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US fintechs Brex and MX announce layoffs

American companies Brex and MX have joined the long list of fintechs to announce staff cuts this year. Brex lays off approximately 11% of its...

US fintech funding round-up: OatFi, Fintor and StandardC

The Friday funding round-up for this week includes three fintech start-ups based in the US – OatFi, Fintor and StandardC. OatFi emerges from stealth with...

Video: HSBC at Sibos 2022 – ESG and financial services

At the Sibos 2022 conference in Amsterdam, FinTech Futures sat down with Natalie Blyth, global head of commercial banking sustainability at HSBC, to discuss the bank’s...

Google and Santander team to simplify cloud journey for enterprises

Google has partnered with Spain’s banking heavyweight, Banco Santander, to launch a service to help companies transition from legacy systems to the cloud. Santander’ Gravity...

Sibos 2022: How to avoid a digital identity crisis

In an increasingly blurred reality, the way we manage identity (or identities) and the interaction with networks, financial or otherwise, is becoming increasingly essential. Bianca...

LatAm paytech Kushki acquires Mexico’s Billpocket

Latin American payments solutions provider Kushki is nearing the completion of its deal to acquire a fellow paytech in Mexico, Billpocket. Kushki buys Mexican paytech...

Sibos 2022: No bank is an island – joining up digital currencies

At Sibos 2022, experts from Bank of America, HSBC, Accenture and the European Central Bank (ECB) got together to hash out what banks, central...

Swift pilot lays foundation for use of CBDCs and tokenised assets in global finance

Following a series of experiments, Swift has concluded that central bank digital currencies (CBDCs) and tokenised assets are able to move “seamlessly” on existing...

Automated debt payment platform Tally bags $80m Series D

US-based financial automation platform Tally has raised $80 million in a Series D funding round led by Sway Ventures with participation from Menora Mivtachim,...

SEC fines 16 Wall Street firms $1.1bn for recordkeeping failures

The US Securities and Exchange Commission (SEC) has filed charges against 16 Wall Street firms for “longstanding failures” to maintain electronic communications in violation...

Billtrust snapped up by EQT Private Equity in $1.7bn deal

Billtrust, a US-based business-to-business (B2B) accounts receivable (AR) automation and integrated payments provider, is to be acquired by EQT Private Equity in a deal...

HSBC and Oracle NetSuite launch new accounts payable solution

Banking heavyweight HSBC and Oracle NetSuite have unveiled a new solution named NetSuite AP Automation that aims to help organisations automate their accounts payable...

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