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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JP Morgan Chase hit with $348m in fines related to its trade surveillance programme

JP Morgan Chase has been fined a total of $348.2 million by US regulators, including the Office of the Comptroller of the Currency...

SaaScada selected to power payment products for UK EMI The Payment Firm

The Payment Firm, a UK-based e-money institution (EMI), has partnered with SaaScada to power its payment services for small and medium-sized enterprises (SMEs)...

Levenue snaps up MidFunder to broaden financing in Switzerland

Levenue, a Dutch revenue-based financing marketplace, has acquired MidFunder, a Zurich-based provider of non-dilutive capital for digital businesses, for an undisclosed sum. MidFunder's...

Digital Asset’s Canton Network completes first trial with global banking heavyweights

The Canton Network, developed by Digital Asset Holdings, recently concluded a four-day pilot aimed at testing interoperable distributed ledger applications (dApps) leveraging blockchain...

United Fintech reshuffles leadership in push to drive growth

Company: United Fintech, a UK-based global acquisition platform. Reshuffle: United Fintech has undergone a strategic management reshuffle to enhance customer-centric operations and foster...

State Bank of India taps Aurionpro for iCashpro+ solution

Partnership Announcement: State Bank of India (SBI) has entered into a six-year deal with fintech firm Aurionpro to implement its iCashpro+ solution. iCashpro+...

Anna Money acquires Aussie business spend management fintech GetCape

Acquisition Announcement: UK fintech Anna Money has acquired Australian business spend management platform GetCape (Cape) for an undisclosed sum. Strategic Move: This acquisition...

Lloyds Banking Group partners ApTap for bill management tool

Partnership Announcement: Lloyds Banking Group collaborates with UK fintech ApTap to offer bill management tools to Halifax and Lloyds Bank mortgage customers. Tool...

ICYMI fintech funding round-up: Tuum, DigiMaaya, Youverify, Trampay and more

D2X: Netherlands-based crypto derivatives exchange D2X raises $10 million in Series A funding led by Point72 Ventures. The company aims to increase the...
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