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IFGS 2024 brought together industry leaders spanning innovators, fintech executives, institutions, regulators, policymakers, startups, and investors for two days of thought-provoking discussions in one venue.
fintech, financial inclusion, Open Banking, Open Finance, payments , regulation, financial data, cryptocurrency
US-based investing and savings app Betterment has announced it reached an agreement with Goldman Sachs to acquire Marcus Invest’s digital investing accounts.
investment, acquisition, digital assets, digitalisation
Emerging Markets Global Advisory LLP (EMGA) has partnered with Banco Improsa to secure a USD 15 million line of credit.
partnership, funding, investment, SME lending
France-based SaaS platform for finance teams, Payflows has announced the rise of EUR 25 million in a Series A funding round, aimed at its expansion strategy.
funding, investment, banking, online banking, digital banking, mobile banking, financial services, financial institutions
Frédéric Viard, Head of Commercial Product Management for Financial Messaging at Bottomline, provides insights into the ongoing ISO 20022 migration, emphasising the importance of readiness, collaboration, and addressing barriers for successful implementation.
ISO 20022, financial institutions, cross-border payments
Technology services company Endava has released its Retail Banking Report, finding that three quarters of banks admit they need to modernise their core.
cloud banking, cybersecurity, artificial intelligence, Open Banking, payment gateway
UK-based payments platform Mimo has secured a GBP 15.5 million investment led by Northzone to launch a platform that simplifies B2B payments.
SMEs, cash flow, B2B payments, funding, trade finance
Germany-based online bank N26 has announced its joint account offering in Ireland, available to all of its customers, including those using its free N26 standard service.
bank account, digital banking, product launch, IBAN
Finance and accounting operations platform provider FloQast has obtained USD 100 million in a Series E funding round.
funding, investment, financial services, partnership
US-based security compliance and risk platform Sprinto has raised USD 20 million in a Series B funding round led by Accel.
funding, investment, compliance, risk management
Hidir Yildiz, Mergers and Acquisitions Manager at Finance Incorporated Limited (FIL), sheds light on the company's forward-thinking approach to expansion.
mobile payments, EMI licence, ecommerce, cross-border payments, fintech
Financial software provider Linedata has announced the acquisition of France-based AI-platform developer DreamQuark.
acquisition, startup, artificial intelligence, financial services
Roberto Napolitano of Innovate Finance offers insights into the organisation's central role in the UK fintech landscape, highlights key speakers and topics at the Innovate Finance Global Summit, and shares predictions concerning payments and fintech trends.
fintech, financial services, financial institutions, regulation
UK-based B2B Buy Now, Pay Later (BNPL) solution provider Hokodo has announced that it secured a EUR 100 million debt facility from Viola Credit to support B2B transactions.
debt facility, funding, B2B payments, online payments, merchant, marketplace, BNPL
We interviewed the CEO of PPRO, Motie Bring, to learn more about the pivotal milestones of 2023 for the company, as well as the strategies for global growth and insights on the evolving payments landscape.
ecommerce, payments , cross-border payments, funding, instant payments, local payment method, recurring payments, gig economy
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
Westpac has launched Project Unite to commit 30% of USD 1.17-1.3 billion to simplify tech, reducing platforms from 180 to 60 for cost efficiency and better outcomes.
banking, product upgrade, Open Banking, digitalisation, risk management
The article offers insights into the regulatory changes slated for 2024, providing a roadmap that will influence the evolution of payments
instant payments, cross-border payments, AML, fraud prevention, regulation, PSD3, FIDA, MiCA, Open Finance, SCA, data privacy, compliance
Uzbekistan-based digital services ecosystem Uzum has announced that it raised USD 114 million in funding, securing its unicorn status with a post-money valuation of over USD 1 billion.
funding, investment, BNPL, digital payments, digitalisation, SMEs, ecommerce