Business

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns.Highlights: Financial regulators unite to control finfluencers' market impact.Concerns over misinformation and manipulation in finance grow.New collaborative measures aim to...

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...

UK Government Strengthens Talks with Anthropic for Mythos Release Amid Concerns

Anthropic's AI technology under scrutiny as UK seeks to enhance regulatory framework.Highlights: UK government engages Anthropic for AI...
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Westpac taps Dancerace to upgrade its invoice finance operations

Westpac Banking Corporation, an Australian banking giant, has announced a partnership with UK-based software company Dancerace to enhance its invoice finance operations. The...

OBL director Alan Ainsworth departs after six-year tenure

Alan Ainsworth has concluded his six-year tenure at the UK's Open Banking Ltd (OBL). OBL, formerly the Open Banking Implementation Entity (OBIE), was...

ID Finance lands $150m debt financing headed by i80 Group

Barcelona-based ID Finance has secured $150 million in debt financing from i80 Group to accelerate the growth of its Plazo app. ID Finance...

RBC’s US subsidiary City National Bank hit with $65m fine from OCC

The US Office of the Comptroller of the Currency (OCC) has imposed a $65 million fine on City National Bank, the US subsidiary...

Duco acquires intelligent document processing start-up Metamaze

Data automation firm Duco has acquired intelligent document processing (IDP) start-up Metamaze for an undisclosed sum. Metamaze, based in Antwerp, Belgium, operates an...

Entrust in exclusive talks to acquire ID verification solutions provider Onfido

Data security solution provider Entrust is in exclusive talks to acquire UK-based ID verification tech firm Onfido. The proposed deal aims to add...

Oregon State Credit Union partners Bankjoy for account opening and loan solutions

Oregon State Credit Union has partnered with US-based banking technology vendor Bankjoy for its online account opening solution to drive new member acquisition...

Puerto Rico’s Segura Bank taps Temenos to power new digital bank

Segura Bank International (SBI) in Puerto Rico has chosen Temenos' cloud-based core banking platform for its new digital bank targeting mid-to-high earners in...

India’s UPI launches in France through collaboration with Lyra Network

The National Payments Corporation of India (NPCI) has partnered with French payment services firm Lyra Network to introduce the Unified Payments Interface (UPI)...
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