FinTech Futures: Top five news stories of the week – 29 March 2024
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
Ally Financial has been on the hunt for a new CEO since the departure of Jeffrey Brown in January.
The acquisition will boost the growth of Abrigo’s existing suite of technical accounting solutions.
Santos will replace current group CEO Marika Lulay, who is due to leave the company at the end of the year.
Kuruvilla served as Bolt’s CEO for over two years following founder Ryan Breslow’s transition to chairman.
The bank is looking to expand its digital financial wellness offerings for its retail customers.
The settlement will see credit interchange rates lowered and capped for the next five years.
The companies have until now operated as three separate divisions led by CEO Jerry Young, who is set to retire.
Founded in 2018, this latest capital injection takes its total funding to $155 million to date.
Bhatt will step down as chief creative officer but will remain on Robinhood’s board of directors.
Biz2Credit will pay $33 million and Womply will pay $26 million to settle the two separate cases.
The funding round consists of $25 million in equity capital and $67 million in committed debt capital.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes Nuvei, Silverbird, nCino and more.
BNY Mellon has deployed Nvidia’s supercomputer, DGX SuperPOD with DGX H100 systems.
The Indus PayWear app will enable the bank’s customers to tokenise their cards for use with wearables.
MSUFCU believes Frich Money can help bridge the “awareness gap” between Gen Z and credit unions.
The Missouri-headquartered bank will deploy the vendor’s flagship TCS Bancs core banking system.
The Arizona-based credit union is consolidating its tech infrastructure under one platform.
The Canadian paytech says “no decision has been made at this time” regarding a potential deal.
DocFox provides account opening software built to help simplify the customer onboarding process.
In this episode of the FinTech Founders series, we discover how founders can grow with their companies.
Sal Rehmetullah and Suneera Madhani will act as co-CEOs of the start-up, which is set to launch this month.
Fatokun currently chairs the Board Audit and Governance Committee of United Capital.
Sharetec’s Velocity solution will be deployed to replace the credit union’s existing in-house core system.
Juniper joins the firm directly from BlackRock, where she has worked since 2007.
The fines were issued by the the Office of the Comptroller of the Currency and the US Federal Reserve.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Our pick of the top fintech news stories this week includes the US Federal Reserve, Starling Bank and more.
Notable participants in the trial included BNY Mellon, Standard Chartered, Goldman Sachs and Broadridge.
The investment builds on Perfios’ $229 million Series D and reportedly now values the firm at over $1 billion.
Smart Subscriptions enables consumers to cancel, pause and resume their subscription-based payments.
Finastra’s tech will enable the bank to deliver instant payment services including FedNow and RTP.
Consumers and business users have been informed that their accounts will be closed on 29 March.
Fed chairman Jerome Powell tells Congress that “people don’t need to worry”.
Fiuu will now operate independently of Razer, providing payment services for businesses in Southeast Asia.
AI tech is reducing the likelihood that any of us will soon talk to a live customer support agent.
Our pick of the top fintech news stories this week includes Fiserv, Monzo, Virgin Money and more.
The new CPO will head product design and team development for the Texas-based fintech.
Founders from The Heard, ATMO Technologies and the Harrington Starr Group share their thoughts.