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SC Ventures, the fintech investment arm of Standard Chartered, has partnered with NEXT176, the venture building arm of Old Mutual, to launch an inclusive financial wellness platform.
financial inclusion, wealth management, digital banking, partnership
Royal Bank of Canada (RBC) has completed the acquisition of HSBC Bank Canada in a bid to expand the country’s international banking capabilities.
acquisition, merger, banks, financial services
The Alternative Bank has announced its partnership with TK Tech Africa in order to optimise the Nigerian financial technology and non-interest banking landscape.
partnership, banking, investment, online banking, mobile banking, digital banking, financial services, financial institutions
Italy-based Azimut has set out plans to spin off part of its network of financial advisors, merge it into an independent digital bank, and look for outside investors.
investment, partnership, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
UK-based LHV Bank has partnered with Hargreaves Lansdown to include the former’s personal savings products into the Active Savings platform.
partnership, financial services, banks, product upgrade
The Paypers took a close look at some of the most important M&As from Q4 2023, with a focus on trends in the banking, fintech, payments, fraud prevention and crypto sectors to identify key elements that drive companies to acquire others.
acquisition, merger, The Paypers Quarterly Analysis series, banking, payments , ecommerce, cryptocurrency, financial services
Open Identity Exchange (OIX) and Daon have released a new UK based research in cross channel identity and biometric solutions.
digital identity, online security, research, biometrics, partnership
US-based fintech company Skipify has entered a strategic collaboration with Synchrony to allow the latter to leverage its payment infrastructure for enhanced checkout.
partnership, payments , online payments, checkout optimisation , embedded payments
Switzerland-based Temenos has announced a partnership with Philippines-based Metropolitan Bank & Trust (Metrobank) to deploy Temenos Wealth.
partnership, banks, digitalisation, wealth management
Digital wealth and payments business Mogo has announced a change to its treasury management strategy to include Bitcoin and Bitcoin ETFs.
cryptocurrency, treasury, digital assets, payments
US-based Ocrolus has entered a collaboration with Envestnet | Yodlee to embed its technologies into the latter’s platform.
partnership, banks, fintech, financial services, financial data, Open Banking
As preparations for several pan-European payment schemes ramp up, Tino Meissner, Product Manager for Request to Pay, Deutsche Bank assesses the opportunities they offer and how the remaining challenges can be overcome to deliver an Open Finance ecosystem for the future.
Open Banking, Open Finance, SEPA API Access Scheme, SEPA Payment Account Access Scheme, online payments
Security Bank has partnered with Avaloq to digitalise wealth management by leveraging Avaloq Core Platform and RM Workplace for enhanced client experience.
digitalisation, customer experience, wealth management, partnership
A recent survey conducted by Chase has revealed that 62% of consumers consider their mobile banking app indispensable, with 78% utilising it on a weekly basis.
mobile banking, digital banking, credit scoring, transaction monitoring
UK-based digital investment platform Wealthify has selected ClearBank as its embedded banking provider to roll out a new savings account.
investment, bank account, embedded finance, product launch, banking
Financial SaaS solution provider Tietoevry Banking has partnered with full-service bank and wealth manager Butterfield to allow the latter to issue credit cards in the current digital landscape.
credit card, payments , SaaS, debit card, transactions , partnership
Bahamas-based wealth management company RF Group has chosen ERI’s OLYMPIC Banking System as their new core banking platform.
banking, digitalisation, partnership, wealth management
Canada-based digital wealth and payments company Mogo has announced the expansion of its collaboration with Data Cloud firm Snowflake.
partnership, artificial intelligence, wealth management, financial services, digital banking
US-based bank Wells Fargo has partnered with Setpoint, a financial services provider, to enable the latter to expand its payment disbursement capabilities.
digital banking, banks, partnership, online banking, digital payments
A Spanish publication has reported on the Spanish Ministry of Finance’s plans to target cryptocurrencies and NFTs with a new tax reform.
cryptocurrency, regulation, tax evasion , tax bill