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We’re already well into the second month of 2024, and while funding has slowed down a bit, news in the decentralized finance world has picked up. Take a look at some of the top headlines in fintech and banking this week.
Digital Banking
Israel-based digital bank oneZero<a href="https://finance.yahoo.com/news/one-zero-bank-launches-groundbreaking-140000886.html” rel=”nofollow noopener” target=”_blank”>unveils its new GenAI-powered assistant, Ella.
HighRadiusacquires Cforia.
Payments
Tuition payments solution for trade and technical school students Mia Shareraises $6.5 million in funding.
Fiservexpands in-person bill payment network to NCR Atleos ATMs.
Airbaseappoints Mathew Schulz from Forrester as its new Vice President of Procurement Strategy.
Blackhawk NetworklaunchesSelect Codes to allow quick distribution of rewards.
NMIlaunches NMI Payments, a comprehensive embedded payments solution.
Tradeshiftappoints Iain Balchin as Chief Financial Officer.
i2c Inc.adds new clients in Brazil, Dominican Republic, Mexico, Peru, and Puerto Rico.
Banking-as-a-Service
Nordic Capital inks agreement to acquire majority stake in SaaS core modernization provider Zafin.
Crypto
Crypto wallet app COCAintroduces virtual cards.
Cryptocurrency exchange OKXexpands to Argentina.
Crypto custodian BitGoacquires private securities and alternative investment infrastructure provider Brassica.
Open banking / Open finance
Moneyhubnamed supplier of Crown Commercial Service’s (CCS) Open Banking Dynamic Purchasing System framework for the U.K. government.
Akoya, Envestnet | Yodlee, MX, and Plaid to integrate into FIS’ Open Access platform.
FIS and Banked partner to create new pay-by-bank solutions.
Wealth management & Investing
Swedish investment platform Kameosecures $1.3 million (£1.1million) investment from Incore Invest.
Attune Solutions launchesAttune WealthData powered by BridgeFT.
Clearwater AnalyticslaunchesClearwater MLx, mortgage loan investment solution.
Blue Ocean Technologies and DriveWealthpartner to expand geographic reach and trading services.
Exponential Marketsreceives strategic investment from Citi.
Card Issuance/Management
Card issuing platform Marqetainks travel management software company, Internet Travel Solutions (ITS).
ConnexPaylaunchesConnexPay Flex, a new variable-rate virtual card.
Mastercard and the Bank of Punjab expand their partnership to cover the commercial segment.
Lending
Yardline and AMZ Pathfinderpartner on ecommerce funding.
Traditional finance
Barclays to acquireTesco Bank’s retail banking business.
AtlasClearcombines with SPAC and acquires Wilson-Davis & Co.
NCR Atleosto bring surcharge-free cash access to American Express checking customers.
Clearwater Analyticsextends support for accounting with fund accounting and pooled participant interaction.
Fraud & security
Signzylaunches one-touch KYC for seamless digital onboarding.
TruShield Insurancecollaborates with Visa to help address cybersecurity risks facing small businesses.
Tina Stewart joinsUtimaco as Chief Marketing Officer.
Data Zoonames former London Stock Exchange Group executive Charlie Minutella as new CEO.
Canada’s EQ Bank partners with Trulioo for identity document and biometric verification.
Armilla AIlands $4.5 million in Seed funding to help de-risk AI adoption for enterprises.
Mortgagetech
Betterlaunches digital VA loans powered by Tinman.
Source: finovate.com