PayTech

Augmentum Fintech Accepts £186M Cash Takeover Offer

The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover offer.This acquisition is a major event in the UK fintech sector.The...

New Banking License in Latvia Strengthens Market Entry Opportunities

Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to...

US Regional Banks Build Tokenized Deposit Network to Enhance Innovation

New collaboration aims to increase efficiency and client engagement.Highlights: US regional banks initiate a tokenized deposit network.Innovation focuses...

New Banking License in Latvia Could Boost Market Entrants

Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase...

Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan

Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...
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Science Card introduces new debit card offering to help accelerate UK scientific discovery

Launch of Science Card: Science Card, a London-based start-up, has launched in the UK to raise awareness of university research and address funding...

Apple set to open up access to NFC tech to third-party app developers

Apple Opens NFC Technology: Apple announced that starting with iOS 18.1, third-party app developers in select countries will gain access to its NFC...

Ireland’s PTSB extends partnership with Worldpay to expand merchant services offering

Expanded Partnership:PTSB, a Dublin-based bank, has expanded its partnership with Worldpay to offer additional merchant services to its commercial customers.Background:PTSB...

Banking Tech Awards 2024 nominations deadline extended to 6 September

Extended Nomination Deadline:The deadline for nominations has been extended to 6 September 2024 to accommodate delays due to summer holidays.Event Details:...

Nium looks to expand presence in LatAm with new licence applications

Licence Applications:Nium is applying for a Payment Institution licence in Brazil to offer extended payment services, including real-time payments via Pix and...

ICYMI fintech funding round-up: Layer2, Qardy, United Fintech, Minos, and more

Layer2 Financial:Funding: $10.7 million Series A. Investors: Led by Galaxy Ventures, with participation from Accomplice. Purpose: To drive market expansion, product development,...

CloudPay secures $120m funding round led by Blue Owl Capital

Funding Details:CloudPay secured $120 million in a funding round led by Blue Owl Capital, with additional participation from previous investors Hollyport Capital,...

Nuvei set to obtain licence in Brazil with proposed acquisition of Pay2All

Acquisition Agreement: Canadian payments processor Nuvei has agreed to acquire Pay2All to strengthen its position in the Brazilian payments market. Regulatory Authorization: Pay2All...

Bank of England launches discussion paper on “ambitious agenda” for UK’s payments landscape

Bank of England Discussion Paper on Payments Innovation Key Points:Objective:The Bank of England (BoE) has released a discussion paper to seek feedback on...
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