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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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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