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CIBC partners MX for fintech customer data access agreement

Canadian banking heavyweight CIBC has entered into a data access agreement with B2B data exchange MX. CIBC enters into data access agreement with MX The arrangement will...

Embedded finance start-up Parafin raises $60m Series B

Fintech infrastructure start-up Parafin has raised $60 million in a Series B financing round led by GIC, Singapore’s sovereign wealth fund. Parafin raises $60m Series...

Cartoon: Dancing in the rain

“Dancing in the rain” by Ian Foley This new cartoon illustrates how different companies are dealing with the onset of the recession. This week, the...

FinTech Futures: Top five stories of the week – 5 August 2022

Here’s our pick of five of the top news stories from the world of finance and tech this week. Italian paytech Nexi partners Microsoft to...

Paystand buys Yaydoo to expand B2B payments network across Americas

B2B payments platform Paystand has acquired Mexican fintech Yaydoo for an undisclosed sum in what it calls “one of the biggest technology unions” in...

Robinhood to cut 23% of staff, crypto unit fined $30m

Stock trading app Robinhood is to cut almost a quarter of its staff while its crypto arm has been fined $30 million by New...
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Financial software vendor Savana closes $45m Series A round

Pennsylvania-based financial software provider Savana has closed a $45 million Series A round led by Canadian growth-stage investor Georgian. Savana raises $45m Series A US banking...

Rêv acquires Global Payments’ card business Netspend in $1bn deal

Texas-based fintech Rêv Worldwide, in partnership with funds advised by Searchlight Capital, is set to acquire the Netspend consumer business from Global Payments in...

Ohio’s KeyBank taps Quavo for dispute management platform

Ohio-based KeyBank has tapped fintech Quavo for its QFD automated dispute management platform. KeyBank partners Quavo KeyBank will deploy the cloud-based QFD solution to unify its...

US fintech GloriFi to trade publicly following $1.7bn SPAC merger with DHC

US “purpose-driven” fintech GloriFi, which aims to provide a suite of financial services to those living in the heartland of America, is to list...

FinTech Futures: Top five stories of the week – 29 July 2022

Here’s our pick of five of the top news stories from the world of finance and tech this week. UK fintech investment defies global downturn...

New group CEO and comprehensive strategic review at Credit Suisse

Credit Suisse has named Ulrich Körner as group chief executive officer (CEO) following the resignation of Thomas Gottstein. Körner, who is currently leading the...
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