Banking

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 aims to improve cryptocurrency trading services.This move strengthens Boerse Stuttgart's position...

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...

SoftBank’s PayPay Accelerates US IPO Filing Process

Japan's popular payment platform PayPay prepares for its initial public offering.Highlights: PayPay files for an initial public offering...

Stripe Tightens Valuation, No Rush to Go Public

Stripe aims for a $140 billion valuation but delays going public.Highlights: Stripe targets a valuation increase to $140...

Stripe Plans to Strengthen Valuation Ahead of IPO

The payment processing giant targets a valuation of $140 billion before going public.Highlights: Stripe targets a $140 billion...
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Morgan Stanley appoints Ted Pick as new CEO

Morgan Stanley has appointed its current co-president, Edward (Ted) Pick, as the new CEO and a member of its board of directors, effective...

US fintech start-up Aleph emerges from stealth with $16.7m funding

Aleph, a fintech startup based in New York, has emerged from stealth mode with $16.7 million in funding. The funding round was led...

FinTech Futures triumphs as best digital media platform at Fintech B2B Marketing Global Awards

FinTech Futures has won the Best Innovative Integrated Digital Media Platform Award at the FinTech B2B Marketing Global Awards. The award recognizes FinTech...

UK’s FCA places partner onboarding restrictions on embedded payments platform Modulr

Modulr, a London-based electronic money institution (EMI), has been subjected to partner onboarding restrictions by the Financial Conduct Authority (FCA). As an EMI,...

ClearBank designates Jonny Fry as digital assets strategy lead

ClearBank, a UK-based clearing and embedded banking platform, has appointed Jonny Fry as the head of its digital assets strategy. Jonny Fry's role...

Liberum Wealth goes live with Profile’s Axia Custody solution

Liberum Wealth, a subsidiary of Liberum Capital in London, has chosen Profile Software's Axia Custody for its investment management needs. The Guernsey-based subsidiary...

US Bank subsidiary Elavon lands UK banking authorisation

Elavon Financial Services DAC, a subsidiary of US Bank, has obtained authorization from the Bank of England as a licensed provider of financial...

Colombia’s Nequi taps TerraPay for international remittances

Nequi, a mobile banking app from Bancolombia, has partnered with the UK-based payments infrastructure company TerraPay to expand its remittance network for customers...

National Australia Bank partners Greener to reduce small business climate emissions

National Australia Bank (NAB) has partnered with the start-up Greener to offer its small business customers access to Greener for Business, a digital...
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