Business

PRA Proposes New Standards to Protect Firms from Bank Runs

New measures aim to enhance financial stability amid economic uncertainties.Highlights: PRA introduces new standards to prevent bank runs.The proposals focus on risk management for financial firms.New measures aim to...

TSB Warns Over Surge in Friendship Fraud Cases

Bank highlights the risks of new friendship-based scams targeting customers.Highlights: TSB reports a rise in friendship fraud targeting...

Cleafy Strengthens Bank Fraud Protection with $12 Million Funding

The fintech firm aims to enhance its security solutions for digital banking.Highlights: Cleafy raises $12 million to enhance...

HSBC Strengthens Investment in Enterprise Payments Firm Candex

HSBC's latest investment aims to enhance enterprise payment solutions.Highlights: HSBC invests in Candex to improve payment technologies.The investment...

Mastercard Unveils New GenAI Model for Enhanced Payments Processing

The innovative model aims to streamline transactions and reduce fraud.Highlights: Mastercard launches a new GenAI model to improve...
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Santander: Spins off merchant payment business Getnet Brazil

Santander: Spins off merchant payment business Getnet BrazilSantander announced that its leading merchant payment business, Getnet Brazil, is expected to begin trading  The...

Westpac: Accredited as data recipient under Open Banking

Westpac: Accredited as data recipient under Open BankingWestpac is Australia’s oldest bank and company, one of four major banking organisations in Australia Supports...

DirectID: Announces Open Banking Sandboxing Functionality With Mockbank

DirectID: Announces Open Banking Sandboxing Functionality With MockbankDirectID is a global credit risk platform that is redefining the industry for both lenders and...

BNY Mellon: Joins trade finance blockchain network Marco Polo

BNY Mellon: Joins trade finance blockchain network Marco PoloBNY Mellon is a global investments company dedicated to helping its clients manage and service...

Chainalysis: Acquires Excygent

Chainalysis: Acquires ExcygentChainalysis has acquired Excygent, a specialized professional services firm that assists government agencies with cybercrime investigations Collaborated with the Excygent team...

ClearBank: Expands with new multi-currency offering

ClearBank: Expands with new multi-currency offeringClearBank the UK’s first new clearing bank in more than 250 years. It delivers a new level of...

WealthKernel: Announces its partnership with Claro Money

WealthKernel: Announces its partnership with Claro MoneyWealthKernel, a wealthtech provider of digital investment services announces its partnership with Claro Money Claro Money use...

United Fintech: Jeremy Gzaiel joins as Senior Sales Executive

United Fintech: Jeremy Gzaiel joins as Senior Sales ExecutiveUnited Fintech acquires and scales innovative fintech companies in the capital market space Jeremey Gzaiel...

Sentinels: Welcomes YouWorld as its first customer for Asia-Pacific

Sentinels: Welcomes YouWorld as its first customer for Asia-PacificSentinels is an intelligent transaction monitoring solution dedicated to data-driven compliance for the financial industry ...
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