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...
spot_img

Agicap Secures €45 Million in Series C Funding to Expand Treasury Management Services

France-based fintech Agicap has raised €45 million in a Series C funding round, led by AXA Venture Partners, to strengthen its treasury management...

Conotoxia Plans Transition to Joint-Stock Company and Pursues EU Banking License

Polish fintech Conotoxia is preparing to convert its online currency exchange business, Cinkciarz.pl, into a joint-stock company (JSC) and apply for a European...

LSEG Adopts IDVerse AI to Strengthen Global ID Verification and Combat Digital Fraud

The London Stock Exchange Group (LSEG) has chosen IDVerse's advanced identity verification technology to strengthen global onboarding and combat digital deception. Using IDVerse’s...

Modifi Secures $15M and Partners with SMBC to Expand Digital Trade Finance for SMEs in Asia

Berlin-based digital trade finance platform Modifi has raised $15 million in a new funding round led by Sumitomo Mitsui Banking Corporation (SMBC) and...

PNC Bank Invests $1.5 Billion to Expand and Modernize Branch Network Across the US

PNC Bank has increased its branch investment to $1.5 billion, targeting the opening of over 200 new branches and renovating 1,400 existing locations...

BCP Invests $650 Million in Hybrid Cloud Modernization with Microsoft and Kyndryl

Banco de Crédito del Perú (BCP) is launching a $650 million investment to modernize its systems using hybrid cloud technology through partnerships with...

Bumper Acquires AutoBI to Strengthen UK Automotive Payment Platform

Bumper, a UK-based platform specializing in vehicle payment solutions, has acquired AutoBI, a company that provides business intelligence tools for the automotive industry. ...

UK Finance and GSMA Partner to Combat Fraud with New Scam Signal Initiative

Members of UK Finance and GSMA, including major UK mobile operators like Vodafone, EE, Virgin Media O2, and Three, are rolling out Scam...

Alliant Credit Union Appoints Ken Schaafsma as Interim CEO

Alliant Credit Union in Chicago has appointed Chief Risk Officer Ken Schaafsma as interim CEO, following the departure of President and CEO Dennis...
spot_img