March 4, 2024 @ 2:01 pm By Omar Faridi  |  

Fiserv (NYSE: FI) is reportedly battling it out with Amadeus IT Group in order to acquire payments processor Shift4 Payments. This, according to an update from Reuters. Publicly-listed Shift4, which claims a market valuation of about $7 billion, has been running a sales process during… Read More

 Tagged amadeus it group, fiserv, payments, shift4 payments

March 4, 2024 @ 1:56 pm By Omar Faridi  |  

Oliver Wyman, a global firm focused on management consulting, and a business of Marsh McLennan (NYSE:MMC) announced the completion of its acquisition of Innopay. Innopay complements Oliver Wyman’s existing payments consulting capabilities. Innopay delivers strategy, scheme development, and execution “in the domain of digital payments,… Read More

 Tagged acquisition, innopay, marsh & mclennan, oliver wyman, shikko nijland, stephen whitehouse

March 4, 2024 @ 11:14 am By Omar Faridi  |  

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, and Blockchain Intelligence Group and TerraZero is pleased to report that Finliti, a wealth management software company that uses behavioral science to optimize investment decision making for brokerages,… Read More

 Tagged big digital assets, bigg, digital assets, finliti, jennifer schell, terrazero, wealth management, web 3.0, Web3

March 4, 2024 @ 11:10 am By JD Alois  |  

A payments provider and once one of the most successful Fintechs in Germany, Wirecard collapsed into a pile of allegations of fraud and misconduct. Wirecard, at one time part of the DAX and valued in the billions of dollars, became a huge embarrassment for regulators… Read More

 Tagged fraud, germany, jan marsalek, wirecard

March 4, 2024 @ 7:27 am By Omar Faridi  |  

Founder of Sibstar, which is a debit card and app for dementia patients and their families to safely manage their funds, has acquired £125,000 from Dragon’s Den investors Sara Davies and Deborah Maiden. The BBC reality series reportedly sees a number of budding entrepreneurs pitch… Read More

 Tagged apps, debit cards, deborah maiden, dragons den, sara davies, sibstar, uk, united kingdom

March 4, 2024 @ 7:25 am By Omar Faridi  |  

Businesses continued their positive start to the new year, Lloyds Bank’s latest Business Barometer has found. The Barometer – which measures businesses’ overall confidence “by assessing their trading prospects and optimism for the economy – found that while overall confidence dipped slightly to 42%, businesses… Read More

 Tagged business confidence, europe, hann-ju ho, insights, report, uk, united kingdom

March 4, 2024 @ 12:40 am By Omar Faridi  |  

Online investing platform Webull is reportedly planning to go public through a potential $7.3 billion merger with a blank-cheque company. Webull intends to list on the Nasdaq during the second half of 2024. This, after reportedly agreeing to a definitive deal with special purpose acquisition… Read More

 Tagged anquan wang, anthony denier, spacs, webull

March 3, 2024 @ 11:50 pm By Omar Faridi  |  

Currencycloud, the Fintech firm focused on simplifying business processes in a multi-currency environment, has teamed up with UK-headquartered Fintech company, TangoPay to improve its remittance service for its UK-based expat clients. This enhancement will be achieved by introducing real-time competitive foreign exchange (FX) rates along… Read More

 Tagged aleks stefanovski, basir sangerwal, currencycloud, europe, fintech adoption, fintech trends, payments, remittances, tangopay, uk, united kingdom

March 3, 2024 @ 10:00 pm By Omar Faridi  |  

Equifax (NYSE: EFX) is launching a real-time, Know Your Business (KYB) online Business Verification Solution offering “to help U.S. lenders and businesses of all sizes make faster, more informed decisions before onboarding new accounts or vendors.” New business applications in the United States have “been… Read More

 Tagged business verification solution, equifax, know your business, kyb

March 3, 2024 @ 9:34 pm By Omar Faridi  |  

SIX is partnering with Clearstream in order for the Connexor service of SIX to become a D7 Digital Market Partner to process and distribute reference data of financial instruments. D7 is Deutsche Börse’s digital post-trade platform for digitizing financial instruments, which allows for the issuance… Read More

 Tagged clearstream, connexor service, d7, deutsche börse, europe, six, switzerland