Banking
FinTech
Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances
Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes as the company shifts its focus towards AI technologies.This marks a...
FinTech
Meta Secures Multi-Billion Dollar Deal to Rent Google AI Chips
Partnership strengthens Meta's AI capabilities with advanced technology.Highlights: Meta signs multi-billion dollar deal with Google for AI chips.The...
FinTech
Private Markets Fintech Delio Acquired by Ialta
Ialta expands its portfolio with Delio, enhancing fintech capabilities in private investments.Highlights: Delio, a fintech focused on private...
FinTech
Plaid Achieves $8 Billion Valuation, Strengthening Fintech Position
The latest funding round boosts Plaid's market presence significantly.Highlights: Plaid secures a $8 billion valuation following recent funding.The...
FinTech
Augmentum Fintech Accepts £186M Cash Takeover Offer
The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover...
CBSL: Selects SimCorp for front to back reserve management
SimCorp provides integrated, best-in-class, multi-asset investment management solutions to the world’s leading asset managers
Announces that the Central Bank of Sri Lanka (CBSL), has signed...
Laybuy: Launches BNPL code of practice
Laybuy, the leading New Zealand-based BNPL provider, published the UK’s first draft Code of Practice for members of the BNPL sector
Laybuy established...
CLS & Finastra: Collaborate to deliver netting services to customers
CLS, a market infrastructure delivering settlement, processing and data solutions
Agreed to enter into a collaboration to provide Finastra customers with access to...
DIFC FinTech Hive: Continues to lead the innovation agenda in financial services
DIFC FinTech Hive, the first and largest financial technology accelerator in the Middle East, Africa and South Asia (MEASA) region
17 successful start-ups...
Von der Heydt: Hires the block chain risk specialist Coinfirm
As one of the oldest banks in Europe, von der Heydt has made it its goal to revolutionize traditional banking
Coinfirm is a...
Lloyds: Launches new cashback initiative with local retailers
Lloyds Banking Group plc a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009
The new programme with...
CBA: Venture building entity x15ventures throws support behind OwnHome
Xccelerate a fast-tracked program for experienced entrepreneurs and start-up teams to achieve rapid growth through x15ventures funding
x15ventures a wholly-owned subsidiary of CBA,...
Capco: Survey highlights need for consumer education
Capco is a global technology and management consultancy dedicated to the financial services industry
Over the past year, more than ten million people...
iStox: Signs MoU with Chongqing Monetary Authority
Singapore-regulated financial technology company iSTOX has taken a major step towards expanding into the China market
iSTOX a multi-asset digitised securities investment platform...

