UK firms embrace open banking for 150-hour annual savings
UK enterprises are recognising significant yearly operational savings by integrating open banking into their systems, a recent survey has disclosed.
EverBank enhances digital services through strategic alliance with Backbase
Backbase, described as the global leader in Engagement Banking, has entered into a strategic partnership with EverBank, known for its comprehensive financial services across consumer and commercial sectors.
FPX closes investment from HGGC to support global expansion
Configure Price Quote solutions FPX has closed an undisclosed investment from private equity firm HGGC.
Thoma acquires majority stake in Nintex
Thoma Bravo has acquired a majority stake in Australia-based workflow automation platform Nintex.
Stripe launches payment services to 7 new markets
Stripe, payments processing giant, has launched its services in services in Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, and Portugal.
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.
Peter Thiel’s Palantir said to raise $500m as it gears up 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.
Banking API developer Railsbank rakes in $37m investment
Railsbank, a banking-as-a-service provider, has scored $37m in its funding round to support the growth of its product suite.
Temenos partners with Canadian Western Bank to offer SMEs AI-driven digital banking solution
Banking software company Temenos teamed up with Canadian Western Bank to support SMEs with financial decision-making and scaling their businesses.
NatWest to block cryptocurrency payments following earlier FCA warning
UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.