Cloud
FinTech
One in Seven UK High Street Shops Adopt Cashless Payments
New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless last year.Growing preference for cashless payments among consumers.Survey indicates a major...
FinTech
Morgan Stanley to Cut 2,500 Staff Across Divisions
The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...
FinTech
Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position
The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...
FinTech
Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex
The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...
FinTech
Citi and HSBC Invest in Trading Tech Player Adaptive, Boosting Innovation
This investment aims to enhance financial trading technology solutions.Highlights: Citi and HSBC jointly invest in trading tech company...
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...

