Banking

Top Cybersecurity Incidents of 2025: Key Lessons for the Fintech Industry

Exploring major cybersecurity breaches and their implications for fintech.Highlights: Overview of significant cybersecurity breaches in 2025.Key lessons learned for fintech companies.Impact of data breaches on customer trust.Trends in cyber...

Citigroup Exits Russia with $12 Billion Loss in Operations Sale

A significant move in Citigroup's strategy amidst geopolitical tensions.Highlights: Citigroup announces the sale of its remaining operations in...

Key Fintech Trends to Watch in 2025: Innovations and Opportunities

Discover the major fintech developments shaping the industry in 2025.Highlights: Growing adoption of AI technology in financial services.Increased...

Lloyds to Cease Invoice Financing Services According to FT Reports

A significant shift in Lloyds' financial services strategy amid changing market conditions.Highlights: Lloyds Bank plans to shut its...

Wandhöfer Leads Open Finance Initiative in the UK

A new chapter in the UK's financial landscape with open finance strategies.Highlights: Wandhöfer appointed to lead UK open...
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Valley Bank CIO Stuart Cook leaves to join start-up True Digital Network as CEO

Stuart Cook Transition:Stuart Cook, former Chief Innovation Officer (CIO) of Valley National Bank, has left after 11 months. He has taken on...

Eurosystem eyes up alternative payment solutions in latest retail payments strategy update

Eurosystem's Retail Payments Strategy UpdatePriorities:Digital euro development Instant payments Cross-border paymentsObjectives of Retail Payments StrategyDevelop pan-European solutions for point-of-interaction...

Italian competition authority interrupts migration of 2.4m Intesa Sanpaolo accounts to Isybank

Interruption by AGCM: The Italian competition authority (AGCM) halts Intesa Sanpaolo's plan to migrate 2.4 million customer accounts to Isybank. Express Approval Required:...

UK fintech Plum signs strategic partnership with Greece’s Eurobank, lands €10m investment

Plum, a UK-based smart money app, forms a strategic partnership with Eurobank. Eurobank invests €10 million in Plum, with an initial €5 million...

AI-backed Aussie risk decisioning firm Rich Data Co raises $17.5m Series B

Rich Data Co (RDC) secures $17.5 million in Series B funding round. Plans for North American expansion fueled by the investment. Westpac and...

SoFi set to end crypto services, taps Blockchain.com as “strategic crypto partner”

SoFi Ends Crypto Services:SoFi announces the termination of its crypto services on 19 December. Users can either close their crypto accounts or...
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