Finextra

SEPTEMBER 16, 2024

The London Stock Exchange Group (LSEG) has acquired the Veris post-trade processing business and related intellectual property from Axoni. Financial terms were not disclosed.

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Finextra

JUNE 18, 2024

Atom Bank has posted its first pre-tax profit, boosted by a 40 per cent increase in its loan book to £4.1bn, with a 55 per cent jump in residential mortgage balances to £3.2bn.

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Payments Dive

DECEMBER 6, 2023

PayPal’s new CEO is making executive suite changes, creating a president of global markets post and tapping a payments industry veteran for the role.

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Finextra

JULY 18, 2024

SpectrAxe, the pioneering central limit order book (CLOB) for over-the-counter (OTC) FX options, is partnering with OSTTRA, a leading provider of post-trade solutions, to offer a comprehensive end-to-end service from price discovery through to execution, booking, and risk management in the FX options market.

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Bank Automation

MARCH 5, 2024

For the first time since it was founded in 2016, digital bank Dave posted a profitable quarter. Dave reported fourth-quarter adjusted EBIDTA of $10 million compared to a loss of $13 million in Q4 2022, according to the bank’s earnings release today.

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Finextra

OCTOBER 15, 2024

NYSE: BR) has launched a range of enhanced services and solution capabilities for international post-trade processing. In response to the increased sophistication and prevalence of cyber threats, and board mandates on operational resilience, Broadridge Financial Solutions, Inc.

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Fintech News

JANUARY 14, 2024

Broadridge Financial Solutions has unveiled OpsGPT to assist operations users, analysts, and management teams in navigating the complexities of post-trade activities. It seamlessly integrates with Broadridge’s existing post-trade solutions, facilitating global access across multiple asset classes.

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Finextra

AUGUST 12, 2024

New figures released today reveal Post Offices handled a record £3.77 billion in cash deposits and withdrawals in July.

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Finovate

MARCH 20, 2024

Galileo has expanded its BNPL tool to allow banks and fintechs to offer cardholders post-purchase installment payment options. The SoFi-owned company launched an API for its bank and fintech clients that will enable them to offer their cardholders post-purchase installment payment options. Curve, a U.K.-based billion deal.

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Payments Source

NOVEMBER 25, 2020

Moscow-based JSC Post Bank has established a merchant acquiring agreement with JCB International to allow JCB cardholders to withdraw cash from all of the bank's ATMs and make payments at Post Bank point-of-sale terminals in Russia.

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Payments Dive

AUGUST 11, 2022

The payments software company posted a second-quarter loss despite client wins being higher than usual and revenue jumping more than 50 percent.

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Finextra

MARCH 18, 2024

M1 Finance has been fined $850,000 by the Financial Industry Regulatory Authority (Finra) for social media posts made by influencers on the fintech's behalf.

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Finextra

APRIL 15, 2024

has selected Broadridge’s post-trade solution to launch its equities brokerage services to clients in the UK, through its subsidiary SBI Shinsei International Limited. Global Fintech leader Broadridge Financial Solutions, Inc. NYSE:BR) today announced that SBI SECURITIES Co.,

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Finovate

MARCH 19, 2024

FINRA stated that around 1,700 influencers posted content, some of which was unfair and contained exaggerated, unwarranted, promissory, or misleading claims. The offending posts occurred because M1 Finance did not review or approve the influencers’ content before they posted it. FINRA, a U.S.

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Finextra

JULY 30, 2024

Safecypher, one of Europe’s leading card payments security companies, has launched a new advanced anti-card fraud technology in partnership with An Post.

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Finextra

MARCH 19, 2024

NASDAQ: SOFI), announced today an expansion of their Buy Now, Pay Later offering that allows banks and fintechs to offer cardholders new post-purchase installment payment options via their existing debit or credit card account. Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc.

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Finextra

JUNE 11, 2024

DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced it is working with Cboe Clear Europe to deliver an enhanced post-trade workflow for over-the-counter (OTC) cash equities trades to help increase settlement efficiencies across UK and European markets.

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Finextra

MAY 31, 2024

Today, the AI-powered global payments network and shopping assistant, Klarna announces profitable start and continued growth outpacing ecommerce, reporting its Q1 2024 financial results.

