Infrastructure & Enterprise Software

Infrastructure & Enterprise Software

Earnix becomes the next FinTech unicorn

Earnix, which has built an AI-powered pricing and product personalisation platform for insurance and banking, has reached the highly coveted unicorn status.

Tinkoff launches first Russian digital buy now pay later platform

Moscow-based digital bank Tinkoff has introduced the Dolyame.ru the country first buy now pay later (BNPL) platform.

American Express, Tink enter European banking partnership

American Express has teamed with Swedish open banking business Tink to bolster the latter’s onboarding process for new card members.

Biodiversity tool unveiled to help FIs manage extinction, ecological risk

A biodiversity module has been introduced to help financial institutions (FIs) explore to what extent their portfolios may impact species extinction and ecological integrity.

SIMON unveils Nationwide as newest member of its InsurTech marketplace

SIMON Annuities and Insurance Services have added insurance and financial services business Nationwide as the newest carrier in its InsurTech Marketplace.

Mastercard, Bilt team to unveil new credit card to support renters

Mastercard has collaborated with Bilt Rewards to launch Bilt Mastercard - a credit card that offers no fees on rent payments.

ESMA slaps €408,000 penalty on derivatives firm due to EMIR data breaches

The European Securities and Markets Authority (ESMA) has fined DTCC Derivatives Repository for seven breaches of the European Market Infrastructure Regulation (EMIR).

Santander initiates cash management app roll-out in the UK

Santander has started the roll-out of its CashFlow Manager app for businesses in the UK market.

Monese unveils new BaaS platform, enters partnership with Investec

Challenger bank Monese has entered a strategic partnership with Investec Bank following the recent introduction of the former’s banking-as-a-service (BaaS) platform.

Banks target more FinTech acquisitions, partnerships to boost market standing

A report by Lloyds Bank has found more UK banks are targeting collaboration and acquisitions with FinTech firms to strengthen their position in the growing market.

News Stories

Brookfield-reinsurance-argo-group-definitive-merger-agreement-all-cash-transaction-insurance-acquisition

Brookfield Reinsurance to acquire Argo Group

Brookfield Reinsurance and Argo Group International Holding have entered into a definitive merger agreement whereby Brookfield Reinsurance will acquire Argo in an all-cash transaction valued at approximately $1.1bn.
BIS

BIS Innovation Hub launches new stablecoin, CBDC programs

The BIS Innovation Hub has unveiled its 2023 work program, which involves projects on areas such as CBDC, DeFi and stablecoins.  
Struggling Brits eager for tailored support during cost-of-living crisis

Struggling Brits eager for tailored support during cost-of-living crisis

The cost-of-living crisis is putting 37 million Brits at risk of financial distress, a report from Tink suggests banks need to offer them some support.
Carbonplace

Group of banks invest $45m in Carbonplace

A group of nine banks have invested $45m into Carbonplace, a global DLT-based carbon credit transaction network.
top 10 deals in Indonesia 2022 chart

Just five deals accounted for 56% of FinTech investment in Indonesia during 2022

Key Indonesian FinTech Statistics in 2022: • Indonesian FinTech companies raised $2.5bn in 2022, a 56% increase from 2021 • Overall, there were 79 FinTech deals...

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