Central Bank of Hungary

Business Wire | September 29, 2020

Finicity, a leading provider of open banking solutions, today announced the rollout of Finicity Lend™ for credit-decisioning. Finicity Lend, an integrated solution set of open banking data services, provides banks, lenders and fintech developers access to tools that enable their borrowers to directly permission data and insights into lending decisioning processes. Finicity Lend addresses the need for more efficiency and accuracy, better risk management, real-time insights, and enhanced cre...

Cision PR Newswire | September 16, 2020

Alloy, the identity operating system for the financial services industry, today announced it has raised $40 million in Series B funding. Canapi Ventures led the round with participation from Felicis Ventures and Avid Ventures, as well as existing investors Bessemer Ventures, Primary Venture Partners, and Eniac Ventures. In addition, Canapi Ventures partner Walker Forehand will join Alloy's board of directors. Fintechs and banks alike are turning to Alloy to automate their increasingly comple...

FINTECH

Visa, Currencycloud | July 23, 2021

Visa announced today that it has entered into a definitive agreement to purchase Currencycloud, a worldwide platform that enables banks and fintechs to provide innovative foreign currency solutions for cross-border payments. Currencycloud is valued at £700 million, including cash and retention incentives, as part of the acquisition, which builds on the two firms' existing strategic cooperation. The financial consideration will be decreased by Visa's existing ownership of Currencycl...

JP Morgan | May 14, 2020

JP Morgan is reportedly serving bitcoin exchanges – Coinbase and Gemini – as banking clients, according to Wall Street Journal sources. It’s the first time the US banking giant has taken on crypto clients. The exchanges were approved in April as customers under the bank’s corporate and investment division, and are now starting to process transactions through the bank, per the report. Traditionally fenced out by banks as clients too risky to take on – B...