Banking

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 and stock trading.The service aims to attract a broader range of...

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...

UK’s NS&I Bank Transformation Programme Criticized as Major Disaster

Report reveals significant failures in the digital banking upgrade project.Highlights: NS&I Bank under fire for its transformation programme...

Global Fintech Investment Rebounds in 2025 with Stronger Exit Activity

The fintech sector sees renewed investment trends fueled by increased exit opportunities.Highlights: Global fintech investment saw a significant...
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Westpac taps Dancerace to upgrade its invoice finance operations

Westpac Banking Corporation, an Australian banking giant, has announced a partnership with UK-based software company Dancerace to enhance its invoice finance operations. The...

OBL director Alan Ainsworth departs after six-year tenure

Alan Ainsworth has concluded his six-year tenure at the UK's Open Banking Ltd (OBL). OBL, formerly the Open Banking Implementation Entity (OBIE), was...

ID Finance lands $150m debt financing headed by i80 Group

Barcelona-based ID Finance has secured $150 million in debt financing from i80 Group to accelerate the growth of its Plazo app. ID Finance...

RBC’s US subsidiary City National Bank hit with $65m fine from OCC

The US Office of the Comptroller of the Currency (OCC) has imposed a $65 million fine on City National Bank, the US subsidiary...

Duco acquires intelligent document processing start-up Metamaze

Data automation firm Duco has acquired intelligent document processing (IDP) start-up Metamaze for an undisclosed sum. Metamaze, based in Antwerp, Belgium, operates an...

Entrust in exclusive talks to acquire ID verification solutions provider Onfido

Data security solution provider Entrust is in exclusive talks to acquire UK-based ID verification tech firm Onfido. The proposed deal aims to add...

Oregon State Credit Union partners Bankjoy for account opening and loan solutions

Oregon State Credit Union has partnered with US-based banking technology vendor Bankjoy for its online account opening solution to drive new member acquisition...

Puerto Rico’s Segura Bank taps Temenos to power new digital bank

Segura Bank International (SBI) in Puerto Rico has chosen Temenos' cloud-based core banking platform for its new digital bank targeting mid-to-high earners in...

India’s UPI launches in France through collaboration with Lyra Network

The National Payments Corporation of India (NPCI) has partnered with French payment services firm Lyra Network to introduce the Unified Payments Interface (UPI)...
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