Ohpen Acquires Davinci To Create Comprehensive Cloud Banking Platform
#Ohpen, the Dutch #cloud-based #banking system, has announced the acquisition of #Davinci, a provider of cloud-based cross-border loans and mortgages.
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KeyBank Acquires SMB Lending Tool Bolstr, Plans to Originate $2.5 Billion in Loans in 5 Years
For a long time, expensive underwriting kept #banks away from small business #lending. But not anymore. The most recent example of a bank taking note of this area is #KeyBank’s acquisition of #Bolstr’s SMB-focused digital lending platform, which it announced this week. Terms of the acquisition were not disclosed. Founded in 2010, Bolstr is a […]
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Accenture Acquires Consultant Firm VERAX to Enhance Bank Offerings in Canada
Business management consulting company #Accenture, acquired #fintech consultancy #VERAX, in a bid to #enhance its banking #technology #offerings in #Canada. The addition of VERAX’s technology (which delivers wealth management, brokerage, mobile and online banking, and capital markets “consulting initiatives” for leading financial institutions) will integrate into Accenture’s pre-existing technology capabilities for financial services within Canada. […]
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In a Twist, Fintech Startup Tandem Acquires Bank
A #bank buying a #fintech company is newsworthy, but a fintech #startup buying a bank means the industry may be changing. It’s happened before — Green Dot bought Bonneville Bank back in 2011, and there have been a few others, but it&8217;s far from a trend &8212; yet. But that kind of change is what […]
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Mastercard Acquires NuData for Better IoT Security [Video]
The global Internet of Things needs to have great cybersecurity—that’s why leading card provider #Mastercard just acquired financial cybersecurity firm #NuData #Security. An estimated 50 billion IoT devices will be connected by 2020, according to Mastercard, which has already developed smart fridge solutions, and is currently working on smart homes, smart cars, and other wearable devices […]
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Rakuten Acquires Bitcoin Startup Team for Blockchain Lab Launch
Japanese e-commerce firm #Rakuten has acqui-hired #bitcoin #startup Bitnet as part of a bid to staff its new #blockchain development lab in the UK.
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Bitcoin Miner Bitmain Acquires Blockchain Data Startup
#Bitmain has acquired a #bitcoin #data and analytics #startup Blocktrail for an undisclosed amount.
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Seamless Acquires MeaWallet AS to Push its Mobile Payments Ambitions
The #MeaWallet AS acquisition helps aid #Seamless’ SEQR business, which looks to foster its #mobile #technology outlook.
FinTech – Finance Magnates | Financial and business news
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