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Wultra raises EUR 3 million to shield financial institutions from quantum threats

News | Cryptocurrencies | 17 Jan 2025

Wultra has secured EUR 3 million from Tensor Ventures, Elevator Ventures, and J&T Ventures to advance its post-quantum authentication technology.

cryptocurrency, partnership, financial services, banking, fintech

PKO Bank Polski enters the Romanian market

News | Online & Mobile Banking | 17 Jan 2025

Multinational banking and financial services company PKO Bank Polski has announced that as of 1 January 2025, its corporate branch has started commencing operational activities in Romania. 

expansion, online banking, banking, financial services, digital banking

ABBANK launches a digital banking platform

News | Online & Mobile Banking | 16 Jan 2025

Backbase has revealed that its client, An Binh Commercial Joint Stock Bank (ABBANK), has introduced ABBANK Business, a new digital banking platform.

banking, fintech, transactions , digital banking, partnership

Float Financial secures a USD 48.8 million investment round

News | Online & Mobile Banking | 15 Jan 2025

Float Financial has announced a USD 48.8 million investment round to build a secure and complete business finance solution for customers in Canada.

funding, investment, banking, financial services

Deutsche Bank becomes additional banking partner for BISON

News | Online & Mobile Banking | 15 Jan 2025

BISON has announced that Deutsche Bank will be integrated into the custody of Euro balances as part of BISON’s multi-banking strategy.

partnership, banking, financial services, financial institutions

Al Ansari Financial Services partners with Abhi

News | Online & Mobile Banking | 14 Jan 2025

Al Ansari Financial Services has announced its partnership with Abhi Middle East Limited in order to broaden the spectrum of financial solutions available to customers.

partnership, banking, financial services, financial institutions

nsave secures a EUR 17.5 million in a funding round

News | Online & Mobile Banking | 13 Jan 2025

London-based nsave has secured a EUR 17.5 million Series A funding round to accelerate its growth and launch an investment product alongside its accounts provision.

investment, funding, banking, financial services

Headless banking: benefits, trends, and market drivers

Interviews | Online & Mobile Banking | 10 Jan 2025

Elizabeth Gujral, Senior Consultant at Cornerstone Advisors, provides a clear explanation of headless banking and its growing significance in the financial services industry.

embedded finance, BaaS, fintech, banks, banking

EBA tightens ESG rules as climate risk grows

News | Online & Mobile Banking | 10 Jan 2025

The European Banking Authority has announced its decision to tighten ESG rules for banks and financial institutions, amid growing climate risks.

compliance, environement changes, green finance, banking

Accenture acquires digital twin platform for banking modernisation

News | Online & Mobile Banking | 08 Jan 2025

Accenture has announced the acquisition of a digital twin technology platform developed by Singapore-based fintech company Percipient.

acquisition, digitalisation, banking, fintech

Open Banking platform Money Squirrel launches in the UK

News | Online & Mobile Banking | 08 Jan 2025

Open Banking platform Money Squirrel has launched into the region of the UK in order to enable companies to take control of their finances and improve cashflow management.

expansion, Open Banking, Open Finance, banking, ecommerce

Xtransfer and OCBC join forces for cross-border solutions

News | Payments General | 20 Dec 2024

XTransfer, a B2B cross-border trade payment platform, has partnered with OCBC, a financial services group from South Asia to provide SMEs with cross-border solutions. The Memorandum of Understanding was signed on 18 December 2024.

cross-border payments, SMEs, trade finance, banking, partnership

Visa acquires Featurespace

News | Payments General | 20 Dec 2024

Visa has announced its acquisition of Featurespace, a developer of real-time AI payments protection technology, aiming to optimise its fraud protection capabilities. 

acquisition, banking, ecommerce, fraud management

Q2 helps Community Bank of Louisiana advance digital banking adoption

News | Payments General | 20 Dec 2024

Community Bank of Louisiana has selected Q2, a provider of digital transformation solutions, to help accelerate its digital banking offering.

financial inclusion, financial services, digital banking, banking, partnership

D360 Bank secures approval from Saudi Central Bank for its official launch

News | Online & Mobile Banking | 20 Dec 2024

D360 Bank has secured approval from the Saudi Central Bank (SAMA) to launch its digital banking operations, aiming to offer clients Shariah-compliant financial services.

product launch, banking, financial services, financial institutions

Chime Financial submits confidential filing for IPO

News | Online & Mobile Banking | 19 Dec 2024

Financial technology company Chime has submitted a confidential filing with the US Government for the development of its Initial Public Offering (IPO).

banking, financial services, IPO, financial institutions

MONEYME secures USD 78 million funding facility with iPartners

News | Online & Mobile Banking | 19 Dec 2024

ASX-listed MONEYME has secured USD 78 million in a strategic funding partnership with one of Australia-based asset investment platforms, iPartners.

investment, funding, banking, financial services

Ethiopia passes law to Open Banking to foreign competition

News | Online & Mobile Banking | 18 Dec 2024

Ethiopia's parliament has passed a legislation that allows foreign banks to operate in Africa, as part of its efforts to attract more overseas investment.

regulation, Open Banking, banking, Open Finance

Onramp Funds teams up with SHOPLINE

News | Online & Mobile Banking | 18 Dec 2024

Onramp Funds, a funding provider supporting the growth of ecommerce businesses, has partnered with SHOPLINE, a platform offering commerce services.

banking, fintech, cash, ecommerce, financial services

DeepTarget introduces AImail

News | Online & Mobile Banking | 18 Dec 2024

DeepTarget has announced the launch of its full-service solution AImail, aimed at enabling community banks and credit unions to achieve optimised marketing tools.

product launch, banking, financial services, financial institutions