Banking

Varo Financial Raises $123.9 Million in Funding Boost

The latest funding round strengthens Varo's financial position and growth plans.Highlights: Varo Financial secures $123.9 million in new funding.The investment will support Varo's growth strategy.Varo aims to enhance its...

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...

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...

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...

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...
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Anchorage Capital Partners: Acquires GBST

Anchorage Capital Partners: Acquires GBSTAnchorage Capital Partners is an Australian-headquartered global private equity firm with extensive experience Pleased to announce it has completed...

WEX: Makes senior appointments

WEX: Makes senior appointmentsWEX is a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel and healthcare Announced...

Pascal WealthTech: Announced that it has acquired Living Wealth Media Inc.

Pascal WealthTech: Announced that it has acquired Living Wealth Media Inc.Pascal WealthTech designs digital technology to empower financial advisors. Integrated, intelligent, and intuitive ...

Community Bank of the Bay: Taps Fiserv for real-time payments

Community Bank of the Bay: Taps Fiserv for real-time paymentsCommunity Bank of the Bay is furthering its digital transformation strategy with the implementation ...

Proxymity: Announces Series B Investment of $31 million

Proxymity: Announces Series B Investment of $31 millionProxymity is a multi-award winning investor communications platform that directly connects and authenticates issuers The company...

SEC: Charges Five Russians in $80 Million Hacking and Trading Scheme

SEC: Charges Five Russians in $80 Million Hacking and Trading SchemeSEC announced fraud charges against five Russian nationals for engaging in a multi-year...

UnionPay International: Launches SoftPOS solution in Malaysia

UnionPay International: Launches SoftPOS solution in MalaysiaUnionPay International ("UPI"​) is a wholly-owned subsidiary of China  established in Nov 2012 The SoftPOS solution to...

ING: Announced that it will leave the Retail Bank market in France

ING: Announced that it will leave the Retail Bank market in FranceING is a pioneer in the digital bank and on the forefront...

VTB Bank: Introduces AI to speed up client services

VTB Bank: Introduces AI to speed up client servicesVTB Bank is one of the leading universal banks of Russia and its subsidiaries form...
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