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Illimity Bank sells IT source codes to Engineering Group in €55.5m deal

Italian Illimity Bank has sold its IT platform source codes to Engineering Group in a €55.5 million deal. The agreement will allow Illimity to...

P27 Nordic Payments withdraws clearing licence application, leaving the project’s future unclear

P27 Nordic Payments has withdrawn its clearing license application from the Swedish Financial Supervisory Authority due to new regulations and requirements, casting doubt on...

Santander taps DailyPay to offer on-demand pay services

Santander Bank has teamed up with DailyPay to provide its commercial banking clients in the US with an on-demand pay solution. This solution will...

Greenpeace taps Nexi Greece for digital payment security services

Nexi Greece, part of the Italian paytech company Nexi Group, has teamed up with Greenpeace to provide secure payment services for Greenpeace supporters. The...

Worldline partners Crédit Agricole to build “major payments player” in France

Worldline and Crédit Agricole have announced their partnership to build a new joint payment company in France that will leverage both companies' capabilities in...

Canadian Tire Bank taps Temenos for digital-first core banking upgrade

Core banking vendor Temenos has been selected by Canadian Tire Bank (CTB) as the firm looks to replace its legacy systems with Temenos’ suite...

Two US banks tap fintech Chimney to boost customer engagement

Farmers & Merchants Bank and Northwest Bank have selected US-based fintech Chimney’s platform to improve customer engagement.Two US banks select Chimney’s platform New York-based Chimney’s...

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