UK fintech Paddle raises $25m in funding from CIBC Innovation Banking
Paddle, a UK-based fintech serving as a Merchant of Record for software and digital commerce businesses, has secured $25 million…
Payments Firms Accelerate Automation to Conquer Second-Half Headwinds
A seasoned pilot recognizes the need for mid-course corrections to stay on course; the primary course correction for the payments…
SoFi Brings Financial Wellness to the Small Business Workplace
SoFi is extending its reach into the office via a new partnership announced Thursday (July 17) with Paychex. The arrangement…
Antom Launches AI Chargeback Tool for Merchants
Antom Copilot 2.0 introduces industry-first dispute resolution assistant targeting SME payment processing challenges across global markets Antom, Ant International’s merchant…
SMB-focused FinTech Receive bags $4m in seed funding
Receive, a US-based financial technology company focused on improving cash flow access for small and medium-sized businesses (SMBs), has exited…
Mastercard Ranks 55th in Trading Volume with $15.10 B, Unlocks Growth Through Fintech Partnerships
Mastercard has achieved a 55th-place ranking in global trading volumes, reaching an impressive $15.10 billion. The milestone underscores the company’s…
Fifth Third: FinTech Platforms Drive Loan Growth Despite ‘Tepid’ Environment
Fifth Third Bancorp saw its investments in tech-enabled products continue to pay off in the second quarter, Fifth Third Chairman,…
RBC Wealth Management partners d1g1t for performance and risk analytics tech
Royal Bank of Canada (RBC) Wealth Management has partnered with Toronto-based fintech d1g1t to add the company’s performance and risk…
UK lays out plans to become the “number one destination for financial services companies by 2035”
UK Chancellor Rachel Reeves unveiled the government’s Leeds Reforms this week, with the aim to make the UK the “number…
Viva Finance lands $220m to expand access to credit across the US
US-based credit provider Viva Finance has secured over $220 million in capital to expand its lending operations. The funding consists…
Grasshopper bolsters SBA lending with Lendio tech deal
Grasshopper Bank in New York has unveiled a new partnership deal with small business financing platform Lendio, founded by CEO…
Faisal Islamic Bank of Egypt goes live with eMACH.ai DEP
Intellect says the go-live will initially focus on FIBE’s consumer segment. Faisal Islamic Bank of Egypt (FIBE) has implemented the…
Lloyds Banking Group deploys first large-scale GenAI product Athena
Lloyds describes Athena as an “AI knowledge hub” which helps its customer service staff search large volumes of information. Lloyds…
Summit Bank taps ICSFS for Islamic banking tech
Summit secured a licence to operate a non-interest bank in Nigeria in February. Newly-licensed Summit Bank has selected ICS Financial…
Kentucky’s Abound Credit Union migrates to Jack Henry’s Symitar platform
The Symitar implementation is aimed at helping Abound “keep up with members’ needs and attract younger generations”. Abound Credit Union,…
Demystify Podcast: Demystifying the role of agentic AI in banking with Rob Dunlap of Zafin
Host Dharmesh Mistry chats with Rob Dunlap, Head of Product Innovation at Zafin, about the evolving role of agentic AI…
Huntington Bancshares agrees $1.9bn deal for Texas’ Veritex Holdings
The all-stock transaction is expected to close in early Q4 2025, with Veritex to operate under the Huntington brand. Huntington…
UniCredit partners Wise to power international money transfers
Debuting on 21 July, UniCredit’s Italian customers will be able to make euro-to-foreign currency transfers via the bank’s mobile app.…
Wagestream acquires pensions tech firm Zippen
Zippen specialises in helping users locate and consolidate missing pensions into a single account. Wagestream has acquired fellow UK fintech…
BBVA bolsters European digital strategy with Walter Rizzi appointment in Italy
BBVA first entered Italy with its digital offering in 2021 and has since grown to serve more than 700,000 customers.…