Banking
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
FinTech
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...
Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade
Krom Bank, a subsidiary of Kredivo Group, is launching digital banking services through its partnership with Amazon Web Services (AWS).
Utilizing AWS Cloud,...
New UK fintech Covecta launches configurable AI platform
Covecta has launched a configurable AI platform designed to streamline critical activities for financial institutions' front-line teams.
The platform serves commercial banks, insurers,...
VaticAI appoints Mitch Eggers as new COO and chief scientist
Mitch Eggers has been appointed as COO and chief scientist at VaticAI, an adtech firm specializing in AI-driven solutions.
VaticAI, founded in 2018...
HSBC group COO John Hinshaw steps down after five years
John Hinshaw, HSBC’s Group Chief Operating Officer (COO), is stepping down after five years and will take six months of gardening leave.
Hinshaw...
Commerce Bank partners FIS for loyalty programme management platform
Partnership: Commerce Bank, a $30.6 billion-asset regional bank headquartered in Kansas City, has partnered with FIS to implement a new loyalty program management...
Sonali Bangladesh UK selects Finastra Essence for core banking tech overhaul
Partnership: SBUK, a UK-based bank focused on trade finance in Bangladesh, has selected Finastra Essence, a core banking solution, to modernize its banking...
Digital Federal Credit Union and First Tech Federal Credit Union to merge
Merger Details: DCU and First Tech Federal Credit Union, two US-based credit unions, plan to merge by 2025, creating a combined $28.7 billion...
Nexi Group lands €220m financing from the EIB
Nexi Group Secures €220M Financing: Italian paytech Nexi Group received €220 million in funding from the European Investment Bank (EIB) to support innovation...
Solaris to “discontinue major parts” of EMI business
Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its Electronic Money Institution (EMI) business,...

