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Nu appoints Armando Herrera as the new CEO of its Mexican operations

Nubank, one of the largest digital financial services platforms in the world, announced that as of September 2, Armando Herrera will serve as the new CEO of Nu Mexico.

/regulation

Gemini secures MiCA license

Gemini has received its MiCA (Markets in Crypto Assets) license from the Malta Financial Services Authority (MFSA), enabling us to empower the next era of financial, creative and personal freedom in Europe.

/cloud

Artea Bank migrates to BPC SmartVista platform

Artea Bank, a major Lithuanian commercial bank dedicated to improving the financial well-being of Lithuania’s residents and businesses, has selected BPC SmartVista, a cloud-native, microservices-based platform, to modernize its card-issuing infrastructure.

/identity

Mastercard and Alloy combine to speed onboarding

Alloy, a leading identity and fraud prevention platform provider, has announced a new global partnership with Mastercard to launch an enhanced customer onboarding solution for financial institutions and fintechs.

/startups

African fintech market set for explosive growth

Global fintech is entering a new era of maturity and momentum. According to a new report from Boston Consulting Group (BCG) and QED Investors, Fintech’s Next Chapter: Scaled Winners and Emerging Disruptors, the sector has emerged from a tough funding environment stronger, more disciplined, and with greater growth prospects than ever.

/security

MoneyMe selects SEON to strengthen fraud prevention and credit decisioning

SEON, the command centre for fraud prevention and AML compliance, today announced that MoneyMe, one of Australia’s leading digital lenders, has selected SEON’s unified platform to bolster fraud detection as it continues its growth trajectory.

/people

Pirum appoints Ben Challice as CEO

Pirum today announced that Ben Challice has taken the helm as Pirum’s CEO.

/payments

Coda completes acquisition of Recharge

Coda, a global leader in digital content monetization headquartered in Singapore, has completed its acquisition of Recharge, Europe’s leading prepaid payments platform, headquartered in Amsterdam.

/retail

Truist targets high-growth markets with significant multi-year branch investment

Truist Financial Corporation (NYSE: TFC) today announced a significant strategic growth investment over the next five years to attract new and grow existing client relationships in some of the strongest growth markets in the country.

/cloud

More than half of bank innovation leaders say they're sick of 'cloudwashing'

New data from data-driven core banking engine provider, SaaScada, shows that while UK banks increasingly adopt cloud technology to modernise outdated core banking systems, many are realising that not all clouds are created equal.

/people

DriveWealth names Naureen Hassan as CEO

DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, has announced the appointment of Naureen Hassan as Global Chief Executive Officer (CEO).

/retail

Shawbrook Bank goes live on Thought Machine's Vault Core

Thought Machine, the cloud-native banking technology company, and Shawbrook, a leading UK specialist bank, today announce that the bank has successfully gone live with Thought Machine’s next-generation core banking platform, Vault Core, to accelerate product innovation in commercial SME lending.

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