Business

X Launches Payments Beta with William Shatner Charity Auction

Innovative payment platform debuts alongside charity event featuring Shatner.Highlights: X debuts its payments beta with a charity auction featuring William Shatner.The auction proceeds will support various charitable initiatives.This launch...

Standard Chartered Appoints Former Kinexys Co-Head as Global Payments Chief

New leadership aims to enhance the bank's payment strategies.Highlights: Standard Chartered appoints new Global Payments Chief.Former Kinexys co-head...

Kraken Gains Historic Fed Master Account Approval

Cryptocurrency exchange Kraken becomes the first to secure a master account with the Federal Reserve.Highlights: Kraken becomes the...

NatWest Strengthens Business Banking by Hiring Adeel Hyder from Starling

Hyder will lead the business banking team, enhancing NatWest's services.Highlights: Adeel Hyder joins NatWest from Starling Bank.Hyder will...

Innovate Finance Says BoE Stablecoin Proposals Will Chill UK Market

New stablecoin proposals from the Bank of England raise concerns for fintech growth.Highlights: Innovate Finance criticizes Bank of...
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Encompass Corporation snaps up CoorpID and Blacksmith KYC from ING

Acquisition Move: Encompass Corporation acquires CoorpID and Blacksmith KYC from ING to enhance its corporate Know Your Customer (KYC) services. Specialization Focus: Encompass, a UK-founded...

US-based Citizens State Bank taps Revio to fuel customer growth

Citizens State Bank Partnership with Revio:Indiana-based Citizens State Bank of New Castle has selected Revio as its analytics and insights provider. The...

JP Morgan Chase-owned WePay reportedly offboards a number of business clients

JP Morgan Chase's WePay reportedly offboards long-standing business clients. The move suggests a potential shift in the bank's strategy away from competing with...

Brazil’s Conta Simples plots product expansion following $41.5m Series B

Conta Simples secures $41.5 million in Series B funding Led by existing investor Base10 Partners Funding to enhance corporate card platform and expense...

Commerzbank forms joint venture with Global Payments for SME payment solutions

Commerzbank and Global Payments form a joint venture, Commerz Globalpay, for digital payment solutions in Germany. Ownership split: 51% Global Payments, 49% Commerzbank;...

Aeon Bank given the go-ahead to commence digital banking operations in Malaysia

Aeon Bank Approval:Aeon Bank, based in Kuala Lumpur and formerly known as ACS Digital Berhad (ADB), has received approval from Malaysia's central...

Singapore’s GXS Bank reportedly receives $109m investment from parent company Grab

GXS Bank Funding:Singapore-based digital banking challenger GXS Bank has reportedly received an additional $109 million investment from its parent company, Grab Holdings. ...

Canada’s Vancity names Wellington Holbrook as president and CEO

Vancity's New CEO:Canadian credit union Vancity has appointed Wellington Holbrook as its new President and CEO, effective from January 15, 2024. Wellington...

WealthCo Asset Management taps Duco to automate manual data tasks

WealthCo Asset Management and Duco Partnership:WealthCo Asset Management in Canada has entered into a partnership with Duco, leveraging Duco's cloud-based Software-as-a-Service (SaaS)...
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