Business

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless last year.Growing preference for cashless payments among consumers.Survey indicates a major...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...

Citi and HSBC Invest in Trading Tech Player Adaptive, Boosting Innovation

This investment aims to enhance financial trading technology solutions.Highlights: Citi and HSBC jointly invest in trading tech company...
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Binance: Partnership with Swipe for debit card launch

Binance: Partnership with Swipe for debit card launchBinance has confirmed a partnership with Swipe for its debit card launch in a now-deleted webpage ...

UK Finance: Responds to FCA announcement

UK Finance: Responds to FCA announcementUK Finance members have offered over 27 million interest-free overdrafts, provided 992,400 payment deferrals on credit cards Lenders also...

eCapital: Acquires Prosperity Funding

eCapital: Acquires Prosperity FundingeCapital Corp. acquired 100% of the ownership equity of Prosperity Funding Inc., a Fort Lauderdale-based factoring company. The amount of...

Apple: Acquires Fleetsmith To Move Into Mobile Device Management Sector

Apple: Acquires Fleetsmith To Move Into Mobile Device Management SectorWith this acquisition, Apple is moving into a mobile device management industry where big...

GME Resources: Announces $1.5M entitlement offer

GME Resources: Announces $1.5M entitlement offerGME Resources (GME) has announced a 1:10 renounceable entitlement issue to raise up to $1.5 million More than...

Contis: Launches ‘quick migration’ to support Wirecard customers

Contis: Launches ‘quick migration’ to support Wirecard customersDesigned an immediate solution for Wirecard’s European clients to rapidly migrate their complete payments needs Contis can implement new...

BNY Mellon: Deliver Real-Time Account Validation Services

BNY Mellon: Deliver Real-Time Account Validation ServicesBNY Mellon a global investments company dedicated to helping its clients manage Announced a collaboration with risk...

Oxbury: Selected ClearBank as its provider for clearing and payments

Oxbury: Selected ClearBank as its provider for clearing and paymentsThrough ClearBank’s cutting-edge cloud-based banking platform, Oxbury will gain full access to the UK...

FraudScope: Raises $7M in Series A Funding

FraudScope: Raises $7M in Series A FundingFraudScope, an Atlanta, GA-based AI-based platform for health plans to address the problem of fraud, waste, and...
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