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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Razer Fintech and Razer Merchant Services rebranded to form standalone subsidiary Fiuu

Razer Fintech and Razer Merchant Services Rebranded as Fiuu:Rebranding Announcement:Gaming technology company Razer has revealed that its fintech arm, Razer Fintech, and...

Griffin receives full UK banking licence and $24m investment to spur growth

Griffin Granted Full UK Banking License:Regulatory Approval:Banking-as-a-Service (BaaS) provider Griffin has received approval from the UK’s financial regulators, the Financial Conduct Authority...

US neobank Oxygen switches focus from banking to health insurance in new strategy

Oxygen Temporarily Suspends Banking Services:Service Suspension and Account Closure:San Francisco-based digital banking platform Oxygen has "temporarily suspended" its banking services. The company...

Fiserv reportedly in the running to acquire Shift4 Payments

Fiserv and Amadeus IT Group Eyed for Shift4 Payments Acquisition:Shift4 Payments Potential Sale:Shift4 Payments, a Pennsylvania-based payment processing firm with a market...

Cotribute tapped by Clearwater Credit Union to streamline digital account opening and loan origination processes

Clearwater Credit Union Partners with Cotribute:Partnership Overview:Clearwater Credit Union, based in Montana, US, has chosen California-based fintech Cotribute to enhance its digital...

Qatar Central Bank to enable instant payments with new Fawran service

Qatar Central Bank's Fawran Instant Payment Service:Service Launch:Qatar Central Bank is set to launch its new instant payment service named Fawran in...

Egypt’s Alexbank partners Mastercard to advance payments strategy

Mastercard and Alexbank Partnership:Collaboration Overview:Egypt-based Alexbank has partnered with global payments giant Mastercard to enhance its payment solutions strategy.Technology Integration:Alexbank,...

UK fintech Ebury reportedly in talks with banks over potential 2025 LSE debut

Ebury Considering IPO in 2025:Listing Plans:UK-based fintech Ebury is reportedly in talks with several banks about initiating an initial public offering (IPO)...

US neobank Dave achieves profitability over Q4 2023

Dave Neobank Achieves First Quarterly Profit:Profitability Milestone:Los Angeles-based neobank Dave has achieved its first quarterly profit in Q4 2023, almost eight years...
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