Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia
Banked, a UK-based fintech, has acquired Waave, a Sydney-based open banking paytech company.
The acquisition is aimed at strengthening Banked’s presence in Australia.
...
HSBC launches embedded finance venture SemFi with Tradeshift
HSBC has launched SemFi, a new B2B embedded finance technology company, through its joint venture with Tradeshift, a San Francisco-based fintech.
SemFi enables...
Furness Building Society selects Backbase for digital banking overhaul
Furness Building Society, based in Cumbria, UK, has selected Backbase, a Dutch digital banking solutions vendor, to enhance its digital services.
The society...
Ex-TNEX chief Bryan Carroll heads new Credit-Decisioning-as-a-Service start-up SMEApprove
Bryan Carroll, former TNEX chief, now leads SMEApprove, a Credit-Decisioning-as-a-Service (CDaaS) platform.
SMEApprove targets banks, fintechs, and lenders supporting the global SME sector.
...
Bank of Hangzhou partners Malaysia’s Maybank to support cross-border businesses in China
Bank of Hangzhou and Maybank signed an MoU to support Chinese enterprises expanding into Southeast Asia.
The partnership will focus on enhancing cross-border...
HSBC reportedly writes off remaining $5.8m stake in UK fintech Monese
HSBC Holdings has written off its remaining 5.4% stake in UK-based fintech Monese.
HSBC acquired a minority interest in Monese for £35 million...
JP Morgan to bolster community presence with planned hiring spree in US
JP Morgan Chase plans to hire 75 community managers by 2030 to enhance financial inclusion in underserved communities across the US.
The role...
Singapore Gulf Bank strengthens C-Suite ahead of launch
Ali AlShamma has been appointed as Chief Financial Officer (CFO) of SGB. He previously served as CFO for Goldman Sachs and Citigroup in...
Mastercard acquires Minna Technologies to upgrade subscription experience
Mastercard has agreed to acquire Swedish fintech Minna Technologies, specializing in subscription management, for an undisclosed amount.
Minna Technologies, founded in 2016 and...
