Tagged: banking

Silicon Prairie Aims to Acquire a Bank, Looks to Raise Money in Securities Offering

Silicon Prairie, a multifaceted Fintech Company in the securities crowdfunding sector, is interested in acquiring a community bank. In a recent LinkedIn post, Silicon Prairie founder and CEO David Duccini stated that they are not a traditional Fintech story, but rather a Capital Technology firm… Read More

Germany’s Digital Bank N26 Reportedly Considers New Funding Round

European digital  bank N26 is making strides in both the financial and telecommunications sectors with its strategic business moves. The Berlin-based neobank is reportedly exploring a new funding round that could reshape its investor landscape while simultaneously breaking new ground by becoming the first digital… Read More

Banks Experience Market Share Rebound for Vehicle Financing in Q1 2025 : Experian

In the first quarter of 2025, banks reclaimed ground across the automotive finance industry, signaling notable market share growth. According to Experian’s State of the Automotive Finance Market Report: Q1 2025, banks’ total market share increased to 26.55% during the quarter, from 24.79% in Q1… Read More

TBC Bank Taps Market With $200M Bond to Fuel Uzbek Digital Banking Growth

TBC Bank Group PLC has issued a $200 million bond to accelerate the growth of TBC Uzbekistan, its rapidly expanding digital banking arm, as the group deepens its footprint in Central Asia’s largest economy. The synthetic three-year bond, denominated in Uzbek sum and settled in… Read More

TransactPay Teams Up with Griffin to Enhance its Client Proposition

TransactPay, a provider of UK & European BIN sponsorship and modular payment, debit, credit and prepaid services, has partnered with Griffin, the UK’s bank for fintechs and platforms. This partnership strengthens TransactPay’s banking infrastructure and enhances its “product offering for card programs in the UK.”… Read More

Digital Assets Banking Group Sygnum Reports $58M Strategic Growth Round

Digital asset banking group Sygnum announces it has raised a total of USD 58 million in its oversubscribed Strategic Growth Round, giving it a post-money valuation of more than 1 billion. Fulgur Ventures, cornerstone investor in the final close of Sygnum’s Strategic Growth Round, is… Read More

European Digital Bank N26 Enhances Premium Offering to Become “Go-To Bank” for Travelers

N26 announced the evolution of its premium subscription tier, “N26 You”, to “N26 Go”, a premium tier designed specifically for frequent travelers and modern explorers, giving them “access to seamless banking, saving and investing both at home and on the go.” N26 Go aims to… Read More

Regtech Sumsub Launches Bank Account Verification for Secure Onboarding and Compliance Across Europe

Sumsub announces the launch of its Bank Account Verification solution. The solution instantly verifies customer account ownership, outstanding balance, and detailed transaction history, which “enables businesses to prevent account takeover and payment fraud, assess user financial vulnerability and creditworthiness, and ensure compliance with key regulatory… Read More

Nymbus Levels Targets Fiserv Loyalty Programs

Nymbus, a full-stack banking platform for U.S. banks and credit unions, has launched Nymbus Levels: an enterprise-grade loyalty and rewards framework that empowers financial institutions to elevate their brand through bespoke loyalty experiences and dynamic pricing. Seventy percent of Americans cite loyalty programs as a… Read More

Mambu Payments to Extend Composable Banking Beyond Core

Global cloud banking firm Mambu unveils Mambu Payments, expanding its composable banking platform to include end-to-end payment capabilities. Following its acquisition of “payments technology provider Numeral in December 2024, this marks a significant step forward in Mambu’s mission.” The launch of Mambu Payments means Mambu… Read More

Former CFTC Chairman J. Christopher Giancarlo to Advise Digital Asset Bank Sygnum

Switzerland-based Sygnum, a digital asset bank, has announced that J. Christopher Giancarlo will be joining Sygnum as a Senior Policy Advisor. Giancarlo, the former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), is well-known for his support of digital asset innovation. Giancarlo served at the CFTC… Read More

OP Financial Group and Accenture to Enhance OP’s Insurance Business

OP Financial Group, the largest banking group of Finland, and Accenture (NYSE: ACN) have expanded their existing partnership to modernize OP’s non-life insurance business division, Pohjola Insurance. The collaboration builds on the firms’ work together in the banking sector and will “transform OP’s insurance business… Read More

Nubank Subsidiary Nu Colombia Introduces Initiative for Achieving Savings Goals and Financial Targets

Nu Colombia, part of Nubank (NYSE: NU), presents “Cajitas para mi gente” an initiative aimed at empowering Colombians to turn dreams into savings goals and achieve their financial objectives. New Nu customers will get a boost that “allows them to open a Money Box (Cajita)… Read More

Clear Street Investment Banking Expands Blockchain and Digital Assets Unit

Clear Street Investment Banking, an investment banking firm providing a full suite of strategic advisory, transaction and creative capital solutions to companies and investors across high-growth sectors such as technology, healthcare, energy and beyond, announced the expansion of its Blockchain and Digital Assets Investment Banking… Read More

Fintech Venture In-Solutions Global (ISG) and Bank of Baroda UAE to Launch Jaywan Cards

JP Morgan-backed Fintech venture, In-Solutions Global (ISG), has partnered with Bank of Baroda UAE to launch Jaywan Cards in the UAE. This collaboration reinforces ISG’s commitment to “enabling localised, secure, and cost-effective payment solutions for banks and consumers in the region.” The introduction of Jaywan… Read More

BBVA Launches New Fintech App in Spain with Savings Incentives

BBVA is launching a new version of its app in Spain, with a unique native code that is “scalable and exportable” to all countries where the bank operates. This technological overhaul, which includes “an artificial intelligence (AI) integration, marks a turning point in digital banking.”… Read More

Bank of Sydney Leverages Infosys Finacle Digital Banking Suite on AWS Cloud

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, and Bank of Sydney (BoS), announced the bank’s decision to select the Infosys Finacle Digital Banking Suite to power its transformation. Through this strategic collaboration, Bank of Sydney aims to “deliver a best-in-class staff and… Read More

GenTwo and Sygnum Bank Launch Offering to Accelerate Time-to-Market for Institutional Crypto Strategies

GenTwo, a Swiss Fintech specializing in the securitization of bankable and non-bankable assets, and Sygnum, a global digital asset banking group, have announced a joint offering that creates a streamlined pathway for financial institutions to bring crypto investment products to market. The joint solution combines… Read More

Raiffeisen Bank Now Live with Temenos Core in Bosnia-Herzegovina

Temenos (SIX: TEMN) announced that Raiffeisen Bank dd Bosnia-Herzegovina, a member of Austrian-based Raiffeisen Bank, has successfully gone live with Temenos Core for retail banking. The core modernization marks a key milestone, “enabling Raiffeisen Bank dd Bosnia-Herzegovina to enhance customer experience and drive greater efficiency.”… Read More

U.S. Bank Global Fund Services to Leverage Regtech Fenergo for Investor Onboarding Transformation

U.S. Bank Global Fund Services (GFS) announced it has engaged Fenergo, a firm focused on client lifecycle management technology, to digitize and streamline the investor onboarding and service experience. According to the update from Regtech firm Fenergo, this is said to be the first step… Read More

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