The first week of April begins with a resolution in the Sam Bankman-Fried saga as the former FTX founder and infamous crypto entrepreneur receives a sentence of 25 years in prison.
Crypto
Sam Bankman-Fried sentenced to 25 years in prison for its role in the FTX scandal.
Web3 payment solution provider Alchemy Pay announces investment in LaPay.
Issuer-processor Paymentology partners with Web3 and digital asset corporate spend management platform Rain.
Lending
Loan origination specialist Baker Hill implements CrowdStrike’s Falcon platform.
Financial wellness
Financial guidance specialist Chimney announces that it now has 30 banks on its client roster.
Payments
BankPro Limited, a subsidiary of FxPro Group, partners with just-in-time payment card provider Arroweye Solutions.
Visa launches Subscription Manager to help consumers track subscriptions and recurring payments.
Canada-based payments company Nuvei agrees to be acquired by Advent for $6.3 billion.
Versapay taps Gaby Kozakov as its new Chief Technology Officer.
All-in-one payments platform ConnexPay introduces new CEO Ben Peters.
Modern Treasury launches new Professional Services offering.
MENA-based fintech Valu partners with noon Payments.
Arab Financial Services teams up with ACI Worldwide to promote payment modernization.
Brim Financial secures $85 million in Series C funding to fuel global expansion.
Trustly and Cross River Bank pioneer FedNow transactions.
Check to power Wave’s expanded payroll offering.
Credit Reporting
FinDoc, a fintech based in Malaysia, announces a strategic collaboration with credit reporting agency CTOS Data Systems.
Wealth Management
Clearwater Analytics acquires risk and performance analytics solutions from global financial services firm Wilshire Advisors.
JPMorgan Chase reports major adoption of its Wealth Plan digital money coach, with a million personalized plans created in the year after launch.
Alternative asset platform Alto appoints CEO Scott Harrigan as President and Beth Bellon as SVP of Operations.
Digital Banking
Bluevine introduces a trio of new business checking plans.
Ally Financial introduces new CEO Michael Rhodes.
Digital banking solutions provider Alkami partners with SWIVEL to give its clients access to new loan payment capabilities.
nCino unveils new upgrades to its Consumer Banking Solution.
Q2 appoints Katharine Briggs as Chief Product Officer.
Swedish-based cloud core banking platform provider Vilja partners with U.K.-based mortgage origination partner Mast.
ieDigital, Connect FSS, and ABAKA announce appointment of Rami Cassis as CEO.
Procure-to-pay software provider PairSoft acquires APRO Software Solutions.
First State Bank selects Jack Henry to revamp its banking experience.
Regtech
Risk management solutions provider Abrigo acquires TPG Software.
Identity management
Biometric identity solutions provider iProov appoints Peter James as its Chief Product Officer.
Insurtech
Enterprise insurance management platform Novidea introduces new Chief Revenue Officer Jeff Heine.