AI
Colendi lands banking licence to become Turkey’s first digital deposit bank
Colendi has received a banking license from Turkey's BRSA, allowing it to launch the country's first digital deposit bank, named ColendiBank. This move enables...
Banking
HSBC joins forces with Tradeshift to launch embedded finance business
HSBC and Tradeshift have formed a joint venture to develop embedded finance solutions and financial services apps, aiming to enhance trade, e-commerce, and marketplace...
Banking
German fintech start-up Monite bolsters leadership team with new hires
Berlin-based embedded finance start-up Monite has hired three new executives for its leadership team to drive growth and expand its presence in the EU,...
FinTech
Ten UK credit unions tap Engage for Faster Payments Service
Ten UK credit unions have partnered with Engage, a community banking division of Solaris, to utilize Engage's bulk Faster Payments Service (FPS). This collaboration...
Banking
Solaris raises €38m in funding to strengthen governance and compliance
European embedded finance platform Solaris has raised €38 million in Series F funding to strengthen its governance and compliance. The funding will support the...
Banking
Lithuania revokes licence of former Railsr unit
The Bank of Lithuania has revoked the license of UAB PayRNet, a former subsidiary of Railsr, due to serious violations of AML and payments...
Banking
US paytech Fortis expands into Canada, acquires SmartPay
US paytech company Fortis has expanded into Canada and acquired SmartPay, an embedded payments provider. This move allows Fortis to offer its payment technology...
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