Business

Revolut Strengthens Stablecoin Efforts in Collaboration with FCA

The fintech firm joins a select group to explore stablecoin regulations.Highlights: Revolut partners with FCA for stablecoin testing.The partnership aims to explore stablecoin regulations.Only a few firms are involved...

Stripe Considers PayPal Acquisition, Strengthening Market Position

Reported interest in acquiring PayPal could reshape the fintech landscape.Highlights: Stripe is reportedly considering acquiring PayPal.This acquisition could...

Santander Strengthens AI Investments, Targets $1 Billion Business Value

Bank looks to boost efficiency and innovation through AI initiatives.Highlights: Santander aims to create $1 billion in business...

FCA Strengthens Borrowers’ Credit Files with New Guidelines

UK regulator targets improved credit reporting for consumers.Highlights: FCA issues new guidelines for clearer credit reporting.Guidelines aim to...

JPMorgan Strengthens Workforce with AI-Focused Staff Redeployment

The bank aims to enhance efficiency by restructuring roles for AI integration.Highlights: JPMorgan is redeploying staff to better...
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LC Financial Holdings completes acquisition of BCM Global for undisclosed sum

LC Financial Holdings (LCFH) has completed its acquisition of BCM Global, a European credit specialist, expanding its financial services portfolio and strengthening its presence...

Diego De Giorgi named as new group CFO of Standard Chartered

Standard Chartered appoints Diego De Giorgi as its new Group Chief Financial Officer (GCFO) and Group Executive Director (GED), succeeding Andy Halford. FactsDe Giorgi...

Ugandan fintech Asaak acquires FlexClub Mexico for undisclosed sum

Ugandan fintech firm Asaak has acquired FlexClub Mexico, renaming it Asaak Mexico, as part of its expansion into the Latin American market, aiming to...

Banking Circle joins forces with Fifa Clearing House

Banking Circle partners with FIFA Clearing House to streamline international player transfer payments. FactsBanking Circle, a tech-led payments bank, collaborates with FIFA Clearing House...

Deutsche Bank reportedly makes contact with digital investment fintech Scalable Capital

Deutsche Bank is in early-stage talks with Scalable Capital, a digital investment and broker platform, for a potential investment or partnership deal. FactsDeutsche Bank...

Scotiabank shakes up senior leadership team with new appointments

Canadian banking giant Scotiabank has made several key appointments to its senior leadership team, including the creation of a new role for digital transformation...

Temenos Country Model Banks set for European expansion with Orion license agreement

Swiss banking vendor Temenos has partnered with Orion Innovation to license and develop Temenos Country Model Banks for financial institutions in Ireland, Bulgaria, Hungary,...

iBanFirst appoints former SocGen strategist Julien Molez as COO

iBanFirst, a cross-border payments platform based in Brussels, has appointed Julien Molez, a former AI and data strategist at Société Générale, as its new...

LHV Bank taps Raisin UK to enter the personal savings market

LHV Bank has partnered with Raisin UK to launch personal savings offerings in the UK, including fixed-term, notice, and easy-access savings accounts, with the...
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