Banking

Westpac Strengthens Workforce Efficiency with Microsoft Copilot

The bank launches AI-driven tool to enhance productivity for employees worldwide.Highlights: Westpac introduces Microsoft Copilot to its global workforce.The AI tool aims to boost employee productivity across the bank.This...

Barclays US Consumer Bank Strengthens Operations with Call Centre GenAI

Improvements in efficiency noted through AI-driven customer service solutions.Highlights: Barclays US Consumer Bank reports substantial gains from GenAI...

FCA Sues Crypto Exchange HTX Over Illegal Promotions

Regulatory action targets HTX for unauthorized promotional activities.Highlights: FCA files lawsuit against HTX for illegal promotions.HTX accused of...

Betterment Data Breach Exposes 1.4 Million Accounts

Customers urged to monitor accounts following the breach incident.Highlights: Betterment reports a data breach affecting 1.4 million customer...

Amazon Launches Pay by Bank Feature in the UK

New payment method aims to enhance shopping convenience for customers.Highlights: Amazon launches Pay by Bank in the UK.Feature...
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The Philippines’ UnionBank taps NCR to manage its ATMs

UnionBank of the Philippines, the country's ninth-largest bank, partners with NCR Corporation to adopt their ATM-as-a-Service solution, aiming to enhance self-service banking for its...

Wealthtech GBST strengthens cloud portfolio with Advice Intelligence acquisition

GBST, a wealthtech firm, has acquired Advice Intelligence, an Australian cloud-based financial management software company, to enhance digital and hybrid advice services in the...

Trintech snaps up Fiserv’s financial reconciliation business

Trintech, a Texas-based financial close software provider, has acquired Fiserv's financial reconciliation business, including two reconciliation solutions, Frontier Reconciliation and Accurate Reconciliation. The acquisition...

BlackRock and Jio Financial Services to launch joint asset management venture in India

US asset management firm BlackRock and Jio Financial Services (JFS) are forming a 50:50 joint venture, Jio BlackRock, with an initial investment of $150...

Germany’s N26 appoints new chief risk officer, Carina Kozole

German digital bank N26 appoints Carina Kozole as its new Chief Risk Officer (CRO) and Managing Director of N26 AG, with extensive experience in...

Episode Six names former HSBC exec as new chief revenue officer

Former HSBC executive Brian Muse-McKenney has been appointed as Episode Six's chief revenue officer (CRO) to expand the US payment technology provider's global presence,...

US earned wage access start-up Immediate bags fresh funding, expands credit facility

Alabama-based fintech start-up Immediate, which provides an earned wage access solution to enhance employees' financial wellness and break cycles of debt, has secured $16...

Settle secures $145m credit facility from Silicon Valley Bank

San Francisco-based Settle, a cashflow management platform for e-commerce and consumer brands, has secured a credit facility of up to $145 million from Silicon...

UBS to pay $388m in fines relating to Credit Suisse’s doomed dealings with Archegos

Credit Suisse and UBS Group AG will pay fines totaling $388 million due to Credit Suisse's risk management failures related to its dealings with...
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