Banking

Taurus and Blockdaemon Strengthen Staking in Institutional Banking

New partnership enhances crypto staking options for financial institutions.Highlights: Taurus and Blockdaemon announce a partnership for crypto staking.The collaboration aims to enhance services for institutional banks.This move responds to...

Digital Savings Platform Tembo Raises $16 Million to Expand Services

Funding will support growth and enhance service offerings for customers.Highlights: Tembo raises $16 million in funding.Focus on enhancing...

HSBC Secures Government Tender for Digital Gilts Pilot

HSBC will lead a pilot program for government digital bonds.Highlights: HSBC won a government tender for a digital...

Bretton AI Secures $7.5 Million to Strengthen Financial Compliance Solutions

Funding aims to enhance AI-driven compliance technology for financial institutions.Highlights: Bretton AI raised $7.5 million in funding.Investment focuses...

Grab Strengthens Portfolio with Stash Acquisition

The acquisition enhances Grab's financial service offerings in the U.S.Highlights: Grab acquires the U.S. investing app Stash.The deal...
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Singapore’s Grab pulls the plug on investment services citing non-viability

Singapore's super-app Grab is discontinuing its retail investment products, GrabInvest, as they are considered financially unviable. FactsGrab is winding down its retail investment products,...

Bahrain’s Bank ABC taps JP Morgan for blockchain-based cross-border payment service

Bahrain-based Bank ABC is partnering with JP Morgan and the Central Bank of Bahrain (CBB) to introduce a blockchain-based cross-border payment service, aiming to...

Mercedes-Benz drives in-car fuel payments through new Mastercard partnership

Mercedes-Benz has partnered with Mastercard to allow customers in Germany to pay for fuel directly from their cars, offering a convenient in-car payment solution. Facts...

Fairer Finance appoints Tim Hogg as director to strengthen Consumer Duty expertise

Fairer Finance, a London-based research and ratings agency, appoints Tim Hogg as director to bolster its expertise in the UK's Consumer Duty and enhance...

Santander reorganises structure to streamline operations

Santander's CEO, Hector Grisi, is implementing a major restructuring to enhance operational efficiency and profitability, dividing the bank into five core segments and creating...

Akber Jaffer named as SmartStream’s new CEO

SmartStream, a UK-based financial transaction lifecycle management solutions provider, has named Akber Jaffer as its new CEO, starting from September 19. FactsAkber Jaffer is...

Solaris reportedly struggling to raise funds to fulfil a major credit card deal – FT

Cookies Preference Center allows you to manage your website cookie preferences, impacting your online experience. FactsWhen you visit a website, it may use cookies...

Lithuanian credit union group Kreda taps Amlyze for AML and compliance services

Kreda has chosen Lithuanian regtech company Amlyze as its preferred provider of anti-money laundering and compliance services, aiming to modernize its compliance standards. FactsKreda,...

MoneyMasters goes live with Profile Software’s Axia Suite for digital wealth management

Jamaican asset management firm MoneyMasters has replaced its in-house wealth management tools with Profile Software's Axia Suite, aiming to enhance its digital offerings and...
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