Business

Business Banking Fintech Slash Reaches Unicorn Status

The fintech startup achieves a valuation of over $1 billion.Highlights: Slash has been valued at over $1 billion.The startup specializes in business banking solutions.Unicorn status highlights growth in the...

Amex Strengthens Digital Services with AI Expense Management Acquisition

American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...

UK Banks Strengthen Cybersecurity with Anthropics Mythos Model

New collaboration enhances banks' defense against cyber threats.Highlights: UK banks to access Anthropics Mythos model in the upcoming...

UK Banks to Gain Access to Anthropic Cybersecurity Model Next Week

New collaboration enhances cybersecurity for UK banking institutions.Highlights: UK banks set to access Anthropic's cybersecurity model soon.Collaboration aims...

ABN AMRO Expands Access to Crypto Investments

The bank now offers clients direct access to cryptocurrency.Highlights: ABN AMRO now allows clients to invest in cryptocurrency...
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Trintech snaps up Fiserv’s financial reconciliation business

Trintech, a Texas-based financial close software provider, has acquired Fiserv's financial reconciliation business, including two reconciliation solutions, Frontier Reconciliation and Accurate Reconciliation. The acquisition...

Germany’s N26 appoints new chief risk officer, Carina Kozole

German digital bank N26 appoints Carina Kozole as its new Chief Risk Officer (CRO) and Managing Director of N26 AG, with extensive experience in...

US earned wage access start-up Immediate bags fresh funding, expands credit facility

Alabama-based fintech start-up Immediate, which provides an earned wage access solution to enhance employees' financial wellness and break cycles of debt, has secured $16...

UBS to pay $388m in fines relating to Credit Suisse’s doomed dealings with Archegos

Credit Suisse and UBS Group AG will pay fines totaling $388 million due to Credit Suisse's risk management failures related to its dealings with...

GAT Investment Bank taps Currencycloud for new app launch

GAT Investment Bank partners with Currencycloud to launch GAT Money, a global banking app, providing access to competitive FX rates and a cross-border collections...

NatWest chief exec Alison Rose steps down with immediate effect

Alison Rose steps down as the group chief executive of NatWest Group after discussing Nigel Farage's relationship with the bank with a journalist, admitting...

Vietnamese fintech start-up Gimo secures $17m in Series A funding

Vietnamese fintech start-up Gimo has raised $17.1 million in a Series A funding round led by TNB Aura, with existing and new investors, to...

Banco Santander, BBVA and CaixaBank team up to tackle fraud with FrauDfense

Three Spanish banking giants, Banco Santander, BBVA, and CaixaBank, have united to combat financial fraud by establishing FrauDfense, a joint venture focused on sharing...

PSR delivers update on progress of New Payments Architecture

The UK's Payment Systems Regulator (PSR) has outlined its plans for the New Payments Architecture (NPA) program, aiming to enhance interbank payments and consolidate...
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