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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Banking Technology Magazine February 2024 issue out now

The February edition of Banking Technology Magazine discusses challenges in the banking and fintech industry in 2024. Mass layoff announcements were reported across...

Long-serving Barclays exec Matthew Haines leaves for Santander

Matthew Haines, former head of product and partnerships at Barclays, has left the bank after nearly two decades to join Santander UK as...

Twig enters liquidation, becoming latest UK fintech to shut down

UK circular economy fintech Twig, which secured $35 million in a Series A financing round two years ago, is entering liquidation. Insolve Plus...

ICYMI fintech funding round-up: Kafene, General Index, Mesh and Netcetera

New York-based fintech Kafene secures a $15 million growth capital commitment from Trinity Capital for its AI-powered lending platform. Kafene's technology claims to...

Mexican banking heavyweight Banorte taps SAP Fioneer to launch digital bank Bineo

Grupo Financiero Banorte (GFNorte) has partnered with German banking technology provider SAP Fioneer to launch its digital banking platform called Bineo in Mexico. ...

NatWest’s Mettle names Michelle Prance as new CEO

Michelle Prance is announced as the new CEO of Mettle, NatWest's digital-only bank for small businesses and the self-employed. Mettle, launched in 2018,...

Schroders Personal Wealth announces launch of new investment platform

Schroders Personal Wealth (SPW) is set to launch a new investment platform in the summer of 2024, marking a departure from its current...

Southern California Bancorp and California BanCorp trigger $233.6m “true merger of equals”

Southern California Bancorp and California BanCorp, the holding companies for Bank of Southern California and California Bank of Commerce, are initiating a "true...

Offa taps Finova to power new Sharia-compliant property lending platform

Sharia-compliant bridge finance provider, Offa, selects Finova and its Apprivo loan origination tech for a new digital lending platform. Offa, founded in 2019,...
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