JPMorgan Chase on Monday announced it is taking a 40% ownership stake in Brazil’s C6 Bank, a Sao Paulo-headquartered digital...

This week’s funding rounds added wealth management referral platform SmartAsset to the ranks of fintech unicorns, while a European payments provider, Indonesian BNPL player and South Korean financial app company respond to the demand for regional digitalization. Here are the week’s highlights: SmartAsset Wealth management...

Goldman Sachs rolled out transaction banking in the U.K. yesterday through a modernized, API-enabled platform built on the cloud, entering...

This week, investors looked to infrastructure fintechs for new funding opportunities, with interest once again on a Latin American fintech. Here are Bank Automation News’ highlights.  10X Technologies  London-based 10x Future Technologies,...

The design of a potential U.S. central bank digital currency (CBDC) remains a topic of debate, as made clear at a Tuesday hearing of the U.S. House Committee on Financial Services Task...

BMO Harris Bank selected FIS to modernize its banking platform with the aim of giving U.S. customers access to a...

This week, Buy-Now-Pay-Later (BNPL) players and digital banks stayed on investor radars and valuations for companies continued to skyrocket. Other notable funding rounds included an ID verification player and a banking...

The U.S. Senate on Wednesday conducted a hearing related to a possible rollout of a Central Bank Digital Currency (CBDC),...

Walmart continues to ramp up its financial services offerings, today announcing a new deal inked with payments platform PayNearMe that allows customers to pay rent, car payments and utility bills with cash at participating Walmart stores starting in August.   Customers will use the PayNearMe...

Last week’s announcement of a $1 billion Series D funding round by process mining leader Celonis puts the fintech in a league of its own, taking the company’s post-money valuation...