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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Kaizen Secures £42M Investment to Expand Regulatory Compliance Solutions

Kaizen, a UK-based regulatory compliance solutions provider, has received £42 million in minority investment from Guidepost Growth Equity. This funding aims to support...

FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees

The Federal Trade Commission (FTC) has filed a lawsuit against the neobank Dave, claiming the company misled consumers about cash advance amounts and...

Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

Bank of New Zealand (BNZ) has acquired Auckland-based open banking fintech BlinkPay to expand its leadership in New Zealand’s open banking sector. Founded...

FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services

FE Fundinfo has acquired Matterhorn Reporting Services to enhance its AIFMD reporting capabilities for alternative investment fund managers. Matterhorn’s expertise in regulatory compliance...

MAS’ Project Guardian: Swift, UBS, and Chainlink Achieve Tokenized Fund Settlement Pilot

The Monetary Authority of Singapore's Project Guardian has completed a successful pilot for tokenized fund settlements, integrating blockchain assets with traditional Swift infrastructure. ...

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

UK-based regtech Konsentus has been selected by the Bank of Namibia to establish API guidelines as part of Namibia’s open banking initiative. This...

Monument Technology Appoints New CTO and CCO to Strengthen BPaaS Offerings

Monument Technology, a UK-based provider of Banking-Platform-as-a-Service (BPaaS) solutions, has appointed Diptesh Mishra as CTO and Nick Lawler as CCO. Mishra and Lawler...

NatWest Launches Approval2Buy: Virtual Card Solution for B2B Payments with Mastercard

NatWest has introduced Approval2Buy, a B2B virtual card solution developed with Mastercard’s technology. This allows businesses to issue virtual cards instantly, offering custom...

Saldo Bank Chooses Lunar’s Nordic Infrastructure for Enhanced Payment Solutions in Sweden

Lithuanian-based Saldo Bank has teamed up with Danish neobank Lunar to simplify payments for its Swedish customers. Using Lunar’s Nordic infrastructure, Saldo now...
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