Banking

European Parliament Supports Digital Euro for Online and Offline Use

New measures aim to enhance the digital currency's accessibility and functionality.Highlights: European Parliament approves digital euro for online and offline use.New provisions aim to enhance accessibility for all users.Strategic...

Stripe Enhances Development Efficiency with AI Coding Minions

The fintech company introduces AI tools to streamline coding tasks.Highlights: Stripe is deploying AI 'coding minions' to improve...

Identity Fraudster Who Stole Over $1 Million Jailed for Four Years

The sentence marks a significant step in combating identity theft.Highlights: A man was sentenced to four years for...

US Senate Strengthens Penalties for ATM Theft Paralleling Bank Robbery

New legislation escalates legal repercussions for criminals targeting ATMs.Highlights: US Senate passes law equating ATM theft penalties with...

Levl Raises $7M to Strengthen Traditional Banking with Stablecoin Payments

Funding aims to enhance consumer choice and accessibility in finance.Highlights: Levl raises $7 million in funding.The focus is...
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Scottish challenger Alba Bank scales leadership team with two new appointments

Newly-licensed challenger Alba Bank appoints Robert Sharpe as Chairman and Andrew Lewis as Chief Risk Officer, enhancing its leadership team for SME lending. FactsAlba...

UK paytech PPRO promotes Motie Bring to CEO

UK-based digital payments infrastructure provider PPRO promotes Motie Bring, its current CCO, to CEO, effective 2 October 2023, succeeding Simon Black. FactsMotie Bring, the...

Geely Group buys out Saxo Bank stake in joint fintech venture

Denmark's Saxo Bank has completed the sale of its stake in Saxo Geely Tech Holding A/S (Saxo Fintech) to Geely Group, an automotive company...

Urban Angehrn steps down as CEO of FINMA

FINMA announces the departure of CEO Urban Angehrn, with Birgit Rutishauser set to become interim CEO as part of the leadership transition. FactsUrban Angehrn,...

ICYMI fintech funding round-up: GenTwo, Momnt, myZoi, Treyd, Firstcard & more

Fintech companies secure significant funding rounds to fuel expansion and innovation in various sectors, from securitisation to B2B payments and crypto payments. FactsGenTwo has...

UK challenger Zopa looks to accelerate growth with £75m funding

UK challenger bank Zopa has secured £75 million in Tier 2 capital to support its growth plans, bringing its total capital raised to £530...

US fintech Ampla secures $258m credit facility with Goldman Sachs and Atalaya

Ampla, a New York-based financial solutions provider, secures a $258 million credit facility from Goldman Sachs and Atalaya Capital Management, supporting its growth capital...

UK paytech Form3 names former NatWest exec Matt Tuck as new CCO

London-based paytech Form3 appoints Matt Tuck as its new Chief Commercial Officer (CCO) with over 35 years of financial services experience. FactsEffective from 11...

NatWest names Rick Haythornthwaite as new chair to succeed Sir Howard Davies

British business executive Richard 'Rick' Haythornthwaite appointed as the new chair of NatWest Group's board, succeeding Sir Howard Davies. FactsRichard Haythornthwaite to join the...
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