Banking

Bridge, Owned by Stripe, Strengthens Approval for National Trust Bank

Stripe’s Bridge secures national approval to operate as a trust bank.Highlights: Bridge secures national approval to function as a trust bank.The approval signals expansion in financial services for Stripe.Bridge...

ECB Strengthens Framework Ahead of Planned Digital Euro Pilots

European Central Bank prepares for digital euro testing phase.Highlights: ECB announces enhancements to its regulatory framework.Planned pilots for...

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems.Highlights: Mastercard and Visa partner with banks for innovative...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

New alliance enhances transaction security amidst rising cyber threats.Highlights: Mastercard partners with Cloudflare for enhanced cyber security.Collaboration aims...

Gemini Stock Plummets as Three Top Executives Depart

Key leadership changes raise concerns over Gemini's future stability.Highlights: Gemini stock drops significantly after three executives resign.Executive departures...
spot_img

UK challenger Tandem appoints Suavek Zajac as new CTO

New CTO Appointment:Suavek Zajac, former Railsr head, was appointed as CTO of UK digital bank Tandem. Will oversee the development of Tandem’s...

Standard Chartered pilots carbon credit tokenisation in Hong Kong with Mastercard, Mox Bank and Libeara

Proof-of-Concept (PoC) Completion:Standard Chartered Bank in Hong Kong (SCBHK) completed a PoC in collaboration with Mastercard, Mox Bank, and government bond platform...

Commerce Bank goes live with instant payment service FedNow through Temenos Payments Hub

Commerce Bank Modernisation Strategy:Commerce Bank, headquartered in Kansas City, has gone live with the FedNow instant payments service. This is part of...

AI-powered regtech Cube acquires global regulatory intelligence enterprises from Thomson Reuters

Acquisition Announcement:Cube, a UK-based regtech firm, has acquired the Regulatory Intelligence and Oden products and businesses of Thomson Reuters. Terms of the...

French fintech Lydia launches digital banking app Sumeria

Company Overview:French fintech start-up Lydia. Originally launched in 2013 as a P2P payments app. Currently serves 8 million users in France, Spain,...

US fintech Yendo secures $165m in mix of debt financing and equity

Company Overview:Yendo is a US fintech offering the world’s "first-ever vehicle-secured" credit card. Launched in 2022 and based in Dallas, Texas.Funding...

South African fintech Lesaka snaps up Adumo in $86m deal

Acquisition Details:Lesaka Technologies, a South African fintech firm, has signed a definitive agreement to acquire fellow South Africa-based paytech Adumo. The deal...

Monzo secures additional $190m funding from new and existing investors

Funding Round Details:Monzo, the UK-based digital challenger bank, has secured an additional $190 million in its latest round of funding. The funding...

Sweden’s Mitigram names Pedram Tadayon as new CEO

New CEO Appointment:Swedish digital trade financing platform Mitigram has appointed Pedram Tadayon as its new CEO.Tadayon's Background:Tadayon brings over 25...
spot_img