Fintech

US Bank has acquired Arizona-based healthcare fintech Salucro Healthcare Solutions for an undisclosed sum. Founded in 2004 and headquartered in Phoenix, Salucro supplies healthcare providers across the US with a suite of online billing and payments solutions, along with advanced patient engagement tools. Salucro’s workforce will now join Elavon, a payments and processing subsidiary of […]

Banking Circle, a fully licensed next-generation bank with central bank access, is partnering with Skydo, an India-based cross-border payments platform for micro, small and medium-sized enterprises (MSMEs) and freelancers. Through the new collaboration, Banking Circle aims to support businesses in India that operate globally, empowering them with cost-effective payment solutions that make it easier for them […]

Herefordshire-based payment solution provider allpay has officially added a new local gift card to its range on its reward and recognition platform, following a successful pilot. After positive employee feedback, allpay has introduced a local gift card for Hereford as a permanent employee reward option. HR leaders at the firm say the card has been hugely popular, with staff […]

Revolut cements its position as Europe’s most valuable private tech company with a US$45bn valuation after recent employee share sale Leading UK neobank Revolut has reached a US$45bn valuation after the completion of a recent employee share sale. The result sees its worth surge by 36% since its last valuation of US$33bn in 2021, now surpassing the […]

In the latest development of the case, Deutsche Bank stated that it had settled majority of the claims with plaintiffs, agreeing to pay former shareholders €31 on top of €25 paid to them originally per share. However, there still are some shareholders holding out. Last week, a lawyer on the case, Jan Mayer, called Deutsche […]

An Australian court has ruled in favour of the country’s securities regulator against the local operator of the Kraken crypto exchange over design and distribution obligations when offering a margin trading product. In 2021, Bit Trade, which operates the Kraken Exchange in Australia, began offering a “margin extension” product without a target market determination, as […]

Zumo, a B2B digital assets infrastructure provider, has signed the Abu Dhabi Sustainable Finance Declaration, furthering its commitment to sustainable finance as it expands into the Middle East. The Declaration, initiated by Abu Dhabi Global Market in 2019, aims to establish a sustainable finance industry in line with the UAE’s Green Economy initiative. Zumo will also collaborate with […]

UK high-street bank NatWest Group is joining forces with Visa, the digital payments giant, to launch a new travel reward credit card for its UK customers. The new launch is the latest in a long-term collaboration between Visa and NatWest Group to offer customers access to Visa’s debit and credit cards to help them manage their spending with […]

Earlier this week, the US Securities and Exchange Commission (SEC) revealed that 26 broker-dealers and investment advisers have agreed to pay combined civil penalties totalling over $392million, for unauthorised use of messaging services such as Whatsapp.  Firms and their employees are not allowed to use WhatsApp to communicate with colleagues, partners or customers, as it compromises each firm’s […]

As the real estate industry continues to embrace digital transformation, proptech innovations are playing a crucial role in helping property owners maximise profits and control expenses. From advanced data analytics to smart building technologies, these innovations offer powerful tools for enhancing operational efficiency and driving revenue growth. We asked industry experts to share their insights […]