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iZettle buys Scottish POS startup to beef up SME offering

Swedish mobile payments player iZettle is acquiring Scottish point of sale startup (POS) intelligentpos in a move that will expand its software offering to SMEs.

Applied Systems acquires insurance CRM developer TechCanary

Applied Systems, a cloud-based software developer for insurance firms, has acquired insurance customer relationship management (CRM) system TechCanary.

Morgan Stanley acquires Solium Capital in $900m deal

Solium Capital, a startup offering global equity administration, financial reporting and compliance, has been acquired by Morgan Stanley in a deal worth around $900m.

Vantiv acquires UK-based Worldpay for £7.7bn

Payment processor Vantiv has reportedly acquired UK-based Worldpay in a deal worth around £7.7bn.

Open banking company Tink acquires Instantor

Swedish FinTech Tink has ramped up its European expansion by acquiring Instantor, the credit decision solutions provider that uses open banking technology.
fintech insurtech wealthtech regtech ai cybertech esg news

Vantiv buys B2B payments firm Paymetric

Payments processor Vantiv is acquiring B2B payments company Paymetric from private equity firm Francisco Partners. The financial terms of the deal are undisclosed.

Digital identity startup Proxy acquires wearable technology company Motiv

Proxy is planning to make a big leap forward into how connected devices are being used by acquiring Motiv, the startup behind an internet of things (IoT) enabled ring.

FinTech sector welcomes Crowdcube and Seedrs merger

Despite some concerns about what it could mean for competition, the FinTech sector is seemingly happy about the announced merger between Crowdcube and Seedrs.
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NXT-ID buys payments IoT player Fit Pay

Security technology company NXT-ID is acquiring internet of things (IoT) payments company Fit Pay. The financial terms of the deal are undisclosed.

Octopus acquires WealthTech startup Seccl Technology for £10m

Seccl Technology, an outsourced custody service for wealth management, been acquired by Octopus Investments in a £10m deal.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

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