Credit card fintech Petal secures $200m debt facility from Victory Park Capital
New York-based fintech Petal secures $200 million debt facility from Victory Park Capital and a $20 million term loan facility from Trinity Capital, along...
Banking veteran Paco Ybarra to depart Citigroup after 36 years
Banking veteran Paco Ybarra, CEO of Citigroup's institutional clients group (ICG), will step down in the first half of 2024, ending his 36-year career...
First Federal Savings & Loan of San Rafael boosts digital transformation with Bankjoy partnership
First Federal Savings & Loan of San Rafael partners with Bankjoy, a Detroit-based fintech, to enhance its digital banking capabilities, offering a wider range...
European Commission brings in Moody’s Analytics to help fight fraud
The European Commission has awarded a €34 million framework contract to Moody's Analytics to bolster its anti-fraud and financial crime efforts using data insights...
Over $10bn deposited into Apple Card’s savings account in first four months of going live
Just over four months after its launch, Apple's Apple Card savings account offering has amassed over $10 billion in deposits, marking a significant success...
GoLogiq to acquire Vietnamese fintech Symplefy for $30m
US-based fintech GoLogiq is acquiring Vietnamese payroll and HR fintech Symplefy for $30 million in an all-stock deal. The acquisition includes issuing $15 million...
HSBC joins forces with Tradeshift to launch embedded finance business
HSBC and Tradeshift have formed a joint venture to develop embedded finance solutions and financial services apps, aiming to enhance trade, e-commerce, and marketplace...
Cambodia’s Wing Bank selects Ipification for mobile ID verification solution
Wing Bank, a pioneer in mobile financial services in Cambodia, has partnered with Ipification to implement a one-click phone verification solution, enhancing convenience and...
Seacoast Bank strikes deal with NCR for ATM-as-a-Service solution
Florida-headquartered Seacoast Bank has partnered with NCR Corporation to use their ATM-as-a-Service (ATMaaS) solution, allowing the bank to outsource ATM management, reduce capital expenditure,...
