Author: Banking Herald

ACI Worldwide has agreed to acquire UK-based paytech Cranium Ventures, adding its SYNAP card-switching technology to ACI Connetic for Cards. The deal will strengthen ACI’s cloud-based card processing capabilities and accelerate its strategy to modernize payment infrastructure for financial institutions.

FNBO has agreed to acquire Denver-based InBankshares Corp. in a cash deal valued at up to $204 million, expanding its presence across Colorado and northern New Mexico. The acquisition will add nine Colorado branches and four New Mexico locations, strengthening FNBO’s footprint in key Mountain West markets.

Capitolis has appointed former Bank of America executive Murugan Manickam as its new chief technology officer, strengthening its leadership team as the capital markets fintech expands its SaaS, data and AI capabilities.

InsuranceDekho and RenewBuy are merging to create India’s largest insurance distribution platform, combining a ₹6,600 crore premium book, 600,000+ digital partners and access to 52 insurers across a pan-India network.

Robinhood Chain recorded a record $989 million in single-day decentralized exchange trading volume in late August, alongside a record $708 million in total value locked, nearly…

JPMorganChase is upgrading its lockbox operations with automation and robotics, part of the $19.8 billion the bank has set aside for technology investment this year. The…

DBS Hong Kong has appointed Kyle Tan Managing Director and Head of Global Financial Markets, effective 1 September 2026. He’ll also sit on the Hong Kong…

U.S. Bank has named Chris Peary chief private banking officer for Wealth Management. He’ll drive the bank’s push to deliver integrated banking, credit, and wealth solutions…

IXOPAY has named Ajoy Krishnamoorthy CEO, putting him in charge of the payment infrastructure provider’s next stage of growth as it builds out an AI-native platform…

MassMutual Ventures has launched Climate Technology Fund II (CTF II), a $150 million venture capital fund aimed at early-stage companies using climate technology and AI to…