Business

Stripe and PayPal Ventures Back India’s xFlow with New Investment

Funding aims to expand xFlow's payment solutions in the Indian market.Highlights: Stripe and PayPal Ventures invest in India's xFlow.The funding will support xFlow's expansion in payment solutions.This marks a...

Anthropic Launches Financial Services Plugins for Claude, Strengthening AI Integration

New plugins enhance Claude's capabilities for financial service providers.Highlights: Anthropic announces plugins for its AI model, Claude, aimed...

Payoneer Strengthens Its Position with US National Trust Bank Charter Application

Payoneer's move could enhance its services and market reach in the US.Highlights: Payoneer has applied for a US...

Stripe Achieves $159 Billion Valuation, Strengthening Market Position

The fintech giant secures its place in the competitive digital payments landscape.Highlights: Stripe's valuation reaches $159 billion after...

BOFE Extends CHAPS Settlement Hours for Improved Efficiency

New settlement hours aim to enhance flexibility in transactions.Highlights: Bank of England extends CHAPS settlement hours from 2024.New...
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Banque de France, ERAFP, Generali Group tap Iceberg Data Lab for ESG data solutions

Iceberg Data Lab, a provider of ESG data solutions, has gained three new prominent clients: Banque De France, Generali Group, and ERAFP, enabling them...

MarketAxess to acquire algorithmic trading provider Pragma

MarketAxess Holdings Inc. is set to acquire Pragma, a quantitative trading technology provider, to enhance its AI-driven trading solutions across equities, FX, and fixed-income...

NCR expands ATM network to Portugal

NCR Corporation expands its Cashzone ATM network into Portugal, providing convenient cash access to tourists and locals alike. FactsNCR Corporation, a leading enterprise technology...

Stripe appoints Steffan Tomlinson as CFO

Stripe, a US fintech giant, has appointed Steffan Tomlinson as its new Chief Financial Officer (CFO), leveraging his extensive financial experience in the technology...

US insurtech start-up Lula raises $35.5m Series B funding

Miami-based insurtech Lula secures $35.5 million in a Series B funding round led by NextView Ventures and Khosla Ventures, aiming to broaden its market...

US credit union associations CUNA and NAFCU announce merger to form America’s Credit Unions

The Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU) are set to merge and create "America’s Credit Unions,"...

MSUFCU partners Nymbus for SMB “bank in a box” solution

Michigan State University Federal Credit Union (MSUFCU) has partnered with financial infrastructure provider Nymbus to offer digital tools for credit unions to serve the...

Credit card fintech Petal secures $200m debt facility from Victory Park Capital

New York-based fintech Petal secures $200 million debt facility from Victory Park Capital and a $20 million term loan facility from Trinity Capital, along...

Banking veteran Paco Ybarra to depart Citigroup after 36 years

Banking veteran Paco Ybarra, CEO of Citigroup's institutional clients group (ICG), will step down in the first half of 2024, ending his 36-year career...
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