CardWorks and Ally Financial pull the plug on merger because of Covid-19
Back in February, technology-enabled finance lender and compliance solution CardWorks announced it would be acquired by digital financial services firm Ally Financial. However, now those plans have been cancelled.
Fortitude Re welcomes Ming Zhang and Andrew Sooboodoo in pivotal roles
Fortitude Re has named Ming Zhang as their new Chief Risk Officer and Andrew Sooboodoo as its new Chief Regulatory Officer.
Metro Bank announces Insights, a new personal finance service
British challenger bank Metro Bank has revealed its AI-powered money management service Insights.
EMTECH, HaitiPay link to launch first Haitian CBDC
EMTECH, a central bank digital currency (CBDC) infrastructure provider, has teamed with Haitian FinTech HaitiPay to demo a CBDC and what impact it could have on the economy.
ERV Nordic chooses Simplifai to automate their claims management
Simplifai, the Secure AI Automation provider, has been chosen by ERV Nordic to enhance the efficiency of their travel insurance claims handling processes.
Zenus Bank becomes Visa principal member
As the US challenger bank Zenus Bank gears up to open later in 2020, it has now become a principal member of Visa.
Vesttoo fraud scandal: The story so far
Vesttoo ended 2022 by obtaining the much coveted Unicorn status, however 2023 has been anything but a fairytale, as the Israeli FinTech has found itself mired in the midst of a public fraud scandal.
Ripple launches $50m blockchain research fund for universities
Ripple has announced a new $50m fund to finance university research into blockchain and cryptocurrency technologies.
BalkanID scores $5.75m seed financing
BalkanID, a company focused on the identity, governance and administration (IGA) space, has landed $5.75m in a seed funding round.
Muinmos links with FX Back Office to transform FX broker onboarding and CRM
Muinmos, and FX Back Office (FXBO), have formed a partnership aimed at providing onboarding, KYC, and CRM solution for FX brokers globally.