Banking

Klarna Stock Tumbles After Disappointing Q4 Results

Klarna reports unexpected losses, impacting stock performance and investor sentiment.Highlights: Klarna's stock falls sharply after reporting unexpected Q4 losses.The company's financial performance raised concerns among investors.Klarna's results indicate challenges...

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...

Nvidia Considers $30 Million Investment in OpenAI

Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...

Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion

New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...

Jump Raises $80M to Boost AI Operating System for Financial Advisors

The funding aims to enhance AI-driven solutions for wealth management professionals.Highlights: Jump raises $80 million in Series B...
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Emirates NBD and Rasmal Ventures Invest $7.6M in MENA Securitisation Innovation

Deniz Ventures and Rasmal Ventures back TeamSec to transform structured finance in MENA.Highlights:Emirates NBD's Deniz Ventures and Qatar's Rasmal Ventures invest $7.6 million...

Robinhood Facilitates Easier Access to US Markets for UK Investors

Robinhood opens UK office to streamline US market investments for UK investors.Highlights:Robinhood opens a UK office to address local investors' needs. UK investors...

Barclays Faces Major App Outage on Pay-Day, Thousands Affected

Barclays customers unable to access accounts and make payments due to IT issues on paydayHighlights:Thousands of Barclays customers reported issues accessing their accounts...

Gunjan Kedia Elected as First Indian American CEO of US Bancorp

US Bancorp Announces Leadership Change: Gunjan Kedia to Succeed Andy Cecere Highlights:Historic Appointment: Gunjan Kedia becomes the first Indian American CEO of US Bancorp. ...

DOO Clearing Taps Aurum Solutions to Automate Reconciliations

UK-Based FX Broker Enhances Compliance and Efficiency with Next-Gen Software Highlights:Integration of Aurum’s automation software for faster, accurate reconciliations. Compliance with Client Asset Sourcebook...

OneVest Raises $20 Million in Series B Funding

Wealth Management Platform Secures Investment to Enhance AI Capabilities and Expand Operations Highlights:$20 million Series B funding led by Salesforce Ventures. Expansion of AI...

Trump Media Launches FinTech Brand Truth.Fi

New Financial Services Brand Targets Crypto and ETF Markets Highlights:$250 million investment through Charles Schwab. Products to roll out in 2025 after regulatory approvals. ...

Irish Fintech Swoop Secures $6 Million to Grow US Business

Swoop's Strategic Investment Fuels Expansion in the US Market Highlights:$6 million investment from Sandbox Industries. Expansion into the US market to bridge the $1.2...

BBVA on the Hunt for 1,100 New Tech Employees

Spanish Banking Giant Accelerates Digital Transformation with Major Tech Hiring Spree Highlights:Target of 20,000 tech employees by 2025. 1,100 new hires in advanced technical...
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