Business

New Dataset Launch Strengthens UK Financial RegTech Sector

A comprehensive tool for mapping the UK RegTech landscape has been unveiled.Highlights: A new dataset has been launched to help map the UK RegTech sector.This comprehensive tool aims to...

Revolut Strengthens Stablecoin Efforts in Collaboration with FCA

The fintech firm joins a select group to explore stablecoin regulations.Highlights: Revolut partners with FCA for stablecoin testing.The...

Stripe Considers PayPal Acquisition, Strengthening Market Position

Reported interest in acquiring PayPal could reshape the fintech landscape.Highlights: Stripe is reportedly considering acquiring PayPal.This acquisition could...

Santander Strengthens AI Investments, Targets $1 Billion Business Value

Bank looks to boost efficiency and innovation through AI initiatives.Highlights: Santander aims to create $1 billion in business...

FCA Strengthens Borrowers’ Credit Files with New Guidelines

UK regulator targets improved credit reporting for consumers.Highlights: FCA issues new guidelines for clearer credit reporting.Guidelines aim to...
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Commonwealth Bank of Australia snaps up business lending platform Waddle from Xero

Commonwealth Bank of Australia (CBA) has acquired the cloud-based invoice lending platform Waddle through its venture-scaling arm x15ventures. FactsCBA acquired Waddle, a Sydney-based fintech...

Israel’s ThetaRay secures $57m to accelerate global expansion

ThetaRay, an Israeli AI-based transaction monitoring and screening solution provider, secures $57 million in funding led by Portage, with participation from existing investors. FactsThetaRay,...

JP Morgan Payments taps Network International to strengthen payments acquiring in the Middle East

JP Morgan Payments has partnered with Network International, an e-commerce enabler in the Middle East and Africa, to enhance its payment services in the...

Emirates NBD makes strategic investment in trade finance tech firm Komgo

Dubai-based banking group Emirates NBD has made a strategic investment in Komgo, a software firm catering to the trade finance industry, through its Innovation...

OTPP snaps up Caledonia Investments’ majority stake in wealth management firm 7IM for £255m

Caledonia Investments has sold its majority stake in Seven Investment Management (7IM) to Ontario Teachers’ Pension Plan (OTPP) for £255 million, pending Financial Conduct...

Alpian CEO Schuyler Weiss resigns to pursue public service in the US

Schuyler Weiss, CEO of Swiss neobank Alpian, resigns to pursue a career in public service in the US. Gianmarco Bonaita, the deputy CEO, is...

Pepper Money agrees to buy HSBC’s New Zealand mortgage portfolio

Australian non-bank lender Pepper Money is set to acquire HSBC's NZ$1.4 billion mortgage portfolio in New Zealand, pending approval by the New Zealand Overseas...

NatWest taps Icon Solutions for payment modernisation

NatWest partners with Icon Solutions to modernize payment workflows using the Icon Payments Framework (IPF) for SEPA compatibility, low-code development, and enhanced customer experiences. Facts...

Wamo strengthens SME services with Modulr BaaS partnership

London-based fintech Wamo partners with Modulr for banking-as-a-service (BaaS) to expand its presence in the UK and Europe. FactsWamo, founded in 2018, offers account...
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