FinTech

Apax Spins Out Finastra Treasury and Capital Markets Business, Strengthening Focus

Finastra's TCM unit now operates under the new brand Teciem.Highlights: Finastra's Treasury and Capital Markets unit has been launched as Teciem.Apax Partners initiates spin-out to focus on fintech growth.Teciem...

TSB Warns of Spike in Romance Scams Amid Rising Online Fraud

Recent increase in romance scams targets vulnerable individuals.Highlights: TSB reports a dramatic increase in romance scams.Victims often lose...

TSB Warns of Spike in Romance Scams Affecting Customers

The UK bank alerts clients about increasing incidents of online fraud.Highlights: TSB reports a significant increase in romance...

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...
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Google Cloud launches AI-powered AML offering for financial institutions

Google Cloud has launched a new tool called Anti-Money Laundering AI (AML AI), which uses artificial intelligence to help financial institutions detect money laundering....

Binance exits Netherlands; under investigation in France

Cryptocurrency exchange Binance is exiting the Dutch market after failing to obtain a virtual asset service provider (VASP) license in the Netherlands. Existing Dutch...

ClearScore launches in New Zealand

ClearScore, a UK consumer finance group, has launched in New Zealand, offering consumers a website and app to check their credit scores and reports...

Nasdaq to acquire software firm Adenza for $10.5bn

Nasdaq is set to acquire Adenza, a financial services risk management and regulatory software provider, for $10.5 billion. The acquisition will enhance Nasdaq's platforms,...

Embedded payments platform Rize Money acquired by Fifth Third

Fifth Third Bancorp has acquired Rize Money, an embedded payments platform, in a deal whose value remains undisclosed. Rize Money's fintech infrastructure platform and...

Anne Boden to step down as CEO of Starling Bank

Anne Boden, the founder and CEO of Starling Bank, will be stepping down from her role on June 30. John Mountain, the COO of...

Credit union North Carolina SECU selects NCR for digital banking upgrade

North Carolina State Employees' Credit Union (SECU), the second largest credit union in the US, has selected NCR Corporation to upgrade its digital banking...

Financial health app VeraScore names Scott Waldron as new president

San Francisco-based start-up VeraScore has appointed Scott Waldron as its new president. Waldron brings extensive leadership experience from his previous roles at Valassis and...

Intapp acquires employee compliance software firm Paragon Data Labs

Intapp, a financial services software firm, has acquired Paragon Data Labs, an employee compliance software solution provider. The acquisition aims to enhance Intapp's risk...
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