Banking

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 payment pilots.New pilot programs aim to improve agentic payment technologies.Collaborations expected...

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...

Emirates NBD Leads $31 Million Round in Real Estate Investment Platform

Emirates NBD funds real estate platform for enhanced investment opportunities.Highlights: Emirates NBD leads a $31 million funding round.Investment...
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Ireland’s Corlytics snaps up Deloitte UK regtech platform

Acquisition by Corlytics: Corlytics, an Irish regulatory intelligence and policy compliance technology firm, has acquired an undisclosed digital regtech platform from Deloitte UK. ...

FINRA fines SoFi $1.1m after consumer identification flaws led to multi-million dollar heist

Fine Imposed on SoFi by FINRA: SoFi, an online lending platform, has been fined $1.1 million by the Financial Industry Regulatory Authority (FINRA)...

Moneythor names former Temenos head Martin Frick as new CEO

Leadership Transition at Moneythor: Moneythor, a Singapore-based fintech, has appointed Martin Frick as its new CEO and transitioned co-founder Olivier Berthier to the...

Mambu to power Canada’s Brunswick Credit Union amid MV Solar UK launch

Brunswick Credit Union Transition: Brunswick Credit Union is transitioning to the Mambu cloud banking platform ahead of the end of life of its...

Monese and coreless banking subsidiary XYB secure fresh funding ahead of separation

Funding Secured: Monese and its Platform-as-a-Service (PaaS) subsidiary XYB have secured fresh funding. Amount and Investors: The exact amount raised and the identity...

Nottingham Building Society taps Nova Credit to expand mortgage range

Partnership Overview: Nottingham Building Society, also known as The Nottingham, has partnered with California-based credit infrastructure and analytics firm Nova Credit. Objective: The...

Libro Credit Union to transition to nCino’s cloud banking platform

Partnership Overview: Libro Credit Union in Canada is transitioning its multiple legacy systems and lending operations onto nCino’s cloud banking platform. Libro's Profile:...

JP Morgan Chase to pay additional $100m penalty to US regulator over trade surveillance data gaps

Additional $100 Million Penalty: JP Morgan Chase is set to pay an additional $100 million penalty to an unnamed US regulator over alleged...

Globacap hires WealthKernel’s Brian Schwieger as new chairman

Appointment of Brian Schwieger as Chairman: Globacap, a private capital platform, has appointed Brian Schwieger, an industry veteran, as its new Chairman. Expectations:...
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