KeyBank to Acquire Online Lending Business Laurel Road

KeyBank National Association announced on Wednesday KeyBank and Laurel Road Bank have entered into a definitive agreement for the acquisition by Key of Laurel Road’s digital lending business. KeyBank reported that through the acquisition it will enhance its digital capabilities with customer-centric technology. According to… Read More

2018 Roundup: Indian Tech Startups Secured $11B, Fintech Deals Led Startup Investments

The Indian media platform Inc42 just released its Indian Tech Startup Funding Report 2018. According to the report, during 2018 Indian startups received $11 B total funding across 743 deals. While in 2017, 4 startups took away a little more than half the funding $6.9 Bn, in 2018… Read More

Raisin Added to Temenos Marketplace

Temenos AG (SIX: TEMN), the Switzerland based banking software provider, has added Fintech Raisin to their Marketplace. Raisin is an online service that enables savers to earn the highest interest rate possible in a current account regardless of geography. Temenos provides banking software to more… Read More

IronX Exchange Celebrates $26.3M+ IRX Token Sale, Beta Launch Continues

The IronX Exchange, a joint venture between global multi-asset broker IronFX and Cardano (ADA coin) creator EmurgoHK. The exchange has a full range of both crypto and fiat wallet funding options. Just in: IronX has raised $26,319,447.92 via its token sale. “The IronX token sale… Read More

Swift Announces New Pay Later API Standard to Increase Payment Choice For Consumers

SWIFT, a global member-owned cooperative and provider of secure financial messaging services, announced on Wednesday it has launched new “Pay Later” API standard, increasing payment choice for consumers. SWIFT reported that as part of an industry collaboration involving banks, merchants and technology providers, it has… Read More

BANKEX Teams Up With Digital Trust Fund to Develop Uzbekistan’s Digital Economy

Global fintech BANKEX announced on Wednesday it has formed a new partnership with Digital Trust Fund, a foundation established to support and develop Uzbekistan’s digital economy. BANKEX reported that the partnership allows it to facilitate the introduction of blockchain technology to all government agencies in Uzbekistan in order to… Read More

Temenos Launches Two New Cloud-Native Cloud-Agnostic Products to Accelerate Cloud Adoption

Banking software company Temenos announced on Wednesday the launch of its two new cloud-native, cloud-agnostic products, Temenos Infinity and Temenos T24 Transact. According to the company, these two products are to help accelerate cloud adoption and will combine complete banking functionality in the market, leveraging… Read More

MUFG Union Bank Acquires Supply Chain Finance Platform Trade Payable Services from GE Capital

MUFG Americas Holdings Corporation (MUAH) and GE Capital announced on Wednesday that MUFG Union Bank, N.A., a subsidiary of MUAH, will be acquiring Trade Payable Services (TPS), a supply chain finance platform, from GE Capital. MUFG Union Bank will reportedly assume management control of the systems and processes… Read More

Dow Jones Venture Report: Investment in European Companies Remains Steady but Deal Flow Dives

EU coins money Europe

Dow Jones has published their Q4 VentureSource report today and while investment in European companies “held steady” deal flow dropped. According to the report, the UK garnered the bulk of the activity with no Brexit impact visible. At least just yet. The report indicates that… Read More

UnionBank Launches Fully Digital Branch in the Philippines

Appian (NASDAQ: APPN), a firm that provides a software development platform that combines intelligent automation and enterprise low-code development to rapidly deliver powerful business applications announces that UnionBank of the Philippines used the Appian Platform to launch its first fully digital branch. The branch, which… Read More

Send this to a friend