12/16/2022
FIS agrees strategic review, makes board changes after shareholder pressure
In addition, the company is adding a board member in the shape of Mark Ernst, who had been EVP and chief operating officer at FIS rival Fiserv.
Innovation & Startups
12/16/2022
Middle East Becomes IPO Oasis Amid Cooling Financial Markets
PYMNTS noted this trend last month, finding that the Gulf Cooperation Council (GCC) region stands out as an exception, while most stock markets have seen a decline in both the volume and average value of IPOs.
12/16/2022
Distributed Ledger Technology (DLT) In The Revolutionising Digital World
Distributed Ledger Technology (DLT) is transforming the digital world, by allowing organizations to securely store, transfer, and manage data in a distributed, decentralized, and secure manner.
12/16/2022
Podcast: the evolution of regtech
Central Banking speaks to Clément Duhamel, business development and customer success manager at Invoke Software, about the evolution of regtech.
12/16/2022
Nedbank: Shifting digital boundaries with commercial banking redesign
Nedbank recognised that commercial market companies want more trusted support from a bank – they want advisors that can offer advice, insight, and support to take their respective businesses to the next level.
12/16/2022
Cayman Islands pass digital ID and ID card bills, Jamaica begins ‘zero-fail’ pilot
The West Caribbean nation will now begin creating the digital register while continuing to raise public awareness of the national identity system.
12/16/2022
EY opens fintech incubator in London
The firm’s incubator is based at its Canary Wharf London office and aims to launch another incubator next year in Edinburgh.
12/15/2022
Family finance startup Bling secures €3.5 million seed financing
Investors in the round include Peak and La Famiglia, with support from the founders of Amorelie, Orderbird and IDnow.
12/15/2022
Opensee raises EUR11m for real-time data analytics platform
Recent regulatory changes have multiplied the underlying data requirements for financial instructions by 10-fold or more, claims Opensee.
12/15/2022
Checkout.com knocks down internal valuation to $11bn
Revolut is now the highest-value startup in Europe.
12/15/2022
United Fintech acquires Cobalt to bolster foreign exchange and digital asset offering
The acquisition of the critical risk and data services provider is the fifth for the fintech since launching in 2020.
12/15/2022
United Fintech Acquires Cobalt To Strengthen FX & Digital Assets Trading Capabilities
The acquisition elevates United Fintech’s position as the leading end-to-end solution connecting financial institutions with innovative fintechs to accelerate digital transformation.
12/14/2022
Nigerian Agricultural Fintech Wins 2022 Visa Everywhere Initiative
Thrive Agric has also been announced as the winner of the Visa Direct award for its role in shaping the future of money movement in Nigeria.
12/14/2022
Value Partners Launches Asset Management App
The app intends not only to showcase the firm’s digital capabilities but also to help expand the demographics of its customer base.
12/14/2022
Societe Generale joins Spectrum Markets
Spectrum has scaled up its flexible infrastructure to handle the additional volume of order flow and quote data, increasing capacity by over 400%.
12/14/2022
B2B InsurTech Bondaval raises €15 million
Bondaval has now raised more than $25 million to-date within a brief two-year period.
12/14/2022
Barclays ups spending on climate-tech startups to £500 million
This next phase will see an enhanced focus on decarbonisation technologies that are enabling transition within carbon intensive sectors
12/13/2022
French instant credit fintech Younited raises €60m
The fundraising will allow the company to continue the deployment of its "instant credit" offering, which uses open banking to provide a decision in seconds.
12/13/2022
French instant credit fintech Younited raises €60m
The fundraising will allow the company to continue the deployment of its "instant credit" offering, which uses open banking to provide a decision in seconds.
12/13/2022
German Banks Respond to Big Changes With Transformation
Traditional banks are modernizing systems and business models as new competitors and products disrupt the industry, ISG Provider Lens™ report says