Business

Santander Strengthens AI Investments, Targets $1 Billion Business Value

Bank looks to boost efficiency and innovation through AI initiatives.Highlights: Santander aims to create $1 billion in business value through AI.The bank focuses on enhancing operational efficiency with technology.Investments...

FCA Strengthens Borrowers’ Credit Files with New Guidelines

UK regulator targets improved credit reporting for consumers.Highlights: FCA issues new guidelines for clearer credit reporting.Guidelines aim to...

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...

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...

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...
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Mastercard Invests in WeMoney: $12M Series A Boosts Australian Fintech

WeMoney secures $12 million in Series A funding, with Mastercard joining forces to revolutionize financial wellness and open banking in AustraliaHighlights:WeMoney raises $12...

SSV Smart Pay Secures $5 Million Funding to Drive Fintech Innovation

Achieving a $30 million valuation, SSV Smart Pay sets sights on transforming digital payment solutionsHighlights:SSV Smart Pay successfully raises $5 million in a...

Trulioo Partners with PingPong Payments to Revolutionize Cross-Border Transactions

Enhancing global payment solutions with advanced business verification and compliance technologyHighlights:Trulioo's Business Verification and Watchlist Screening technology will streamline PingPong Payments' onboarding process. ...

Luma Secures $63M Series C Funding to Transform Structured Finance

Big banks back Luma's innovative platform for alternative investments and annuitiesHighlights:Luma Financial Technologies raises $63M in Series C funding, led by Sixth Street...

Belvo Secures $15M to Advance Open Finance in Latin America

Empowering financial institutions with cutting-edge data and payment solutionsHighlights:Belvo raises $15M to expand its Open Finance product suite and enhance AI capabilities. The...

Bolt’s SuperApp: Simplifying Crypto and Everyday Payments

A unified platform for seamless financial transactions, rewards, and peer-to-peer paymentsHighlights:Bolt's SuperApp integrates crypto transactions, debit payments, and peer-to-peer transfers into a single...

Swift’s Case Management Tool Revolutionizes Late Payment Investigations

A groundbreaking solution to streamline payment investigations, reduce costs, and enhance customer experienceHighlights:Swift's new tool standardizes payment investigation processes, leveraging ISO 20022 data...

Aleta Planet Launches MPLUS Aleta: Empowering Cashless Payments for Muslim Communities

Singapore fintech Aleta Planet introduces MPLUS Aleta, revolutionizing digital payments for Muslim consumers and businesses in Southeast AsiaHighlights:Aleta Planet unveils MPLUS Aleta, a...

MoneyLion stockholders back Gen Digital acquisition

MoneyLion's stockholders greenlight Gen Digital's $1 billion acquisition, paving the way for transformative growth in digital financeHighlights:MoneyLion stockholders have approved Gen Digital's $1...
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