FinTech

US Regional Banks Build Tokenized Deposit Network to Enhance Innovation

New collaboration aims to increase efficiency and client engagement.Highlights: US regional banks initiate a tokenized deposit network.Innovation focuses on improving efficiency in banking.Collaboration aimed at enhancing client engagement and...

New Banking License in Latvia Could Boost Market Entrants

Latvia introduces banking license to encourage competition in the financial sector.Highlights: Latvia's new banking license aims to increase...

Citi Forms AI-Focused Infrastructure Banking Team and Makes First Investment in Japan

Citi aims to enhance its infrastructure banking presence with AI-driven strategies.Highlights: Citi has launched an AI-focused infrastructure banking...

Citi Strengthens AI Infrastructure Banking Team with Investment in Japan

Citi aims to enhance its AI capabilities through strategic team formation and investment.Highlights: Citi forms a new AI-focused...

New York Finalizes BNPL Rules to Strengthen Consumer Protections

New regulations aim to enhance transparency in buy now, pay later services.Highlights: New York's final regulations for BNPL...
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CGS International in Singapore taps Broadridge for securities finance platform

CGS International, a Singapore-based financial services provider, has selected Broadridge's Securities Finance and Collateral Management (SFCM) platform to enhance its securities finance offering. ...

UK challenger OneBanx appoints Javed Anjum as new CEO

Javed Anjum has been appointed as the new CEO of UK-based challenger OneBanx. Anjum, who was previously a board member at OneBanx and...

Banking veteran Marc Page hired by Metro Bank as CFO

Metro Bank has appointed Marc Page, formerly of Barclays, as its new Chief Financial Officer (CFO), effective from 2 September. Page, who has...

Indonesian fintech start-up Wagely lands $23m in mix of equity and debt financing

Wagely, a financial wellness app based in Indonesia, has secured $23 million in a funding round comprising both equity and debt financing. The...

Lloyds Bank backs new £62m community development fund

Lloyds Banking Group is leading a £62 million investment in the Community Investment Enterprise Fund (CIEF), which aims to support small businesses in...

Deel acquires Africa-based payroll company PaySpace

HR solutions fintech Deel has acquired payroll and HR company PaySpace for an undisclosed amount. PaySpace, founded in 2002 and based in South...

Mexico’s Ziff acquires digital lending start-up Arrenda

Mexico-based fintech Ziff has completed the acquisition of digital lending start-up Arrenda for an undisclosed sum. Through this deal, Ziff gains control of...

Online pension provider PensionBee announces US expansion plan

UK-based online pension provider PensionBee is set to expand into the US market through an exclusive, non-binding term sheet with an unnamed US...

Avenue Bank lands full banking licence from Australian Prudential Regulation Authority

Avenue Bank, a digital business bank based in Sydney, Australia, has received an unrestricted banking license from the Australian Prudential Regulation Authority (APRA). ...
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