Banking
UK regtech Facctum appoints two senior executives
Regtech company Facctum has appointed Onkar Inamdar as its head of engineering and Syam Chintapenta as its chief development officer. Inamdar will be responsible...
Banking
UAE’s Mbank partners Dgpays for digital wallet offering
UAE-based digital bank Mbank has partnered with Turkish B2B fintech Dgpays Group to launch a digital wallet designed to offer businesses and freelancers the...
Banking
Illimity Bank sells IT source codes to Engineering Group in €55.5m deal
Italian Illimity Bank has sold its IT platform source codes to Engineering Group in a €55.5 million deal. The agreement will allow Illimity to...
Banking
UK’s FCA selects NayaOne to build and operate Digital Sandbox platform
UK-based fintech NayaOne has been selected by the Financial Conduct Authority (FCA) to develop and manage the Digital Sandbox program, which offers a secure...
Banking
P27 Nordic Payments withdraws clearing licence application, leaving the project’s future unclear
P27 Nordic Payments has withdrawn its clearing license application from the Swedish Financial Supervisory Authority due to new regulations and requirements, casting doubt on...
Banking
BMO Financial Group names Darrel Hackett as new US CEO
BMO Financial Group has appointed Darrel Hackett as its new US CEO, president and CEO of BMO Harris Bank and CEO of BMO Financial...
AI
Intellect launches new open finance-based core banking platform, eMACH.ai
Intellect Global Consumer Banking has launched eMACH.ai, an open finance-based core banking platform hosted on the Amazon Web Services cloud. The platform enables financial...
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