Banking

BOFE Extends CHAPS Settlement Hours for Improved Efficiency

New settlement hours aim to enhance flexibility in transactions.Highlights: Bank of England extends CHAPS settlement hours from 2024.New schedule aims to enhance transaction efficiency.Initiative supports growing demand for flexible...

BNP Paribas Explores Public Blockchain for Money Market Fund Tokenisation

The bank investigates blockchain solutions for modernising fund investments.Highlights: BNP Paribas is investigating public blockchain for fund tokenisation.The...

Stripe and PayPal Boost India’s Xflow with New Investment

Leading fintech companies back Indian payment solutions startup Xflow.Highlights: Stripe and PayPal invest in Indian startup Xflow.The investment...

Agentic Commerce Drives New Wave of Disputes, Experts Warn

Industry leaders express concern over implications for payments and customer disputes.Highlights: Experts believe Agentic Commerce will increase consumer...

Experian Strengthens Services with Atdata Acquisition

The acquisition boosts Experian's email identity verification capabilities.Highlights: Experian has acquired Atdata, enhancing its email verification services.The deal...
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Keyo Appoints Rudy Dajie as New CEO in Leadership Transition

Biometric identity firm Keyo names Rudy Dajie as its new CEO, signaling a strategic leadership shift to accelerate innovation and global expansion. Highlights Leadership Change...

Zopa Acquires Rvvup to Strengthen Payments Capabilities in Fintech Expansion

The acquisition of Rvvup marks Zopa’s strategic move to enhance its payment solutions, diversifying beyond lending into broader fintech services. Highlights: Zopa acquires payment fintech...

Revolut Valuation Hits $75 Billion in Employee Share Sale

Fintech giant Revolut achieves a $75 billion valuation through its latest employee share sale, reinforcing its dominance among global challenger banks. Highlights: Revolut’s latest employee...

N26 Appoints Supervisory Board Chairman Marcus Mosen as Co-CEO

Digital bank N26 strengthens leadership team with Marcus Mosen stepping in as co-CEO to guide its growth and regulatory strategy. Highlights: N26 names supervisory board...

First Northern Credit Union Partners with Appli to Enhance Digital Member Services

The collaboration aims to modernize member engagement and streamline digital banking experiences through Appli’s fintech solutions. Highlights: First Northern Credit Union partners with fintech firm...

Michel Jacobs Appointed as New Chief Strategy Officer at CSI

CSI strengthens leadership team with the appointment of Michel Jacobs as Chief Strategy Officer to drive growth and innovation. Highlights: CSI has named Michel Jacobs...

Rain Raises $58M Series B to Expand Enterprise Stablecoin Platform

Rain secures $58 million in Series B funding to scale its enterprise-focused stablecoin solutions, aiming to drive adoption in global payments and financial infrastructure. Highlights:...

Tella Acquires Majority Stake in Newpark Home Loans to Expand Mortgage Lending Reach

The acquisition strengthens Tella’s position in the mortgage sector, enhancing its lending portfolio and customer base. Highlights: Strategic Acquisition: Tella secures a majority stake in...

Rain Raises $58M to Scale Enterprise Stablecoin Platform

Rain secures $58 million in new funding to expand its enterprise stablecoin platform, driving adoption of compliant digital payment solutions worldwide. Highlights: $58M Funding Secured...
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