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Italian software and services provider to banks and asset and wealth managers Objectway is making moves into North America through the acquisition of Canadian firm Nest Wealth. Terms were not disclosed.
22 January 2024
Challenger consultancy 11:FS is to launch a new fintech venture fund and accelerator spearheaded by Jamie Campbell, formerly of Bud and founder of Fronted.
Citi is teaming up with alternative investment manager LuminArx Capital to launch a private lending vehicle for companies.
Bryan Zhang, executive director and co-founder of the Cambridge Centre for Alternative Finance at The University of Cambridge Judge Business School presented research on the future of global fintech, conducted in conjunction with the World Economic Forum.
19 January 2024
Donald Trump has vowed to prevent the creation of a central bank digital currency if he wins the US presidential election, calling a digital dollar a "dangerous threat to freedom".
18 January 2024
The US saw around 1.6 million Bank Secrecy Act (BSA) reports in 2021 tied to the exploitation of identity processes during account creation, account access, and transaction processing, indicating $212 billion in suspicious activity.
German RegTech Hawk AI has brought in HSBC compliance veteran Michael Shearer as chief solution officer.
NEO, the Barcelona-based cross-border payments and FX fintech, has reached profitability three years after launch.
JPMorgan Chase has seen the number of hacking attempts on its systems soar over the last year.
17 January 2024
JPMorgan Chase has anchored a $300 million investmnet round in quantum computing startup Quantinuum, valuing the business at $5 billion.
Encompass Corporation has acquired two compliance startups - CoorpID and Blacksmith - developed by Dutch bank ING.
PayPal and Samsung have joined a $13 million funding round in LatAm embedded banking vendor Prometeo.
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