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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Intel: Investing $253.5 million in India’s Reliance Jio Platforms

Intel: Investing $253.5 million in India’s Reliance Jio PlatformsIntel said on Friday it will invest $253.5 million in Jio Platforms, joining a roster...

Bank of America: Partnership With iHeartMedia

Bank of America: Partnership With iHeartMediaPartnership With iHeartMedia to Bring First-of-Its-Kind National Audio News Service to the Black Community Black Information Network the...

Rabo Frontier Ventures: Partners with HV Holtzbrinck Ventures

Rabo Frontier Ventures: Partners with HV Holtzbrinck VenturesRFV is a €150 million investment fund of Rabobank, focusing globally on innovative Fintech and Agtech...

FSB: Statement on the impact of COVID-19 on global benchmark reform

FSB: Statement on the impact of COVID-19 on global benchmark reformThe Financial Stability Board (FSB) has discussed the impact of COVID-19 on global...

Envestors: Raises £2M in Funding

Envestors: Raises £2M in FundingEnvestors, a digital marketplace to connect UK startups and investors, raised £2M in funding The company intends to use...

Walmart: Partners with Tribeca

Walmart: Partners with TribecaWalmart partners with Tribeca to turn 160 store parking lots into drive-in theaters Just ahead of the Fourth of July...

TransferWise: Plugs two Swiss banks into API

TransferWise: Plugs two Swiss banks into APIEnabling financial institutions the ability to surface best in class international transfer experience within their banking app ...

Cloud9 Technologies: Raises Another $17.5M

Cloud9 Technologies: Raises Another $17.5MRaises Another $17.5M to Bring Voice Conversations to the Forefront for Institutional Traders For the first time in history,...

Allfunds: Appoints Bruno Piffeteau as Country Head of France

Allfunds: Appoints Bruno Piffeteau as Country Head of FranceAllfunds, the world's leading wealthtech and fund distribution provider, has reinforced its Paris team by...
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