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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Berlin to host international fintech festival

Berlin will host the first International Fintech Festival, called FIBE, on April 24-25, 2024. The festival aims to bring together fintech startups, investors, traditional...

Robinhood snaps up credit card platform X1 for $95m

Robinhood, the US stock trading app, has announced its acquisition of San Francisco-based credit card platform X1 for $95 million in cash. The deal...

PE firm Flexpoint Ford acquires loan origination fintech Baker Hill

Flexpoint Ford, a private equity firm, is set to acquire Baker Hill, a cloud-based loan origination fintech company. The acquisition aims to support Baker...

Google Cloud launches AI-powered AML offering for financial institutions

Google Cloud has launched a new tool called Anti-Money Laundering AI (AML AI), which uses artificial intelligence to help financial institutions detect money laundering....

Binance exits Netherlands; under investigation in France

Cryptocurrency exchange Binance is exiting the Dutch market after failing to obtain a virtual asset service provider (VASP) license in the Netherlands. Existing Dutch...

ClearScore launches in New Zealand

ClearScore, a UK consumer finance group, has launched in New Zealand, offering consumers a website and app to check their credit scores and reports...

Nasdaq to acquire software firm Adenza for $10.5bn

Nasdaq is set to acquire Adenza, a financial services risk management and regulatory software provider, for $10.5 billion. The acquisition will enhance Nasdaq's platforms,...

Embedded payments platform Rize Money acquired by Fifth Third

Fifth Third Bancorp has acquired Rize Money, an embedded payments platform, in a deal whose value remains undisclosed. Rize Money's fintech infrastructure platform and...

Anne Boden to step down as CEO of Starling Bank

Anne Boden, the founder and CEO of Starling Bank, will be stepping down from her role on June 30. John Mountain, the COO of...
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