FinTech

Venmo Strengthens Global Transfers by Allowing Payments to PayPal Accounts

Venmo users can now send money internationally to PayPal accounts.Highlights: Venmo now allows users to send money to PayPal accounts globally.Users can initiate transactions in multiple currencies.This update boosts...

Talos and Nasdaq Strengthen On-Chain and Off-Chain Collateral Workflow

New partnership enhances digital asset handling and collateral management.Highlights: Talos and Nasdaq collaborate to streamline collateral workflows.Partnership aims...

FCA Restricts Use of Sensitive Data in AI Trial with Palantir

Regulatory concerns arise over data handling protocols in AI trials.Highlights: FCA criticized for using sensitive data in AI...

Bank of Ireland Strengthens AI Readiness for Staff Training

New initiatives prepare employees for an AI-driven banking landscape.Highlights: Bank of Ireland launches AI training initiatives for staff.Employees...

MAS Develops AI Risk Management Toolkit to Strengthen Financial Sector

New toolkit aims to enhance risk management within Singapore's finance industry.Highlights: MAS launches an AI Risk Management Toolkit...
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OBL director Alan Ainsworth departs after six-year tenure

Alan Ainsworth has concluded his six-year tenure at the UK's Open Banking Ltd (OBL). OBL, formerly the Open Banking Implementation Entity (OBIE), was...

ID Finance lands $150m debt financing headed by i80 Group

Barcelona-based ID Finance has secured $150 million in debt financing from i80 Group to accelerate the growth of its Plazo app. ID Finance...

RBC’s US subsidiary City National Bank hit with $65m fine from OCC

The US Office of the Comptroller of the Currency (OCC) has imposed a $65 million fine on City National Bank, the US subsidiary...

Duco acquires intelligent document processing start-up Metamaze

Data automation firm Duco has acquired intelligent document processing (IDP) start-up Metamaze for an undisclosed sum. Metamaze, based in Antwerp, Belgium, operates an...

Entrust in exclusive talks to acquire ID verification solutions provider Onfido

Data security solution provider Entrust is in exclusive talks to acquire UK-based ID verification tech firm Onfido. The proposed deal aims to add...

Oregon State Credit Union partners Bankjoy for account opening and loan solutions

Oregon State Credit Union has partnered with US-based banking technology vendor Bankjoy for its online account opening solution to drive new member acquisition...

Puerto Rico’s Segura Bank taps Temenos to power new digital bank

Segura Bank International (SBI) in Puerto Rico has chosen Temenos' cloud-based core banking platform for its new digital bank targeting mid-to-high earners in...

India’s UPI launches in France through collaboration with Lyra Network

The National Payments Corporation of India (NPCI) has partnered with French payment services firm Lyra Network to introduce the Unified Payments Interface (UPI)...

Commercial Bank of Kuwait to upgrade its payment systems with new Network International partnership

Commercial Bank of Kuwait (CBK) has partnered with payment solutions provider Network International for its digital transformation efforts. Network International, headquartered in Dubai...
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