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IDB Invest and IFC team up to launch the Amazon Finance Network

Amazon Finance Network Launch:IDB Invest and IFC collaborate to launch the Amazon Finance Network. Announcement made at COP28 in the UAE.Network...

Credit Union 1 migrates core to Jack Henry’s Symitar platform

Deployment of Jack Henry's Symitar Core Platform:Credit Union 1 (CU1), the second-largest in Alaska, USA, has implemented Jack Henry's Symitar core platform....

Valley Bank CIO Stuart Cook leaves to join start-up True Digital Network as CEO

Stuart Cook Transition:Stuart Cook, former Chief Innovation Officer (CIO) of Valley National Bank, has left after 11 months. He has taken on...

AI-backed Aussie risk decisioning firm Rich Data Co raises $17.5m Series B

Rich Data Co (RDC) secures $17.5 million in Series B funding round. Plans for North American expansion fueled by the investment. Westpac and...

UK challenger Aldermore Bank enters strategic partnership with Mambu

Strategic Partnership: Aldermore Bank has entered into a strategic partnership with cloud banking platform Mambu to modernize its technology. Bank Overview: Aldermore Bank, founded in...

ICYMI fintech funding round-up: PhiCommerce, Yabi, Enfuce and more

PhiCommerce Funding Round:Indian payment solutions provider PhiCommerce secures $10 million in a Series A1 funding round. Led by Singapore-based VC firm BeeNext...

Metro Bank to axe 20% of jobs and review branch opening hours in push to cut costs

Metro Bank plans to cut 20% of its workforce as part of a cost-cutting initiative following shareholder approval of a refinancing deal. The...

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