Banking
American Express to acquire UBS’s 50% stake in Swisscard, becoming sole owner
Acquisition Details: American Express (Amex) will buy UBS’s 50% stake in Swisscard AECS, making Amex the sole owner. The transaction’s value is undisclosed...
Banking
CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”
Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90 million in total penalties and...
Banking
Tompkins Community Bank deploys NCR Atleos’ ATM-as-a-Service
Partnership Announcement: Tompkins Community Bank, headquartered in Ithaca, has selected NCR Atleos’ ATM-as-a-Service (ATMaaS) to modernize its self-service channels in New York and...
Banking
EquiLend names former ION head Rich Grossi as new CEO
New CEO Appointment: EquiLend, a securities lending platform, has appointed Rich Grossi as CEO.
Growth Focus: Grossi’s role is to drive growth and...
AI
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
Deal Overview: Socure, a US digital identity verification and fraud prevention platform, will acquire San Francisco-based risk decisioning start-up Effectiv for $136 million.
...
Banking
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
Authologic Raises $8.2 Million in Series ALocation: Poland
Funding: $8.2 million Series A
Led by: OpenOcean, with support from YCombinator, Peak Capital, and...
Banking
Stripe reportedly in discussions to buy stablecoin infrastructure start-up Bridge in potential $1bn deal
Stripe, a leading US payments company, is reportedly in advanced discussions to acquire Bridge, a stablecoin infrastructure start-up, in a deal potentially valued...
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