Banking

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 a digital euro set to begin soon.New framework aims to address...

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...

UK Banks Seek Alternatives to Visa and Mastercard Amid Concerns

Financial institutions explore options for payment processing independence.Highlights: UK banks are seeking alternatives to Visa and Mastercard.Concerns arise...
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Ecology Building Society set for 2025 core banking overhaul with Monument Technology

Partnership Overview:UK-based mutual Ecology Building Society has partnered with Monument Technology, a technology division of domestic challenger bank Monument, for a significant...

Equals Money to power Chorus TM’s new financial management platform for the music industry

Equals Money to Power Chorus TM:Equals Money, a subsidiary of UK-based paytech Equals Group, has been selected to power Chorus TM, a...

UK lender Abound secures £800m in mix of equity and debt financing

Abound's Financing Round:UK-based credit technology firm Abound has secured a new financing round consisting of both equity and debt financing, potentially extending...

WaFd Bank to deploy Fiserv’s CashFlow Central for small business customers

WaFd Bank Partners with Fiserv:US-based WaFd Bank has collaborated with Fiserv to deploy a new digital payment and cash flow management solution...

CFPB fines Chime $3.25m for customer refund delays

Chime Fined by CFPB:US fintech Chime has been fined $3.25 million by the Consumer Financial Protection Bureau (CFPB) for delays in issuing...

Former Bank of America MD Mieko Shibata named new R&T Deposit Solutions CIO

R&T Deposit Solutions, a US-based provider of cash management and deposit placement programs, has named Mieko Shibata as its new Executive Vice...

Basware acquires invoice management and statement reconciliation platform AP Matching

Finnish fintech Basware is acquiring AP Matching, a UK-based provider of invoice management and statement reconciliation solutions. The financial terms of the...

ICYMI fintech funding round-up: Fundcraft, Volta, Swypex, SAVR and more

Fundcraft:Raised €5 million in Series A funding round. Led by Swiss VC Aperture Capital with support from SIX Fintech Ventures and other...

NAB partners UK fintech Banked to boost merchant adoption of A2A payment solutions

Partnership Objective: National Australia Bank (NAB) collaborates with UK-based fintech firm Banked to enhance the adoption of account-to-account (A2A) payment solutions among Australian...
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