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FHLB Des Moines selects SimCorp’s investment management system

Under this new agreement, the Bank will utilize SimCorp Dimension across the majority of its balance sheet operations, worth approximately…

Ireland launches FinTech Fusion research program

Irish Minister for Finance and Public Expenditure and Reform Paschal Donoho and the SFI Research Centre ADAPT have launched new…

Independent Bank to buy Blue Hills Bancorp in $726.5m deal

Under the deal, Independent will acquire Blue Hills Bancorp and Rockland Trust will acquire Blue Hills Bank. As per terms…

PayPal completes iZettle acquisition for $2.2bn

This transaction builds on PayPal’s strong set of products and services for small businesses and is intended to help accelerate…

Foreign exchange specialist Moneycorp expands US presence

The foreign exchange  company, which acquired Commonwealth FX in January this year, has aggregated the business with its existing US…

PNC Bank joins RippleNet for real-time cross-border payments

With more than 8 million customers and retail branches in 19 states, PNC has a diverse set of customers, including…

NatWest deploys quantum computing power to solve complex calculations

Via quantum computing power, the technology team from the bank has completed a highly complex calculation, which requires to be…

Arya partners with Intuit to better serve digital banking clients

Through this alliance, financial institutions using Arya can allow their customers or members to automatically download current account information into…

TD Bank adopts Bottomline Technologies’ Paymode-X with Visa payables solutions

Paymode-X with Visa Payables Solutions delivers many benefits to TD Bank’s corporate and commercial clients, including maximizing accounts payable (AP)…

Mastercard and American Express invest in consumer finance platform Divido

Divido announced a $15m Series A raise led by Dawn Capital and DN Capital, with additional participation from Mastercard, American…