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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Capital One commercialises AirKey authentication technology for financial institutions

AirKey, a NFC-enabled authentication technology developed by Capital One, will now be commercially offered to other financial institutions. The technology enables cardholders to...

Morocco’s CIH Bank taps Backbase for Engagement Banking platform

CIH Bank, based in Morocco, has partnered with Dutch digital banking provider Backbase to support its digital transformation. The bank is deploying Backbase's...

Navigant Credit Union partners Baker Hill to boost commercial loan operations

Navigant Credit Union, based in Rhode Island, has partnered with Baker Hill to use its Commercial Lending solution for loan origination and underwriting. ...

Barclays signs agreement to become exclusive issuer of GM credit card programme

Barclays US Consumer Bank has signed a long-term deal with General Motors (GM) to become the exclusive issuer of the GM Rewards Mastercard...

Santander UK enters open banking payments partnership with Token.io

Santander UK, a subsidiary of Banco Santander, has partnered with Token.io to enhance its open banking infrastructure. The collaboration allows Santander customers to...

Dutch fintech start-up Tebi bags €20m Series A funding

Tebi, a Netherlands-based fintech start-up, has raised €20 million in a Series A funding round led by Index Ventures. Founded in 2021, Tebi...

FinVolution expands into Pakistan with Daira launch

FinVolution, a Chinese fintech company, has launched Daira, a new lending platform in Pakistan. Daira offers low-interest, flexible loans with funds transferred to...

Multitude Bank secures €15m majority shareholding in Norwegian digital challenger Lea Bank

Multitude Bank, a wholesale bank based in Malta, has acquired a 9.9% stake in Lea Bank, a listed Norwegian digital challenger, thereby becoming...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has partnered with Pagaya Technologies, a US-Israeli fintech, to acquire the intellectual property (IP) of defunct...
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