Business

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless last year.Growing preference for cashless payments among consumers.Survey indicates a major...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...

Citi and HSBC Invest in Trading Tech Player Adaptive, Boosting Innovation

This investment aims to enhance financial trading technology solutions.Highlights: Citi and HSBC jointly invest in trading tech company...
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Bitcoin Group SE: Plans takeover of Bankhaus von der Heydt

Bitcoin Group SE: Plans takeover of Bankhaus von der HeydtBitcoin Group SE has signed an agreement with the owner of Bankhaus von der...

Facctum: Releases open API

Facctum: Releases open APIFacctum is a new technology company specializing in risk decisioning. The purpose is to enable businesses better decisions Announces the launch...

Matera: Jump into the U.S. Market

Matera: Jump into the U.S. MarketMatera is a trusted technology provider of instant payment, QR code payment, and core banking solutions for financial institutions ...

TradeSun: Acquires leading ESG company

TradeSun: Acquires leading ESG companyTradeSun is an innovator and leader in trade digitalization award-winning AI-powered platform for trade finance processing Acquired data company...

The Bank of London: Becomes DCSP of Bacs

The Bank of London: Becomes DCSP of BacsThe Bank of London launched 30th November 2021 as the sixth principal clearing bank of the...

Fund Recs: Automate EMIR Reconciliation for Neuberger Berman

Fund Recs: Automate EMIR Reconciliation for Neuberger BermanFund Recs develops cloud based reconciliation software for the global Funds Industry Announced that its Velocity...

TreviPay: Acquires Apruve

TreviPay: Acquires ApruveTreviPay is the global B2B payments and invoicing network built to optimize trade between buyers and sellers Announced the signing of a...

Finastra & Veem: Announce Partnership to Equip Banks with Digital AP and AR Solutions

Finastra & Veem: Announce Partnership to Equip Banks with Digital AP and AR SolutionsFinastra is a global provider of financial software applications and...

Bevan Money: Names Sopra Banking Software as preferred supplier

Bevan Money: Names Sopra Banking Software as preferred supplierBevan Money, a digitally focused start-up that will provide retail mortgage and savings products to...
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