Banking

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 over payment processing reliance on US companies.Financial institutions aim to increase...

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...

NatWest Highlights AI Benefits for Customers Amid Digital Shift

The bank reports improved services through enhanced AI technology.Highlights: NatWest reports AI implementation has enhanced customer experiences.The bank...

Lloyds Investigates Use of Staff Bank Data During Pay Talks

The bank is reviewing data usage amid negotiations with staff over pay.Highlights: Lloyds Banking Group is reviewing data...

X to Launch Crypto and Stock Trading, Expanding Investment Options

X's new platform aims to integrate cryptocurrency and stock trading.Highlights: X will launch a new platform for crypto...
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IndusInd Bank partners Tappy Technologies and Thales to launch tokenisation solution for wearable payments

IndusInd Bank, a major Indian banking institution, has collaborated with Canadian paytech Tappy Technologies and French IT firm Thales to introduce India's first...

Germany’s Solaris bags €96m in Series F funding round

Solaris, a Berlin-based Banking-as-a-Service (BaaS) fintech, has raised €96 million in a Series F funding round led by SBI Group and previous investors. ...

US-based Central Bank taps TCS for core banking upgrade

Regional Bank Central Bank, based in Missouri, USA, is modernizing its core technology infrastructure. It has partnered with Tata Consultancy Services (TCS) to...

Integrated Finance partners KYP for data intelligence and risk monitoring tech

Integrated Finance, a financial infrastructure firm, has partnered with risk monitoring and data intelligence platform KYP to enhance its onboarding and cybersecurity capabilities. ...

Nuvei evaluating bids for potential buyout with Advent reportedly leading the race

Nuvei, a Canadian payments processor headquartered in Montreal, has formed a special committee to evaluate potential buyout deals proposed by third parties that...

Mobility fintech Moove secures $100m Series B funding

Nigerian mobility fintech Moove has raised $100 million in a Series B funding round, led by participation from Uber and Abu Dhabi sovereign...

US start-up Frich Money enters pilot partnership with MSU Federal Credit Union

Frich Money, a US-based social finance app targeting younger members, has initiated a pilot partnership with Michigan State University Federal Credit Union (MSUFCU). ...

April taps Dutch fintech Ohpen to power its UK mortgage offering

April Mortgages, a fixed-rate mortgage provider, has teamed up with Dutch core banking technology firm Ohpen to enhance its lending operations in the...

Copper State Credit Union selects Jack Henry as new enterprise technology provider

Copper State Credit Union (CSCU) has chosen Jack Henry as its new enterprise technology provider to consolidate its tech infrastructure. Formed in 2020...
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