Pagaya secures five-year $280m credit facility led by BlackRock
Fintech firm Pagaya Technologies has secured a $280 million credit facility led by BlackRock, with participation from Israel Discount Bank, UBS O’Connor, JP...
Worldline to cut workforce by 8% with €200m cost-saving initiative Power24
Paris-listed payments firm Worldline plans to cut its global workforce by approximately 8%, resulting in the termination of around 1,400 positions.
The initiative,...
Fat Zebra bolsters CDR capabilties with acquisition of Aussie open data platform Adatree
Australian payments processor Fat Zebra has acquired Sydney-based Adatree, a platform for the Australian Consumer Data Right (CDR).
Adatree's platform allows companies in...
India’s PayU selects Thought Machine’s Vault Core to power LazyPay credit service
PayU, an Indian payment services vendor, has migrated its credit solution LazyPay to Thought Machine's core banking technology, specifically the Vault Core platform.
...
Nepal Clearing House selects ACI Worldwide to power National Payment Switch service
Nepal Clearing House (NCHL) has partnered with ACI Worldwide to leverage its enterprise payments platform for its upcoming National Payment Switch (NPS) system.
...
Unity Trust Bank appoints Colin Fyfe as new CEO
Unity Trust Bank (UTB), the UK's first trade union-owned bank, has appointed Colin Fyfe as its new Chief Executive Officer (CEO).
UTB, founded...
Core banking tech challenger Tuum secures €25m Series B to tap new territories
Core banking vendor Tuum has raised €25 million in a Series B funding round led by CommerzVentures, with participation from Speedinvest and existing...
Westpac taps Dancerace to upgrade its invoice finance operations
Westpac Banking Corporation, an Australian banking giant, has announced a partnership with UK-based software company Dancerace to enhance its invoice finance operations.
The...
OBL director Alan Ainsworth departs after six-year tenure
Alan Ainsworth has concluded his six-year tenure at the UK's Open Banking Ltd (OBL).
OBL, formerly the Open Banking Implementation Entity (OBIE), was...
