Business
FinTech
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 integrate AI technologies.The initiative aims to enhance operational efficiency across the...
FinTech
Allica Bank Achieves Unicorn Status After $155 Million Series D Funding
The bank's latest funding round propels it to a valuation exceeding $1 billion.Highlights: Allica Bank raises $155 million...
FinTech
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...
FinTech
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...
FinTech
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...
IFX Payments to Acquire Argentex Group: A Strategic Move in FX and Payments
IFX Payments announces agreement to acquire Argentex Group, enhancing its FX risk management and institutional offeringsHighlights:IFX Payments reaches an agreement to acquire Argentex...
AfriGIS Unveils Resolve Water: A Game-Changer in Climate Risk Solutions
SFLive Hackathon winners AfriGIS launch Resolve Water to empower businesses with climate and water risk intelligenceHighlights:AfriGIS wins the 2024 SFLive Hackathon with Resolve...
LendMN Secures $20M to Boost Financial Inclusion in Mongolia
Mongolian fintech LendMN raises $20 million to empower underbanked communities and MSMEs with digital financial solutionsHighlights:LendMN raises $20 million to enhance financial accessibility...
Flex Expands Consumer Reach with Strategic Maza Acquisition
Flex's $40M acquisition of Maza aims to revolutionize financial solutions for small business owners and Spanish-speaking communitiesHighlights:Flex acquires Maza in a $40M deal...
CME Group Launches XRP Futures: A New Era in Crypto Derivatives
Exploring the impact of XRP futures on institutional and retail trading strategiesHighlights:CME Group plans to launch XRP futures on May 19, offering both...
EU Central Banks Pioneer Synchronised Settlement in FX Transactions
Exploring the future of cross-border payments with distributed ledger technologyHighlights:EU central banks, in collaboration with the BIS, have successfully tested synchronised settlement for...
Revolut’s Karma System: Linking Risky Behavior to Staff Bonuses
How Revolut's innovative approach to compliance is reshaping corporate cultureHighlights:Revolut's proprietary Karma system tracks employee behavior against risk and compliance processes, directly influencing...
Toku Secures $48M Series A: Revolutionizing Accounts Receivable in Latin America
Toku raises $48 million in Series A funding to modernize payment collections and drive efficiency for enterprises across Latin AmericaHighlights:Toku raises $48 million...
SC Ventures Sells Solv India to Jumbotail: Transforming India’s B2B E-Commerce Landscape
Jumbotail acquires SC Ventures-incubated Solv India, creating a multi-category B2B platform to empower kiranas and MSMEsHighlights:SC Ventures sells Solv India, a supply chain...

