Banking

Société Générale Lays Off 1,800 Employees in France

The bank aims to streamline operations amid financial adjustments.Highlights: Société Générale will lay off 1,800 employees in France.The layoffs are part of efforts to streamline operations.This decision affects various...

Trump Sues JPMorgan for $5 Billion Over Political Debanking Claims

Former President alleges unfair treatment by major banking institution.Highlights: Donald Trump sues JPMorgan for $5 billion over political...

Flutterwave Expands Offerings by Introducing Stablecoin Wallets for African Merchants

New service aims to empower merchants across Africa with stablecoin transactions.Highlights: Flutterwave introduces stablecoin wallets for African merchants.The...

ThisBank Launches in the UK with Branchless Banking and Competitive Savings

New digital bank strives for a personal touch in banking services.Highlights: ThisBank launches branchless banking services in the...

PayPal Boosts Agentic Commerce Offering Through Cymbio Acquisition

The acquisition enhances PayPal's capabilities in online retail integrations.Highlights: PayPal has acquired Cymbio to enhance its commerce offerings.Cymbio...
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Cube Acquires Kodex AI to Add Agentic AI Capabilities to RegPlatform

RegTech firm Cube strengthens its compliance offering by acquiring Germany-based Kodex AI, integrating agentic AI agents into its flagship RegPlatform solution. Highlights: Cube acquires Berlin-based...

OCC Grants Conditional Approval for Erebor Bank National Charter

The Office of the Comptroller of the Currency (OCC) has issued preliminary conditional approval for the national bank charter of Erebor Bank, marking a...

Upgrade Raises $165 M Series G at a Reported $7.3 B Valuation

U.S. fintech firm Upgrade secures a $165 million Series G funding round, valuing the company at approximately $7.3 billion and positioning it for accelerated...

ICYMI Fintech Funding Round-Up: Grateful, Form3, Tenora and More

Catch up on this week’s major fintech funding moves — from Grateful’s £1.5 m seed raise to Form3’s strategic investment and Tenora’s Macquarie-led backing. Highlights:...

UnionDigital Bank Adopts iProov Liveness Authentication to Strengthen Fraud Protection

UnionDigital Bank in the Philippines deploys iProov’s Dynamic and Express Liveness biometrics solutions to enhance its risk-based authentication approach and defend against account takeovers. Highlights...

UBS Appoints Daniele Magazzeni as Chief AI Officer to Lead Group AI Strategy

Former JP Morgan Analytics Chief Daniele Magazzeni will join UBS in January 2026 as its Chief Artificial Intelligence Officer, driving deployment of traditional, generative,...

Raymond James Acquires Majority Stake in GreensLedge to Bolster Investment Banking Capabilities

US financial services giant Raymond James acquires a majority stake in GreensLedge Capital Markets, enhancing its global investment banking reach and strengthening advisory expertise...

Former Klarna UK Chief Alex Marsh Named CEO of Salad Group

Fintech veteran Alex Marsh takes the helm at Salad Group, bringing his leadership experience from Klarna to drive the company’s next phase of growth...

Ent Credit Union Partners with Lumin Digital to Boost Online Banking Ahead of 2026 Merger

Colorado-based Ent Credit Union collaborates with Lumin Digital to enhance its online and mobile banking platform as it prepares for a major merger in...
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