Banking

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless last year.Growing preference for cashless payments among consumers.Survey indicates a major...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...

Citi and HSBC Invest in Trading Tech Player Adaptive, Boosting Innovation

This investment aims to enhance financial trading technology solutions.Highlights: Citi and HSBC jointly invest in trading tech company...
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AMX: Automates Emir Reconciliations with Fund Recs

AMX: Automates Emir Reconciliations with Fund RecsAMX the Ireland based 3rd Party Management Company chosen the Fund Recs Velocity platform to automate EMIR...

Sandstone Technology: Partners with Codat

Sandstone Technology: Partners with CodatSandstone Technology expands to cater to SME customers, with a one platform approach Identified an opportunity to offer the...

SIX: Brings Connexor warrants issuance platform to Spain

SIX: Brings Connexor warrants issuance platform to SpainSIX provides services in the securities, payments, and financial information business and caters to a broad...

Seba Bank: Wins permission to open for business in Abu Dhabi

Seba Bank: Wins permission to open for business in Abu DhabiSEBA Bank is the Swiss smart bank providing a secure, institutional-grade, universal suite...

HooYu: Partnering with Virgin Money

HooYu: Partnering with Virgin MoneyHooYu is a global customer on-boarding platform that provides UI & UX tools to deliver customized mobile Virgin Money...

MarketForce: Raises $40M Series A

MarketForce: Raises $40M Series AMarketForce, the Nairobi-headquartered B of consumer goods Announces the closing of a $40 million Series A round, the largest...

Intesa Sanpaolo: Launches new startup development programme

Intesa Sanpaolo: Launches new startup development programmeIntesa Sanpaolo, the leading Italian banking group, offers its services to 11.1 million customers through a nationwide...

Umazi: Closes $1m investment

Umazi: Closes $1m investmentUmazi seeks to create a software-enabled market allowing corporations to create a single digital identity Secured $1m investment from Innovate...

GoDaddy: Executes $750 Million Accelerated Share Repurchase Agreements

GoDaddy: Executes $750 Million Accelerated Share Repurchase AgreementsGoDaddy is empowering everyday entrepreneurs around the world by providing all of the help and tools...
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