News

Visa is to acquire US payments giant Plaid for $5.3bn, a software startup that is used by the likes of Venmo, Robinhood and Coinbase. Plaid, which helps companies connect to users’ bank accounts, was last valued at $2.65bn in...

The buzzwords in corporate boardrooms, these days, are “big data” and “data analytics.” And the insurance sector is no exception! The way insurance is being underwritten in today’s world is fast changing. And feeding this massive data revolution is...

Fintech Nucoro has announced the extension of its wealth management focused white-labelled technology to the insurance sector. According to Nucoro, combining insurance with digital wealth management (WM) solutions is an easier way to pull customers into insurance-related services. More insurers...

Qonto, a neo-bank for business accounts that was launched in France two years ago, has expanded to Germany, following previous openings in Italy and Spain. Qonto was the recipient of the first investment by Peter Thiel's Valar Ventures in France...

Standard Chartered has launched SC GPI Track, a publicly accessible portal that offers the ability to trace all cross-border payments cleared through the bank’s major clearing centres to its clients, as well as its corporate and retail clients. As part...

BNP Paribas Securities Services has extended its license for Temenos Multifonds Global Accounting and Temenos Multifonds Global Investor until 2028. Temenos’ software platform and integrated operating model will deliver localised accounting and reporting to underpin the management of BNP Paribas...

Insurance brokerage firm AssuredPartners has acquired Star & Shield Insurance Services to expand its presence in the US state of Florida. Based in Tallahassee, Florida, the acquired firm offers low-cost insurance for first responders, their families, friends, and neighbours. It...