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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Hinckley & Rugby Building Society appoints Barry Carter as new CEO

New CEO Appointment:Barry Carter appointed as the new CEO of Hinckley & Rugby Building Society. Effective from 2 January 2024.Professional Background:...

UK neolender Updraft secures £272m in mix of debt and equity funding

Updraft, a UK neolender, concludes a successful year with £272 million in debt and equity funding. £250 million forward flow arrangement secured with...

Dutch neobank Bunq launches self-built GenAI platform for customers

Bunq's New GenAI Platform: FinnDutch neobank Bunq, the second largest in Europe, unveils GenAI platform called Finn. Finn replaces the app's search...

DfT director Dan Moore joins PSR as head of strategy and intelligence

Moore joins the PSR’s executive team, which recently welcomed Oliver Hanmer and Natalie Golding in key roles. As head of strategy and intelligence,...

CSI snaps up partner Hawthorn River for single-platform loan origination system

CSI Acquisition: CSI, a US fintech solutions provider, has acquired Hawthorn River for an undisclosed sum to enhance its loan origination capabilities. Hawthorn River...

US fintech start-up SellersFi secures new credit facility of up to $300m

SellersFi, a New York-based fintech start-up, secures a new credit facility of $135 million, expandable to $300 million. Citi and Fasanara Capital are...

Demystify Podcast: Demystifying Saudi fintech with Naif AbuSaida, founder & CEO of Hakbah

Naif AbuSaida, CEO of Hakbah, was featured on the last 2023 episode of Demystify Podcast. Naif's diverse journey: media personality, utilities, and transition...

Ncontracts snaps up Quantivate for an undisclosed sum

Acquisition Announcement:Ncontracts, a US-based risk, vendor, and compliance management software provider, has acquired Quantivate.Strategic Move:Ncontracts aims to strengthen its position...

Credit Karma co-founder Nichole Mustard reportedly departs firm

Leadership Departures:Nichole Mustard, co-founder and chief revenue officer of Credit Karma, has left the company. Mustard, along with two other founders, launched...
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