Banking
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
Indonesia’s Allo Bank taps Tencent Cloud to enhance digital banking services
Indonesia's largest digital banking platform, Allo Bank, has partnered with Tencent Cloud to enhance its digital banking services. Through the partnership, Allo Bank will...
Turkish fintech Papara acquires Spanish neobank Rebellion Pay
Turkish fintech Papara has acquired Rebellion Pay, a neobank based in Madrid, Spain, as part of its European expansion strategy. Papara aims to compete...
UK EMI The Payment Firm set to launch this summer
The Payment Firm, a new UK-based e-money institution (EMI), is preparing for its launch this summer. The company aims to provide user-focused payment solutions...
South Korea sets out measures to promote competition in banking sector
South Korea's financial authorities have introduced new measures to foster competition in the banking sector. The initiatives include allowing more banking players to enter...
Mbanq’s BaaS offering supports US debut of SME-focused Cheqly
Cheqly, a San Francisco-based fintech, has partnered with Mbanq's Banking-as-a-Service (BaaS) platform to launch its SME-focused digital banking services in the US. Cheqly offers...
Sella Group selects four startups for metaverse incubation programme
The Sella Group Venture Incubator, dpixel, has selected four startups for its "Metaverse 4 Finance" acceleration program. The startups come from the USA, United...
InsurTech Qover embeds with Monzo
Insurtech Qover has partnered with Monzo, the UK's largest digital bank, to offer a seamless and user-friendly travel insurance solution for Monzo Premium account...
E-money accounts outstrip bank current accounts in the UK
A report by Dsruptiv reveals that electronic money accounts in the UK have surpassed traditional bank current accounts, with over 250 licensed electronic money...
BIS names Maha El Dimachki as new head of Singapore innovation hub
Maha El Dimachki has been appointed as the new head of the BIS Innovation Hub Centre in Singapore by the Bank for International Settlements...

