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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Alternative investment platform CAIS hires Kan Kotecha as CTO

Kan Kotecha has been appointed as CTO to lead CAIS's engineering team and focus on building a unified operating system for the alternative...

Anthony Watson steps down from role as CEO of The Bank of London

Anthony Watson is stepping down as CEO to become a senior adviser at the bank. He will remain a non-executive director and shareholder...

Axway completes €330m acquisition of Sopra Banking Software

Deal Overview: Axway acquired SBS from Sopra Steria for €330 million. Financing: Axway raised €131 million through a share capital increase and secured...

EU financial services analytics maturity report

Current State of Analytics: Evaluates the existing analytics capabilities of EU financial services providers. Impact of Privacy Legislation: Examines how privacy laws like...

MidWestOne Bank taps Temenos for digital onboarding solution

Partnership: MidWestOne Bank, based in Iowa City, has partnered with Temenos to implement its Digital Onboarding solution to improve customer acquisition and retention...

Natixis sells private credit business MV Credit to Clearlake Capital

Acquisition: Clearlake Capital Group, a US-based private equity firm, has agreed to acquire MV Credit, a pan-European private credit business with $5.1 billion...

Saldo Bank taps Enfuce to launch its first payment card programme

Partnership: Saldo Bank, based in Vilnius, Lithuania, has partnered with Enfuce, a Finnish issuer processor, to launch its first payment card programme. Card...

Paylocity to acquire spend management platform Airbase for $325m

Acquisition Deal: Paylocity has agreed to acquire Airbase, a spend management platform, for $325 million. Funding: The deal will be funded through Paylocity’s...

Swiss fintech Yapeal unveils new CEO alongside fresh capital boost

New CEO: Yapeal, a Swiss fintech, has appointed Michael Eidel as its new CEO, succeeding co-founder Thomas Hilgendorff. Hilgendorff's New Role: Hilgendorff will...
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