Banking

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours of junior bankers.The initiative is part of productivity enhancement efforts.Focus on...

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...

Starling Bank Strengthens Services with Agentic AI Money Manager

The new feature aims to enhance personal finance management for customers.Highlights: Starling Bank introduces an AI-powered money manager.Agentic...
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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...

OFX: Acquires Firma Foreign Exchange Corporation

OFX: Acquires Firma Foreign Exchange CorporationOFX announces that it has entered into an agreement to acquire 100% of Firma for a total consideration...

Broker Insights: Raises £6m in Series-A funding round

Broker Insights: Raises £6m in Series-A funding roundBroker Insights raised more than £6m in a Series A funding round led by Mercia Chroma...

Ascendus: Selects Scienaptic’s Platform For AI-Powered Credit Underwriting

Ascendus: Selects Scienaptic’s Platform For AI-Powered Credit UnderwritingAscendus believes in the bold vision of achieving financial ascension for all Scienaptic is on...

Barclays: Granted license to operate as a foreign ADI in Australia

Barclays: Granted license to operate as a foreign ADI in AustraliaBarclays is a British universal bank are diversified by business, by different types...

Stripe: Commits further $6 million to carbon removal efforts

Stripe: Commits further $6 million to carbon removal effortsStripe is a technology company that builds economic infrastructure for the internet The company made...

Wombat: Appoints ex-Revolut director to advisory board

Wombat: Appoints ex-Revolut director to advisory boardWombat as it prepares for European expansion and the launch of new products and features in 2022 ...

Tiger Global: Leads $110 million Series D in Bizongo

Tiger Global: Leads $110 million Series D in BizongoTiger Global Management, LLC is an investment firm that focuses on private and public companies...

Monese: Acquires freelance service provider Trezeo

Monese: Acquires freelance service provider TrezeoMonese, the leading pan-European fintech, announces the acquisition of Trezeo Trezeo, an FCA authorised financial services provider serving...
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