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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The Philippines’ UnionBank taps Informatica for MDM solution

UnionBank's Digital Transformation:UnionBank of the Philippines is actively pursuing digital transformation and transitioning to the cloud. The bank has adopted Informatica's Master...

Grow Financial FCU taps NCR Atleos for ATM management

Grow Financial FCU partners with NCR Atleos for ATM-as-a-Service (ATMaaS) tech NCR Atleos to update Grow Financial's aging ATM infrastructure Grow Financial, established...

Ally Financial sells POS financing business to Synchrony

Acquisition Announcement: Connecticut-based financial services firm Synchrony to acquire Ally Lending, the point-of-sale financing business of Ally Financial. Duel Offering Strategy: Synchrony aims to create...

US fintech Kashable raises $25.6m Series B funding

Funding Success: Kashable, a fintech focused on employee financial wellness, secures $25.6 million in Series B funding. Investors: Californian VC firms Revolution Ventures and Moneta...

BNPL firm Billink fuels European expansion plans with $32m funding from Varengold Bank

Funding Boost: Dutch paytech Billink secures a $32.1 million investment from Germany's Varengold Bank for its buy now, pay later (BNPL) platform expansion. Expansion...

SME lender FundPark doubles credit facility with Goldman Sachs to $500m

FundPark, a Hong Kong-based capital financing provider, has doubled its asset-backed securitization (ABS) facility with Goldman Sachs to $500 million. The expansion follows...

Italy’s Objectway doubles down on North American wealth market with acquisition of Nest Wealth

Acquisition Details:Italian banking software provider Objectway has acquired digital wealth solutions provider Nest Wealth based in Toronto, Canada. The acquisition amount remains...

Oracle strikes deal with Slovenia’s SID Bank for core banking and payments technology

Oracle's Flexcube in SloveniaSID Bank, based in Ljubljana, Slovenia, became the first in the country to adopt Oracle's Flexcube core banking solution. ...

Finnish fintech Aibidia names Matthias Grabellus as new chief product officer

Aibidia, a Finnish fintech, appoints Matthias Grabellus as Chief Product Officer (CPO). Grabellus will lead the development of Aibidia's transfer pricing platform to...
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