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The Paypers Global Fintech Mergers and Acquisitions Analysis Q1 2024

Voice of the Industry | Payments General | 25 Apr 2024

The Paypers analysed some of the most important M&As from Q1 2024 and focused on various emerging trends in the fintech, payments, banking, fraud prevention, and crypto sectors to highlight key aspects that prompt companies to acquire others.

acquisition, merger, The Paypers Quarterly Analysis series, banking, payments , ecommerce, cryptocurrency, fintech

MTS Bank announced IPO in push for development

News | Online & Mobile Banking | 16 Apr 2024

Russia-based MTS Bank has announced that it will hold an Initial Public Offering (IPO), aiming to accelerate its development and growth process. 

product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions

Synovus unveils AccelerateTM Pay for diverse business payments

News | Online Payments | 05 Apr 2024

Synovus has launched AccelerateTM Pay, allowing commercial banking clients to initiate account payable payments using multiple payment types and reducing reliance on checks.

accounts payable, B2B payments, banking, digital payments

Equifax partners with Homely

News | Online & Mobile Banking | 28 Mar 2024

Equifax UK has announced a collaboration with free-to-use platform Homely to help first-time buyers become mortgage-ready.

partnership, financial services, Open Banking, data analytics

nCino automates loan origination for Desjardins

News | Online & Mobile Banking | 25 Mar 2024

US-based cloud banking company nCino has announced that financial group Desjardins has selected its Automated Spreading Solution to augment lending.

lending, machine learning, digitalisation, partnership, financial services

The Paypers Global Fintech Mergers and Acquisitions Analysis: Q4 2023

Voice of the Industry | Payments General | 20 Mar 2024

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

The Paypers Global Fintech Investments Analysis: Q4 2023

Voice of the Industry | Payments General | 19 Mar 2024

The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps  and commerce solutions, and Buy Now, Pay Later services. 

investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs

FDX announces increase in accounts using FDX API

News | Online & Mobile Banking | 15 Mar 2024

North America-based Financial Data Exchange (FDX) has announced that 76 million consumer accounts are currently leveraging its FDX API for Open Finance data sharing. 

financial services, digital banking, API, financial data, data sharing, Open Finance

Treasury Prime partners with OMB Bank

News | Online & Mobile Banking | 14 Mar 2024

Treasury Prime has announced that OMB Bank has joined the Treasury Prime Bank Network to offer Embedded Banking solutions to customers.

partnership, fintech, digital banking, embedded finance, banking

Nationwide acquires Virgin Money for GBP 2.9 billion

News | Online & Mobile Banking | 12 Mar 2024

UK-based Nationwide Building Society has reached a preliminary agreement to acquire Virgin Money for GBP 2.9 billion.

acquisition, merger, financial services, banks

Navigating the evolution of Open Banking and Open Finance

Interviews | Online & Mobile Banking | 04 Mar 2024

Amit Mallick, Global Open Finance Lead at Accenture, explores the essential factors and strategies vital for the success of Open Finance initiatives.

Open Banking, Open Finance, banks, fintech, report

Bilt Rewards raised USD 200 mln, doubling its valuation

News | Payments General | 27 Feb 2024

Bilt Rewards, a platform allowing consumers to earn rewards on rent and daily neighbourhood spend, has raised USD 200 million at a current USD 3.1 billion valuation. 

funding, investment, payments , MasterCard, cashback

US Bank and Pagaya Technologies enhance personal loan accessibility

News | Payments General | 19 Feb 2024

US Bank has recently forged a partnership with Pagaya Technologies, a global tech firm specialising in AI-powered solutions for lenders worldwide.

personal finance management, lending, credit scoring, partnership

Chase survey reveals growing dependence on mobile banking

News | Online & Mobile Banking | 15 Feb 2024

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

DoxAI partners with Perpetual Corporate Trust and Microsoft

News | Online & Mobile Banking | 08 Feb 2024

Australia-based DoxAI has partnered with Microsoft and Perpetual Corporate Trust to provide new technologies to financial services companies.

partnership, financial services, fintech, artificial intelligence

10x Banking continues to expand into Africa

News | Online & Mobile Banking | 06 Feb 2024

Cloud-native SaaS core bank operating system 10x Banking has announced its partnership with Old Mutual in order to continue its expansion into Africa. 

expansion, partnership, banking, online banking, mobile banking, digital banking, financial services, financial institutions

Decoding the future: the Open Banking perspectives in the US – Deloitte interview

Interviews | Online & Mobile Banking | 06 Feb 2024

Zachary Aron, Deloitte’s Global and US Payments Leader, provides an insightful view of the evolving Open Banking landscape in the US, offering unique perspectives for consumers and businesses alike.

Open Banking, banks, fintech, report

Phoebus upgrades SaaS mortgage servicing technology

News | Online & Mobile Banking | 06 Feb 2024

UK-based fintech Phoebus has launched a cloud-native SaaS mortgage servicing platform, following investments in new technology.

API, SaaS, lending, cloud, fintech

The future of Open Banking and the rise of 'Open Everything'

Voice of the Industry | Online & Mobile Banking | 05 Feb 2024

Marion King, Chair of Open Banking Limited, reflects on the transformative journey of Open Banking, as it empowers consumers & businesses, shaping a future of 'Open Everything'.

Open Banking, Open Finance, report, financial services, data sharing

First Bank partners with CorServ

News | Payments General | 02 Feb 2024

First Bank has partnered with CorServ in order to leverage its comprehensive credit card program to offer business and consumer users optimised solutions. 

partnership, credit card, payments , online payments, digital payments, mobile payments, ecommerce