FinTech

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The new policy affects personal and business accounts.Customers are encouraged to apply...

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...

Meta Secures Multi-Billion Dollar Deal to Rent Google AI Chips

Partnership strengthens Meta's AI capabilities with advanced technology.Highlights: Meta signs multi-billion dollar deal with Google for AI chips.The...

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...

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...
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Moneythor names former Temenos head Martin Frick as new CEO

Leadership Transition at Moneythor: Moneythor, a Singapore-based fintech, has appointed Martin Frick as its new CEO and transitioned co-founder Olivier Berthier to the...

Mambu to power Canada’s Brunswick Credit Union amid MV Solar UK launch

Brunswick Credit Union Transition: Brunswick Credit Union is transitioning to the Mambu cloud banking platform ahead of the end of life of its...

Monese and coreless banking subsidiary XYB secure fresh funding ahead of separation

Funding Secured: Monese and its Platform-as-a-Service (PaaS) subsidiary XYB have secured fresh funding. Amount and Investors: The exact amount raised and the identity...

Nottingham Building Society taps Nova Credit to expand mortgage range

Partnership Overview: Nottingham Building Society, also known as The Nottingham, has partnered with California-based credit infrastructure and analytics firm Nova Credit. Objective: The...

Libro Credit Union to transition to nCino’s cloud banking platform

Partnership Overview: Libro Credit Union in Canada is transitioning its multiple legacy systems and lending operations onto nCino’s cloud banking platform. Libro's Profile:...

JP Morgan Chase to pay additional $100m penalty to US regulator over trade surveillance data gaps

Additional $100 Million Penalty: JP Morgan Chase is set to pay an additional $100 million penalty to an unnamed US regulator over alleged...

Globacap hires WealthKernel’s Brian Schwieger as new chairman

Appointment of Brian Schwieger as Chairman: Globacap, a private capital platform, has appointed Brian Schwieger, an industry veteran, as its new Chairman. Expectations:...

Former Thomson Reuters exec David Larson named Feedzai’s new CFO

Appointment of David Larson as CFO: Feedzai has appointed David Larson, a former Thomson Reuters executive, as its new Chief Financial Officer (CFO). ...

BNI Madagascar assigns Temenos cloud core implementation to Orion Innovation

BNI Madagascar's Digital Modernization Journey: BNI Madagascar, headquartered in Antananarivo, is undergoing a digital modernization journey to enhance services for SME clients and...
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