Banking
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
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...

