Banking

PayPal Draws Takeover Interest Amid Market Changes

Bloomberg reports on potential acquisition speculations surrounding PayPal.Highlights: PayPal has caught the attention of potential buyers, according to Bloomberg.Increasing interest in fintech acquisitions amid market shifts.Market analysts speculate on...

Chase Accelerates Expansion with 160 New Branches by 2026

The banking giant aims to enhance accessibility for customers across the U.S.Highlights: Chase plans to open 160 new...

Figure Technologies Data Breach Affects Nearly One Million Accounts

Cybersecurity incident exposes sensitive information of Figure Technologies users.Highlights: Nearly one million accounts affected by Figure Technologies breach.Sensitive...

Engine by Starling Partners with SBS Bank to Strengthen New Zealand Banking

SBS Bank integrates Engine's technology to enhance digital services.Highlights: Engine by Starling partners with SBS Bank for digital...

JPMorgan Fined $12.18 Million for Risk Reporting Violations

ECB penalizes JPMorgan for serious lapses in risk reporting accuracy.Highlights: JPMorgan fined $12.18 million by the ECB.Penalties stem...
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Payrails Secures $32M to Expand Enterprise Payment Solutions

Berlin-based fintech Payrails raises $32 million in Series A funding to enhance its modular payment operating system for global enterprisesHighlights:Payrails raises $32 million...

Stablecoin Startup Noah Raises $22M to Revolutionize Global Payments

Noah secures $22 million in seed funding to build a stablecoin-native infrastructure, aiming to replace outdated payment systems like SWIFTHighlights:Noah raises $22 million...

Coinbase Unveils Bitcoin Rewards Credit Card in Partnership with American Express

Coinbase launches its first-ever credit card, offering up to 4% Bitcoin cashback for Coinbase One subscribersHighlights:Coinbase introduces the Coinbase One Card, a stainless-steel...

Klarna Partners with Nift to Elevate Customer Loyalty Through Personalized Gifting

Klarna teams up with AI-powered gifting platform Nift to surprise customers with tailored gifts, enhancing engagement and brand loyaltyHighlights:Klarna integrates Nift’s AI-powered gifting...

GrailPay Secures $6.7M to Enhance ACH Payment Security and Speed

Fintech startup GrailPay raises $6.7 million to modernize ACH transactions with predictive analytics and risk management toolsHighlights:GrailPay raises $6.7 million to expand its...

Crypto Nears Systemic Risk Tipping Point, Warns FSB Chair

Financial Stability Board Chair Klaas Knot cautions that crypto’s growing ties to traditional finance could push it into systemic risk territoryHighlights:FSB Chair Klaas...

Bank of England Leverages AI to Combat Real-Time Payment Fraud

Project Hertha demonstrates AI’s potential in detecting financial crime patterns within retail payment systems. Highlights:AI-Powered Detection: The Bank of England’s Project Hertha successfully identified...

Circle Shares Skyrocket on NYSE Debut, Signaling Strong Investor Confidence

Stablecoin issuer Circle sees a remarkable surge in stock price after its highly anticipated IPO on the New York Stock Exchange. Highlights:Massive Surge: Circle...

Meta Partners with Klarna for ‘Play Now, Pay Later’ VR Headset Offer

A new financing option makes Meta Quest 3 and Quest 3S more accessible to UK gamers Highlights:Flexible Payment Plan: UK customers can purchase Meta...
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