JPMorgan has made a strategic investment in Cleareye.ai, a fintech firm specializing in trade finance, the companies announced Tuesday. The parties, who entered into the trading partnership last September, did not disclose the financial terms of the transaction. Trade finance refers to financial products offered by banks and other institutions that facilitate global trade by
Compass, the consumer finance arm of the Mediobanca Group, has signed an agreement to acquire 100% of HeidiPay Switzerland AG from HeidiPay AG, a growing Swiss Buy Now Pay Later (BNPL) financial company with over 400 deals. Trade agreements with major distributors, premium brands and technology operators active in the region. With this acquisition, Compass
Citi Treasury and Trade Solutions (TTS) and Pismo, the next-gen banking and payments software company, jointly announced their relationship in which Citi will use Pismo’s technology platform to help strengthen Citi’s corporate demand deposit accounts (DDA), to clients worldwide. Citi TTS continues to migrate its solutions, services, and infrastructure to create “always on” capabilities aimed
Blackrock and Avaloq announce strategic partnership to deliver integrated technology solutions that meet the evolving needs of asset managers This partnership will enable private bank and wealth managers to improve their operations throughout the customer journey, including referrals, portfolio building, client reporting and management. risk management. By combining Avaloq’s core banking, CRM and mobile banking
Canadian Wealth-as-a-Service firm OneVest has raised C$17 million in a Series A funding round led by Omers Ventures Luge Capital, Panache Ventures, AAF Management, FJ Labs, Fin Capital, Pivot Investment Partners and Deloitte Ventures participated in the round. Founded in 2021, OneVest provides a modular and adaptable infrastructure platform that allows financial firms to integrate
Mach Alliance, a group of independent technology companies dedicated to championing innovative, open technology ecosystems, today announced that Stripe has joined the Alliance. Stripe, the company that builds the economic infrastructure for the Internet, is used by many major companies globally, from Amazon to BigCommerce, Ford, Zara, Maersk and many more. “Stripe serves as an
UBS has completed the acquisition of Credit Suisse today, crossing an important milestone. Credit Suisse Group AG has been merged into UBS Group AG and the combined entity will operate as a consolidated banking group. Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules Combined entity now operates as consolidated
DJUST, a B2B e-commerce SaaS platform created by former Mirakl founder Arnaud Rihiant, today announced that it has raised €12 million in a Series A growth funding round to accelerate the market expansion. Funding round by New Enterprise Associates, Inc. (NEA) leads, with additional participation from Elaia Partners. Founded in 2020, the Paris-based B2B Commerce
Westpac is launching a new set of card designs to make payments more accessible to customers who are blind or visually impaired. Credit, debit and prepaid cards will incorporate new accessibility features, including different notches along the short edge to allow customers to distinguish their payment cards from each other with a single touch. .
Fiserv, Inc., the world’s leading provider of payment technology solutions and financial services, today announced that it has completed the transfer of its public listing to the New York Stock Exchange. As of today, the company starts trading under the symbol “FI”. To celebrate the transfer, a representative from Fiserv will ring the NYSE opening
Mastercard has partnered with Moroccan financial technology NAPS to drive innovation in Morocco’s digital payments landscape. This partnership also builds on the pair’s strong historical relationship and aims to develop innovative payment solutions for individuals and businesses. NAPS, on a mission to expand the reach of digital payments in Morocco, brings together the M2M Group’s
Finaro, the global cross-border payment provider and the fully licensed bank has today announced its European Cloud Commerce deployment with payments technology company Mastercard, Nordic neo bank and POS provider, Northmill, and leading full commerce enablement technology company, NMI. Following Mastercard’s launch in the U.S. in 2021, this partnership will bring Mastercard’s cloud-native software-based acceptance
