Business

PayPal Draws Takeover Interest Amid Market Changes

Bloomberg reports on potential acquisition speculations surrounding PayPal.Highlights: PayPal has caught the attention of potential buyers, according to Bloomberg.Increasing interest in fintech acquisitions amid market shifts.Market analysts speculate on...

Chase Accelerates Expansion with 160 New Branches by 2026

The banking giant aims to enhance accessibility for customers across the U.S.Highlights: Chase plans to open 160 new...

Figure Technologies Data Breach Affects Nearly One Million Accounts

Cybersecurity incident exposes sensitive information of Figure Technologies users.Highlights: Nearly one million accounts affected by Figure Technologies breach.Sensitive...

Engine by Starling Partners with SBS Bank to Strengthen New Zealand Banking

SBS Bank integrates Engine's technology to enhance digital services.Highlights: Engine by Starling partners with SBS Bank for digital...

JPMorgan Fined $12.18 Million for Risk Reporting Violations

ECB penalizes JPMorgan for serious lapses in risk reporting accuracy.Highlights: JPMorgan fined $12.18 million by the ECB.Penalties stem...
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Mastercard and Bankiom to launch virtual prepaid cards across the GCC

Mastercard has partnered with Bankiom, a UAE-based banking app, to launch virtual prepaid cards across the Gulf Cooperation Council (GCC) region. This collaboration aims...

ICYMI fintech funding round-up: Kanastra, Majority & Cloudbanking

Here are the key funding updates in the fintech industry:Brazil-based Kanastra raises $13 million in a seed round to enhance its capital markets...

Diamond Trust Bank in treasury management tech revamp with Profile Software

Diamond Trust Bank (DTB) has implemented Profile Software's treasury management system, Acumen.plus, in a revamp of its treasury technology. The cloud-native platform enables straight-through...

Belgium’s Keytrade Bank selects Infosys Finacle suite for core banking overhaul

Belgium's Keytrade Bank has selected Infosys Finacle as its preferred partner to modernize its core banking system. The collaboration aims to enhance the bank's...

Justt applies AI to chargeback mitigation

Justt, a chargeback mitigation innovator, has launched a new suite of machine learning powered capabilities to revolutionize chargeback management. These features provide merchants with...

Kroo raises current account interest rates to 3.85%

Kroo, a fully licensed UK digital bank, has announced an increase in its current account interest rate to 3.85% AER on 1 July 2023....

NIBC signs five-year extension to Sopra Banking contract

Sopra Banking Software and NIBC have extended their contract for another five years, continuing their partnership to support NIBC's savings bank activities in Belgium...

Discover launches fund to support firms working on financial health in Delaware

Discover Bank has launched the Discover Financial Health Improvement Fund, a mission-driven investment fund aimed at supporting startups and technology companies working on solutions...

United States Bank taps Bankjoy for online and mobile

United State Bank has partnered with Bankjoy to enhance its digital banking offerings and provide a more modern and intuitive online and mobile banking...
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