Banking

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns.Highlights: Financial regulators unite to control finfluencers' market impact.Concerns over misinformation and manipulation in finance grow.New collaborative measures aim to...

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...

UK Government Strengthens Talks with Anthropic for Mythos Release Amid Concerns

Anthropic's AI technology under scrutiny as UK seeks to enhance regulatory framework.Highlights: UK government engages Anthropic for AI...
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CaixaBank launches FXWallets service for international payments

Spain's CaixaBank has launched FXWallets, a virtual account service that enables companies to send and receive international payments in over 50 currency pairs. It...

Over 150 senior-level executives set to join FinTech Futures’ 40th Anniversary Summer Party

FinTech Futures is hosting its 40th Anniversary Summer Party, bringing together over 150 senior-level executives from prominent banking and fintech companies. The event will...

Robinhood reportedly laying off 7% of staff in fresh round of job cuts

US stock trading app Robinhood is reportedly laying off around 150 staff, which accounts for 7% of its full-time employees. This marks the third...

Sardine forms industry consortium to help tackle payment fraud

Fraud detection and risk management platform Sardine has formed SardineX, an industry consortium, with the aim of curbing the rise in payment fraud. The...

State Employees Credit Union taps Apiture for digital banking upgrade

New Mexico-based State Employees Credit Union (State ECU) has chosen Apiture, a digital banking solutions provider, to enhance its online and mobile banking services....

One Trading, formerly Bitpanda Pro, bags €30m funding

One Trading, formerly known as Bitpanda Pro, has raised €30 million in funding and achieved full independence from Bitpanda. Led by ex-JP Morgan executive...

European Commission proposes new measures to modernise payments

The European Commission has proposed new measures to modernize payment services in Europe, including upgrading the Payment Services Directive (PSD2) to PSD3 and enhancing...

Google Cloud launches AI-powered AML tech

Google Cloud has developed an AI-powered technology to assist global financial institutions in detecting money laundering more effectively. The solution utilizes machine learning-generated customer...

TreasurySpring raises $29m

London-based investment platform TreasurySpring has raised $29 million in a Series B funding round led by Balderton Capital. The platform allows firms to maximize...
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