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Europe's Economic Crossroads: Recession Fears and S&P Global's
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News
Atom Bank Receives £75 Million in Funding
2022-02-16T14:18:07.385+02:00
The investment round was led by BBVA, Toscafund and Infinity.
BBVA is a prominent shareholder of Atom Bank.
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FinTech
EY UK Intends to Onboard 1,300 New Staff over the Next 3 Years
2022-02-14T11:07:17.342+02:00
Big Four said it would invest over £100m in the new business.
Rob Doepel is appointed as the new Managing Partner for sustainability.
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Temenos Introduces New Banking Services
2022-02-11T17:55:25.841+02:00
The company aims to meet the requirements of challenger banks.
According to Temenos, new composable banking services include retail banking.
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FinTech
Traditional Banks Can Learn a Lot From Neobanks - Here’s How
2022-02-03T15:38:30.378+02:00
Neobanks offer convenient solutions for bankers seeking more control over their finances.
They also automate many traditional functions, with significantly lower operating costs.
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News
TrueLayer Expands European Presence, Enters 5 New Markets
2022-01-28T10:21:09.354+02:00
The company has added hundreds of new banks to its open banking platform.
New markets include Austria, Belgium, Denmark, Finland and Portugal.
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News
Cloud Banking Company nCino Acquires SimpleNexus
2022-01-11T09:52:40.812+02:00
The acquisition will expand nCino’s operations.
The company aims to transform the financial services industry.
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Institutional FX
DB Transfers Global Prime Finance & Electronic Equities to BNP Paribas
2022-01-05T12:30:49.908+02:00
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.
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News
European Open Banking Platform Tink Completes Acquisition of FinTecSystems
2021-12-24T09:03:28.557+02:00
FinTecSystems is a German financial technology company.
The latest acquisition has expanded Tink’s global reach.
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Bilal Jafar
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News
Fintech Company Oportun Completes Acquisition of Digit
2021-12-23T11:04:57.337+02:00
Digit is a neo banking platform.
According to Oportun, the acquisition will enhance its digital capabilities.
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Institutional FX
Citi to Sell Philippines Consumer Banking Franchise to UnionBank
2021-12-23T10:02:46.386+02:00
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.
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Institutional FX
BNP Paribas to Sell US Banking Business to BMO Financial for $16.3B
2021-12-20T11:02:58.802+02:00
The deal is expected to be closed in 2022.
The entire transaction will be made in cash.
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Arnab Shome
CryptoCurrency
Nuvei Rollouts Crypto Debit Cards in Partnership with Visa
2021-12-14T09:20:41.179+02:00
Crypto Debit Cards launch a Business partnership.
Nuvei is partnering with Visa.
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Nicholas Otieno
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News
Revolut Launches Banking Services in France, Italy and Portugal
2021-12-10T12:14:03.948+02:00
The fintech is now offering banking services in more than a dozen European countries.
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Executive Moves
ABN AMRO Plans to Appoint Annerie Vreugdenhil as CCO Personal & Business Banking
2021-11-18T10:35:26.000+02:00
The Bank intends to appoint Vreugdenhil as a member of the Executive Board.
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Bilal Jafar
Executive Moves
BIS Board of Directors Has Onboarded Three New Senior Appointments
2021-11-09T11:23:56.000+02:00
The BIS Board of Directors announced that it has made three new senior appointments.
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Tom Hazan
FinTech
FIS Reports a 10% Increase in Revenue on a GAAP Basis during Q3 2021
2021-11-04T17:40:28.000+02:00
In the third quarter, FIS paid dividends of $238 million and repurchased $1.2 billion worth of shares.
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Felipe Erazo
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Institutional FX
Alpha FX Launches Alternative Banking Platform
2021-09-29T10:09:00.000+02:00
The company is planning to open a new office in Luxembourg to boost the services in local markets.
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Arnab Shome
Thought Leaders
Why is DeFi Taking Over the Banking World?
2021-08-23T11:57:26.000+02:00
Between 2020 and February 2021, users had invested close to $20.5 billion in different DeFi protocols.
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News
Fintech Company 10x Future Technologies Raises $187 Million
2021-06-16T15:18:03.000+02:00
The company is planning to expand its presence in different regions.
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News
Adyen Obtains Regulatory Approval to Open US Banking Branch
2021-06-14T08:28:49.000+02:00
The company will open its first branch in the country in San Francisco, California.
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News
Banking Regulators Call for Conservative Capital Rules in Bitcoin Holdings
2021-06-10T21:18:57.000+02:00
The Swiss-based Basel committee says that Bitcoin should be subject to a new "conservative prudential treatment."
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Brokers
How Community Powered Access to Global Banking Can Harness DeFi
2021-06-07T09:42:20.000+02:00
Join EQIFI’s live webinar with Brad Yasar and Jason Blick as they lay the framework for a global DeFi alternative.
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Thought Leaders
Unido’s Chris Weddle on How to Make Crypto Easy for Enterprises
2021-06-01T09:33:50.000+02:00
Unido presents a solution in the form of an all-in-one custodial service that allows for myriad possibilities.
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News
Banking Technology Company Zeta Secures $250 Million Funding from SoftBank
2021-05-25T14:15:56.000+02:00
The latest Series C investment valued Zeta at $1.45 billion.
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Bilal Jafar
ADVERTISEMENT
FinTech
Neobanking 2021: From Hype to Profit?
2021-05-18T20:10:04.000+02:00
Will 2021 see neobanks reach true maturity through profitability?
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