PayTech Awards USA 2023 winners announced
The PayTech Awards USA 2023 winners have been announced, recognizing outstanding contributions to the payment technology sector.
FactsThe winners were exclusively revealed on the...
XYB resolves bank-building barriers with GenAI through Google Cloud partnership
XYB partners with Google Cloud to integrate generative AI and machine learning tools into its banking platform, aiming to reduce human intervention and operational...
Bright Money lands $62m debt and equity funding
US-based consumer fintech start-up Bright Money secures $62 million in funding, combining debt and equity, for its AI-driven bank aimed at debt-laden consumers.
FactsBright...
Switch2Zero appoints Galileo CEO Derek White as chairman
UK-based digital sustainability platform Switch2Zero appoints Derek White as its new chairman, bringing extensive experience in global fintech and technology leadership.
FactsDerek White, CEO...
Raisin appoints former UBS chair Axel Weber as advisor and board member
Berlin-based fintech Raisin appoints Axel Weber, former president of the German Central Bank, as an advisor and board member, amid significant growth and a...
Deutsche Börse set to take over wealthtech firm SimCorp
Deutsche Börse is set to finalize its €3.9 billion acquisition of SimCorp, a Danish investment management software company, with plans to delist SimCorp from...
SEC hands $25m penalty to Deutsche Bank subsidiary for AML violations and ESG “misstatements”
The US Securities and Exchange Commission (SEC) imposes a $25 million penalty on DWS Investment Management Americas Inc. (DIMA), a subsidiary of Deutsche Bank,...
Singapore’s Grab pulls the plug on investment services citing non-viability
Singapore's super-app Grab is discontinuing its retail investment products, GrabInvest, as they are considered financially unviable.
FactsGrab is winding down its retail investment products,...
Bahrain’s Bank ABC taps JP Morgan for blockchain-based cross-border payment service
Bahrain-based Bank ABC is partnering with JP Morgan and the Central Bank of Bahrain (CBB) to introduce a blockchain-based cross-border payment service, aiming to...
