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Today In Digital-First Banking: Sea Purchases Indonesian Bank BKE; PSCU Extends Partnership With Fiserv

PYMNTS

The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. MoMo reportedly intends to use the funds to bankroll plans to become a “super app” as well as to go public in 2025. Shares were reportedly bought from current investors PT Koin Investama Nusantara Ltd.

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Ireland Boosts FinTech Development Efforts

PYMNTS

As reported this past week, per Yahoo Finance , Ireland wants to see as many as 50,000 people employed directly within the country’s international financial services sector, with a target date of 2025. Separately, Ireland-based FinTech Prepaid Financial Services has been granted an eMoney license by the Central Bank of Ireland.

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The 2023 GonzoBanker Awards

Gonzobanker

The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. Merger of Equals Deal of the Year (Bank) – Burke & Herbert Financial Services Corp. and Summit Financial Group, Inc.

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