Business

NatWest Strengthens Venture Banking by Partnering with AWS

Collaboration will enhance digital services for startups and scale-ups.Highlights: NatWest partners with AWS to launch a new venture banking business.The collaboration aims to improve digital services for startups and...

UK Authorities Tighten Regulations on P2P Crypto Trading

New measures aim to enhance security for crypto traders in the peer-to-peer market.Highlights: UK authorities introduce new regulations...

Citi Wealth Strengthens Services with New AI-Powered Team Member

Citi Wealth Management introduces advanced AI technology for enhanced client experience.Highlights: Citi Wealth Management has launched a new...

Coinbase Lists First GBP Stablecoin, Expanding Market Options

The new stablecoin aims to enhance trading in the UK market.Highlights: Coinbase has launched the first GBP stablecoin.This...

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...
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Edwina Johnson joins MoneyGram as general manager

Edwina Johnson Appointed GM at MoneyGramMoneyGram names Edwina Johnson as the new General Manager for MoneyGram Online International. Johnson brings over 15...

Trading solutions provider CQG agrees to executive ownership deal

Ownership Transition:CQG, a financial trading solutions provider, is set to be acquired by a group of its senior executives.Company Background:Founded...

ICYMI fintech funding round-up: EduFi, Performativ, Due and more

EduFi Funding:Singapore-based EduFi secures $6.1 million in pre-seed funding. Led by Zayn VC, with participation from Palm Drive Capital and others. EduFi...

European regulators agree on new rules for SEPA instant payments

Instant Payments Expansion:European governing bodies agree on new rules to increase the availability of instant payments. Banks and payment service providers offering...

FCA calls for “robust frameworks” to detect fraud and support victims

The UK's Financial Conduct Authority (FCA) urges firms to enhance anti-fraud systems. The FCA's recent review revealed both good and poor practices in...

Canadian Tire reacquires Scotiabank’s 20% stake in its financial services arm in $650m deal

Financial Transaction: Canadian Tire buys back Scotiabank’s 20% stake in its financial services arm, CTFS, through an all-cash transaction valued at around $650 million...

India’s InCred Finance secures unicorn status with $60m Series D funding

Funding News:Indian fintech InCred Finance secures $60 million in Series D funding. Valuation reaches $1.05 billion, making InCred the latest unicorn in...

Block’s Cash App withdraws bid for Irish virtual asset licence

Cash App withdraws VASP license application in Ireland. The peer-to-peer platform sought a license from Ireland’s central bank for virtual asset and cryptocurrency...

Wise temporarily pauses new business onboarding in Europe

Wise temporarily pauses business onboarding in Europe. High demand was cited as the reason for the onboarding freeze. UK businesses onboarding resumes, with...
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