Banking

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment aims to boost predictive market capabilities.Polymarket continues to innovate in financial...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...

Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment...
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Spain’s CaixaBank partners Google Cloud to drive digitalisation

Spain's CaixaBank has formed a strategic partnership with Google Cloud to accelerate its digitalization efforts and leverage cloud computing, data analytics, and artificial intelligence...

Meridian Bank taps Corserv to launch business credit card programme

Meridian Bank, based in Pennsylvania, has partnered with Corserv to launch a new credit card program for its business and commercial customers. The collaboration...

Standard Chartered partners Worldpay from FIS to expand payment collections offering

Standard Chartered has partnered with Worldpay from FIS to enhance its Straight2Bank Pay solution, a digital collections gateway for merchants. This collaboration will allow...

Credit union North Carolina SECU selects NCR for digital banking upgrade

North Carolina State Employees' Credit Union (SECU), the second largest credit union in the US, has selected NCR Corporation to upgrade its digital banking...

North East Small Finance Bank migrates to new core, Turing CBS from M2P

North East Small Finance Bank (NESFB) has migrated its core banking system to M2P's Turing CBS platform as part of its technology refresh to...

Westpac New Zealand taps Finastra to accelerate ISO 20022 compliance

Westpac New Zealand has partnered with Finastra to accelerate its compliance with the ISO 20022 payments standard. By deploying Finastra's technology, Westpac aims to...

Intapp acquires employee compliance software firm Paragon Data Labs

Intapp, a financial services software firm, has acquired Paragon Data Labs, an employee compliance software solution provider. The acquisition aims to enhance Intapp's risk...

German challenger N26 to cut 71 jobs, around 4% of total workforce

German challenger bank N26 is cutting 71 jobs, which represents approximately 4% of its total workforce. The move is aimed at aligning the company...

Corfinancial implements CSDR compliance software at Man group

Corfinancial has implemented its Central Securities Depositories Regulation (CSDR) software, SureVu, at Man Group. SureVu enables buy-side firms to manage failed trades and cash...
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