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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LHV Bank names Rachelle Frewer as new CFO

LHV Bank has appointed Rachelle Frewer as its new CFO, effective from January 2, 2024. Frewer will also join the bank's board of directors,...

BBVA to hire over 2,600 technology experts in 2023

BBVA, the Spanish banking giant, has launched a job portal with the goal of hiring over 2,600 technology professionals by the end of 2023....

Lithuania publishes national fintech guidelines

Lithuania has published National Fintech Guidelines as part of its plan to establish itself as a leading fintech hub in the European Union (EU)....

UK signs financial services cooperation agreement with EU

The UK and EU have signed a financial services cooperation agreement to establish a constructive and mutually beneficial relationship in the financial sector. FactsUK...

Orange in exclusive negotiations with BNP Paribas as it looks to exit retail banking market

French telecommunications giant Orange Group is in exclusive negotiations with BNP Paribas to transfer its Orange Bank customers and exit the retail banking market....

Visa to acquire payments and banking platform Pismo for $1bn

Visa, the payments giant, has announced its plans to acquire Brazilian issuer processor and core banking platform, Pismo, for $1 billion in cash. This...

Over 150 senior-level executives set to join FinTech Futures’ 40th Anniversary Summer Party

FinTech Futures is hosting its 40th Anniversary Summer Party, bringing together over 150 senior-level executives from prominent banking and fintech companies. The event will...

UK fintech TreasurySpring secures $29m Series B funding

London-based fintech firm TreasurySpring has successfully raised $29 million in a Series B funding round, led by Balderton Capital. The funding will be used...

Novobanco taps Feedzai for fraud protection and enhanced CX

Portuguese bank Novobanco has partnered with Feedzai to enhance its customer experience, improve its digital journey, and provide fraud protection. Novobanco will deploy Feedzai's...
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