Banking

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 rebound in 2025.Strong exit activity is driving growth in the sector.Investors...

Quantum Attack Risks Trillions in Costs to US Economy, Warns Citi

Citi highlights the potential financial threat posed by quantum computing advancements.Highlights: Citi warns of potential trillions in costs...

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...

Bank of Ireland Reduces Fraud Losses by $97 Million Using AI Technology

Advanced AI systems help detect fraudulent card transactions effectively.Highlights: Bank of Ireland saved $97 million by preventing fraud...
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India’s DMI Group snaps up BNPL fintech ZestMoney

ZestMoney Acquisition by DMI Group:Indian BNPL start-up ZestMoney acquired by DMI Group in a fire sale. Deal grants DMI Group brand rights...

NPCI teams up with Google Pay to expand UPI beyond India

Partnership: Google Pay India and NPCI's international payments subsidiary sign MoU for UPI expansion. Objectives: Three main goals include enabling global travelers to use UPI,...

ICYMI fintech funding round-up: Prometeo, Zeal, Detected and Finbridge Global

Prometeo's $13M Series A Funding:Uruguay-based start-up Prometeo secures $13 million in a Series A funding round led by Antler Elevate. New investors...

Business spend management platform Payhawk lands UK EMI licence

Payhawk, a business spend management platform, has obtained an Electronic Money Institution (EMI) license from the UK's Financial Conduct Authority (FCA). The Bulgarian...

LatAm fintech Pomelo secures $40m Series B led by Kaszek

Funding News: Pomelo, a Latin American fintech start-up, secures $40 million in Series B funding. Investors and Leadership: Series B round led by...

India’s CSB Bank taps Oracle for Flexcube core

CSB Bank, headquartered in Thrissur, India, partners with Oracle for its core banking system Flexcube. The collaboration involves integrating Oracle's core banking, payments,...

US private equity firm WCAS buys majority stake in EquiLend

WCAS, a New York-based private equity firm, has acquired a majority stake in EquiLend, a securities lending platform. EquiLend anticipates the deal's completion...

Danske Bank adopts Broadridge’s Tbricks for multi-asset trading and market making

Danske Bank Chooses Broadridge's Tbricks Solution:Denmark's Danske Bank selects Broadridge’s Tbricks solution for multi-asset trading, pricing, and position management. Broadridge acquired Tbricks...

Gigs appoints Adyen alumni Steven van Bommel as head of finance

Gigs, a telecom-as-a-service platform, has appointed Steven van Bommel, former Adyen head of strategic finance, as its new head of finance. Van Bommel's...
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