Banking

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 sees a significant rise in digital transactions amid the pandemic.AI tools...

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...

UK’s NSI Bank Transformation Programme Faces Major Criticism

The transformation initiative is labeled a full-spectrum disaster by experts.Highlights: NSI Bank's transformation programme has drawn severe criticism.Experts...

Uptiq Secures $25 Million in Funding to Boost Bank AI Solutions

The funding aims to enhance Uptiq’s AI offerings for banking institutions.Highlights: Uptiq raises $25 million for AI enhancements.Funding...
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UK payments platform Thredd appoints Edwin Poot as new global CTO

Thredd Appoints Edwin Poot as Global CTO:Appointment at Thredd:Edwin Poot has been appointed as the new Global Chief Technology Officer (CTO) at...

Barclays welcomes back Steve Weston as head of everyday money management

Steve Weston Rejoins Barclays:Appointment:Steve Weston, founder of the now-defunct Aussie challenger Volt Bank, has been appointed as the new head of everyday...

Innovate Finance launches new council to further growth of UK fintech sector

Unicorn Council for UK Fintech (UCFT) Launch by Innovate Finance:Formation:Innovate Finance, an independent industry body, has launched the Unicorn Council for UK...

PayPal extends payment options for online SMEs with new solution

PayPal Launches Complete Payments for SMEs:New Offering:PayPal has introduced a new solution called "PayPal Complete Payments" targeting small and medium-sized enterprises (SMEs)....

GFT Technologies names Ian Oswald as new executive director

GFT Technologies Appointment: Ian OswaldPosition:Ian Oswald has been appointed as the new Executive Director of Strategy and Offerings at GFT Technologies.Responsibilities:...

Monzo’s valuation tops $5bn with $430m Alphabet-led funding round

Monzo Funding Round:Amount Raised:Monzo, the UK challenger bank, has secured $430 million in a recent funding round.Lead Investors:The funding round...

BaaS vendor Synctera lands additional $18.6m Series A cash injection

Synctera Funding and Expansion:Funding Boost:Synctera, a US-based Banking-as-a-Service (BaaS) platform, has secured an additional $18.6 million in funding. The funding round was...

Banking Technology Magazine March 2024 issue out now

The March edition of Banking Technology Magazine highlights various developments in the fintech industry:Avenue Bank's Unrestricted Banking License:Avenue Bank, a digital business...

CGS International in Singapore taps Broadridge for securities finance platform

CGS International, a Singapore-based financial services provider, has selected Broadridge's Securities Finance and Collateral Management (SFCM) platform to enhance its securities finance offering. ...
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