Business

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 for P2P crypto trading.The measures aim to enhance consumer safety and...

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...

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions.Highlights: Coastal Bank has partnered with Tempo for improved cross-border...
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US fintech Bond.AI snaps up Elastech to bolster cloud and data offerings

Arkansas-based fintech Bond.AI acquires US-based company Elastech. Bond.AI aims to enhance its cloud and data capabilities through the acquisition. Bond.AI plans to expand...

German insurtech Wefox secures $55m debt financing from Deutsche Bank and UniCredit

Berlin-based insurtech Wefox secures $55 million in debt financing. Deutsche Bank and UniCredit are the key financiers. The financing is structured as a...

Klarna to establish UK holding company in preparation for billion-dollar IPO

Klarna, the Buy Now, Pay Later (BNPL) giant, plans to establish a new holding company in the UK for its upcoming IPO. CEO...

NatWest engages IBM to revamp chatbot service with generative AI

NatWest selects IBM's Watsonx platform for Cora:NatWest partners with IBM for Cora's enhancement.Cora+ offers more human interactions:Cora+ designed to provide a more...

BNPL fintech Jifiti lands European EMI licence from Swedish regulator

Jifiti, a US-based fintech, has secured an EMI license from Sweden's financial regulator, enabling it to operate in Europe. The license allows Jifiti...

Kentucky-based credit union Park Community names Jana Erny as president and CEO

Jana Erny is the new president and CEO of Park Community, a Kentucky-based credit union. She will take over from Jim Spradlin, the...

National Bank of Georgia taps Ripple for CBDC pilot

The National Bank of Georgia selected Ripple as its technology partner for a digital lari pilot project. Georgia's central bank plans to explore...

Intuit to merge personal financial management subsidiary Mint into Credit Karma

Mint's Standalone Operations End: Mint, the personal financial management business, will no longer operate independently from January 1, 2024. Mint Merged into Credit...

US fintech Payroll Integrations secures $20m Series A funding

Payroll Integrations, a San Diego-based tech firm, secures $20 million in Series A funding led by Arthur Ventures. Founded in 2016 by Doug...
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