US-based Varo Bank has leveraged Wolters Kluwer Finance, Risk and Regulatory Reporting’s (FRR) OneSumX for Regulatory Reporting software to file regulatory reports. Wolters Kluwer FRR’s offering combines bank data into…
US-based blockchain technology company Figure Technologies has secured $200m in its oversubscribed Series D funding…
IBM and SAP have entered into a collaboration to accelerate cloud adoption within the financial services industry. SAP intends to…
SaaS banking platform Mambu has introduced a digital solution for SME lenders in a bid to streamline time to market…
British regtech TruNarrative has partnered with ieDigital to provide customer onboarding and monitoring technology to banks and mutual societies. The…
Lloyds Bank Commercial Banking has joined forces with Mastercard to offer a new Open Banking payment solution to its business…
UK-based Tesco Bank has decided to close all personal current accounts from 30 November 2021. Tesco Bank said that only 12% of its current accounts are being used by customers.…
Fiserv has introduced enhanced capabilities in a bid to improve digital banking experience for consumer and business customers. The mobile-first suite is aimed to improve debit and credit card services.…
Banking-as-a-Service (BaaS) platform Solarisbank has raised $224m (€190m) in an oversubscribed Series D funding round. The move increases its valuation to €1.4bn. Separately, Solarisbank announced the acquisition of a smaller…
M&T Bank is slashing 747 Connecticut jobs at People’s United Bank, or 13.3% of its workforce, as part of a merger between the two entities. In February this year, New…
Bank of Canada (BoC) is reportedly planning to allow most of its employees to work remotely 50% of the time every two weeks in post pandemic world. The bank is…
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