FinTech
FinTech
New York State Mandates Stores to Accept Cash Payments
New legislation aims to protect cash transactions across the state.Highlights: New law requires New York stores to accept cash payments.Legislation aims to ensure access for all customers.Fines imposed for...
FinTech
PRA Issues £2 Million Penalty to Bank of London for Integrity Failures
Regulatory body penalizes the bank due to integrity shortcomings.Highlights: PRA fines Bank of London £2 million for integrity...
FinTech
HSBC Appoints First Chief AI Officer, Strengthening AI Leadership
The bank aims to enhance its AI strategy and innovation.Highlights: HSBC names its first Chief AI Officer to...
FinTech
Revolut Reports Surging Profits as Growth Accelerates
The financial technology firm sees significant profit increases in its latest report.Highlights: Revolut's profits surged significantly in the...
FinTech
SumUp Strengthens Merchant Services with In-App Investing Feature
The new feature aims to enhance financial flexibility for merchant clients.Highlights: SumUp introduces in-app investing for merchant clients.The...
Qatar Central Bank to enable instant payments with new Fawran service
Qatar Central Bank's Fawran Instant Payment Service:Service Launch:Qatar Central Bank is set to launch its new instant payment service named Fawran in...
Egypt’s Alexbank partners Mastercard to advance payments strategy
Mastercard and Alexbank Partnership:Collaboration Overview:Egypt-based Alexbank has partnered with global payments giant Mastercard to enhance its payment solutions strategy.Technology Integration:Alexbank,...
UK fintech Ebury reportedly in talks with banks over potential 2025 LSE debut
Ebury Considering IPO in 2025:Listing Plans:UK-based fintech Ebury is reportedly in talks with several banks about initiating an initial public offering (IPO)...
US neobank Dave achieves profitability over Q4 2023
Dave Neobank Achieves First Quarterly Profit:Profitability Milestone:Los Angeles-based neobank Dave has achieved its first quarterly profit in Q4 2023, almost eight years...
Nationwide Building Society set for £2.9bn takeover of Virgin Money
Nationwide's Potential £2.9 Billion Acquisition of Virgin Money:Agreement for Acquisition:Nationwide, the UK's largest building society, has agreed to potential acquisition terms with...
Société Générale deploys iGTB’s Corporate Treasury eXchange solution
Société Générale Implements iGTB’s CTX Platform:Implementation of CTX Platform:Société Générale, the French banking group, has deployed Intellect Global Transaction Banking’s (iGTB) Corporate...
New York Community Bancorp secures $1bn equity boost following Q4 2023 losses
New York Community Bancorp (NYCB) Raises $1.05 Billion:Equity Capital Raise:NYCB, the parent company of Flagstar Bank, is set to secure $1.05 billion...
Finastra appoints Mike Stawchansky as new senior VP and CTIO
Finastra Appoints Mike Stawchansky as Senior VP and CTIO:Appointment Details:Finastra, the UK-based financial software vendor, has appointed Mike Stawchansky as its new...
Nick Parsons named new Calastone chief technology officer
Calastone Appoints Nick Parsons as CTO:Appointment Details:Calastone, recognized as the world’s largest global funds network, has named Nick Parsons as its new...

