Banking Infrastructure

YES BANK partners with Microsoft to strengthen its AI-powered chatbot

Mumbai-based YES BANK has tapped Microsoft to develop its new AI-enabled chatbot name YES ROBOT.

nCino announces expansion of its bank operating system with new AI-powered addition nIQ

Cloud banking business nCino is expanding its bank operating system with nCino IQ (nIQ), an artificial intelligence and machine learning-based solution to boost the overall customer experience.

TONIK has selected the Finastra to power its banking infrastructure

Digital bank TONIK has picked Finastra’s Fusion Essence for its end-to-end core banking capabilities.

LendingClub acquires Radius Bank in $185m deal

LendingClub, an online lending marketplace, has wholly acquired Radius Bancorp, which includes its digital banking platform Radius Bank.

OpenPayd enhances its SEPA payment capabilities

Banking-as-a-Service provider OpenPayd has enhanced its payments capabilities with direct access to the SEPA (Single Euro Payments Area) payment scheme.

TIS secures $20m in its funding round led by Acquiline

TIS (Treasury Intelligence Solutions), a cloud-based platform for managing payments and cashflows, has secured $20m in its funding round.

Mastercard to acquire open banking FinTech Finicity in $825m deal

North American FinTech Finicity is being sold to Mastercard in a $825m deal, with the payments giant planning to leverage the acquisition to further its push into open banking.

Finastra and Microsoft inks partnership to boost digital acceleration in finance

Finastra and Microsoft have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services.

FinTech Ohpen acquires loan and mortgage software company Davinci

Dutch cloud-banking FinTech Ohpen has acquired cross-border loan and mortgages software provider Davinci.

Mastercard unveils new AI-powered suite enabling banks to assess cyber risk

Cyber Secure is Mastercard's new AI-powered suite of tools enabling banks to assess cyber risk across their ecosystem and prevent potential breaches.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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