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Varo Bank secures preliminary approval for national bank charter
The approval allows Varo Bank to form a de novo national bank, making it to turn as the first all-mobile…
Swedish fintech Instantor opens bank API
The WDSK is an initiative to support start-ups and scale-ups to develop next-generation products by giving them access to Instantor´s…
Elavon buys financial technology firm Electronic Transaction Systems
Elavon is a global merchant payment processing provider and subsidiary of Minneapolis-based U.S. Bancorp. ETS provides merchant services to clients…
United Bank of Egypt modernizes core banking infrastructure with Finastra technology
The bank has upgraded to the latest version of Fusion Equation, integrating it with a new deployment of Fusion Teller…
Decentralized exchange Altcoin.io raises about $1m funding
Billions of dollars of digital assets, or tokens, are exchanged every day. The bulk of this volume is through centralized…
Jaja Finance introduces mobile-first credit card
Jaja is a next generation credit card designed to offer better consumer experience. Jaja has already raised £7m funding from…
First US Bancshares acquires The Peoples Bank
Based in Rose Hill, The Peoples Bank was established in 1920. It offers a range of financial products. The deal,…
Standard Chartered, Siemens and TradeIX partner on trade finance blockchain pilot
The partnership will carry out client pilot to establish an end-to-end blockchain-based smart guarantees proposition in trade finance. Siemens chief…
New Wealth, Morningstar Research to provide unit trust and mutual fund information to Asian financial institutions
Headquartered in Singapore, New Wealth has developed clear-cut and easy to use sales and advisory tools and applications for both…
Johannesburg Stock Exchange signs deal with MTS on open bond trading platform
The partnership will open the country’s first electronic government bonds trading platform supported by MTS. MTS new markets head Angelo…