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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Goldman Sachs Leads $70M Investment in Canadian Fintech Float Financial

Float Financial Secures Series B Funding to Expand Business Finance Solutions Highlights:$70 million Series B funding round led by Goldman Sachs. Float Financial offers...

DailyPay Names Former Uber CFO Nelson Chai Executive Chair

Nelson Chai to Lead Strategic Growth at DailyPay Highlights:Leadership Appointment: Nelson Chai appointed as Executive Chair of DailyPay. Extensive Experience: Chai brings over 30...

Equiniti Appoints Dan Kramer as CEO of Global Shareholder Services

Dan Kramer to Lead Unified Global Shareholder Services Division Highlights:Leadership Appointment: Dan Kramer appointed as CEO of Equiniti's Global Shareholder Services division. Unified Division:...

NomuPay Raises $37 Million to Unlock Asian Markets

Dublin-based Fintech Expands Unified Payments Platform Across Asia Highlights:$37 Million Fundraising: NomuPay completes third investment round, bringing total funding to nearly $90 million. Unified...

Axis Announces Proposed Redemption of Debentures Amid Strategic Asset Sale

Subheading Axis Auto Finance sets December 16, 2024, as the redemption date for its debentures, aligning with the anticipated sale of its auto loan assets...

Anduril and Palantir Partner to Enhance AI Capabilities for National Security

Subheading The collaboration between Anduril and Palantir aims to revolutionize national security with advanced AI solutions, addressing data readiness and scalability challenges. HighlightsStrategic Partnership: Anduril...

European Central Bank’s Digital Euro: Transforming Europe’s Financial Landscape

Subheading The European Central Bank's digital euro initiative aims to revolutionize Europe's financial system, enhancing security, efficiency, and financial inclusion. HighlightsInnovative Currency: The ECB's digital...

HSBC Reshapes Its Structure with New Leadership and Key Appointments

HSBC Restructures for Agility: HSBC is simplifying its organizational structure into four key businesses: International Wealth and Premier Banking (IWPB), Corporate and Institutional...

Mambu Acquires Numeral to Boost Payment Solutions and Expand Market Reach

Mambu Acquires Numeral: Dutch core banking technology provider Mambu has acquired French paytech Numeral to enhance its payment solutions and expand market reach....
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