Latest company updates: Finextra Research

Stockholders approve Capital One-Discover deal

Capital One Financial Corporation (NYSE: COF) and Discover Financial Services (NYSE: DFS) today announced that each company’s respective stockholders have voted to approve Capital One’s previously announced acquisition of Discover at each company’s Special Meeting of Stockholders (the “Special Meeting”).

1 hour

/startups

Payments and loyalty app Trevi launches in Egypt

Trevi, a newly launched e-payment and loyalty app, is set to transform Egypt’s digital financial landscape with seamless, secure, and rewarding transactions.

2 hours

/payments

Mastercard joins with Tamara to scale split payments in the UAE

Mastercard and Tamara, one of the leading fintech platform in the GCC for shopping, payments, and banking, are collaborating to launch a new virtual card in the UAE to strengthen the split payment ecosystem.

3 hours

/regulation

Iosco publishes review of technological challenges to effective market surveillance

IOSCO publishes a Thematic Review on the status of implementation of its recommendations on Technological Challenges to Effective Market Surveillance issued in 2013.

3 hours

/startups

Pulse wins $3.9 million Seed round

We started Pulse last year, building for niche operations teams who were dealing with critical business data trapped in millions of spreadsheets and PDFs.

4 hours

/cloud

Alinma Bank signs with IBM for hybrid cloud and AI integration

IBM and Alinma Bank announce that Alinma Bank, a leading financial institution in Saudi Arabia, has adopted IBM’s advanced hybrid cloud and AI integration technologies.

4 hours

/payments

Canadians divided on ‘appeal’ of Pay by Bank, says Payments Canada

A study by Payments Canada has found that Pay by Bank “appeals” to fewer than one-third of Canadians, with its appeal increasing among newcomers to the country and gig workers.

5 hours

/payments

Lili expands product offering with international payments

Lili, the financial platform designed for small business owners, today announced the launch of international wire payments in 27 countries, empowering small business owners to grow beyond borders.

5 hours

/retail

Santander's Openbank goes live in Mexico

Openbank is now up and running across all of Mexico with a comprehensive suite of everyday banking products that includes interest-bearing accounts, debit and credit cards, and cash withdrawals at 10,000 Santander ATMs.

7 hours

/crypto

EToro granted MiCA permit

Trading and investing platform eToro today announces that its EU subsidiary eToro (Europe) Ltd has been granted a permit by the Cyprus Securities Exchange Commission (CySEC,) allowing the company, subject to submitting the relevant notification to all member states, to provide crypto services across the EU under the Markets in Crypto-Assets Regulation (MiCA).

7 hours

/identity

LexisNexis Risk Solutions completes IDVerse acquisition

LexisNexis Risk Solutions, part of RELX, closed its acquisition of IDVerse, a provider of AI-powered document authentication and fraud detection solutions.

8 hours

/regulation

FCA and PSR assesses the usage and impact of digital wallets

The use of digital wallets has rapidly grown in recent years with the proportion of card transactions using a digital wallet increasing significantly from 8% in 2019 to 29% in 2023.

8 hours

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