Banking

US Regional Banks Build Tokenized Deposit Network to Enhance Innovation

New collaboration aims to increase efficiency and client engagement.Highlights: US regional banks initiate a tokenized deposit network.Innovation focuses on improving efficiency in banking.Collaboration aimed at enhancing client engagement and...

New Banking License in Latvia Could Boost Market Entrants

Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase...

Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan

Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...

Citi Strengthens AI Infrastructure Banking Team with Investment in Japan

Citi aims to enhance its AI capabilities through strategic team formation and investment.Highlights: Citi forms a new AI-focused...

New York Finalizes BNPL Rules to Strengthen Consumer Protections

New regulations aim to enhance transparency in buy now, pay later services.Highlights: New York's final regulations for BNPL...
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UK regtech Facctum appoints two senior executives

Regtech company Facctum has appointed Onkar Inamdar as its head of engineering and Syam Chintapenta as its chief development officer. Inamdar will be responsible...

UK regtech GSS names Ruth Fletcher as joint COO and CFO

Regtech firm Global Screening Services (GSS) has named Ruth Fletcher as its joint COO and CFO. Fletcher will play a crucial role in the...

Nigerian paytech VigiPay taps ThetaRay for Sonar AML solution

Nigerian paytech VigiPay has partnered with ThetaRay to use its Sonar anti-money laundering (AML) solution for safeguarding its business against financial crime, including sanctions...

US savings app Super.com lands $85m in Series C fundraise

San Francisco-based savings app Super.com has raised $85 million in a Series C funding round, led by Inovia Capital, to expand its offerings and...

UAE’s Mbank partners Dgpays for digital wallet offering

UAE-based digital bank Mbank has partnered with Turkish B2B fintech Dgpays Group to launch a digital wallet designed to offer businesses and freelancers the...

Illimity Bank sells IT source codes to Engineering Group in €55.5m deal

Italian Illimity Bank has sold its IT platform source codes to Engineering Group in a €55.5 million deal. The agreement will allow Illimity to...

UK’s FCA selects NayaOne to build and operate Digital Sandbox platform

UK-based fintech NayaOne has been selected by the Financial Conduct Authority (FCA) to develop and manage the Digital Sandbox program, which offers a secure...

Amex Ventures vets launch $78m fintech fund

Former managing directors of Amex Ventures have raised $78m to establish a fintech fund, Vesey Venture, which will invest in early-stage fintech startups that...

Armalytix delivers income and risk insights tools

Fintech company Armalytix has launched a new set of tools, called Income and Risk Insights, to help financial services firms understand clients' income and...
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