Banking Infrastructure

El Salvador becomes first country to make Bitcoin a legal currency

The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.

Checkout.com expands Estonia footprint with Icefire acquisition

Payments solutions provider Checkout.Com has purchased Estonian software development firm Icefire for an undisclosed fee.

Report finds branch-based banking may become obsolete within five years

A report published by Temenos has found that 65% of global banking executives believe branch-based banking will be ‘dead’ within a five-year period.

Electronic IDentification unveils digital solution to simplify onboarding process

Spanish identity software specialist Electronic IDentification (eID) has launched a new solution aimed at building any digital onboarding process within hours.

Nationwide unveils new bank cards for the blind

Nationwide Building Society has started issuing ‘dot and notch’ embossed and recycled bank cards for its blind customers.

PayTech Sokin joins Arsenal Football Club as money transfer partner

UK-based global payments provider Sokin has teamed with Arsenal FC to become its new official money transfer partner.

Aspire scores $158m in its Series B round

Aspire, a platform designed to help a business with all their financial needs, has reportedly collected $158m in Series B funding. The round was led...

CRED continues strong year of funding with $251m Series E

Indian credit card bill payment app Cred has netted $251m from a Series E funding round led by Tiger Global and Falcon Edge Capital.

Stori pushes ahead in Latin America with $200m financing

Mexican FinTech Stori has secured over $200m in financing following a $125m Series C raise and a $75m debt financing haul.

Are payment service providers equipped to ride the cross-border e-commerce wave?

A recent blogpost by Currencycloud has underlined how payment service providers (PSPs) and acquiring banks are best served to aid the growing cross-border e-commerce market.
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How to attract fast-growth customers in banking

How to attract fast-growth customers in banking

Technology has transformed banking into flexible system that can no longer rely on the mantra of one-size-fits all. Banks need to meet the modern demands of customers. While this might seem simple, not all customers have the same expectations and so banks need the flexibility to provide customers with the services and tools they really want.
Cogo and Tandem Bank enhance app to track and reduce carbon footprints

Cogo and Tandem Bank enhance app to track and reduce carbon footprints

Green FinTech Cogo and Tandem Bank collaborate to integrate a carbon management solution into Tandem's banking app, enabling customers to effectively measure, understand, and reduce their carbon emissions.
AI-powered FinTech Lendbuzz announces $262m securitization

AI-powered FinTech Lendbuzz announces $262m securitization

Lendbuzz, an AI-based FinTech firm, has successfully closed a significant $262m asset-backed securitization.
Pinpoint Predictive raises $23m to transform underwriting with AI technology

Pinpoint Predictive raises $23m to transform underwriting with AI technology

Pinpoint Predictive, an innovator in the InsurTech sector, has successfully completed its Series A funding round, amassing more than $23m.
HUMAN raises over $50m to bolster digital safety and combat online fraud

HUMAN raises over $50m to bolster digital safety and combat online fraud

HUMAN, a leading cybersecurity firm, announced today that it has secured over $50m in growth funding.
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