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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New UK lender Interbridge Mortgages taps Mambu for retail mortgages solution

Interbridge Mortgages Partnership: Interbridge Mortgages, a UK-based start-up mortgage lender, has partnered with core banking tech provider Mambu to launch its services. About...

US Department of Justice files civil antitrust lawsuit against Visa

DOJ Lawsuit Filed Against Visa: The US Department of Justice (DOJ) has filed a civil antitrust lawsuit against Visa for alleged monopolization in...

India’s Cashfree Payments hires Nitin Pulyani as new head of product

Cashfree Payments has appointed Nitin Pulyani as its new head of product and senior vice president (SVP). Pulyani will lead product development, focusing...

Payments infrastructure start-up Kevin reportedly declared insolvent by court in Lithuania

The Vilnius District Court in Lithuania has declared the payments infrastructure start-up Kevin insolvent. A bankruptcy case has been opened, with IS Group...

Rimes hires Gus Macfarlane as new chief operating officer

Rimes, a provider of enterprise data management solutions, has appointed Gus Macfarlane as its new chief operating officer (COO). Macfarlane will focus on...

US Department of Justice files civil antitrust lawsuit against Visa

US Department of Justice (DOJ) filed a civil antitrust lawsuit against Visa for "monopolisation" in debit network markets, citing violations of Sections 1...

Bank of America to open 165 new branches by end of 2026

Bank of America (BofA) plans to expand its branch network with 165+ new locations by the end of 2026. In 2023, BofA will...

Wealthtech start-up for women Propelle launches in the UK

Propelle is a London-based investment platform designed specifically for women to help close the gender wealth gap and empower women financially. Founded by...

Uday Bola joins Target Group as new head of solution design

Target Group, a UK-based business processing services and software provider, has appointed Uday Bola as its head of solution design. Bola has over...
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