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Lloyds Bank taps Cleareye.ai to streamline trade finance documentation processing

Lloyds Bank has partnered with Cleareye.ai, a California-based AI and machine learning company, to enhance trade finance documentation processing and compliance checks. The...

Axway completes €330m acquisition of Sopra Banking Software

Deal Overview: Axway acquired SBS from Sopra Steria...

EU financial services analytics maturity report

Current State of Analytics: Evaluates the existing analytics...

MidWestOne Bank taps Temenos for digital onboarding solution

Partnership: MidWestOne Bank, based in Iowa City, has...

Natixis sells private credit business MV Credit to Clearlake Capital

Acquisition: Clearlake Capital Group, a US-based private equity...

Saldo Bank taps Enfuce to launch its first payment card programme

Partnership: Saldo Bank, based in Vilnius, Lithuania, has...

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Chime acquires employee rewards start-up Salt Labs

Acquisition Details: US neobank Chime has acquired employee rewards start-up Salt Labs for an undisclosed amount to strengthen...

Canadian fintech start-up Hardbacon closes down

Company Overview: Hardbacon, a Canadian personal finance fintech based in Montreal, has shut down after seven years of...

Mastercard to pilot Payment Passkey Service in India

New Service Introduction: Mastercard is launching a pilot for its new Payment Passkey Service in India. Participants: The...

Crown Agents Bank partners Visa to power cross-border payments in emerging markets

Partnership Overview: Crown Agents Bank (CAB) has partnered with Visa to enhance cross-border payment services for clients in...

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RBI set to launch United Lending Interface to simplify access to credit for underserved borrowers

New Platform Launch: The RBI is preparing to launch the United Lending Interface (ULI), a new technology platform...

New fintech Barq led by former STC Pay CEO launches in Saudi Arabia

Company Overview: Barq is a Saudi financial services start-up founded in 2023 and led by former STC Pay...

Visa reportedly in negotiations to acquire Featurespace in potential £700m deal

Potential Acquisition: Visa is reportedly in advanced talks to acquire UK-based fraud detection firm Featurespace in a deal...

Arch Lending raises $75m in equity and debt financing to power crypto-backed loans

Company Overview: Arch Lending, a New York-based fintech start-up founded in 2022, specializes in providing crypto-backed loans to...

India’s DMI Finance lands a further $334m investment from MUFG

Company Overview: DMI Finance, based in New Delhi, is a non-banking financial company (NBFC) that provides credit solutions...

Lettuce Financial bags $15m Series A led by Zeev Ventures

Funding Secured: Lettuce Financial, a San Francisco-based fintech start-up, has raised $15 million in a Series A funding...

US fintech start-up Received to close down

Company Closure: Received, a New York-based billing and accounts receivable platform, is shutting down. The decision was made...

Cardea acquires select assets from NSCG, rebrands as Fourcore Capital

Rebranding and Acquisition: Cardea Corporate Holdings, an Atlanta-based wealth management firm, has rebranded as Fourcore Capital following the...

Swiss National Bank announces launch of instant payments in Switzerland

Market Launch: The Swiss National Bank (SNB) has introduced instant payments in Switzerland, allowing around 60 Swiss financial...

Klarna to resurrect BNPL fintech Laybuy in New Zealand following acquisition of assets

Klarna's Acquisition: Swedish payments company Klarna has acquired the assets of the BNPL fintech Laybuy in New Zealand. ...

Malta’s Papaya promotes Igor Tsybolyuk to CEO

Promotion to CEO: Maltese fintech company Papaya has promoted Igor Tsybolyuk to the role of CEO, effective immediately....

Advans Pakistan Microfinance Bank in core banking tech overhaul with AutoSoft Dynamics

New Core Banking System: Advans Pakistan Microfinance Bank has implemented the AutoBanker core banking system from AutoSoft Dynamics,...

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