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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Lakeside Bank selects Volante’s PaaS for RTP processing

Lakeside Bank, a $2.64 billion-asset bank based in Lake Charles, Louisiana, has selected Volante Technologies to improve its Swift messaging and real-time payment...

Toss Securities promotes Gyubin Kim to CEO

Gyubin Kim has been promoted to CEO of Toss Securities, succeeding Seungyeon Kim, who led the company since April 2022. During Seungyeon Kim’s...

FusionIQ hires Eric Noll as new CEO upon completion of “significant new fundraising round”

Eric Noll has been named CEO and Chairman of FusionIQ, a cloud-based wealth management solutions provider based in Woburn, Massachusetts. Noll joins FusionIQ...

UK challenger Monese to be acquired by fellow fintech Pockit

Pockit, a UK fintech, is acquiring Monese, a mobile banking provider, aiming to create a fintech platform for financially underserved and lower-middle-income consumers...

ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more

Bitlayer (Singapore) secured $9 million in a Series A extension, co-led by Polychain Capital and Franklin Templeton, following a $5 million seed and...

Aleph acquires majority stake in Argentinian PSP Localpayment

Aleph Holding has acquired a controlling equity interest in Localpayment, an Argentinian payment service provider focused on emerging markets. Localpayment will be rebranded...

ESAF Small Finance Bank replaces FIS’ Profile with Oracle Flexcube as new banking core

ESAF Small Finance Bank has transitioned to Oracle Flexcube as its new core banking solution, replacing the previous system, Profile by FIS, which...

TSB Bank fined £10.9m by FCA over handling of customers facing financial difficulty

TSB Bank was fined £10,910,500 by the Financial Conduct Authority (FCA) for failing to treat customers in arrears fairly and for lacking appropriate...

Italy’s Banca Sella becomes first European bank to launch QR code for the visually impaired

Banca Sella, an Italian bank with over 300 branches, is the first bank in Europe to implement TQ Braille, a tactile identification tool...
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