Business

PayPal Draws Takeover Interest Amid Market Changes

Bloomberg reports on potential acquisition speculations surrounding PayPal.Highlights: PayPal has caught the attention of potential buyers, according to Bloomberg.Increasing interest in fintech acquisitions amid market shifts.Market analysts speculate on...

Chase Accelerates Expansion with 160 New Branches by 2026

The banking giant aims to enhance accessibility for customers across the U.S.Highlights: Chase plans to open 160 new...

Figure Technologies Data Breach Affects Nearly One Million Accounts

Cybersecurity incident exposes sensitive information of Figure Technologies users.Highlights: Nearly one million accounts affected by Figure Technologies breach.Sensitive...

Engine by Starling Partners with SBS Bank to Strengthen New Zealand Banking

SBS Bank integrates Engine's technology to enhance digital services.Highlights: Engine by Starling partners with SBS Bank for digital...

JPMorgan Fined $12.18 Million for Risk Reporting Violations

ECB penalizes JPMorgan for serious lapses in risk reporting accuracy.Highlights: JPMorgan fined $12.18 million by the ECB.Penalties stem...
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Datavant Acquires DigitalOwl to Enhance Healthcare Data Platform

Datavant’s latest acquisition of AI-powered medical data firm DigitalOwl will bolster its health record retrieval, analytics, and data collaboration offerings for insurance and legal...

Zilch Appoints Former American Express Exec Boriana Tchobanova as COO to Drive Growth

Boriana Tchobanova joins Zilch as Chief Operating Officer, bringing 15 years of Amex experience to lead major initiatives, unlock revenue opportunities, and boost operational...

PayPal Offloads $7B in US BNPL Receivables to Blue Owl Funds

PayPal and Blue Owl Capital enter a two-year agreement under which Blue Owl will acquire approximately $7 billion of PayPal’s US “Pay in 4”...

North West Mutual Prepares for UK Launch in 2027 to Serve Regional Customers

The newly proposed mutual bank for the North West of England gears up for its 2027 launch, with plans for branch rollout, banking license...

Citi Sells 25% Stake in Banamex to Fernando Chico Pardo for $2.3B

Citigroup agrees to sell a quarter of its Banamex unit to prominent Mexican businessman Fernando Chico Pardo, marking a major step in its ongoing...

MBSB Becomes First Malaysian Bank to Integrate Wise Platform for Global Remittances

Malaysia’s MBSB Bank partners with Wise to launch “Global Easy Transfer (GET)”, enabling customers to send international remittances up to RM100,000 daily with better...

Finova Appoints David Espley as CTO to Lead Innovation & Technology Strategy

Mortgage and savings software provider Finova hires David Espley as Chief Technology Officer to scale its product suite, push AI and cloud adoption, and...

Zilo Raises $20M Series A2 to Accelerate Transfer Agency Fintech Growth

Transfer-agency fintech Zilo secures $20 million in Series A2 funding to scale its platform, expand globally, and launch AI-powered tools for asset and wealth...

FCA Regulator Neil Treloar Joins Qomply as COO to Accelerate Global Compliance Expansion

Former FCA senior official Neil Treloar has joined Qomply as Chief Operating Officer, as the regtech firm seeks to strengthen operations and scale its...
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