Banking

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 breaching financial promotion rules.The action reflects increasing scrutiny of crypto exchanges....

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...

FCA Appoints KPMG to Strengthen Open Banking Consensus

U.K. regulator seeks expert guidance to shape future of open banking.Highlights: FCA appoints KPMG to aid open banking...

Nationwide Boosts Digital Signing for Mortgage Deeds

First lender to enable full online signing of mortgage documents.Highlights: Nationwide allows full digital signing of mortgage deeds.This...
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Mexico’s BanCoppel taps Temenos for core banking overhaul

Mexican bank BanCoppel, part of Grupo Coppel, has chosen Temenos to implement its core banking platform, aiming to enhance its operations and provide a...

Norway’s SPK selects Mambu and Knowit to support its upcoming housing loan solution

The Norwegian Public Service Pension Fund (SPK) has partnered with Mambu and Knowit to modernize its housing loan solution. The collaboration aims to develop...

Solaris raises €38m in funding to strengthen governance and compliance

European embedded finance platform Solaris has raised €38 million in Series F funding to strengthen its governance and compliance. The funding will support the...

Apple eyes credit card launch in India as partnership with Goldman may be nearing its end

Apple is reportedly in talks with HDFC Bank and Indian regulators to launch a credit card in India. Meanwhile, Goldman Sachs is considering ending...

Citi launches new digital commercial banking platform

Citi Commercial Bank (CCB) has launched a new digital commercial banking platform called CitiDirect Commercial Banking, which offers a consolidated view of global products...

James Dixon named as new Allied Payment Network CISO

Allied Payment Network, a US-based payment solutions provider, has appointed James Dixon as its new Chief Information Security Officer (CISO). Dixon brings over 25...

China imposes hefty fines on Ant Group and Tencent as it looks to normalise supervision

China's central bank, the People's Bank of China (PBOC), has imposed hefty fines on Ant Group and Tencent, along with other fintech companies, as...

Egypt Post meets SME financing capabilities with Qardy partnership

Egypt Post has partnered with online aggregator marketplace Qardy to provide SMEs in Egypt with better access to financing opportunities. This collaboration aims to...

Tarabut Gateway names Tariq Sanad as new CFO

Dubai-based open banking platform Tarabut Gateway has appointed Tariq Sanad as its new Chief Financial Officer (CFO). Sanad brings over 20 years of experience...
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