mechanics Cooperative Bank selects Finastra’s Payments To Go solution
The bank is expanding its partnership with Finastra to introduce new business payments services.
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.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Customers will have access to Brim’s full suite of product capabilities powered by the fintech’s tech platform.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
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.
NMI has acquired Agreement Express’ payments solutions while Shift4 has bought Online Payments Group.
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.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
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.
Our weekly fintech round-up for you to get the latest funding news from across North America.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round, led by Andreessen Horowitz, saw participation from Stonecroft, 75andSunny and Fifth Wall, among others.
Avant CEO Matt Bochenek says the funds from Ares will “further fuel our credit portfolio and next-gen platform”.
Alistair Currie is set to take over from Mark Ashton-Rigby as the bank’s new group COO.
In his new role, Koopman will head up the product management team across all of Broadridge’s business units.
Plaid CEO Zach Perret told employees “our pace of cost growth outstripped our pace of revenue growth”.
The round was led by ICONIQ Growth and GGV Capital with institutional and individual investors participating.
The revolving debt facility is being provided by Credit Suisse and Waterfall Asset Management.
Surecomp’s tech will support Investec’s newly formed trade finance business.
The two firms aim to develop applications that will improve risk management and boost efficiency.
The firm plans to scale its lending business Curve Flex across the UK, EU and US.
Vantage leverages AI and machine learning to deliver personalised financial services for businesses.
The deal will see SeedFi become part of Intuit’s Credit Karma business.
The Texas-based bank will utilise Finzly’s Payments Hub solution.
Jim Toffey, CEO and co-founder of LTX, will transition to the role of chairman of the board.