AI
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...
Banking
Sonali Bangladesh UK selects Finastra Essence for core banking tech overhaul
Partnership: SBUK, a UK-based bank focused on trade finance in Bangladesh, has selected Finastra Essence, a core banking solution, to modernize its banking...
Banking
Tuum names former Vocalink head David Yates as new chairman
New Chairman: David Yates, a financial services veteran, has been appointed as the new chairman of Tuum, a core banking software firm based...
Banking
Danish family-focused fintech start-up MyMonii closes down
Closure Announcement: Danish fintech start-up MyMonii, founded in 2015, has closed down after eight years in the market.
Company Focus: MyMonii operated a...
AI
Australia’s MyState Bank taps Backbase for Engagement Banking platform
Partnership Announcement: MyState Bank, based in Hobart, Tasmania, has selected Dutch digital banking solutions provider Backbase to enhance its digital banking services.
Platform...
AI
Klarna to resurrect BNPL fintech Laybuy in New Zealand following acquisition of assets
Klarna's Acquisition: Swedish payments company Klarna has acquired the assets of the BNPL fintech Laybuy in New Zealand.
Laybuy's Previous Struggles: Laybuy ceased...
Banking
HSBC reportedly considering sale of its South African business
HSBC Holdings is reportedly considering selling its South African business to focus on Asian markets, according to Bloomberg.
Potential interested bidders for the...
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