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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Danske Bank looks to improve digital customer experience with Backbase

Danske Bank (Denmark):Danske Bank has implemented the Backbase Engagement Banking platform for an improved digital customer experience. The platform will be progressively...

ICYMI fintech funding round-up: KlariVis, Komunal, Maalexi, Cleva & CSI

KlariVis (US):KlariVis, a US-based data analytics solutions provider for community banks and credit unions, has raised $11 million in a Series B...

European fintech funding round-up: Unbox, Rivero, ProjectPay & Ryft

Unbox (Belgium):Belgium-based fintech Unbox has secured a €12 million Series A funding round led by HSBC Asset Management. Unbox, founded in 2020,...

Circle gears up for second attempt at IPO with new SEC filing

Circle's IPO Filing:Fintech firm Circle has confidentially filed with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO)....

ClearBank names Paul Staples as new group head of embedded banking

New Appointments at ClearBank:ClearBank, the UK-based clearing and embedded banking platform, has appointed Paul Staples as its new Group Head of Embedded...

Bill Crager to step down as CEO of Envestnet

Envestnet Leadership Transition:CEO Departure: Bill Crager, co-founder of Envestnet, is stepping down from his role as CEO, effective March 31, 2024. Transition to...

UK fintech Chetwood Financial appoints Julian Hynd as new COO

Chetwood Financial Appoints Julian Hynd as COO:Appointment: Chetwood Financial, a UK challenger bank, has appointed Julian Hynd as its Chief Operations Officer (COO)...

UK fintech funding fell 63% in 2023, new Tracxn report finds

Funding Decline: Fintech funding in the UK experienced a significant decline for the second consecutive year, dropping by 63% in 2023. The total...

Thunes makes leadership changes, appoints Floris de Kort as new CEO

Leadership Changes:B2B cross-border paytech company Thunes has announced leadership changes with the promotion of current CEO Peter De Kaluwe to deputy chairman...
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