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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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Ramp Network to Enable USDt on TON Purchases and Withdrawals
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CryptoCurrency
Fiat Republic Becomes EMI after Paybase Acquisition, Raises $2.5m
The funding raise was led by Credo Ventures.
Fiat Republic has also partnered with a leading US bank.
Wednesday, 08/06/2022 | 09:00 GMT
by
Solomon Oladipupo
News
Open Hits $1 Billion Valuation, Joins India’s Unicorn Club
The neo bank has reportedly secured $50 million in its Series D funding.
The investment round was led by IIFL.
Wednesday, 04/05/2022 | 06:38 GMT
by
Bilal Jafar
News
Bond Financial Technologies Partners with Evolve Bank & Trust
The collaboration will enable companies to add financial services with a single integration.
Bond and Evolve allow entrepreneurs to build and launch innovative financial solutions at scale.
Saturday, 23/04/2022 | 15:25 GMT
by
Bilal Jafar
News
Tarabut Gateway Receives License from DFSA
The company has received the license to provide money services in and from DIFC.
Tarabut Gateway aims to cement its place in the UAE.
Friday, 22/04/2022 | 12:16 GMT
by
Bilal Jafar
News
FCA Raises Concerns over Challenger Banks’ Financial Crime Controls
The authority mentioned that challenger banks need to improve financial crime risk assessment.
The popularity of challenger banks is rising across the UK.
Friday, 22/04/2022 | 09:22 GMT
by
Bilal Jafar
News
Societe Generale Introduces Payment & Transaction Banking Accelerator
The program will support startups working on cash management and trade finance.
The six-month incubation period will start in September 2022.
Tuesday, 19/04/2022 | 09:03 GMT
by
Bilal Jafar
Institutional FX
Citigroup’s Net Income Drops 46% YoY in Q1 2022
Revenues for the recent quarter came in at $19.2 billion.
EPS dipped by almost 44% compared to the same period last year.
Monday, 18/04/2022 | 05:31 GMT
by
Bilal Jafar
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News
ABN AMRO Expands Collaboration with Temenos
The bank has recently signed a multi-year subscription extension.
ABN AMRO aims to boost innovation and speed of software delivery.
Thursday, 14/04/2022 | 05:54 GMT
by
Bilal Jafar
FinTech
Battle Financial to Use Temenos Banking Cloud Services
Clients of Battle Bank will have access to FDIC-insured FX and market index deposits.
Battle Bank is expected to launch in the second half of this year.
Tuesday, 12/04/2022 | 21:22 GMT
by
Felipe Erazo
Executive Moves
Banking Circle Names Nick Tubb as Global Head of FX
Tubb will drive the FX commercial strategy for the bank.
He has extensive experience in the financial services industry.
Wednesday, 06/04/2022 | 06:21 GMT
by
Bilal Jafar
News
Klarna Introduces New Business Unit to Expand Open Banking Platform
Klarna Kosma is a sub-brand of the fintech company.
According to Klarna, its financial technology platform now connects to over 15,000 banks.
Friday, 01/04/2022 | 05:45 GMT
by
Bilal Jafar
Executives
TopFX Welcomes Back Rachelle Matta as Global Head of Retention
Matta was previously the prime broker’s Business Development Manager.
The certified AML specialist is bringing nearly two decades of experience to the table.
Tuesday, 29/03/2022 | 14:06 GMT
by
Solomon Oladipupo
News
ClearBank Receives £175 Million Investment for Global Expansion
The company aims to increase its range of products.
The funding was led by Apax Digital.
Monday, 21/03/2022 | 09:58 GMT
by
Bilal Jafar
Institutional FX
Credit Suisse Aims to Almost Halve Emissions Financing to Fossil Fuels
The plan looks to reduce exposure to emissions it financed between 2020 and 2021.
This is the first report to detail the bank's exposure to fossil fuel emissions.
Thursday, 10/03/2022 | 21:19 GMT
by
Felipe Erazo
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News
Mastercard Enhances Consulting with Cryptocurrency-Dedicated Practices
The company has expanded its consulting with practices dedicated to open banking and ESG.
In September 2021, Mastercard acquired CipherTrace to increase its crypto capabilities.
Thursday, 17/02/2022 | 10:52 GMT
by
Bilal Jafar
News
Atom Bank Receives £75 Million in Funding
The investment round was led by BBVA, Toscafund and Infinity.
BBVA is a prominent shareholder of Atom Bank.
Wednesday, 16/02/2022 | 12:18 GMT
by
Bilal Jafar
FinTech
EY UK Intends to Onboard 1,300 New Staff over the Next 3 Years
Big Four said it would invest over £100m in the new business.
Rob Doepel is appointed as the new Managing Partner for sustainability.
Monday, 14/02/2022 | 09:07 GMT
by
Tom Hazan
News
Temenos Introduces New Banking Services
The company aims to meet the requirements of challenger banks.
According to Temenos, new composable banking services include retail banking.
Friday, 11/02/2022 | 15:55 GMT
by
Bilal Jafar
FinTech
Traditional Banks Can Learn a Lot From Neobanks - Here’s How
Neobanks offer convenient solutions for bankers seeking more control over their finances.
They also automate many traditional functions, with significantly lower operating costs.
Thursday, 03/02/2022 | 13:38 GMT
by
Serge Beck
News
TrueLayer Expands European Presence, Enters 5 New Markets
The company has added hundreds of new banks to its open banking platform.
New markets include Austria, Belgium, Denmark, Finland and Portugal.
Friday, 28/01/2022 | 08:21 GMT
by
Bilal Jafar
News
Cloud Banking Company nCino Acquires SimpleNexus
The acquisition will expand nCino’s operations.
The company aims to transform the financial services industry.
Tuesday, 11/01/2022 | 07:52 GMT
by
Bilal Jafar
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Institutional FX
DB Transfers Global Prime Finance & Electronic Equities to BNP Paribas
In the last two years, BNP Paribas has transferred almost 900 staff globally from DB.
Both companies have completed the transfer within the targeted timeline.
Wednesday, 05/01/2022 | 10:30 GMT
by
Bilal Jafar
News
European Open Banking Platform Tink Completes Acquisition of FinTecSystems
FinTecSystems is a German financial technology company.
The latest acquisition has expanded Tink’s global reach.
Friday, 24/12/2021 | 07:03 GMT
by
Bilal Jafar
News
Fintech Company Oportun Completes Acquisition of Digit
Digit is a neo banking platform.
According to Oportun, the acquisition will enhance its digital capabilities.
Thursday, 23/12/2021 | 09:04 GMT
by
Bilal Jafar
Institutional FX
Citi to Sell Philippines Consumer Banking Franchise to UnionBank
It is a part of Citi’s broad plan to exit from 13 Asian and EMEA markets.
The deal is expected to be closed in the second half of 2022.
Thursday, 23/12/2021 | 08:02 GMT
by
Arnab Shome
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