Business

Currenxie Launches Cross-Border Payments Account for SMEs in the UK

New service aims to streamline international transactions for small businesses.Highlights: Currenxie launches a new account for cross-border payments targeting UK SMEs.The service simplifies international transactions for small businesses.Enhanced financial...

Coinbase Expands Services by Adding Stock Trading for US Customers

New feature allows users to trade stocks alongside cryptocurrencies.Highlights: Coinbase introduces stock trading for US customers.Users can now...

Commonwealth Bank Unveils $90M Plan for AI-Ready Workforce

Investment targets workforce development in the age of artificial intelligence.Highlights: Commonwealth Bank invests $90 million in AI workforce...

Royal Bank of Canada Strengthens AI Capabilities with New Dedicated Team

The initiative aims to enhance customer experience and drive innovation.Highlights: Royal Bank of Canada establishes a dedicated AI...

Stripe and PayPal Ventures Back India’s xFlow with New Investment

Funding aims to expand xFlow's payment solutions in the Indian market.Highlights: Stripe and PayPal Ventures invest in India's...
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Five credit unions tap MDT to deploy Banno Digital Banking Platform

Five US credit unions have joined forces with Member Driven Technologies (MDT) to utilize the Banno Digital Banking Platform by Jack Henry. FactsFive credit...

Brazilian fintech Nomad secures $61m in fresh funding

Nomad, a Brazil-based fintech enabling Brazilians to open US bank accounts, has secured $61 million in a Series B funding round led by Tiger...

Colendi lands banking licence to become Turkey’s first digital deposit bank

Colendi has received a banking license from Turkey's BRSA, allowing it to launch the country's first digital deposit bank, named ColendiBank. This move enables...

UK’s Financial Conduct Authority to step up protections for cash access

The UK's Financial Conduct Authority (FCA) is introducing new protections for cash deposit and withdrawal services in response to a parliamentary request. FactsThe FCA...

FullCircl reinforces compliance suite with W2 Global Data Solutions acquisition

UK-based customer lifecycle intelligence platform FullCircl acquires W2 Global Data Solutions to strengthen its compliance offerings, adding 120 new customers and expanding its global...

SEC hands fintech investment advisor Titan $850,000 penalty for misleading clients

The US SEC fines Titan Global Capital Management $850,000 for misleading investors with hypothetical performance metrics and compliance failures. FactsTitan Global Capital Management USA...

US fintech Stash names Chien-Liang Chou as new CTO

Stash, the US-based investing and banking app, has appointed Chien-Liang Chou as its new chief technology officer (CTO). FactsChien-Liang Chou is Stash's new CTO,...

AI-powered conversational payments to launch on India’s UPI

RBI plans to introduce conversational payments to India's UPI, leveraging AI for secure transactions through voice commands, aiming to enhance financial inclusion. FactsRBI will...

Cynergy Bank lands £20m funding from British Business Investments

UK-based Cynergy Bank secures a £20 million Tier 2 capital facility from British Business Investments to accelerate its growth plans. FactsCynergy Bank has secured...
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