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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ICYMI fintech funding round-up: Statement, iink, Finzly and more

Statement:Israel-based fintech Statement secures $12 million in seed funding. Led by Glilot Capital Partners with participation from Citi, Mensch Capital Partners, Titan Capital,...

Citi taps Navan to launch travel and expense system for commercial clients

Citi and Navan launch a new travel and expense system for Citi Commercial Bank cardholders. Initially available to US-based commercial clients. Combines Navan's...

Brian Cole joins ClearScore as group chief financial officer

Brian Cole is the new CFO of The ClearScore Group. Cole has over 25 years of financial services experience. He previously worked at...

Generali Investments’ holding company taps Fenergo for AML compliance

Generali Investments Holding partners with Fenergo:They tap Irish fintech Fenergo for bolstering financial crime controls. Aim to address a rise in money laundering...

Open banking fintech Plaid names Eric Hart as first chief financial officer

Plaid, a US-based open banking fintech, has appointed Eric Hart as its first CFO. Eric Hart brings 25 years of experience and joins...

Saga taps Flagstone to launch over-50s savings platform in the UK

Saga, a UK-based financial solutions provider for consumers over 50, partners with Flagstone for a new savings platform. The Saga Savings Platform will...

US regional bank United Community partners Allied Payment Network for real-time payments

United Community partners with Allied Payment Network United Community, a regional bank, operates in several US states Integrating real-time payment solutions into digital...

Vietnam’s LPBank selects Temenos for core banking upgrade

LPBank partners with Temenos for core banking upgrade:LPBank, a top private commercial bank in Vietnam, collaborates with Temenos for a core banking upgrade.New...

Indian fintech Aurionpro acquires loan management system Omnifin for $9.8m

Mumbai-based fintech firm Aurionpro acquires Omnifin from AS Software Services The all-cash transaction is valued at $9.8 million (INR 820 million) Acquisition includes...
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