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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Monzo announces new feature to help protect customers against impersonation scams

Monzo, a UK-based digital bank, has introduced a new 'call status' feature in its app to protect its eight million customers from impersonation scams,...

Commonwealth Bank of Australia snaps up business lending platform Waddle from Xero

Commonwealth Bank of Australia (CBA) has acquired the cloud-based invoice lending platform Waddle through its venture-scaling arm x15ventures. FactsCBA acquired Waddle, a Sydney-based fintech...

Israel’s ThetaRay secures $57m to accelerate global expansion

ThetaRay, an Israeli AI-based transaction monitoring and screening solution provider, secures $57 million in funding led by Portage, with participation from existing investors. FactsThetaRay,...

Emirates NBD makes strategic investment in trade finance tech firm Komgo

Dubai-based banking group Emirates NBD has made a strategic investment in Komgo, a software firm catering to the trade finance industry, through its Innovation...

Alpian CEO Schuyler Weiss resigns to pursue public service in the US

Schuyler Weiss, CEO of Swiss neobank Alpian, resigns to pursue a career in public service in the US. Gianmarco Bonaita, the deputy CEO, is...

Pepper Money agrees to buy HSBC’s New Zealand mortgage portfolio

Australian non-bank lender Pepper Money is set to acquire HSBC's NZ$1.4 billion mortgage portfolio in New Zealand, pending approval by the New Zealand Overseas...

MAS appoints Chia Der Jiun as managing director with Ravi Menon set to retire

Chia Der Jiun has been appointed as the new managing director of the Monetary Authority of Singapore (MAS), succeeding Ravi Menon, who is retiring...

BlinkPay readies New Zealand for open banking with new services

Māori fintech BlinkPay partners with New Zealand banks to introduce open banking, aiming to enhance financial services and security. FactsBlinkPay, a fintech company in...

FundBank taps Profile Software for its custody solution

FundBank, formerly known as DMS Bank & Trust, has partnered with Profile Software to implement its custody solution and automate its operations, enhancing its...
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