Banking

Wall Street’s stab at refinancing Finastra’s private debt fails

An attempt to get better terms for Finastra Group Holdings Ltd.’s more than $5 billion debt load — made up of one of...

Trump tariffs wipe out nearly $2T from US stock market

Roughly $1.7 trillion was erased from the S&P 500 Index at the start of trading on Thursday amid worries that President Donald Trump’s...

Survey reveals 75% of banks exploring gen AI use

Nearly 75% of banks are actively exploring the deployment of gen AI technologies according to a Temenos report published today. The study, conducted...

Fintech Plaid Raises $575M in funding round, eyes IPO

Plaid Inc., the financial-technology company poised for an initial public offering, raised $575 million in a funding round from longtime existing investors Ribbit...

Inside look: Amex’s payments strategy for SMBs

American Express is developing payments solutions for small to medium-sized businesses through collaboration. By working with fintechs, the payments giant can develop solutions...

Inside ACI WorldWide’s 2025 growth strategy

ACI Worldwide is eyeing international opportunities coupled with increasing adoption of real-time and commercial payments to grow operations in 2025. The $5.2 billion...