Neo Financial, a Canadian fintech firm, has recently made headlines by raising CAD $360 million in their Series D funding round. This substantial financial boost, consisting of CAD $110 million in equity and CAD $250 million in debt, is set to accelerate the growth of Neo Financial’s diverse suite o
Gate City Bank's decision to partner with Alkami Technology signals a significant step towards modernizing its digital banking services. The bank, which has been serving communities in North Dakota and central Minnesota since 1923, is aiming to enhance its online experience for both retail and
Zand Bank, a Dubai-based digital challenger, has entered a groundbreaking partnership with Alibaba Cloud and Ant Digital Technologies aimed at transforming the landscape of financial services in the UAE. Their collaboration is set to drive the adoption of cutting-edge generative AI, blockchain, and
Joey Rault, Chief Revenue Officer at Codat, and Jesse Schwarz, Executive Director – Fintech Partnerships at JP Morgan Chase, highlighted the latest trends in B2B payments at the Money20/20 USA 2024 conference. Emphasizing the importance of leveraging new technologies, they outlined how real-time p
Banco de Crédito del Perú (BCP) has embarked on a massive technological leap by planning a $650 million investment in cloud modernization over the next five years. This strategic move involves partnering with tech giants Microsoft and Kyndryl to overhaul BCP’s internal systems using hybrid cloud tec
In a significant move to bolster its presence across the United States, PNC Bank has announced a massive $500 million investment aimed at expanding its branch network in key urban markets. This remarkable initiative will further solidify PNC’s footprint in important cities such as Orlando, Atlanta,
