Business

FCA Announces Second Cohort for AI Live Testing Initiative

New phase aims to improve integration of AI in financial services.Highlights: FCA launches second cohort for AI live testing.Focus on enhancing AI integration in financial services.Participants will explore regulatory...

Cab Payments Strengthens Case Against Helios Blocking Takeover Bid

Cab Payments contests Helios Investment's actions regarding merger talks.Highlights: Cab Payments accuses Helios of blocking a crucial takeover...

Ex-Stripe Team Secures $75 Million to Boost Operations Platform

Funding aims to enhance operations for businesses in various sectors.Highlights: Ex-Stripe founders raise $75 million for operations platform.The...

Government Advances Reforms to Secure UK Payments Sector

New initiatives aim to enhance the resilience and efficiency of the payments landscape.Highlights: UK government proposes new reforms...

WealthCom Secures $65M Funding Boost for Expansion

The investment aims to enhance service offerings and accelerate growth.Highlights: WealthCom raises $65 million in Series B funding.New...
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Urban Angehrn steps down as CEO of FINMA

FINMA announces the departure of CEO Urban Angehrn, with Birgit Rutishauser set to become interim CEO as part of the leadership transition. FactsUrban Angehrn,...

ICYMI fintech funding round-up: GenTwo, Momnt, myZoi, Treyd, Firstcard & more

Fintech companies secure significant funding rounds to fuel expansion and innovation in various sectors, from securitisation to B2B payments and crypto payments. FactsGenTwo has...

UK challenger Zopa looks to accelerate growth with £75m funding

UK challenger bank Zopa has secured £75 million in Tier 2 capital to support its growth plans, bringing its total capital raised to £530...

US fintech Ampla secures $258m credit facility with Goldman Sachs and Atalaya

Ampla, a New York-based financial solutions provider, secures a $258 million credit facility from Goldman Sachs and Atalaya Capital Management, supporting its growth capital...

UK paytech Form3 names former NatWest exec Matt Tuck as new CCO

London-based paytech Form3 appoints Matt Tuck as its new Chief Commercial Officer (CCO) with over 35 years of financial services experience. FactsEffective from 11...

NatWest names Rick Haythornthwaite as new chair to succeed Sir Howard Davies

British business executive Richard 'Rick' Haythornthwaite appointed as the new chair of NatWest Group's board, succeeding Sir Howard Davies. FactsRichard Haythornthwaite to join the...

Saudi Awwal Bank taps Wise for international money transfers

Saudi Awwal Bank (SAB) has teamed up with UK fintech Wise to offer its customers fast and secure international remittance services, aligning with Saudi...

Monzo announces new feature to help protect customers against impersonation scams

Monzo, a UK-based digital bank, has introduced a new 'call status' feature in its app to protect its eight million customers from impersonation scams,...

UK start-up Perenna secures unrestricted banking licence from FCA and PRA

Mortgage bank Perenna obtains an unrestricted banking license from the FCA and PRA, allowing it to introduce long-term fixed-rate mortgages in the UK, aiming...
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