FinTech
Less Than 25% of Banks Prepared for the AI Era – Key Findings
A Report Reveals the Digital Divide in the Banking Sector's AI ReadinessHighlights: Only 24% of banks feel prepared for the impact of artificial intelligence...
FinTech
Apex Acquires Majority Stake in Tokenisation Firm: A Strategic Expansion
Exploring the Implications of Apex's Investment in Digital Asset TokenisationHighlights: Apex has secured a majority stake in a leading tokenisation firm to enhance its...
FinTech
Revolut to Invest $1 Billion in France and Seek Banking License
A Bold Move to Expand Its European Presence and ServicesHighlights: Revolut plans to invest $1 billion in the French market.The company aims to apply...
FinTech
Finastra Sells Treasury and Capital Markets Business to Apax Partners
A Strategic Move to Focus on Core Banking Solutions and Growth OpportunitiesHighlights: Finastra is divesting its treasury and capital markets business.The acquisition by Apax...
FinTech
Bank of London Faces Regulatory Probe Amid Auditor Concerns
Digging Deeper into the Uncertainties Surrounding the Bank's FutureHighlights: The Bank of London is under investigation by regulatory authorities due to irregularities flagged by...
FinTech
Zopa Secures $80 Million in Capital to Propel Bank Account Launch
A Significant Investment Boosts Zopa's Ambitious Banking PlansHighlights: Zopa has raised $80 million in fresh capital to enhance its banking services.The investment positions Zopa...
FinTech
Monzo Introduces Innovative Tool for Undoing Payments
A New Feature Empowering Users to Manage Their Finances with EaseHighlights: Monzo's new tool allows users to conveniently reverse recent payments.The feature aims to...
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