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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Ohio’s first female-led bank Fortuna nears launch after raising $20.7m

New Start-Up Bank:Fortuna Bank, an Ohio-based start-up, is preparing to launch after securing $20.7 million in funding and receiving conditional approval from...

Blockchain firm Consensys hires former Disney exec Dan Odell as CFO

New CFO Appointment:Consensys, a web3 and blockchain technology company, has hired Dan Odell as its new Chief Financial Officer (CFO).Responsibilities:Odell...

Setpoint bags $31m Series B funding to fuel research and development

Series B Funding:New York-based fintech Setpoint secured $31 million in a Series B funding round led by 645 Ventures.Participants:Other investors...

Ireland’s PTSB extends partnership with Worldpay to expand merchant services offering

Expanded Partnership:PTSB, a Dublin-based bank, has expanded its partnership with Worldpay to offer additional merchant services to its commercial customers.Background:PTSB...

Experian snaps up behavioural analytics firm NeuroID

Acquisition Details:Experian has acquired NeuroID, a US-based tech start-up specializing in behavioral analytics, for an undisclosed amount.NeuroID's Expertise:Founded in 2014,...

Banking Tech Awards 2024 nominations deadline extended to 6 September

Extended Nomination Deadline:The deadline for nominations has been extended to 6 September 2024 to accommodate delays due to summer holidays.Event Details:...

UK start-up Sync Savings to make market debut next month

Launch and Founders:Sync Savings is a UK-based start-up founded by former Monzo chiefs, CEO Joss Tasker and COO Alex Fox. The company...

Broadridge appoints Simon Robertshaw as CTO of trading solutions

New CTO Appointment:Broadridge has hired Simon Robertshaw as the Chief Technology Officer (CTO) for its front office trading capabilities division. Robertshaw will...

India’s Vayana secures $20.5m in Series D funding

Funding Details:Vayana secured $20.5 million in its ongoing Series D funding round, led by SMBC’s Asia Rising Fund. Additional participants include Chiratae...
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