Tifin, an umbrella group operating a host of AI-powered fintech businesses in the asset and wealth management industry, has hit a $842 million valuation of the back of a $109 million Series D funding round.
HSBC’s former global data analytics boss Jon Farina has joined WCKD RZR, a 'data enablement' software startup founded by the bank's ex-chief administration officer.
Token, an open banking platform driving the shift from card to account-to-account bank payments in Europe, has raised $40 million in a Series C funding round co-led by Cota Capital and TempoCap.
PayPal's Zettle unit has introduced functionality that lets small businesses in the UK, Sweden and the Netherlands accept contactless payments in-person, directly on their Android devices with no additional hardware or fees.
Banco Santander has used bespoke, in-house developed software to digitise its core banking platform, already migrating 80% of its IT infrastructure to the cloud.