Banking

New Banking License in Latvia Strengthens Market Entry Opportunities

Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to facilitate market entries.The initiative aims to attract innovative financial institutions.This move...

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...

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...
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Goldman Sachs mulls potential sale of BNPL fintech GreenSky

Goldman Sachs is considering selling its fintech lender and buy now, pay later (BNPL) provider GreenSky, which it acquired in September 2021 for $2.24...

Pennyworth CEO says banking authorisation is “in sight” as start-up plots growth

Pennyworth Financial, a financial planning app, is about to complete its bank application process, according to co-founder and CEO Jeremy Takle. FactsPennyworth Financial was...

Bank of Israel outlines scenarios for issuing a digital shekel

The Bank of Israel is preparing an action plan for the potential issuance of a digital shekel, but a decision has not yet been...

Polaris Bank renews partnership with Network International

Network International has renewed its partnership with Polaris Bank Limited, one of Nigeria's largest financial service providers, to enhance financial inclusion and digital transformation....

Meta payments head joins CleverCards

Global payments platform provider, CleverCards, has hired Gaurav Khurana as its Senior Vice President of Marketing to drive demand and customer growth for the...

Monzo launches instant access savings pots for businesses

Monzo has launched Business Instant Access Savings, allowing business owners to save their money while maintaining quick access to it. FactsThe Business Instant Access...

Mosaic Smart Data adds support for repo instruments

Mosaic Smart Data has added repo instruments support to its AI-powered platform to help banks optimize their balance sheets in real-time by extracting actionable...

TNS acquires BornTec managed hosting and colocation business

Transaction Network Services (TNS) has acquired BornTec's managed hosting and colocation business. The acquisition will expand TNS' global connectivity footprint and mission-critical connectivity for...

Credit card start-up Yonder bags £62.5m in equity and debt funding

Yonder, a UK-based credit card fintech, has raised £62.5 million in equity and debt funding through a Series A funding round co-led by Northzone...
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