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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Arteria AI bags $30m to help financial institutions extract data from documentation

Arteria AI, a Toronto-based tech start-up, secures $30 million in a Series B funding round led by GGV Capital. Existing investors, including Illuminate...

Morgan Stanley appoints Ted Pick as new CEO

Morgan Stanley has appointed its current co-president, Edward (Ted) Pick, as the new CEO and a member of its board of directors, effective...

US fintech start-up Aleph emerges from stealth with $16.7m funding

Aleph, a fintech startup based in New York, has emerged from stealth mode with $16.7 million in funding. The funding round was led...

FinTech Futures triumphs as best digital media platform at Fintech B2B Marketing Global Awards

FinTech Futures has won the Best Innovative Integrated Digital Media Platform Award at the FinTech B2B Marketing Global Awards. The award recognizes FinTech...

UK’s FCA places partner onboarding restrictions on embedded payments platform Modulr

Modulr, a London-based electronic money institution (EMI), has been subjected to partner onboarding restrictions by the Financial Conduct Authority (FCA). As an EMI,...

ClearBank designates Jonny Fry as digital assets strategy lead

ClearBank, a UK-based clearing and embedded banking platform, has appointed Jonny Fry as the head of its digital assets strategy. Jonny Fry's role...

Liberum Wealth goes live with Profile’s Axia Custody solution

Liberum Wealth, a subsidiary of Liberum Capital in London, has chosen Profile Software's Axia Custody for its investment management needs. The Guernsey-based subsidiary...

US Bank subsidiary Elavon lands UK banking authorisation

Elavon Financial Services DAC, a subsidiary of US Bank, has obtained authorization from the Bank of England as a licensed provider of financial...

Colombia’s Nequi taps TerraPay for international remittances

Nequi, a mobile banking app from Bancolombia, has partnered with the UK-based payments infrastructure company TerraPay to expand its remittance network for customers...
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