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Serbia opens Israeli drone factory as defense ties with Elbit deepen

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The man who helped build Palo Alto’s Cortex is leaving the company

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“Our next milestone will be a billion-dollar valuation”: MIND triples valuation to $300 million with $72 million Series B

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How an Israeli engineer went from Rafael to iPhone Portrait Mode and a $300 million OpenAI exit

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Sayeret Matkal veterans raise $22 million to teach the world English with AI

Banking

20 stories about Banking

גיל קרני מנכ"ל בנק לאומי בריטניה

Tech and the Israel-U.K. Trade Corridor

21.11.19|Gil Karni

Gil Karni, CEO at Leumi UK, explains how increasing trade between the U.K. and Israel could provide both nations with an important advantage.

הבורסה לניירות ערך רחוב אחוזת בית תל אביב

Israeli Banks Leumi and Discount to Raise CoCos Outside of Israel

22.10.19|Golan Hazani

Both banks are looking to raise around $280 million over two years, according to two people familiar with the matter who spoke to Calcalist on condition of anonymity

מימין ממייסדי צ'קפוינט מריוס נכט ו אמנון שעשוע ממייסדי מובילאיי

Bank of Israel Greenlights Marius Nacht, Amnon Shashua’s Digital Bank

24.09.19|Hezi Sternlicht

After four decades with no new bank in Israel, the digital banking venture of two of Israel’s leading entrepreneurs is expected to be licensed

וול סטריט בורסה ניו יורק ירידות שערים nyse

Leumi's Digital Bank Launches Fractional Shares Investing Service

23.09.19|Hezi Sternlicht

The service will allow anyone over the age of 18 to invest in a limited range of multinationals like General Motors, FedEx, Facebook, Disney, and Amazon at a lower entry point

אדם נוימן 20.7.19 WeWork

WeWork’s IPO Backpaddling Leaves Israel’s Two Largest Banks at Risk

22.09.19|Golan Hazani and Sophie Shulman

The banking consortium that provided WeWork CEO Adam Neumann with a $500 million credit line and is now looking to revise the terms includes Israel’s Bank Leumi and Bank Hapoalim

בנק מזרחי-טפחות

Tech Mahindra to Set Up new VC Market Management System for Mizrahi-Tefahot

03.09.19|Raphael Kahan

The system will be used to manage the entire life cycle of trading in Israeli and non-Israeli securities

עופר קורן משנה למנכ"ל בנק הפועלים הפורש

Bank Hapoalim’s Chief Financial Officer Ofer Koren to Step Down

In July, the bank's board of directors chose outsider Dov Kotler as the new CEO over in-house candidates

מימין ממייסדי צ'קפוינט מריוס נכט ו אמנון שעשוע ממייסדי מובילאיי

Mobileye’s Amnon Shashua in Talks to Join Marius Nacht’s New Digital Banking Venture

11.08.19|Golan Hazani

Nacht, co-founder of cybersecurity company Check Point, submitted a request for a banking license and a business plan for establishing a digital bank in January

Fintech Startup Personetics Opens R&D Center in Nazareth

21.07.19|Meir Orbach

Among the companies that operate outposts in the area are Microsoft, Amdocs, and Salesforce

ארז יוסף משנה למנכ״ל בנק הפועלים ו COO

Bank Hapoalim Loses Deputy CEO-COO Week After New CEO Appointment

21.07.19|Raheli Bindman

On Monday, Israeli Bank Hapoalim announced the choice of outsider candidate Dov Kotler as its new CEO. Now Erez Yosef, who was also in the running as an in-house candidate, has announced his retirement

Fintech Company Curve Raises $55 Million at $250 Million Valuation

16.07.19|Meir Orbach

Co-founded in 2015 by Israel-born Shachar Bialick, Curve's service enables users to combine different credit cards into one card and app

אורי לוין בנק דיסקונט דוב קוטלר אינטו

One Is Home-Grown, the Other an Outsider: Discount and Hapoalim's New CEOs

16.07.19|Raheli Bindman

Uri Levin is set to enter Lilach Asher-Topilsky’s shoes as CEO of Israeli Bank Discount, and Dov Kotler will inherit Arik Pinto as CEO of Hapoalim. These are the challenges they will face

אורי לוין בנק דיסקונט

Israel’s Discount Bank Selects Uri Levin as New CEO

15.07.19|Micky Grunfeld

Lilach Asher-Topilsky, the bank's CEO since 2014, was one of three Israeli bank CEOs to announce her resignation in recent months

הוועידה הכלכלית הלאומית 2018 ערן יעקב בשיחה עם עמרי מילמן

In its Battle Against Tax Evaders, Israel Tax Authority Sets its Sights on Payment Apps

14.07.19|Raheli Bindmand

Israeli Banks Leumi, Hapoalim, and Discount all offer mobile payment apps; some small businesses have been using them to perform transactions under the radar

רקפת רוסק עמינח מנכלית בנק לאומי 14.8.18

Israel's Banking Ecosystem Is Experiencing Upheaval

01.07.19|Raheli Bindman

On Sunday, Israel’s Bank Leumi CEO and President Rakefet Russak-Aminoach announced her upcoming retirement, becoming the third Israeli bank CEO to do so since April

רקפת רוסק עמינח מנכלית בנק לאומי 14.8.18

Bank Leumi President and CEO to Retire After Seven Years

30.06.19|Raheli Bindman and Micky Grunfeld

Rakefet Russak-Aminoach is in talks to join Israeli cybersecurity think tank and startup foundry Team8 LLC., according to source

יבגניה קרמר KPMG סומך חייקין בשיחה עם רו"ח צוריאל תמם בנק ישראל כנס פינטק 2019

Innovation Is Not Just About Tech, but About Identifying Market Needs, Says Bank of Israel Exec

25.06.19|Naomi Zoref

Tzuriel Tamam, the bank's supervisor of credit data sharing, spoke Monday at a fintech conference held in Tel Aviv by Calcalist, Bank Leumi’s tech banking arm LeumiTech, and accounting firm KPMG

נעמה אופק ארד כנס פינטק 2019

A Fifth of Online Buyers Don't Complete Deals, Says Riskified Chief Operations Officer

25.06.19|Naomi Zoref

Naama Ofek-Arad spoke Monday at a fintech conference held in Tel Aviv by Calcalist, Bank Leumi’s tech banking arm LeumiTech, and accounting firm KPMG

ניר קלר מייסד CTO BlueVine כנס פינטק 2019

Investors Are Interested in Fintech, Says Bluevine Co-Founder and CTO

25.06.19|Tomer Hadar

Nir Klar spoke Monday at a fintech conference held in Tel Aviv by Calcalist, Bank Leumi’s tech banking arm LeumiTech, and accounting firm KPMG

מיטל רביב ראש מחלקת פינטק וחדשנות KPMG ישראל כנס פינטק 2019

Innovation in the Financial System Must Come From Within, Says KPMG Exec

24.06.19|Naomi Zoref

Meital Raviv, a managing director and head of fintech and innovation at KPMG Israel, spoke Monday at a fintech conference held in Tel Aviv by Calcalist, Bank Leumi’s tech banking arm LeumiTech, and accounting firm KPMG

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