Robinhood snaps up credit card platform X1 for $95m
Robinhood, the US stock trading app, has announced its acquisition of San Francisco-based credit card platform X1 for $95 million in cash. The deal...
JPMorgan Chase appoints Teresa Heitsenrether to lead AI efforts
JPMorgan Chase has appointed Teresa Heitsenrether as the chief data and analytics officer to lead their artificial intelligence (AI) efforts. CEO Jamie Dimon considers...
Lithuania revokes licence of former Railsr unit
The Bank of Lithuania has revoked the license of UAB PayRNet, a former subsidiary of Railsr, due to serious violations of AML and payments...
US asset managers apply to SEC for bitcoin ETFs
Several major asset managers, including BlackRock, WisdomTree, and Invesco, have applied to the U.S. Securities and Exchange Commission (SEC) for permission to launch a...
US paytech Fortis expands into Canada, acquires SmartPay
US paytech company Fortis has expanded into Canada and acquired SmartPay, an embedded payments provider. This move allows Fortis to offer its payment technology...
Delta Capita unveils DLT venture with Montis as anchor client
Delta Capita, the creator of agoraPlatform, and Montis Group have formed a strategic partnership to develop an end-to-end platform for conventional and digital securities...
ScotPac selects Dancerace for backoffice overhaul
ScotPac, the largest non-bank business lender in Australia and New Zealand, has partnered with Dancerace to enhance its technology transformation program. The collaboration will...
Mediobanca subsidiary acquires Swiss BNPL startup
Compass, the consumer credit arm of the Mediobanca Group, has acquired HeidiPay Switzerland AG, a Swiss Buy Now Pay Later (BNPL) startup. This acquisition...
Johannesburg Stock Exchange expands cloud-based colocation services offering
The Johannesburg Stock Exchange (JSE) is launching Colo 2.0, a cloud-based colocation service in collaboration with Beeks Group and IPC Systems. Colo 2.0 will...
