CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90 million in total penalties and...
Tompkins Community Bank deploys NCR Atleos’ ATM-as-a-Service
Partnership Announcement: Tompkins Community Bank, headquartered in Ithaca, has selected NCR Atleos’ ATM-as-a-Service (ATMaaS) to modernize its self-service channels in New York and...
Arab Financial Services lands $50m investment
Funding: AFS secured a $50 million capital injection, aiming to support expansion and scaling efforts.
Headquarters and Presence: Headquartered in Bahrain, with additional...
Moneybox’s valuation climbs to £550m with new £70m investment
Moneybox Funding: UK-based Moneybox secures £70 million, raising its valuation to £550 million, an 84% increase from 2022.
New Investors: New investors Apis...
EquiLend names former ION head Rich Grossi as new CEO
New CEO Appointment: EquiLend, a securities lending platform, has appointed Rich Grossi as CEO.
Growth Focus: Grossi’s role is to drive growth and...
MDXT acquires UK data management start-up Schematiq
Acquisition and Purpose: MDXT has acquired UK-based data management start-up Schematiq to integrate its technology into a new platform for financial services data...
TransUnion appoints HSBC’s Madhusudan Kejriwal as new CEO for UK and Europe
New CEO Appointment: Madhusudan Kejriwal will become TransUnion’s CEO for the UK and Europe starting January 2, 2025.
Outgoing Interim CEO: Mark Horsey,...
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
Deal Overview: Socure, a US digital identity verification and fraud prevention platform, will acquire San Francisco-based risk decisioning start-up Effectiv for $136 million.
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Moneybox’s valuation climbs to £550m with new £70m investment
Funding Secured: Moneybox raised around £70 million, boosting its valuation to £550 million, an 84% increase since 2022.
New Investors: London-based Apis Partners...
