All articles by Satarupa Bhowmik
Satarupa Bhowmik
Virgin Money enters open banking partnership with Mastercard
This alliance enables Virgin Money customers to manage transactions from multiple providers in one place.
Raisin launches savings platform in Finland
At launch, the Finnish platform will work with BlueOrange, EuroExtra, and Rediem Capital.
Square Financial Services gains FDIC approval for Cash App Borrow loans
Eligibility for Cash App Borrow loans is determined by various factors, including state of residence, Cash App usage, and repayment history.
NuMark Credit Union agrees to buy The Lemont National Bank
Upon completion of the deal, NuMark’s assets will reach $910m, with 15 branches.
Arab National Bank deploys IBM platform to combat fraud
The AI-driven system enhances fraud detection with custom decision models, reducing reliance on vendors and data scientists.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Digital bank Plata garners $160m at $1.5bn valuation
Plata’s total debt and equity investment since its inception now reaches $750m.
US fintech firm Synctera rakes in $15m
The funding will help expedite Synctera’s growth and brings its total capital raised to $94m.
ProgressSoft, Fintech Galaxy reach open banking partnership
This tie-up seeks to boost Open Banking adoption in financial sector by creating national hubs and improving API connectivity.
Nippon Life eyes minority stake in India’s IndusInd Bank
Reliance Nippon Life Insurance could reportedly aim for up to a 9.9% share in the Mumbai-based bank.
Mashreq teams up with Mastercard for digital bank launch in Pakistan
The partnership will cover card portfolios for consumer, affluent, and business segments.