Banking Infrastructure

The Monetary Authority of Singapore (MAS) has rejected eight out of the 21 digital banking applications submitted by the beginning of the year, but more are heading for the chopping block.

Cloud-banking scaleup nCino has filed a Form S-1 at the U.S. Securities and Exchange Commission, thus officially kicking off the process to go public.

Palantir Technologies, which was created by PayPal co-founder Peter Thiel, has reportedly raised $500m in a new funding round, as it looks at the possibility of going public.

Banks and financial services firms are driving the growth of the FinTech market towards being worth $305bn by 2025, according to new research.

Neobank Upgrade has strengthened its finances with a $40m investment round led by Santander InnoVentures, the Santander Group's venture capital arm, and will use the money to fuel the growth of current and upcoming products.

Over half of bank mobile apps could leave companies and their clients exposed to fraud, according to a new report.

Neobank Revolut boasts having over one million retail and business customers who can from now on enjoy the FinTech unicorn's new open banking feature.

From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.

Sterling Federal Bank is on a mission to expand its consumer banking and mortgages services, it has tapped Finastra for its Fusion Phoenix solution.

Philippines-based Ayannah and India-based Electronic Cash and Payment Solutions (ECAP) have merged to create a pan-Asian company.