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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Pakistan BNPL firm QistBazaar scores Bank Alfalah investment

Pakistan-based Buy Now Pay Later (BNPL) fintech QistBazaar has secured a significant equity and Shariah-Compliant embedded finance partnership with Bank Alfalah, one of Pakistan's...

Paydora Finance unveils white label banking platform

Paydora Finance, a joint venture between Dock Financial and three founders, has unveiled a white-label banking platform that allows European companies to offer their...

Sagicor Bank Barbados goes live with Mbanq BaaS platform

Sagicor Bank Barbados, the first fully digital bank in the English-speaking Caribbean, has launched its services in Barbados with the assistance of Mbanq, a...

Bankjoy and Larky expand partnership to boost account holder engagement

Larky and Bankjoy have expanded their partnership to provide all Bankjoy clients with the benefits of Larky's nudge platform. This collaboration aims to enhance...

Konsentus taps Jim Wadsworth to lead international open banking expansion

Konsentus, an open banking firm, has appointed Jim Wadsworth, an open banking expert, to lead its expansion into international markets. Wadsworth's extensive experience in...

TD Bank nixes First Horizon merger citing regulatory approval delays

Toronto-Dominion Bank (TD Bank) and First Horizon have terminated their proposed $13.4 billion merger due to regulatory approval delays. TD Bank will pay $200...

First Citizens Bank of Iowa and Minnesota moves to the cloud with Finastra

First Citizens Bank of Iowa and Minnesota has extended its partnership with Finastra and migrated its Fusion Phoenix core solution to the cloud, aiming...

Egypt’s Taly taps BPC to power digital payment services

Egyptian start-up Taly has partnered with BPC to use its SmartVista platform to provide digital payment solutions to banks, fintechs, corporates, merchants, and consumers...

Morgan Stanley reportedly set to cut 3,000 jobs by end of Q2

Morgan Stanley is reportedly planning to cut 3,000 jobs by the end of Q2 2023 due to a decrease in deal making, leading to...
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