IBM names former Bank of America exec as new cloud head
Howard Boville steps in as Arvind Krishna takes over from chief Ginni Rometty.
Howard Boville steps in as Arvind Krishna takes over from chief Ginni Rometty.
Cormier replaces Jim Whitehurst, who moved to parent company IBM.
The pandemic has given fintechs a time to shine.
Monzo and Moven’s CEOs have both taken a 100% pay cut.
The Oklahoma-based bank aims to stand out from the crowd.
Harris says he is looking forward to working with “an incredible team.”
The bank says it will offer up to a 3% return rate on deposits.
New digital player to deploy Finxact on the cloud.
Nymbus says it has digitised the entire Paycheck Protection Programme (PPP) loan process.
“One of the earliest forms of ‘fintech’ is a budgeting spreadsheet,” says Plaid.
The deal is expected to close in the “coming weeks”.
CNB was bought by the owners of Latvian fintech Transact Pro in 2018.
Organisations “involved in helping students, patients and vulnerable populations” can apply.
Plastiq has raised more than $140m in funding since its founding in 2012.
It’s offering all new customers $1,000 at closing and waiving fees for existing customers.
Fed pledged to buy unlimited amount whilst ECB eyes up €750bn additional bonds.
Founder says “major multi-year funding” was withdrawn due to coronavirus.
Neji, Landria, and Compose Labs all brought under the Brex umbrella
House Democrats have drafted a bill which, if enacted, would create a ‘digital dollar’.
Legislators are currently working on a bill which addresses small business loans.
The London-based unicorn expands to North America.
“A bad-actor was attempting to introduce malware into our network,” says firm.
More than 4.6 million companies make up the Ariba Network.
The global bank may have to delay its plans if the contagion becomes a long-term issue.
The two firms will work on new “purchasing experiences”
The bank will be based in Utah.
“We don’t think they were set up to do it properly,” says class action lawyer.
The 40-person challenger has opened early access to its private beta.
The challenger wants to be the ultimate “operating system” for lifestyle.
API-based service to aggregate US Bank customers’ data.
The fundraising was closed last Friday, the same day Bitcoin experienced a multi-month low.
The price on the US dollar liquidity swap arrangements will go down by 25 basis points.
For a time, Renz was Bezos’ first and only female adviser.
The founder previously built French digital bank Fortuneo.
The deal builds on Accuity’s account validation solutions for FIs.
“This is a crucial investment,” says co-CEO.
Payments firm plans to extend product development.
The sale is “understood to have seen Neyber’s assets sold for a meagre sum”.
New York-based challenger plans to splash the cash on customer acquisition.
Western Union agreed to pay $586 million in monetary relief following a 2017 scandal.