State Street to acquire CF Global Trading for undisclosed sum
The acquisition is expected to be completed by the end of this year subject to customary closing conditions.
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.
ID Finance claims its fundraise is the biggest received by a Spanish fintech in 2023.
The financial details of the acquisition, expected to close in H1 2023, have not been disclosed.
Cross River’s compliance, payments and tech infrastructure will allow Pay.com to “scale and reach new markets”.
The total funding is made up of a $66 million Series A equity round and a $50 million debt facility.
OKX says the move is “temporary and we are working with regulators to solve this issue”.
The FDIC will continue to provide crypto-related deposits directly to customers.
Users will be able to fund scientific projects of their choice through their day-to-day payment activities.
Eastnets is one of the first Swift bureaus to migrate its full infrastructure for the Americas to the cloud.
Mastercard intends to fold Baffin Bay’s automated Threat Protection tech into a global “cyber service”.
The new business entity will be worth more than $5 trillion, with invested assets worth more than $1.5 trillion.
The Series E values the firm at $11.25 billion, the same as the company’s Series D in May last year.
The receivables warehouse facility will help Tamara finance the accelerating demand for its flagship BNPL product.
Subsidiaries SVB Securities and SVB Capital are not included in the filing and continue to operate.
Take a look at our highlights video from FinovateEurope 2023 in London.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Parker will invest in its product offering as it aims to expand across the US in 2023.
Copper intends to “realign” its business to focus on its custody and prime services solutions.
The law enforcement agencies seized seven terabytes worth of data, consisting of 1909.4 BTC.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Qik’s CEO says they chose Temenos owing to its “successful track record” across Latin America.
The group will be co-chaired by representatives from the banking sector as well as from fintech firm MonetaGo.
In March 2021, the fintech landed $600 million in funding, confirming a valuation of $95 billion.
The fresh financing follows a $150 million debt facility from Goldman Sachs in August last year.
Laurent Blanchard replaces Ingenico’s co-CEOs Gerrard Schmid and Rolf Stangl.
The firm has appointed Brad Oberwager as CEO and Catherine Porter as chief business officer.
Despite a “robust and growing” business, Anchorage says the cuts are a necessary part of a “strategic realignment”.
Thanks to Paymentology, the Fondeadora app will enjoy faster transaction processing and advanced security.
Bloomberg says Broadway’s solutions “will fill a gap” in its product portfolio.
ThetaRay’s Sonar will help Noda stay up to date with shifting compliance regulations.
Signature Bank is a large lender in the cryptosphere.
With the new funds, Apexx Global plans to expand further across North America.
The Bank of England facilitated the deal over the weekend, in consultation with the Treasury.
Mason is the former COO of SME-focused Allica Bank, a role he held for more than three years.
The team will monitor the cryptosphere as regulators look to manage risk and promote innovation.