Banking
FinTech
NatWest to Shut 32 Branches, Tightening Its Retail Network
The bank aims to streamline operations amid changing customer habits.Highlights: NatWest to close 32 branches in a strategic restructuring.The decision reflects a shift towards digital banking.Customers are increasingly using...
FinTech
Novum Secures UK Pension Fund Backing, Strengthening Fintech Growth
Funding supports expansion of innovative financial services in the UK.Highlights: Novum has received investment from a UK pension...
FinTech
Apax Spins Out Finastra Treasury and Capital Markets Business, Strengthening Focus
Finastra's TCM unit now operates under the new brand Teciem.Highlights: Finastra's Treasury and Capital Markets unit has been...
FinTech
TSB Warns of Spike in Romance Scams Amid Rising Online Fraud
Recent increase in romance scams targets vulnerable individuals.Highlights: TSB reports a dramatic increase in romance scams.Victims often lose...
FinTech
TSB Warns of Spike in Romance Scams Affecting Customers
The UK bank alerts clients about increasing incidents of online fraud.Highlights: TSB reports a significant increase in romance...
Aquis: Launches the world’s first regulated market-grade 24×7 exchange matching engine
Aquis: Launches the world's first regulated market-grade 24x7 exchange matching engineAquis launches Equinox, a regulated market-grade 24x7 matching engine that never requires downtime
...
ClearBank: Achieves Monthly UK Profitability and Nearly Triples YoY Income to £58m in 2022
ClearBank: Achieves Monthly UK Profitability and Nearly Triples YoY Income to £58m in 2022ClearBank's 2022 Annual Report reveals it nearly tripled its income...
Douugh: Integrates ChatGPT into its finance platform
Douugh: Integrates ChatGPT into its finance platformDouugh, is incorporating ChatGPT into its "micro-investing" platform to help users educate themselves about finance
The integration...
PPRO: Appoints Motie Bring as Chief Commercial Officer to drive the next stage of growth
PPRO: Appoints Motie Bring as Chief Commercial Officer to drive the next stage of growthPPRO has appointed Motie Bring as its new Chief...
Tranglo: Launches instant SEPA payout to Europe
Tranglo: Launches instant SEPA payout to EuropeTranglo has launched instant SEPA payments to Europe, marking its first large-scale expansion in the region
SEPA...
UTP Group: Purchases Wellet’s business in Spain
UTP Group: Purchases Wellet’s business in SpainUTP Group has agreed to acquire the Spanish customer base of German company Wellet GmbH
Wellet is...
Alchemy Pay: Secures $10 million funding at a $400 million valuation through partnership with DWF Labs
Alchemy Pay: Secures $10 million funding at a $400 million valuation through partnership with DWF LabsAlchemy Pay partners with DWF Labs to expand...
Paysafe: Appoints Nicole Carroll as Chief Strategy and Innovation Officer
Paysafe: Appoints Nicole Carroll as Chief Strategy and Innovation OfficerPaysafe has appointed Nicole Carroll as its first Chief Strategy and Innovation Officer
Carroll...
Finverity: Raises $5m equity funding as revenues grow 15x
Finverity: Raises $5m equity funding as revenues grow 15xFinverity was born out of a vision to make the global financial system work for...

