Business

Mal Raises $230M to Launch AI-Powered Islamic Digital Bank

Innovative banking aims to integrate AI with Islamic finance principles.Highlights: Mal raises $230 million for an AI-focused Islamic digital bank.The platform aims to blend technology with Islamic finance principles.This...

UK Government Appoints AI Champions, Strengthening Tech Leadership

Starling's CIO and Lloyd's AI Chief Named Key Figures in AI DevelopmentHighlights: Starling CIO and Lloyds AI Chief...

Zepz Strengthens Portfolio with Pomelo Acquisition to Expand Services

The remittance leader Zepz moves into the payments space with new purchase.Highlights: Zepz acquires Pomelo to broaden its...

HSBC Strengthens Legal Operations with AI Platform Pilot

The bank explores innovative solutions to enhance its legal workflows.Highlights: HSBC launches a pilot for an AI platform...

Argentinian Payments Player Pomelo Raises $55M, Boosting Fintech Potential

Funding aims to enhance payment solutions in Latin America.Highlights: Pomelo raises $55 million in a new funding round.Investment...
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Dutch central bank: Grants ibanXS PSD2 license

Dutch Central Bank (DNB) granted ibanXS, the first pan-European PSD2 Open Banking platform in the Netherlands, a PSD2 license ibanXS the fully operational...

Monevo: Appoints Lee Stretton as chief innovation officer

Monevo, Europe’s largest personal credit platform & API announced the appointment of Lee Stretton as Chief Innovation Officer Based at Monevo’s headquarters in...

Mastercard: Launches Global Cyber Forward programm in Dubai

Mastercard launched its Global Cyber Forward program in partnership with Dubai International Financial Centre (DIFC) Leading global financial center and largest fintech hub...

Bank of England: Convenes members of the public

Bank of England convenes members of the public and businesses to join the climate change debate Businesses and citizens from across the UK...

Barclays Accelerator: Powered by Techstars welcomes the New York class of 2021

Barclays a British universal bank diversified by business, by different types of customers and clients, and by geography Barclays excited to introduce latest class...

Santander UK: Appoints Rakshit Kapoor as chief data officer

Santander UK announces the appointment of Rakshit Kapoor as Chief Data Officer for Santander UK In his UK role, Rakshit be responsible for...

Emirates NBD: Posts 20% growth YoY in mobile remittance flows

Emirates NBD, a leading banking group in the MENAT region recorded an increase of over 20% in the number DirectRemit a digital money...

Belvo: Applies Open Banking to help lenders in Latin America

Belvo developed a new solution allows credit lenders in Latin America to get a real picture of their clients' income The solution uses...

HyperJar: Appoints David Riddell as chief commercial officer

The UK smart spending app, HyperJar appointed David Riddell as its new chief commercial officer Riddell responsible for merchant and partnership growth, international...
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