Montenegro’s central bank partners Ripple for CBDC pilot
Montenegro joins a list of more than 100 countries piloting a CBDC for various use cases.
Montenegro joins a list of more than 100 countries piloting a CBDC for various use cases.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The FDIC says the two portfolios are worth around $27 billion (Signature Bank) and $87 billion (SVB).
The agreement marks Navan’s fifth acquisition in the last two years.
Mavroyiannis joins from Greece’s Piraeus Bank, where he led the operations and technology arms of the business.
US Bank and Kyriba clients can now send instant payments to vendors, customers and employees.
The CBDC initiative will look at a range of use cases across domestic and cross-border use.
The new combined UK entity will have around £100 billion in funds under management.
The banking charter from the FDIC would allow the neobank to offer its services across the country.
The company will use the new capital to expand its global presence and hire more engineering staff.
The acquisition includes both “talent and technology” and is designed to help SoFi scale.
A new cartoon illustrating how consumer fintechs are having to constantly pivot to find product market fit.
Together, both firms will now serve over 6 million customers globally.
Bhardwaj will lead a team analysing trends in fintech including digital assets and bank-fintech partnerships.
Liberty Bank says the move to Alkami’s platform is a “crucial step” in its complete tech stack overhaul.
A handy round-up of the recent funding endeavours of fintech companies across the US.
Shetty will be responsible for developing Varo’s technology stack as the bank looks to scale.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Both firms say dissolution and liquidation proceedings of the mobile bank project will now go ahead.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Seattle Bank customers can now access loans for high-value transactions directly through merchants.
The start-up has been self-funded by its co-founders, with $20 million in capital.
The company will use the funding to launch its Impact-as-a-Service platform.
Deutsche Bank, Morgan Stanley, US Bancorp and Wells Fargo have all invested capital.
Founded last year and based in Puerto Rico, FUEX Payments operates in the Caribbean and Latin American markets.
Apple has launched a pre-release version of its BNPL offering to a select number of customers.
Ermotti was previously group CEO of UBS for nine years between 2011 and 2020.
The CFTC has accused Binance of “numerous violations” of the Commodity Exchange Act and CFTC regulations.
Visa has reportedly submitted a bid of $1.4bn after an initial offer of $1bn was rejected by Pismo.
A new cartoon illustrating the growing hype surrounding generative AI.
Saudi National Bank was the largest shareholder in Credit Suisse before it was taken over by UBS.
The deal includes the purchase of assets of $110bn, deposits of $56bn and $72bn of SVB’s loans.
The funding stems from an Advance Investment Agreement (AIA) which eToro entered into in February 2021.
The acquisition is expected to be completed by the end of this year subject to customary closing conditions.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
If the pilot is successful, JP Morgan intends for a wider rollout to US merchants in 2024.
Corelation says the deal is “significant” for the company due to the size of Mountain America Credit Union.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Fischer brings more than 35 years of enterprise technology experience to the role.