Business
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
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,...

