ESAF Small Finance Bank replaces FIS’ Profile with Oracle Flexcube as new banking core
ESAF Small Finance Bank has transitioned to Oracle Flexcube as its new core banking solution, replacing the previous system, Profile by FIS, which...
Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia
Banked, a UK-based fintech, has acquired Waave, a Sydney-based open banking paytech company.
The acquisition is aimed at strengthening Banked’s presence in Australia.
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HSBC launches embedded finance venture SemFi with Tradeshift
HSBC has launched SemFi, a new B2B embedded finance technology company, through its joint venture with Tradeshift, a San Francisco-based fintech.
SemFi enables...
Mastercard acquires Minna Technologies to upgrade subscription experience
Mastercard has agreed to acquire Swedish fintech Minna Technologies, specializing in subscription management, for an undisclosed amount.
Minna Technologies, founded in 2016 and...
Nexi Group lands €220m financing from the EIB
Nexi Group Secures €220M Financing: Italian paytech Nexi Group received €220 million in funding from the European Investment Bank (EIB) to support innovation...
US Department of Justice files civil antitrust lawsuit against Visa
DOJ Lawsuit Filed Against Visa: The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against Visa for alleged monopolization in...
India’s Cashfree Payments hires Nitin Pulyani as new head of product
Cashfree Payments has appointed Nitin Pulyani as its new head of product and senior vice president (SVP).
Pulyani will lead product development, focusing...
Payments infrastructure start-up Kevin reportedly declared insolvent by court in Lithuania
The Vilnius District Court in Lithuania has declared the payments infrastructure start-up Kevin insolvent.
A bankruptcy case has been opened, with IS Group...
US Department of Justice files civil antitrust lawsuit against Visa
US Department of Justice (DOJ) filed a civil antitrust lawsuit against Visa for "monopolisation" in debit network markets, citing violations of Sections 1...
