Banking

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 funding.Investment will enhance AI solutions for financial advisors.The funding round was...

Figure Technology Data Breach Affects Nearly 1 Million Accounts

Customers urged to monitor their accounts after significant data exposure.Highlights: Figure Technology experiences a major data breach.Approximately 1...

Visa Strengthens Presence with Acquisition of Prisma Medios de Pago

Visa enhances its Latin American footprint by acquiring Prisma and NewPay.Highlights: Visa acquires Prisma Medios de Pago and...

Bank of Ireland UK Fined $3.7 Million for Delayed Anti-Fraud Tool Implementation

Regulator penalizes the bank for missing critical compliance deadlines.Highlights: Bank of Ireland UK fined $3.7 million by PRA.Penalty...

eBay Invests in TrueLayer, Strengthening Pay By Bank Initiative

The partnership aims to enhance direct bank transfers for eBay users.Highlights: eBay invests in TrueLayer to enhance payment...
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Arizona’s Transact Campus snapped up by Roper Technologies in $1.6bn deal

Acquisition Announcement: Roper Technologies has agreed to acquire Transact Campus, a US-based provider of campus technology and payment solutions, for a net purchase...

Science Card introduces new debit card offering to help accelerate UK scientific discovery

Launch of Science Card: Science Card, a London-based start-up, has launched in the UK to raise awareness of university research and address funding...

UAE fintech Yuze bags $30m funding to propel expansion into new markets

Here is a summary of the key points about UAE-based fintech start-up Yuze securing a $30 million investment:Investment Details: Yuze, a fintech start-up...

N26’s chief regulatory officer Jan Stechele to step down to “pursue new opportunities”

Jan Stechele's Departure: Jan Stechele, Chief Regulatory Officer (CRO) at N26, will step down at the end of September to pursue new opportunities. ...

Singapore-based wealthtech Syfe lands $27m Series C funding

Syfe Series C Funding Round Summary:Funding Secured: Syfe, a Singapore-based digital savings and investment platform, has raised $27 million in a Series C...

Apple set to open up access to NFC tech to third-party app developers

Apple Opens NFC Technology: Apple announced that starting with iOS 18.1, third-party app developers in select countries will gain access to its NFC...

MAS to commence quantum-proofing cybersecurity trials with banks “in the coming months”

Here’s a summary of the collaboration between the Monetary Authority of Singapore (MAS) and various banks to address quantum computing threats in financial services:...

PayZen lands $32m equity investment and $200m credit warehouse in Series B round

Funding Announcement:PayZen, a US-based healthcare-focused fintech, secured $32 million in equity and a new $200 million credit warehouse in an oversubscribed Series...

North Bay Credit Union taps Sharetec for web-based core banking solution

Partnership Announcement:North Bay Credit Union, the oldest credit union in Sonoma County, California, has partnered with Indiana-based software vendor Sharetec to deploy...
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