Banking

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems.Highlights: Mastercard and Visa partner with banks for innovative payment pilots.New pilot programs aim to improve agentic payment technologies.Collaborations expected...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

New alliance enhances transaction security amidst rising cyber threats.Highlights: Mastercard partners with Cloudflare for enhanced cyber security.Collaboration aims...

Gemini Stock Plummets as Three Top Executives Depart

Key leadership changes raise concerns over Gemini's future stability.Highlights: Gemini stock drops significantly after three executives resign.Executive departures...

UK Banks Seek Alternatives to Visa and Mastercard Amid Concerns

Financial institutions explore options for payment processing independence.Highlights: UK banks are seeking alternatives to Visa and Mastercard.Concerns arise...

Emirates NBD Leads $31 Million Round in Real Estate Investment Platform

Emirates NBD funds real estate platform for enhanced investment opportunities.Highlights: Emirates NBD leads a $31 million funding round.Investment...
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Start-up Swaystack launches personalised engagement platform

Company and Product Launch: Fintech start-up Swaystack debuts its personalised engagement platform aimed at banks and credit unions to foster digital channel growth...

Digital challenger GoTyme Bank acquires salary lender fintech SAVii

Acquisition Announcement: GoTyme Bank, a Filipino digital challenger, has acquired Manila-based lendtech SAVii to enhance its expansion into payroll-enabled financial products. SAVii Overview:...

AYA Bank taps SmartStream for transaction lifecycle management solution

Partnership Overview: AYA Bank, the second-largest bank in Myanmar, selects SmartStream's digital payments platform for transaction lifecycle management (TLM) to manage a surge...

Lloyds Banking Group collaborates with Red Hat to adopt modern open source engineering practices

Partnership Overview: Lloyds Banking Group collaborates with US-based open-source solutions provider Red Hat to enhance developer experience, software quality, and speed to market...

Iwoca lands £270m debt funding package from Citibank and Barclays

UK-based SME lender Iwoca has secured a debt funding package totaling £270 million to address the increasing demand for finance from small businesses. ...

Turkish fintech Iyzico acquires Paynet in $87m deal

Turkish fintech Iyzico is acquiring Paynet, a B2B and B2B2C payment solutions provider, from parent company the Arena Group in a deal valued...

CIBC Mellon taps Duco for AI-powered data automation tech

CIBC Mellon, a joint venture between CIBC and BNY Mellon, partners with UK-based Duco for AI-powered data automation. The partnership aims to enhance...

Nepsis brings Amanda Butler in-house as first CTO

Appointment Announcement: Nepsis, an investment and financial advisory firm based in Minneapolis, USA, has appointed Amanda Butler as its first Chief Technology Officer...

Beem Credit Union teams up with VeriPark to elevate digital banking capabilities

Partnership Announcement: Beem Credit Union, a newly launched Canadian credit union, has partnered with UK-based software developer VeriPark to upgrade its digital capabilities. ...
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