Business

Augmentum Fintech Accepts £186M Cash Takeover Offer

The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover offer.This acquisition is a major event in the UK fintech sector.The...

New Banking License in Latvia Strengthens Market Entry Opportunities

Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to...

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...

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...
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Zazu Set to Transform SME Banking in Africa

Former Solaris executives Rinse Jacobs and Germain Bahri are launching Zazu, a Cape Town-based fintech designed to empower underserved small and medium enterprises...

Brian Harkin Joins Centrus as Director of Technology and Innovation

Brian Harkin, a financial services veteran with over 30 years of experience, has been appointed as the new director of technology and innovation...

Centrus Appoints Brian Harkin as Director of Technology and Innovation

Centrus, a UK-based corporate finance firm, has appointed Brian Harkin as its new director of technology and innovation. With over 30 years of...

Mesa Launches Homeowners Credit Card with Mortgage Rewards

Mesa, a U.S.-based homeowner membership platform, has introduced the Mesa Homeowners Card, a premium credit card that rewards mortgage payments and home-related purchases. ...

Gate City Bank Enhances Digital Banking with Alkami Technology Partnership

Gate City Bank, a North Dakota-based financial institution managing $3.6 billion in assets, has partnered with Alkami Technology to enhance its digital banking...

UK Government Unveils Plans to Boost Growth and Competitiveness in Financial Services

The UK government, led by Chancellor Rachel Reeves, has announced a strategic plan to enhance growth and competitiveness in financial services. Key highlights include:...

FCA Fines Metro Bank £16.7M Over Inadequate Financial Crime Controls

The Financial Conduct Authority (FCA) has imposed a £16.7 million fine on Metro Bank due to failures in its financial crime monitoring systems...

Neo Financial Secures $258M in Series D to Drive Growth in Canadian Fintech Market

Neo Financial, a Canadian fintech headquartered in Calgary and Toronto, has raised CAD 360 million ($258.3 million) in a Series D funding round,...

Zand Bank Partners with Alibaba Cloud and Ant Digital to Boost AI and Fintech Services in UAE

Dubai's digital challenger Zand Bank has partnered with Alibaba Cloud and Ant Digital Technologies to advance generative AI, blockchain, and payment technologies for...
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