Banking

Bridge, Owned by Stripe, Strengthens Approval for National Trust Bank

Stripe’s Bridge secures national approval to operate as a trust bank.Highlights: Bridge secures national approval to function as a trust bank.The approval signals expansion in financial services for Stripe.Bridge...

ECB Strengthens Framework Ahead of Planned Digital Euro Pilots

European Central Bank prepares for digital euro testing phase.Highlights: ECB announces enhancements to its regulatory framework.Planned pilots for...

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems.Highlights: Mastercard and Visa partner with banks for innovative...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

New alliance enhances transaction security amidst rising cyber threats.Highlights: Mastercard partners with Cloudflare for enhanced cyber security.Collaboration aims...

Gemini Stock Plummets as Three Top Executives Depart

Key leadership changes raise concerns over Gemini's future stability.Highlights: Gemini stock drops significantly after three executives resign.Executive departures...
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Dutch lender BridgeFund taps Mambu for core banking upgrade

BridgeFund Selects Mambu's Cloud Banking PlatformOverview:Amsterdam-based BridgeFund partners with Mambu to scale its SME lending operations.Objectives:Replace BridgeFund’s in-house-built core banking...

Al Etihad Payments prepares to launch new domestic card scheme in UAE this month

Launch of Jaywan Card Scheme by CBUAEOverview:The Central Bank of the UAE (CBUAE) is launching a domestic card scheme named Jaywan through...

NatWest prepares to introduce GenAI-powered virtual assistant Cora+ in collaboration with IBM

NatWest Launching AI-Powered Virtual Assistant Cora+Introduction:NatWest is launching a generative AI-powered virtual assistant, Cora+, developed with IBM’s Watsonx.Features:Integrates information from...

Former HSBC exec Roz Smith named as new COO of Broadridge International

Roz Smith Appointed COO of Broadridge InternationalAnnouncement:Roz Smith appointed as COO of Broadridge International, effective 1 May 2024.Role and Responsibilities:Tasked...

Eurobank Cyprus overhauls legacy systems with Temenos solutions

Eurobank Cyprus Partners with Temenos for Digital Banking TransformationPartnership Overview:Eurobank Cyprus, the country's third-largest bank, has partnered with Swiss banking tech firm...

Oman Arab Bank debuts new direct debit solution

Oman Arab Bank Launches New Direct Debit SolutionProduct Introduction: Oman Arab Bank (OAB) has introduced a direct debit product to streamline and automate...

U.S. Bank taps Greenlight for family-focused money management tools

U.S. Bank Partners with Greenlight to Enhance Financial Literacy ToolsPartnership Overview: U.S. Bank has teamed up with Greenlight to promote positive financial habits...

Finseta offloads non-trading subsidiary Capital Currencies to undisclosed buyer for £150,000

Summary of Finseta's Sale of Capital Currencies:Transaction Overview:Finseta (formerly Cornerstone FS) sold its non-trading subsidiary, Capital Currencies, for £150,000 in cash. The...

Peru becomes first South American country to adopt NPCI’s UPI tech

Summary of BCRP and NPCI International Partnership:Partnership Overview:Central Reserve Bank of Peru (BCRP) partners with NPCI International Payments Limited (NIPL). Aim: Create...
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