Banking

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 stealing over $1 million.He committed identity fraud by using stolen personal...

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...

Aviva Investors Collaborates with Ripple to Tokenise Funds

Innovative partnership aims to enhance fund tokenisation strategies.Highlights: Aviva Investors to use Ripple's technology for fund tokenisation.The partnership...

Standard Chartered Strengthens Digital Asset Services with B2C2 Partnership

Moving forward in the digital asset landscape with strategic collaboration.Highlights: Standard Chartered partners with B2C2 to enhance digital...
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India’s Yes Bank draws on Zaggle to launch credit cards with spend management capabilities

Yes Bank and Zaggle are collaborating to launch a corporate credit card with spend management features in India, catering to the growing need for...

Metro Bank founder launches acceleration partner Archie for early-stage fintechs

Anthony Thomson and Steve Brennen are launching Archie, an acceleration partner for early-stage fintechs, aimed at Series A and B firms in Australia, the...

Trustly acquires French paytech SlimPay for a reported €70m

Swedish paytech Trustly has acquired French account-to-account payment fintech SlimPay for €70 million, aiming to enhance recurring payments and expand their reach in Europe...

BMO Commercial Bank taps Extend to launch corporate spend management app

BMO Financial Group is launching a co-branded app with Extend to offer virtual Mastercard-issued cards for its commercial banking clients, making expense management easier...

Maybank Investment Bank taps Broadridge for securities borrowing and lending offering

Maybank Investment Bank partners with Broadridge to launch a Shariah-compliant Securities Borrowing and Lending (SBL) platform, improving customer experience and cost management. FactsMalaysia's Maybank...

Goldman Sachs sells personal financial management business to Creative Planning

Goldman Sachs is selling its personal financial management (PFM) business to Creative Planning, a wealth management firm, in a move to serve more ultra-high-net-worth...

The Clearing House appoints Sheffali Welch as COO

Sheffali Welch was appointed as Chief Operating Officer (COO) of The Clearing House (TCH). FactsSheffali Welch, with over 20 years of banking and financial...

Vietnam joins regional payment connectivity initiative

State Bank of Vietnam (SBV) joins the Regional Payment Connectivity (RPC) initiative, expanding collaboration among ASEAN central banks for seamless cross-border payments. FactsThe RPC...

FSS launches payments technology platform BLAZE

Financial Software & Systems (FSS) has launched 'BLAZE,' an advanced payments technology platform designed for banks and financial institutions. BLAZE can process over 5,000...
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