Business

Private Markets Fintech Delio Acquired by Ialta

Ialta expands its portfolio with Delio, enhancing fintech capabilities in private investments.Highlights: Delio, a fintech focused on private markets, has been acquired by Ialta.This acquisition aims to enhance Ialta's...

Plaid Achieves $8 Billion Valuation, Strengthening Fintech Position

The latest funding round boosts Plaid's market presence significantly.Highlights: Plaid secures a $8 billion valuation following recent funding.The...

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...

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...
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Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade

 Krom Bank, a subsidiary of Kredivo Group, is launching digital banking services through its partnership with Amazon Web Services (AWS). Utilizing AWS Cloud,...

New UK fintech Covecta launches configurable AI platform

Covecta has launched a configurable AI platform designed to streamline critical activities for financial institutions' front-line teams. The platform serves commercial banks, insurers,...

VaticAI appoints Mitch Eggers as new COO and chief scientist

Mitch Eggers has been appointed as COO and chief scientist at VaticAI, an adtech firm specializing in AI-driven solutions. VaticAI, founded in 2018...

HSBC group COO John Hinshaw steps down after five years

John Hinshaw, HSBC’s Group Chief Operating Officer (COO), is stepping down after five years and will take six months of gardening leave. Hinshaw...

Commerce Bank partners FIS for loyalty programme management platform

Partnership: Commerce Bank, a $30.6 billion-asset regional bank headquartered in Kansas City, has partnered with FIS to implement a new loyalty program management...

Sonali Bangladesh UK selects Finastra Essence for core banking tech overhaul

Partnership: SBUK, a UK-based bank focused on trade finance in Bangladesh, has selected Finastra Essence, a core banking solution, to modernize its banking...

Digital Federal Credit Union and First Tech Federal Credit Union to merge

Merger Details: DCU and First Tech Federal Credit Union, two US-based credit unions, plan to merge by 2025, creating a combined $28.7 billion...

Nexi Group lands €220m financing from the EIB

Nexi Group Secures €220M Financing: Italian paytech Nexi Group received €220 million in funding from the European Investment Bank (EIB) to support innovation...

Solaris to “discontinue major parts” of EMI business

Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its Electronic Money Institution (EMI) business,...
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