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 leads €36m Series B raise for Dutch start-up Eye Security

Netherlands-based cybersecurity start-up Eye Security has raised €36 million through a Series B funding round led by JP Morgan Growth Equity Partners. Bessemer...

UK fintech Unlimit secures new PSP licence to expand into Tanzania

UK-headquartered fintech Unlimit has received authorization as a payments service provider (PSP) by the Bank of Tanzania (BOT). Unlimit specializes in cross-border business...

Metrobank in the Philippines taps Temenos for its wealth management tech

Metropolitan Bank and Trust Company (Metrobank), based in the Philippines, has partnered with Swiss banking solutions vendor Temenos to implement its private wealth...

Bank Muamalat signs multi-year partnership with Google Cloud to boost digital transformation

Bank Muamalat of Malaysia is collaborating with Google Cloud to accelerate its digital transformation efforts and provide personalized and inclusive digital Islamic banking...

Nationwide Building Society selects Auriga to modernise ATM software infrastructure

Nationwide has chosen Auriga, an Italian omnichannel banking software and technology vendor, to modernize its self-service ATM channel. The building society plans to...

PPRO looks to boost growth with new €85m capital raise

PPRO, a UK-based paytech company, has successfully closed an €85 million ($93 million) funding round. The funding round involved a mix of new...

Mastercard pilots new Smart Subscriptions feature in the US powered by open banking

Mastercard, a global payments giant, has launched a new subscriptions management solution called Smart Subscriptions in the US. The solution is designed to...

France’s Request Finance acquires crypto accounting fintech Consola Finance

Request Finance, a French fintech start-up founded in 2020, specializes in providing a platform for Web3 companies and freelancers to manage cryptocurrency payments,...

Levenue snaps up MidFunder to broaden financing in Switzerland

Levenue, a Dutch revenue-based financing marketplace, is aiming to expand its operations in Switzerland by acquiring MidFunder, a Zurich-based provider of non-dilutive capital...
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