Business

X Launches Payments Beta with William Shatner Charity Auction

Innovative payment platform debuts alongside charity event featuring Shatner.Highlights: X debuts its payments beta with a charity auction featuring William Shatner.The auction proceeds will support various charitable initiatives.This launch...

Standard Chartered Appoints Former Kinexys Co-Head as Global Payments Chief

New leadership aims to enhance the bank's payment strategies.Highlights: Standard Chartered appoints new Global Payments Chief.Former Kinexys co-head...

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...

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...
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Zimbabwe’s Success Microfinance Bank taps FinOS for core banking

Success Microfinance Bank and FinOS Partnership:Zimbabwe's Success Microfinance Bank, a deposit-taking microfinance institution (DTMFI), has chosen FinOS, a Software-as-a-Service (SaaS) cloud banking...

Global fintech investment plummeted 48% in 2023, according to new data by Innovate Finance

Global Fintech Funding (2023):Total global investment in fintech reached $51.2 billion in 2023, marking a 48% decline from the previous year's figure...

Redwood Capital Bank selects Apiture to power online and mobile banking

Redwood Capital Bank:Redwood Capital Bank, a community bank in Humboldt County, California, has chosen Apiture to provide its online and mobile banking solutions. ...

UK digital identity firm Yoti secures £20m in debt funding

Yoti:London-based digital identity company Yoti has raised £20 million in funding. The funding includes £12.5 million in debt funding from HSBC and...

InvestCloud names Motive Partners’ Jeff Yabuki as new CEO and chairman

InvestCloud:US-based global wealth and asset management solutions provider, InvestCloud, has appointed Jeff Yabuki as its new Chairman and CEO. Jeff Yabuki, currently...

Social media platform X aims to deliver P2P payments this year

X (formerly Twitter):Social media platform X, formerly known as Twitter, has announced plans to launch peer-to-peer (P2P) payments this year. Elon Musk, who...

Tobias Unger joins Sopra Banking Software as new chief operating officer

Sopra Banking Software (SBS):French fintech firm Sopra Banking Software has appointed Tobias Unger as its new Chief Operating Officer (COO). Unger brings...

Danske Bank looks to improve digital customer experience with Backbase

Danske Bank (Denmark):Danske Bank has implemented the Backbase Engagement Banking platform for an improved digital customer experience. The platform will be progressively...

ICYMI fintech funding round-up: KlariVis, Komunal, Maalexi, Cleva & CSI

KlariVis (US):KlariVis, a US-based data analytics solutions provider for community banks and credit unions, has raised $11 million in a Series B...
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