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 challenger OneBanx appoints Javed Anjum as new CEO

Javed Anjum has been appointed as the new CEO of UK-based challenger OneBanx. Anjum, who was previously a board member at OneBanx and...

Banking veteran Marc Page hired by Metro Bank as CFO

Metro Bank has appointed Marc Page, formerly of Barclays, as its new Chief Financial Officer (CFO), effective from 2 September. Page, who has...

Indonesian fintech start-up Wagely lands $23m in mix of equity and debt financing

Wagely, a financial wellness app based in Indonesia, has secured $23 million in a funding round comprising both equity and debt financing. The...

Lloyds Bank backs new £62m community development fund

Lloyds Banking Group is leading a £62 million investment in the Community Investment Enterprise Fund (CIEF), which aims to support small businesses in...

Deel acquires Africa-based payroll company PaySpace

HR solutions fintech Deel has acquired payroll and HR company PaySpace for an undisclosed amount. PaySpace, founded in 2002 and based in South...

Mexico’s Ziff acquires digital lending start-up Arrenda

Mexico-based fintech Ziff has completed the acquisition of digital lending start-up Arrenda for an undisclosed sum. Through this deal, Ziff gains control of...

Online pension provider PensionBee announces US expansion plan

UK-based online pension provider PensionBee is set to expand into the US market through an exclusive, non-binding term sheet with an unnamed US...

Avenue Bank lands full banking licence from Australian Prudential Regulation Authority

Avenue Bank, a digital business bank based in Sydney, Australia, has received an unrestricted banking license from the Australian Prudential Regulation Authority (APRA). ...

Real-time payments platform Volt lands UK EMI licence from FCA

UK-based paytech Volt has been granted an Electronic Money Institution (EMI) licence by the Financial Conduct Authority (FCA), adding to its existing European...
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