Business

Kraken Gains Historic Fed Master Account Approval

Cryptocurrency exchange Kraken becomes the first to secure a master account with the Federal Reserve.Highlights: Kraken becomes the first crypto firm with a Fed master account.This approval opens doors...

NatWest Strengthens Business Banking by Hiring Adeel Hyder from Starling

Hyder will lead the business banking team, enhancing NatWest's services.Highlights: Adeel Hyder joins NatWest from Starling Bank.Hyder will...

Innovate Finance Says BoE Stablecoin Proposals Will Chill UK Market

New stablecoin proposals from the Bank of England raise concerns for fintech growth.Highlights: Innovate Finance criticizes Bank of...

Standard Chartered Strengthens Global Payments Team with New Appointment

Former co-head of Kinexys takes charge of payments strategy.Highlights: Standard Chartered appoints former Kinexys co-head as global payments...

Talucard Empowers Visually Impaired with New Biometric Card

Innovative solution enhances accessibility for the visually impaired community.Highlights: Talucard introduces a biometric card tailored for the visually...
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The Philippines’ UnionBank taps Informatica for MDM solution

UnionBank's Digital Transformation:UnionBank of the Philippines is actively pursuing digital transformation and transitioning to the cloud. The bank has adopted Informatica's Master...

Grow Financial FCU taps NCR Atleos for ATM management

Grow Financial FCU partners with NCR Atleos for ATM-as-a-Service (ATMaaS) tech NCR Atleos to update Grow Financial's aging ATM infrastructure Grow Financial, established...

Ally Financial sells POS financing business to Synchrony

Acquisition Announcement: Connecticut-based financial services firm Synchrony to acquire Ally Lending, the point-of-sale financing business of Ally Financial. Duel Offering Strategy: Synchrony aims to create...

US fintech Kashable raises $25.6m Series B funding

Funding Success: Kashable, a fintech focused on employee financial wellness, secures $25.6 million in Series B funding. Investors: Californian VC firms Revolution Ventures and Moneta...

BNPL firm Billink fuels European expansion plans with $32m funding from Varengold Bank

Funding Boost: Dutch paytech Billink secures a $32.1 million investment from Germany's Varengold Bank for its buy now, pay later (BNPL) platform expansion. Expansion...

SME lender FundPark doubles credit facility with Goldman Sachs to $500m

FundPark, a Hong Kong-based capital financing provider, has doubled its asset-backed securitization (ABS) facility with Goldman Sachs to $500 million. The expansion follows...

Italy’s Objectway doubles down on North American wealth market with acquisition of Nest Wealth

Acquisition Details:Italian banking software provider Objectway has acquired digital wealth solutions provider Nest Wealth based in Toronto, Canada. The acquisition amount remains...

Oracle strikes deal with Slovenia’s SID Bank for core banking and payments technology

Oracle's Flexcube in SloveniaSID Bank, based in Ljubljana, Slovenia, became the first in the country to adopt Oracle's Flexcube core banking solution. ...

Finnish fintech Aibidia names Matthias Grabellus as new chief product officer

Aibidia, a Finnish fintech, appoints Matthias Grabellus as Chief Product Officer (CPO). Grabellus will lead the development of Aibidia's transfer pricing platform to...
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