FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment aims to boost predictive market capabilities.Polymarket continues to innovate in financial...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...

Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment...
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Chloé Mayenobe joins paytech Thunes as chief operating officer

Chloé Mayenobe was appointed as COO of Thunes, a B2B cross-border paytech. Mayenobe is a seasoned tech leader with expertise in transforming and...

UAE’s Ajman Bank selects Codebase Technologies to power retail “super-app”

Ajman Bank partners with Codebase Technologies to launch a new retail "super-app." The bank also implements cloud solutions from Cloud4C and Microsoft Azure...

IndusInd Bank taps Viamericas for digital inward remittance offering

IndusInd Bank partners with Viamericas Corporation for digital inward remittances from the US to India. US-based Indians can use the Indus Fast Remit...

Stax Payments expands tech stack with APPS acquisition

Stax Payments is set to acquire Atlantic-Pacific Processing Systems (APPS) in a bid to expand its payment processing platform. Stax Payments, founded in...

BNP Paribas taps Lenvi to manage risk for factoring and receivables finance

BNP Paribas partners with fintech firm Lenvi for risk management and fraud analytics. BNP Paribas Factoring operates in 12 countries with €210 billion...

LSEG ditches legacy finance systems for Oracle Cloud

London Stock Exchange Group (LSEG) is transitioning 17 legacy finance systems to Oracle Fusion Cloud for efficiency and cost reduction. LSEG focuses on...

UK fintech Railsr gets back on track with $24m funding

Railsr, a UK-based fintech, secures $24 million in fresh funding. Existing investors, including D Squared Capital and Moneta Venture Capital, contribute to the...

Ziglu founder Mark Hipperson rejoins company as executive chairman

Mark Hipperson rejoins Ziglu as executive chairman. Ziglu, founded in 2018 and launched in 2020, specializes in mobile banking and cryptocurrency services. Kevin...

UK core banking tech vendor Thought Machine cuts workforce by 8%

Thought Machine, a UK-based core banking technology vendor, is reducing its workforce by 8%. Around 50 positions will be affected, primarily in sales,...
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