Business

US Regional Banks Build Tokenized Deposit Network to Enhance Innovation

New collaboration aims to increase efficiency and client engagement.Highlights: US regional banks initiate a tokenized deposit network.Innovation focuses on improving efficiency in banking.Collaboration aimed at enhancing client engagement and...

New Banking License in Latvia Could Boost Market Entrants

Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase...

Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan

Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...

Citi Strengthens AI Infrastructure Banking Team with Investment in Japan

Citi aims to enhance its AI capabilities through strategic team formation and investment.Highlights: Citi forms a new AI-focused...

New York Finalizes BNPL Rules to Strengthen Consumer Protections

New regulations aim to enhance transparency in buy now, pay later services.Highlights: New York's final regulations for BNPL...
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Goldman Sachs Leads $70M Investment in Canadian Fintech Float Financial

Float Financial Secures Series B Funding to Expand Business Finance Solutions Highlights:$70 million Series B funding round led by Goldman Sachs. Float Financial offers...

DailyPay Names Former Uber CFO Nelson Chai Executive Chair

Nelson Chai to Lead Strategic Growth at DailyPay Highlights:Leadership Appointment: Nelson Chai appointed as Executive Chair of DailyPay. Extensive Experience: Chai brings over 30...

Equiniti Appoints Dan Kramer as CEO of Global Shareholder Services

Dan Kramer to Lead Unified Global Shareholder Services Division Highlights:Leadership Appointment: Dan Kramer appointed as CEO of Equiniti's Global Shareholder Services division. Unified Division:...

NomuPay Raises $37 Million to Unlock Asian Markets

Dublin-based Fintech Expands Unified Payments Platform Across Asia Highlights:$37 Million Fundraising: NomuPay completes third investment round, bringing total funding to nearly $90 million. Unified...

Axis Announces Proposed Redemption of Debentures Amid Strategic Asset Sale

Subheading Axis Auto Finance sets December 16, 2024, as the redemption date for its debentures, aligning with the anticipated sale of its auto loan assets...

Anduril and Palantir Partner to Enhance AI Capabilities for National Security

Subheading The collaboration between Anduril and Palantir aims to revolutionize national security with advanced AI solutions, addressing data readiness and scalability challenges. HighlightsStrategic Partnership: Anduril...

European Central Bank’s Digital Euro: Transforming Europe’s Financial Landscape

Subheading The European Central Bank's digital euro initiative aims to revolutionize Europe's financial system, enhancing security, efficiency, and financial inclusion. HighlightsInnovative Currency: The ECB's digital...

HSBC Reshapes Its Structure with New Leadership and Key Appointments

HSBC Restructures for Agility: HSBC is simplifying its organizational structure into four key businesses: International Wealth and Premier Banking (IWPB), Corporate and Institutional...

Mambu Acquires Numeral to Boost Payment Solutions and Expand Market Reach

Mambu Acquires Numeral: Dutch core banking technology provider Mambu has acquired French paytech Numeral to enhance its payment solutions and expand market reach....
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