Motive Partners, a specialist private equity firm focused on growth equity and buyout investments in software and information services companies that serve the financial services industry has received the necessary regulatory approvals and completed the sale of Global Shares to J.P. Morgan. Motive invested in Global Shares in August 2018, acquiring a ~40% stake in the business.
Plaid, the API-first data network powering the digital financial ecosystem, and Wise, the global technology business developing the easiest way to move money around the world, today announced an open finance agreement to give clients a frictionless way to move money between various financial institutions. According to a 2021 survey by Plaid and The Harris
26 September - 28 September 2022 | London‚ United Kingdom
26 September – 28 September 2022 | London‚ United Kingdom With in-depth sessions on ensuring effective compliance with regulations like the FRTB and SA-CCR, adapting to climate risk, enhancing capital planning, and overcoming macroeconomic challenges, the 25th edition of the Marcus Evans Capital Management for Banking Institutions conference, to be held between September 26 and 28,
Jack Henry & Associates, Inc. announced today that it has entered into a definitive agreement to acquire Payrailz, adding the company’s next-generation digital payment capabilities, including real-time person-to-person (P2P) payments, to Jack Henry’s payments ecosystem. Payrailz, a cloud-native, API-first, AI-enabled provider of consumer and commercial digital payment solutions and experiences, is based in Glastonbury, Connecticut. By enabling money
It is obvious now, five years later, that those worries were unjustified. Five million open banking-driven payments were made by UK businesses and consumers in May 2022 alone. In the same month, the open banking community in the UK made a record 1 billion API calls. So, rather than being a limiting action by the
Paysend, the UK-based fintech with over 7 million customers, today announces that 50 new receiving countries have been introduced to its global payments network since the start of 2022. Paysend customers can now send money to more than 170 countries around the world thanks to these new payment channels. Notable additional countries supported by Paysend
Clara, the leading Latin American tech startup that offers an end-to-end corporate spend management solution for companies in the region, announced today approved financing from Goldman Sachs for an initial $50 million with the option to upsize to $150 million. “This financing will fuel our planned regional growth and will also allow us to successfully
There are many catastrophes that might severely hurt your bottom line. Your employee might, for instance, spill a can of white paint on some items. Or a client could suffer an injury after stumbling over a rug at your establishment. Or you can face legal action for reputational harm resulting from something you or a
Tax automation fintech Avalara is to be acquired by global investment firm Vista Equity Partners in an all-cash deal worth $8.4 billion. All of Avalara’s outstanding shares will be purchased by Vista for $93.50 per share, a premium of 27% over the stock’s closing price on July 6, 2022. Avalara’s net debt is included in
AstroPay, the preferred online payment solution for millions of customers worldwide, has introduced a flagship global Affiliate Programme to give people and companies who wish to make money online and expand their company prospects. The new programme aims to expand AstroPay’s clientele globally while supplying a reliable partner for individuals who are professionally committed to
Backbase is proud to announce that the Backbase Engagement Banking Platform is now listed in the Microsoft Azure Marketplace, apps and services are offered online for use with Azure. Customers of Backbase can benefit from the reliable and effective Azure cloud platform, which has simplified setup and maintenance. This listing is the next exciting step
4th – 5th October 2022 | Radisson Blu Scandinavia, Copenhagen
4th – 5th October 2022 | Radisson Blu Scandinavia, Copenhagen Your favourite Nordic Banking event is back. Re-charge innovation, be inspired by visionaries, and ensure you’re at the center of it all. The ideas sparked at MoneyLIVE Nordic Banking will set the bar for future innovations – Will you be part of the conversation? Read
