Banking-as-a-service

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Finastra investigates data breach, prioritising customer communication

/crime

Finastra investigates data breach, prioritising customer communication

Fintech firm Finastra has shared further detail on the investigation process following a data breach that occurred earlier this month.

/payments

Spendesk embeds with Adyen

Adyen, the financial technology platform of choice for leading businesses, has today announced its long-term strategic partnership with Spendesk, the complete spend management platform for medium-sized businesses.

/payments

Mastercard collaborates with eNovate on Card-as-a-Service proposition in Egypt

eNovate, formerly eCards, a subsidiary of eFinance Investment Group, has joined forces with Mastercard to bring Card-as-a-Service (CaaS) solution to the Egyptian market.

Sunshine+Kittens is set on revolutionising financial education for kids

/inclusion

Sunshine+Kittens is set on revolutionising financial education for kids

Finextra spoke to co-founder Charles O’Neil and CMO Dan Walsh, of new financial literacy app, Sunshine+Kittens, which is set to launch early next year.

Morgan Stanley invests $20m in NovoPayment

/payments

Morgan Stanley invests $20m in NovoPayment

Morgan Stanley Expansion Capital has invested $20 million in embedded financial and payment infrastructure service provider NovoPayment.

Solaris offloads Engage business in the UK to Suits Me

/retail

Solaris offloads Engage business in the UK to Suits Me

German Banking-as-a-Service company Solaris has sold its Engage business from Contis to UK alternative banking provider Suits Me.

/people

Monument Technology grows leadership team

Monument Technology, the cloud based, end-to-end Banking-Platform-as-a-Service (BPaaS) provider, is pleased to announce the appointments of Diptesh Mishra as Chief Technology Officer (CTO) and Nick Lawler as Chief Commercial Officer (CCO).

/retail

Audax Financial Technology and Jeel forge BaaS partnership

Jeel, the digital innovation arm of Riyad Bank, and audax Financial Technology (“audax”), a comprehensive digital banking technology solutions provider backed by Standard Chartered, have entered into a strategic partnership aimed at revolutionising the digital banking landscape in Saudi Arabia.

Top 10 Klarna stories for 10 years of Klarna

/Banking-as-a-service

Níamh Curran Senior Reporter at Finextra

Top 10 Klarna stories for 10 years of Klarna

Standard Bank picks Volante for Africa-wide payments overhaul

/cloud

Standard Bank picks Volante for Africa-wide payments overhaul

African giant Standard Bank is moving its payments infrastructure to Volante's cloud Payments-as-a-Service (PaaS), accelerating ISO 20022 adoption on the continent.

Green Dot launches embedded finance brand

/cloud

Green Dot launches embedded finance brand

Digital bank and fintech provider Green Dot has launched an embedded finance brand and platform of services.

/payments

CardFlight secures WestView Capital Partners inestment

CardFlight (or the “Company”), a leading SaaS payment technology company, announced today that it has received a significant minority investment from WestView Capital Partners (“WestView”), a Boston-based growth equity firm focused on partnering with middle-market companies.

/payments

Kotapay unveils BaaS platform

Kotapay, a division of First International Bank & Trust (FIBT), today announces the launch of Kavinu, a direct-to-bank banking-as-a-service (BaaS) platform.

/payments

Zenus bank taps Tuum for Banking-as-a-Service platform

Tuum, a next-generation core banking provider, is proud to announce that Zenus Bank has successfully gone live with Tuum’s Accounts and Payments modules integrated seamlessly with their proprietary technology and existing vendors.

Solaris to lay off a third of workforce

/people

Solaris to lay off a third of workforce

German Banking-as-a-Service company Solaris is set to lay off a third of its workforce with the majority of job losses hitting its British subsidiary Contis.

/security

Treezor secures PCI DSS certification for card issuing

Treezor, the leader in Banking -as-a-Service, became one of the first BaaS providers to obtain PCI DSS certification for card issuing.

/people

Temenos appoints chief tech officer

Temenos today announced the appointment of Barb Morgan, as Chief Product and Technology Officer.

HSBC writes off Monese stake

/retail

HSBC writes off Monese stake

HSBC has written off its stake in Monese just two years after investing $35 million in the mobile banking fintech.

/payments

Jack Henry and Victor Technologies partner on embedded payments platform

Jack Henry (Nasdaq: JKHY) announces the expansion of its collaboration with Victor Technologies, Inc., a subsidiary of MVB Edge Ventures, Inc. and part of MVB Bank, Inc.

TrueLayer reports growth despite losses

/startups

TrueLayer reports growth despite losses

TrueLayer, a payments platform backed by Stripe, is stacking up its losses according to the latest accounts reports.

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