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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WealthKernel confirms Aqsa Tariq as new chief financial officer

Aqsa Tariq named Chief Financial Officer (CFO) of WealthKernel, a digital investment infrastructure provider. Tariq aims to enhance company growth through financial strategy execution....

ICYMI fintech funding round-up: Communion, CityPay & more

Weekly funding round-up featuring notable fintech funding announcements. FactsCommunion, a new savings app founded by Daniel Hegarty, raised £2.5 million in pre-seed funding. Investors...

Peoples Bank taps Corserv to launch credit card programme

Ohio-based Peoples Bank has teamed up with Corserv to introduce a comprehensive credit card program, offering 14 different credit card products to business and...

Adyen shares tank following underwhelming H1 2023 results

Shares in Adyen have plummeted to a three-year low due to disappointing H1 2023 earnings, attributed to slower growth, increased competition, and hiring challenges. Facts...

SEC brings the hatchet down on Wall Street’s bad recordkeeping with $289m in fines

The US Securities and Exchange Commission (SEC) has fined 11 Wall Street firms a total of $289 million for widespread "off-channel" communications using personal...

Paytech Matera acquires Brazilian AI firm Cinnecta for undisclosed sum

Matera, a US, and Brazil-based Playtech, has acquired Cinnecta, a Brazilian AI firm, to bring artificial intelligence to instant payments. FactsMatera, headquartered in Belo...

DLocal appoints Pedro Arnt as co-CEO while rumours of the firm’s potential sale continue

DLocal, a payments firm in emerging markets, names Pedro Arnt as co-CEO amid rumors of a possible sale. FactsDLocal appoints Pedro Arnt as co-CEO...

Mastercard Strive India launches to help small businesses go digital

Mastercard has introduced the Mastercard Strive India program, targeting the digital transformation of 500,000 Indian small businesses by 2025, focusing on micro-enterprises, women-led businesses,...

Singapore’s MVGX launches carbon SaaS subsidiary, appoints ex-BSI exec to take the lead

Singapore-based fintech MVGX launches a subsidiary, MVGX Tech, specializing in carbon Software-as-a-Service (SaaS) products and services, led by former BSI executive Frank Zhang. The...
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