Stanbic Bank Kenya Partners with Orion Innovation for Strategic Modernization
- 2 years 1 month ago
- Banking
Orion Innovation ("Orion"), a leading digital transformation and product development services company, today announced that it has signed an agreement with Stanbic Bank Kenya to facilitate an upgrade and modernization effort of basic banking services.
Bluefin Announces Completion of Elavon Certification for SUNMI Payment Terminal
- 2 years 1 month ago
- Payments
Bluefin, the integrated payments pioneer in PCI-validated Point-to-Point (P2PE) encryption and tokenization services that protect payments and sensitive data, today announced the completion of Elavon certification for SUNMI Payment Terminal. Bluefin customers using the company’s TECS Platform and processing through Elavon can order the devices right away.
HSBC Unveils Innovative New US Headquarters in Hudson Yards, Shaping the Workforce of the Future in New York City
- 2 years 1 month ago
- Infrastructure
HSBC today announced the inauguration of its new U.S. headquarters at The Spiral, a renowned office building in New York City’s Hudson Yards neighborhood, marking its largest U.S. relocation to date. This headquarter move, combined with investments in other offices across the country, reinforces HSBC’s position as a leading international bank with a commitment to New York City and its U.S. operations.
Apple Launches Tap to Pay on iPhone in Canada
- 2 years 1 month ago
- e-Payments
Apple today launched Tap to Pay on iPhone in Canada, empowering millions of merchants to use iPhone to seamlessly and securely accept in-person, contactless payments. Tap to Pay on iPhone makes it easy for businesses of any size to accept payments from contactless credit and debit cards, Apple Pay, and other digital wallets using only their iPhone and a partner-enabled iOS app — no additional hardware or payment terminal required.
Mastercard Joins UNDP in the Global Coalition Against Digital Scams
- 2 years 1 month ago
- Security
United Nations Development Programme (UNDP) and Mastercard have signed a Memorandum of Understanding to collaborate towards deepening the understanding of development impact of digital scams, and ways to detect and address them.
CBiGroup Completes $15M Series A Funding, Focuses on R&D
- 2 years 1 month ago
- Fundraising News
CBiGroup, a Fintech Group based in the U.S., has secured $15 million in Series A funding. Alpol Capital Family Office, known for its investments in new technologies, led the funding round.
MyGuava and Visa Launch Collaborative Out Of Home Campaign in London
- 2 years 1 month ago
- Payments
Guavapay, a global fintech company has announced its partnership with Visa, a world leader in digital payments, to launch an impactful Out Of Home (OOH) campaign across London. This collaboration aims to enhance awareness of MyGuava multicurrency Visa Card for users of MyGuava App and MyGuava Business, the flagship products of Guavapay.
VersiFi Acquires Ather Digital
- 2 years 1 month ago
- Trading Systems
VersiFi, the digital asset trading and lending firm, today announced it has acquired Ather Digital for an undisclosed amount. The deal, which closed in May, bolsters VersiFi's suite of trading technology to include direct market access (DMA), algorithmic trading and smart order routing (SOR).
Ageras Raises EUR 82 Million for New Acquisitions
- 2 years 1 month ago
- Fundraising News
Danish fintech Ageras, which provides accounting software to over 300,000 active European small businesses, has completed its sixth and largest investment round to date according to documents just filed with the Danish Business Authority. The round is a private placement totaling EUR 82 million and is oversubscribed with overwhelming commitments from both new and existing investors; to increase Ageras' acquisition opportunities in an attractive...
FE fundinfo Acquires German Fintech Dericon
- 2 years 1 month ago
- Investment
FE fundinfo, a leading financial data company connecting the asset management industry to distribution networks in the UK, Europe and Asia Pacific, today continues its European expansion with the acquisition of Frankfurt-headquartered Dericon, a pioneering fintech in Germany’s wealth management industry.
Banc of California’s Build@Banc Supports Startups from Seed Investment to IPO
- 2 years 1 month ago
- Banking
Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today the launch of Build@Banc, a service dedicated to providing tailored banking solutions to seed and early-stage innovative startups. The Build@Banc team also provides guidance and resources to help founders choose the right banking solutions and offers introductions to its well-established network of investors and advisers.
Burgan Bank Selects TCS BaNCS to Transform Its Core Banking
- 2 years 1 month ago
- Core Banking
Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, has signed a deal to modernize the core banking technology of Burgan Bank, a leading commercial bank in Kuwait.
CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans
- 2 years 1 month ago
- Lending
The Consumer Financial Protection Bureau (CFPB) today issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers. Accordingly, Buy Now, Pay Later lenders must provide consumers some key legal protections and rights that apply to conventional credit cards.
Earnix Highlights the Potential of Synthetic Data in Specialty Insurance
- 2 years 1 month ago
- Insurtech
Earnix, the leading global provider of AI-based SaaS solutions for financial services, today releases a high-level report highlighting the transformative potential of synthetic data to accelerate profitable growth and risk understanding in the context of the unique specialty London insurance market.
Cover Whale Announces $27.5 Million Investment by Morgan Stanley Expansion Capital
- 2 years 1 month ago
- Insurtech
Cover Whale Insurance Solutions, Inc., a leading insurtech specializing in connected insurance for commercial auto, today announced funding of $27.5 million in debt and equity from investment funds managed by Morgan Stanley Expansion Capital. The funding round, which also had existing debt investors convert into the Series A preferred, will support Cover Whale's continued growth and accelerate its progress toward transforming trucking insurance...
