Banking

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 on integrating traditional banking with stablecoin payments.Funding aims to improve accessibility...

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...

NAB Strengthens Everyday Banking with Video Appointments

National Australia Bank introduces video appointments for convenient banking.Highlights: NAB launches video appointment feature for everyday banking.Customers can...

AI Fears Weigh on Wealth Management and Price Comparison Stocks

Investors express concerns over AI's impact on financial sectors.Highlights: Wealth management and price comparison stocks facing declines.Investor worries...
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US fintech Stash names Chien-Liang Chou as new CTO

Stash, the US-based investing and banking app, has appointed Chien-Liang Chou as its new chief technology officer (CTO). FactsChien-Liang Chou is Stash's new CTO,...

AI-powered conversational payments to launch on India’s UPI

RBI plans to introduce conversational payments to India's UPI, leveraging AI for secure transactions through voice commands, aiming to enhance financial inclusion. FactsRBI will...

Cynergy Bank lands £20m funding from British Business Investments

UK-based Cynergy Bank secures a £20 million Tier 2 capital facility from British Business Investments to accelerate its growth plans. FactsCynergy Bank has secured...

ICYMI fintech funding round-up: Communion, CityPay & more

Weekly funding round-up featuring notable fintech funding announcements. FactsCommunion, a new savings app founded by Daniel Hegarty, raised £2.5 million in pre-seed funding. Investors...

Peoples Bank taps Corserv to launch credit card programme

Ohio-based Peoples Bank has teamed up with Corserv to introduce a comprehensive credit card program, offering 14 different credit card products to business and...

Adyen shares tank following underwhelming H1 2023 results

Shares in Adyen have plummeted to a three-year low due to disappointing H1 2023 earnings, attributed to slower growth, increased competition, and hiring challenges. Facts...

SEC brings the hatchet down on Wall Street’s bad recordkeeping with $289m in fines

The US Securities and Exchange Commission (SEC) has fined 11 Wall Street firms a total of $289 million for widespread "off-channel" communications using personal...

DLocal appoints Pedro Arnt as co-CEO while rumours of the firm’s potential sale continue

DLocal, a payments firm in emerging markets, names Pedro Arnt as co-CEO amid rumors of a possible sale. FactsDLocal appoints Pedro Arnt as co-CEO...

Mastercard Strive India launches to help small businesses go digital

Mastercard has introduced the Mastercard Strive India program, targeting the digital transformation of 500,000 Indian small businesses by 2025, focusing on micro-enterprises, women-led businesses,...
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