League Data First in Canada to Bring Mambu Cloud Banking to Credit Unions Français
- 9 months 1 week ago
- Banking
A first for the Canadian financial industry, League Data, the CIO and technology partner for Atlantic credit unions, announced today that they have successfully converted Brunswick Credit Union to the Mambu cloud-based banking platform. As their legacy core banking system is approaching end of life in 2025, League Data is seizing the opportunity for further digital transformation of its credit unions to modernize the banking experience for...
Bank of Ireland Investing Additional €34 Million in Customer Service Improvements
- 9 months 1 week ago
- Investment
Bank of Ireland has announced a major additional investment in customer services with more than €34 million in the transformation of its telephony and Customer Relationship Management (CRM) systems.
Securitize Announces $47 Million Strategic Funding Round Led by BlackRock
- 9 months 1 week ago
- Fundraising News
Securitize, the leader in tokenizing real-world assets, today announced the successful completion of a $47 million funding round led by BlackRock (Nasdaq: BLK). The strategic investment also includes funding from Hamilton Lane (Nasdaq: HLNE), ParaFi Capital, and Tradeweb Markets (Nasdaq: TW).
Ushur Introduces Digital Engagement for KYC and Paperless Enrollment
- 9 months 1 week ago
- AML and KYC
Ushur, the leader in AI-powered Customer Experience Automation (CXA), has launched its self-service solution for financial institutions to automate Know Your Customer (KYC) and paperless enrollment processes.
Zopa Bank Amasses £4 Billion in Customer Deposits
- 9 months 1 week ago
- Banking
Zopa Bank has surpassed £4 billion in customer deposits just under four years since getting its banking license. The ISA market has been particularly enticing to consumers looking for a tax efficient way to save. Bank of England statistics show that UK savers have been consistently moving ~£3 billion per month into ISAs for several months now, buoyed by higher interest rates.
Brite Payments Founder & CEO Lena Hackelöer Honoured at Women in Payments EMEA Awards
- 9 months 1 week ago
- Infrastructure
Lena Hackelöer, Founder & CEO of Brite Payments, has been recognised by Women in Payments with the ‘Inspiration Award’ at the recent Women in Payments EMEA Awards. The awards, which were presented as part of the Women in Payments EMEA Symposium, recognise payment industry professionals for their leadership, innovation, commitment to strengthening the industry, and for advocating for the success of women in the payments ecosystem.
Globacap Appoints Wealthkernel’s Brian Schwieger as Chairman
- 9 months 1 week ago
- People Moves
Globacap, the private capital markets technology firm, has today announced the appointment of Brian Schwieger as Chairman, assisting Globacap to accelerate its scaling journey.
Finxact and Zafin Collaborate to Bolster Capabilities and Support Core Banking Transformation
- 9 months 1 week ago
- Core Banking
Finxact, a Fiserv company and leading provider of the next-gen core banking platform to the U.S. regional and super-regional banking sector, and Zafin, a leading provider of SaaS core modernization and transformation solutions for banks, are revolutionizing how financial institutions approach core transformation projects.
Worldpay Makes Payments Even Easier, Launches Tap to Pay on iPhone
- 9 months 1 week ago
- Payments
Payment facilitators working with the Worldpay® PayFac™ suite of services to operate their payments services can now enable Tap to Pay on iPhone for their merchants. Two PayFac partners, Fullsteam and Autobooks, have launched the new service from Worldpay, which allows their merchants to use an iPhone to securely accept contactless payments including contactless credit and debit cards, Apple Pay and other digital wallets—no additional hardware...
Hidden Costs, Complexity of International Payments Threaten Small Business Expansion, New Research Reveals
- 9 months 1 week ago
- Payments
American small- and medium-sized businesses (SMBs) looking to expand abroad face harsh logistical realities, shows new research commissioned by global technology company Wise. The complexity and cost of international payment services, alongside macroeconomic pressures, are cited as key barriers thwarting these businesses’ global ambitions.
Uplinq Adds Former Visa Small Business Leader Matt Baker as Strategic Advisor, Strengthening Business Development Efforts
- 9 months 1 week ago
- People Moves
Uplinq Financial Technologies, the first global credit decisioning support platform for small business lenders, today announced the addition of global banking and payments executive Matt Baker, former North America Head of Small Business, Visa Commercial Solutions, as a strategic advisor. Baker’s appointment signifies Uplinq’s continued growth and its commitment to expanding access to working capital for small businesses globally.
Altruist Raises $169M Series E to Set a New Standard in Wealth Management
- 9 months 1 week ago
- Fundraising News
Altruist, the modern custodian built for RIAs, today announced a $169M Series E round of funding led by ICONIQ Growth with participation from new investor Granite Capital Management, and continued support from existing investors Adams Street Partners and Sound Ventures. The new round brings the company’s total funding to over $450M and values the company north of $1.5B. In conjunction with the funding, Yoonkee Sull, General Partner at ICONIQ...
Cobo and Coincover Join Forces with XLink to Drive Bitcoin’s Evolution into DeFi Using MPC Custody Technology and Disaster Recovery Capabilities
- 9 months 1 week ago
- Cryptocurrencies
Cobo, a leading provider of digital asset custody solutions, today announced a strategic partnership with XLink, a pioneering intent-based omnichain Bitcoin liquidity network and a subsidiary of ALEX, the leading DeFi platform on Bitcoin.
Yuno and Kushki Join Forces to Transform Digital Payments in LatAm
- 9 months 1 week ago
- Payments
Yuno, the leading global payments orchestration platform, today announces a strategic partnership with Kushki, a payments technology company that connects Latin America through payments, to optimize the digital payments ecosystem, improve the purchasing experience and reduce transaction costs in the region.
Nayax Completes Acquisition of VMtecnologia
- 9 months 1 week ago
- Payments
Nayax Ltd. a leading global commerce enablement, payments, and loyalty platform designed to help merchants scale their business, today announced it has completed its acquisition of VMtecnologia, a leading technology provider for the automated self-service industry in Brazil.