Tag: banking
ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more
CBi Group Funding:Secured $15 million in Series A funding led by Alpol Capital Family Office.
Funds to enhance R&D, focusing on AI...
California’s CBC Bancorp to acquire Bay Community Bancorp for $122m
Acquisition Announcement: CBC Bancorp is set to acquire Bay Community Bancorp in an all-cash deal valued at $14 per common share, totaling approximately...
Stanbic Bank Kenya set for Temenos core banking upgrade with Orion Innovation
Company: Stanbic Bank Kenya, part of South Africa’s Standard Bank Group.
Project: Upgrading its Temenos core banking system.
Partner: Orion Innovation, Temenos’ regional...
ABN Amro acquires Germany’s Hauck Aufhäuser Lampe in €672m deal
Acquisition Details:Price: €672 million
Seller: Fosun International
Buyer: ABN Amro, one of the Netherlands’ largest banksStrategic Goals and Impact:Combination with...
BBVA partners OpenAI to deploy ChatGPT among its employees
Deployment Details:Licenses: 3,000 ChatGPT Enterprise licenses distributed to employees in central services in Spain
Future Plans: Extend licenses to employees in other...
Arab National Bank in major upgrade of core banking system with Infosys Finacle
Arab National Bank (ANB) Upgrades to Infosys Finacle 11x:Upgrade Details:New Core Banking Solution: Infosys Finacle version 11x
Project Duration: 21 months
Staff...