Page 681 - Execution News Today

Silicon Valley Bank (SVB) UK has announced further Nordic expansion with the establishment of a representative office in Stockholm. SVB previously opened an office in Denmark in late 2019.

The Securities and Exchange Commission (SEC) has announced settled charges requiring Oracle to pay $23 million, following the company’s violation of provisions in the Foreign Corrupt Practices Act (FCPA).

SeQura the leading BNPL and flexible payments platform in Spain and southern Europe, closed an asset-backed agreement with Citi of up to €150m of senior financing.

Temenos (SIX: TEMN) today announces that SinoPac, one of Taiwan's largest banks, has selected Temenos to advance its digital banking capabilities.

ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software has announced that Westpay AB, a leading payments solution provider in the Nordics, will utilize ACI Secure eCommerce to enhance its current in-store payment solutions with state-of-the-art eCommerce capabilities.

European payments fintech, Mollie, has launched Mollie Capital to facilitate SME access to finance and funding.

DFM, a financing partner in the Netherlands for enterprises within the mobility sector, has chosen Worldline [Euronext: WLN], a global leader in payment services, to be their Instant Payments and Clearing & Settlement mechanism partner.

Fintech platform Pomelo today announces preparations to support the expansion of its Payment Platform as a Service (PPaaS) offering with a brand uplift and a wider regional presence in Asia and Europe.

Payment technology company Tribe Payments, today announced it is providing digital bank, Paytend, with both issuer and acquirer processing services.

Fasanara Capital – the London-based asset management and technology platform that has backed two of Europe’s fastest growing fintech unicorns – is announcing the launch of a $350m VC fund dedicated to finding the next-generation of global fintech and Web3 pioneers.