Sainsbury's Sells ATM Business to NoteMachine, a Brink’s Company, and Enters into Partnership for Ongoing Provision of ATM Services
- 3 months 3 days ago
- ATMs
Today, Sainsbury’s has announced the sale of its ATM business to NoteMachine, a Brink’s Company and one of the UK’s leading ATM operators.
Rapid Finance and Gestalt Tech Announce Strategic Integration to Enhance SMB Lending Capabilities
- 3 months 3 days ago
- Lending
Rapid Finance, a leading small business financing platform specializing in providing customized financing solutions, announced its new partnership with Texas-based Gestalt Tech, a provider of a cutting-edge data warehouse solution designed for financial institutions. Through this partnership, lenders using Gestalt can seamlessly integrate with Rapid’s small business lending automation solution, Decisioneer.
Sucden Financial Appoints Head of Exchange-Traded Derivatives
- 3 months 3 days ago
- People Moves
Sucden Financial, the multi-asset execution, clearing and liquidity provider, has appointed Rob Noyce as Head of Exchange-Traded Derivatives.
Proposed New Rules to Better Protect Customers of Payments Firms
- 3 months 3 days ago
- Payments
Use of payments firms has grown in recent years, but the FCA says it continues to see poor safeguarding practices from firms. Funds held by payments and e-money firms are not directly protected by the Financial Services Compensation Scheme (FSCS). Instead, firms must safeguard funds which can mean customers lose money or experience delays to funds being returned if the firm fails.
Neeraj Kumar Joins Pismo to Lead Enterprise Architecture
- 3 months 3 days ago
- People Moves
Pismo, the global cloud-native core banking and cards platform, announced that Neeraj Kumar, based in the UK, will lead the enterprise architecture structure. Kumar, who has more than 25 years of experience in IT strategy, architecture, and infrastructure, will help define Pismo's platform architecture roadmap to increase even more resilience, security, scalability, and performance.
Fibabanka Launches Türkiye’s First BaaS Platform in Partnership with GetirFinans
- 3 months 3 days ago
- Banking, Cloud
Fibabanka, a leading player in Türkiye’s banking sector, has launched the country’s first Banking as a Service (BaaS) model through an innovative collaboration with GetirFinans, which received a total of $70 million in investment last year at a valuation of $250 million. This partnership, a significant step in Fibabanka’s broader strategy to expand its BaaS platform, provides non-banking businesses with the infrastructure to offer tailored...
BofA to Open More Than 165 Financial Centers by End of 2026
- 3 months 3 days ago
- Banking
Over the last 10 years, Bank of America has been expanding its financial center network, opening locations nationwide in new and existing markets. The bank is on track to open more than 165 new centers across 63 markets by the end of 2026, including nearly 40 this year. This is in addition to the more than 100 centers the company opened over the last two years.
Leading Fintech African M-KOPA Reaches 5 Million Customers, Unlocking $1.5bn in Credit Across 5 Markets
- 3 months 3 days ago
- Infrastructure
M-KOPA, a leading emerging market fintech, announced that it has surpassed 5 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa. Two million of these customers have come onboard in the past 15 months.
Crystal Boyer Promoted to Chief Customer Officer at Plinqit
- 3 months 3 days ago
- People Moves
Plinqit, an award-winning provider of high-yield and automated savings software solutions that enable financial institutions to grow deposits, attract new customers and expand their retail footprint, is proud to announce the promotion of Crystal Boyer to Chief Customer Officer (CCO). In her new role, Boyer will lead Plinqit’s efforts to enhance customer success, drive satisfaction, and ensure alignment across all customer-facing teams.
Backbase Unveils Intelligence Fabric to Unlock AI-Productivity Gains for Banks
- 3 months 3 days ago
- Banking
Backbase is excited to announce a major expansion of the Engagement Banking Platform with the introduction of the Intelligence Fabric layer, a powerful set of data and AI infrastructure and development capabilities that are now natively embedded in the platform.
APRON Raises $30 Million Series B to Help More Small Business Owners Take the Pain Out of Payments
- 3 months 3 days ago
- Fundraising News
APRON, the business payments powerhouse, has raised a $30 million Series B funding round to help more small business owners make it by digitising and simplifying the payments process, and bring greater security to these companies’ cash flow.
Finastra Hires Industry Heavyweight to Head Lending Business
- 3 months 3 days ago
- People Moves
Finastra today announced the appointment of Andrew Bateman in the role of EVP, Lending. Andrew is responsible for the leadership and growth of Finastra’s Lending Business Unit.
Savers’ Interests Must Be at the Heart of Pension Market Changes, PensionBee States in DWP Pension Investment Review Response
- 3 months 3 days ago
- Personal Finance
PensionBee, a leading, UK-based global online pension provider, has responded to the Department for Work and Pensions' (DWP) Pension Investment Review, emphasising the importance of keep
Checkout.com Unveils a Suite of Product Launches and Continued 40% Annual Revenue Growth
- 3 months 3 days ago
- Financial
Checkout.com, a leading digital payments company, today announced several new product innovations at its global enterprise customer event, Thrive, held in Barcelona, Spain.
Dotfile Raises €6M to Automate Compliance with AI
- 3 months 3 days ago
- Fundraising News
Today, Dotfile, a French RegTech company created in 2021 within the startup studio Hexa (fka eFounders), announces a €6M fundraising, just over a year after a first round of €2.5M. This new round is led by Seaya Ventures, with the participation of existing investors Serena and Hexa.