Cloud

New York State Mandates Stores to Accept Cash Payments

New legislation aims to protect cash transactions across the state.Highlights: New law requires New York stores to accept cash payments.Legislation aims to ensure access for all customers.Fines imposed for...

PRA Issues £2 Million Penalty to Bank of London for Integrity Failures

Regulatory body penalizes the bank due to integrity shortcomings.Highlights: PRA fines Bank of London £2 million for integrity...

HSBC Appoints First Chief AI Officer, Strengthening AI Leadership

The bank aims to enhance its AI strategy and innovation.Highlights: HSBC names its first Chief AI Officer to...

Revolut Reports Surging Profits as Growth Accelerates

The financial technology firm sees significant profit increases in its latest report.Highlights: Revolut's profits surged significantly in the...

SumUp Strengthens Merchant Services with In-App Investing Feature

The new feature aims to enhance financial flexibility for merchant clients.Highlights: SumUp introduces in-app investing for merchant clients.The...
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CloudPay secures $120m funding round led by Blue Owl Capital

Funding Details:CloudPay secured $120 million in a funding round led by Blue Owl Capital, with additional participation from previous investors Hollyport Capital,...

National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai

Partnership for Digital Upgrade:NBF has partnered with iGTB to upgrade its digital banking capabilities by adopting iGTB’s open finance platform, eMACH.ai.eMACH.ai...

NCR Voyix agrees to sell digital banking unit to Veritas Capital for $2.45bn

Sale Agreement: NCR Voyix has entered into a definitive agreement to sell its cloud-based digital banking business to private equity firm Veritas Capital...

Shawbrook taps nCino for automated SME loan origination

Purpose: Shawbrook Bank has chosen nCino’s platform to automate loan origination and portfolio management processes. Functionality: The platform will automate complex lending processes,...

Octo3 merges with fintech solutions provider Evantagesoft to launch new FTS.Money brand in Asia

Octo3 and Evantagesoft (EVS) Merge to Form FTS.Money Key Points:Merger and New Brand:Companies Involved: Payment infrastructure firm Octo3 and banking technology solutions provider...

Alt.bank in Brazil migrates novücard credit card infrastructure to Visa’s Pismo

Alt.bank Migrates novücard Credit Card to Pismo's Core Banking Platform Key Points:Migration Details:Fintech: Brazilian fintech alt.bank. Product: novücard credit card. New Platform: Migrated...

Fortis buys NetSuite payments division of MerchantE

Fortis Acquires MerchantE’s NetSuite Payments Division Key Highlights:Acquisition Overview:Acquirer: Fortis Acquired Entity: MerchantE’s NetSuite payments division Acquisition Sum: UndisclosedAbout MerchantE’s NetSuite Payments...

First Global Bank in Jamaica partners Profile Software for digital Finuevo Suite

Summary of First Global Bank's Partnership with Profile SoftwarePartnership Details:Entities Involved: First Global Bank (FGB) and Profile Software. Objective: Implementation of Profile...

America First Credit Union taps Loquat for small business onboarding solution

America First Credit Union Partners with Loquat Inc for Enhanced Onboarding Experience: Key PointsPartnership Announcement:America First Credit Union, the fifth-largest credit union...
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