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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National Australia Bank partners Greener to reduce small business climate emissions

National Australia Bank (NAB) has partnered with the start-up Greener to offer its small business customers access to Greener for Business, a digital...

NET Credit Union selects Bankjoy for digital onboarding solution

NET Credit Union, located in Scranton, Pennsylvania, has partnered with Bankjoy to implement an online and mobile onboarding solution for new customers. The...

Brookfield appoints Ron Kalifa as vice chair and head of financial infrastructure

Ron Kalifa, the former CEO of Worldpay, has been appointed as Vice Chair and Head of Financial Infrastructure at Brookfield Asset Management. Kalifa...

Coop taps Additiv to launch new financial services app Coop Finance+

Coop, one of Switzerland's prominent retail and wholesale companies, has partnered with embedded finance fintech Additiv to launch its Coop Finance+ financial services...

BNP Paribas and 321founded partner to launch marketplace payment management fintech Panto

BNP Paribas, the French banking group, has partnered with start-up builder 321founded to launch Panto, a fintech offering a payment management solution for...

Scottish challenger Alba Bank taps ClearBank for SME payment management

Alba Bank, a Glasgow-based challenger bank focusing on SMEs, has partnered with ClearBank, a provider of accounts, clearing, and embedded banking solutions, to...

Al Rayan Bank goes live with Confirmation of Payee solution from obconnect

Al Rayan Bank, a UK subsidiary of Qatar-based Masraf Al Rayan, has partnered with Obconnect to enhance payment security and combat fraud. The...

Kasssh launches in the UK to enable consumers to pay for online purchases in cash

New online cash payment solution, Kasssh, is now available in the UK. Kasssh offers a cash checkout option for online purchases. Consumers receive...

ECB’s digital euro project to enter preparation phase from next month

The European Central Bank (ECB) is entering the "preparation phase" of its digital euro project on November 1, 2023. This phase involves selecting...
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