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Payments Dive

SEPTEMBER 29, 2020

Mobile Payments Today interviewed Victor Ho, CEO of Fivestars Marketing regarding how fintechs can help small businesses thrive in a post-pandemic environment.

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Payments Source

AUGUST 18, 2020

A pilot program that would let banks, credit unions and challenger banks bid to offer financial services within rural and inner-city post offices could be a first step in serving the underbanked while also helping to shore up the U.S. Postal Service's finances.

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The Fintech Times

JUNE 30, 2024

” The post bunq’s UK Ambitions: Strategic ‘Patience’ in Post-Brexit Reentry appeared first on The Fintech Times. We just need to continue to work hard on our application and allow the regulator to do their job. “We cannot wait to be back, stay tuned!”

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Payments Dive

AUGUST 4, 2020

Once the world has transitioned into a post-pandemic phase, businesses that realize health and safety will still be paramount to customers will be the ones determined to find creative and innovative ways to maintain and retain customers.

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Finextra

JUNE 25, 2024

Three digital ID apps from Yoti, Lloyds Bank and the Post Office have been accredited by the UK’s national Proof of Age Standards Scheme (Pass).

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The Paypers

JULY 30, 2024

UK-based fraud prevention startup Safecypher has partnered with Irish post office An Post to drive down Card-Not-Present (CNP) payment fraud.

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Finextra

AUGUST 8, 2024

The Board of Directors of illimity Bank S.p.A. illimity” or the “Bank”), chaired by Rosalba Casiraghi, met yesterday to approve the results of the illimity Group as at 30 June 2024.

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The Fintech Times

FEBRUARY 12, 2024

That being said, FTX has since collapsed due to fraud, while WeWork went bankrupt and Uber posted its first profitable quarter this year – despite being founded in 2017. The post Post Investment: Can Fintech Rebuild on Value, Not Hype? However, to the strategically minded, every crisis is an opportunity.

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Fintech Finance

MARCH 19, 2024

(NASDAQ: SOFI), announced today an expansion of its Buy Now, Pay Later offering that allows banks and fintechs to offer cardholders new post-purchase installment payment options via their existing debit or credit card account. By expanding pay over time opportunities, post-purchase financing is ushering in a new era of responsible lending.”

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FloQast

MAY 22, 2024

This year, I encourage you to use this post-busy season time to go deeper. The post How to Achieve Post-Busy Season Success in Accounting appeared first on FloQast. Strategic Career Planning Accounting departments often conduct annual reviews.

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Payments Dive

AUGUST 30, 2023

After overhauling the business to stem cash burn and turn a profit, BNPL firm Zip’s annual loss narrowed over last year.

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Finextra

JULY 3, 2024

Pleo, one of Europe’s leading spend management platforms, is celebrating another year of triple digit SaaS growth, leading to group revenue increase of over 50% for FY23.

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The Paypers

APRIL 10, 2024

UK-based Post Office has enabled cash deposits for digital bank Monzo ’s customers across all of the former’s facilities in the UK.

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Payments Source

MARCH 12, 2021

and Japan Post Holdings Co., Rakuten Inc. plans to raise 242 billion yen ($2.2 billion) by selling shares to investors including Tencent Holdings Ltd., Walmart Inc. bankrolling expansions into AI, finance and mobile.

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The Paypers

JANUARY 11, 2024

Payments, identities, and data company Entrust has announced the launch of its Post-Quantum Ready PKI-as-a-Service (PKIaaS PQ) platform.

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Payments Source

MAY 26, 2020

The coronavirus shutdowns have tossed businesses into disarray in numerous ways, most notably the tricky transactions that come with operating a restaurant as a drive-through for the first time.

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PYMNTS

OCTOBER 16, 2020

Facebook’s Ireland and United Kingdom unit has agreed to change the way Instagram works to “make it much harder for people to post an (advertisement) on Instagram without labelling it as such,” Britain’s top antitrust regulator announced Friday (Oct.

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The Paypers

APRIL 17, 2024

Orange Money and the Jordan Post Company have signed an agreement to boost digital financial services in Jordan.

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Payments Dive

JUNE 26, 2020

Restaurants looking to recover from the COVID-19 pandemic should consider a series of contactless ordering and payment technologies that will help bring customers back in a secure and healthy environment.

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