Business

Augmentum Fintech Accepts £186M Cash Takeover Offer

The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover offer.This acquisition is a major event in the UK fintech sector.The...

New Banking License in Latvia Strengthens Market Entry Opportunities

Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to...

US Regional Banks Build Tokenized Deposit Network to Enhance Innovation

New collaboration aims to increase efficiency and client engagement.Highlights: US regional banks initiate a tokenized deposit network.Innovation focuses...

New Banking License in Latvia Could Boost Market Entrants

Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase...

Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan

Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...
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American Express to pilot biometrics for online transactions

American Express is piloting fingerprint and facial recognition technology to enhance online ID checks, aiming for stronger, faster, and more intuitive authentication processes. FactsAmerican...

Fintech unicorn Slice to merge with India’s North East Small Finance Bank

Indian credit card fintech Slice has received approval from the Reserve Bank of India (RBI) to merge with North East Small Finance Bank (NESFB),...

Rauva appoints Tomas Oliveira da Silva as chief risk officer

Portugal-based start-up Rauva appoints Tomas Oliveira da Silva as Chief Risk Officer (CRO) to complete its leadership team, aiming to build Europe's first fully...

UK fintech ieDigital acquires CUSO Connect FSS to tap US market

London-based fintech ieDigital is acquiring Connect FSS to expand its international market presence in digital banking software. FactsConnect FSS, founded in 2008 in Sandy,...

Banc of California joins Rise Economy for $4.1bn community benefits plan

Banc of California partners with Rise Economy to launch a $4.1 billion benefits plan aimed at underserved communities and businesses in California. FactsThe plan...

SaaS fintech Earnix appoints Be’eri Mart as chief product officer

Be’eri Mart, a veteran of the financial services industry, is appointed as the Chief Product Officer of Israeli fintech Earnix. FactsBe’eri Mart, a 20-year...

UK’s ClearBank plots international expansion with four new board appointments

ClearBank Group Holdings appoints four new non-executive directors to drive international expansion and boost growth. FactsPeter Herbert, current Chair of Bank of Ireland, becomes...

US fintech PayZen launches new product to boost healthcare affordability

PayZen, a US-based healthcare-focused fintech, has introduced the PayZen Care Card to address healthcare affordability, in partnership with Geisinger and the University of Texas...

AP automation start-up Stampli raises $61m in Blackstone-led Series D

Stampli, a US-based AI-powered platform for automating accounts payable operations, has secured $61 million in Series D funding led by Blackstone, bringing its total...
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