Banking

Modern Treasury Launches Integrated PSP for Fiat and Stablecoins

New platform streamlines payments for digital and traditional currencies.Highlights: Modern Treasury introduces a new integrated payment service provider.The platform supports both fiat and stablecoin transactions.This launch aims to simplify...

Activist Investor Builds Stake in Fiserv, Strengthening Influence

The investment firm aims to increase its influence over the fintech giant.Highlights: Activist investor increases its stake in...

Bridge, Owned by Stripe, Strengthens Approval for National Trust Bank

Stripe’s Bridge secures national approval to operate as a trust bank.Highlights: Bridge secures national approval to function as...

ECB Strengthens Framework Ahead of Planned Digital Euro Pilots

European Central Bank prepares for digital euro testing phase.Highlights: ECB announces enhancements to its regulatory framework.Planned pilots for...

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...
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Lloyds Banking Group expands card and payments partnership with Visa in the UK

Lloyds Banking Group and Visa Partnership Expansion Key Highlights:Partnership Focus:New products and services to cater to customers' "financial and lifestyle needs". Enhanced use...

Apple partners Santander’s Zinia for BNPL financing services in Germany

Apple Partners with Santander’s Zinia for Payment Solutions in Germany Key Highlights:Partnership Details:Apple collaborates with Santander’s digital consumer finance platform, Zinia. New payment...

E-wallet provider Sticpay bolsters money transfer capabilities with UPI integration in India

Sticpay Integrates UPI into Its Tech Stack Key Details:Company: Sticpay, a UK-based e-wallet service provider and payment gateway. Integration: Unified Payments Interface (UPI), India’s...

Former Temenos execs found GenAI banking tech start-up, yPilot

yPilot Fintech Start-up Overview Founders:Todd Winship (CEO): Formerly at Temenos, founded Primisyn. Rayce Rossum (CTO): Formerly at Temenos, worked on AI projects.Company Focus:GenAI...

AlphaSense acquires rival Tegus for $930m, valuation tops $4bn

AlphaSense Acquires Tegus for $930 Million Acquisition Details:Acquisition Value: $930 million. Expected Closure: Q3 2024. Key Assets Acquired: Tegus’ research platform, financial data, and...

Starling Bank reports 50% revenue rise in third year of profitability

Starling Bank Reports Third Year of Profitability Key Financial Highlights:Pre-Tax Profits: Increased by 54.7% to £301.1 million. Revenue: Rose by 50.6% to £682.2 million. ...

Pipe secures new $100m credit facility from Victory Park Capital

Pipe Secures $100 Million Credit Facility from Victory Park Capital Key Highlights:Funding Details:Amount: $100 million credit facility Potential Upsize: Up to $200 million...

Earl Shilton Building Society hires Natalie Balderson as transformation change manager

Earl Shilton Building Society Appoints Natalie Balderson as Transformation Change ManagerNew Appointment:Position: Transformation Change Manager Appointee: Natalie Balderson Objective: Strengthen digital options...

MoneyGram names Gary Ferrera as new CFO

MoneyGram Appoints Gary Ferrera as New CFOAppointment Details:New CFO: Gary Ferrera Effective Date: 10 June 2024 Predecessor: Larry Angelilli (retiring after nearly...
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