Finastra selects OpenFin to enhance Kondor treasury management solution
OpenFin’s workspace software will “redefine the user experience” of Kondor, Finastra says.
OpenFin’s workspace software will “redefine the user experience” of Kondor, Finastra says.
Glover has served as CRO of nCino since 2019, and became its president in 2021.
The firm will leverage Microsoft’s Azure AI services, including its AI Search and AI Document Intelligence functions.
Barclays was a bidder for the programme back in 2020 before Capital One eventually sold it to Goldman.
The firms expect the deal to be finalised in the first quarter of 2025.
The credit union is also converting its core system to Corelation Keystone.
Blend will use the cash to repay “all amounts payable” under its existing credit agreement.
Krishnan will also serve as a member of Vatic AI’s board of directors and will remain situated in Singapore.
The new system is powered by the open-source payment platform Mojaloop.
Quinn says he will retire “after an intense five years” leading the global bank.
Kevin Chapman will succeed Renasant’s incumbent CEO Mitchell Waycaster in May 2025.
The new facility from Pollen Street Capital will support the lender’s future growth plans.
Solid will reportedly buy back FTV’s stake in the start-up in full, according to Fintech Business Weekly.
Fulton Bank will “assume substantially all of the deposits and purchase substantially all of the assets” of the bank.
The WG-QSC intends to publish its initial findings ahead of Sibos in October 2024.
Partially financed by Stifel Venture Banking, the deal marks Paystand’s second acquisition in two years.
The service will enable customers to transact USDC stablecoins via Solana, Ethereum and Polygon.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
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Zafin CEO Al Karim Somji will hand the reins over to former IBM Canada exec Charbel Safadi.
The new standalone company will act as an independent neobank offering environmentally sustainable products.
The new offering will also include deposit accounts and automation tools for bill payments.
Jean-Pierre Brulard will start his tenure on 1 May 2024, with Andreas Andreades retiring after 25 years.
The deal will also see VC firm Andreessen Horowitz become a shareholder in ComplyAdvantage.
Together claims to have a loan book exceeding £6.8 billion, originating over £200 million in loans monthly.
The lender has opted to transition its core to the vendor’s Fusion Essence solution.
The start-up secured a $75m warehouse facility expansion alongside the round.
Tilia is to rebrand as Thunes and maintain operations from San Francisco.
The deal includes Marcus Invest’s accounts and assets under management.
JP Morgan has controlled the unit since its takeover of First Republic Bank last May.
The former Bank of America exec is to lead Nium’s strategy in the newly-created role.
Synapse previously filed for Chapter 11 voluntary bankruptcy and laid off over 50% of its workforce last year.
The sustainability spending fintech is to integrate the DoneGood marketplace into its company ratings platform.
President and CCO Adam Payne says the deal comes amid a need to “focus on our core business”.
The market appears to be investing in anything that moves with the letters “AI” in it.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
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The US-based bank has partnered with Backbase and banking and payments fintech Finzly.
The San Francisco-based bank will utilise the fintech’s TradeSun Intelligence V4 solution.
Customers of Mercury’s latest offering will need to commit to a $240 annual subscription fee.