Business

New Banking License in Latvia Could Boost Market Entrants

Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase competition in financial services.The initiative is expected to attract new players...

Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan

Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...

Citi Strengthens AI Infrastructure Banking Team with Investment in Japan

Citi aims to enhance its AI capabilities through strategic team formation and investment.Highlights: Citi forms a new AI-focused...

New York Finalizes BNPL Rules to Strengthen Consumer Protections

New regulations aim to enhance transparency in buy now, pay later services.Highlights: New York's final regulations for BNPL...

Visa Accelerates AI Leadership in Payment Industry Race

Visa's push for AI supremacy shapes the future of financial technology.Highlights: Visa increases investment in AI technology.The payment...
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Mercedes-Benz drives in-car fuel payments through new Mastercard partnership

Mercedes-Benz has partnered with Mastercard to allow customers in Germany to pay for fuel directly from their cars, offering a convenient in-car payment solution. Facts...

Fairer Finance appoints Tim Hogg as director to strengthen Consumer Duty expertise

Fairer Finance, a London-based research and ratings agency, appoints Tim Hogg as director to bolster its expertise in the UK's Consumer Duty and enhance...

Santander reorganises structure to streamline operations

Santander's CEO, Hector Grisi, is implementing a major restructuring to enhance operational efficiency and profitability, dividing the bank into five core segments and creating...

Akber Jaffer named as SmartStream’s new CEO

SmartStream, a UK-based financial transaction lifecycle management solutions provider, has named Akber Jaffer as its new CEO, starting from September 19. FactsAkber Jaffer is...

Solaris reportedly struggling to raise funds to fulfil a major credit card deal – FT

Cookies Preference Center allows you to manage your website cookie preferences, impacting your online experience. FactsWhen you visit a website, it may use cookies...

Lithuanian credit union group Kreda taps Amlyze for AML and compliance services

Kreda has chosen Lithuanian regtech company Amlyze as its preferred provider of anti-money laundering and compliance services, aiming to modernize its compliance standards. FactsKreda,...

MoneyMasters goes live with Profile Software’s Axia Suite for digital wealth management

Jamaican asset management firm MoneyMasters has replaced its in-house wealth management tools with Profile Software's Axia Suite, aiming to enhance its digital offerings and...

CardsPal founder and CEO Saim Yeong Harng steps down three months after Utu acquisition

Saim Yeong Harng, founder and CEO of CardsPal, steps down three months after its acquisition by Utu, a travel fintech company. FactsFounded in 2019...

Fujitsu launches joint trials with Hokuhoku Financial Group to explore generative AI use cases

Japan's Fujitsu and Hokuhoku Financial Group are conducting joint trials to explore the use of generative AI in banking operations. FactsFujitsu and Hokuhoku Financial...
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