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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Long-serving Barclays exec Matthew Haines leaves for Santander

Matthew Haines, former head of product and partnerships at Barclays, has left the bank after nearly two decades to join Santander UK as...

Twig enters liquidation, becoming latest UK fintech to shut down

UK circular economy fintech Twig, which secured $35 million in a Series A financing round two years ago, is entering liquidation. Insolve Plus...

ICYMI fintech funding round-up: Kafene, General Index, Mesh and Netcetera

New York-based fintech Kafene secures a $15 million growth capital commitment from Trinity Capital for its AI-powered lending platform. Kafene's technology claims to...

Mexican banking heavyweight Banorte taps SAP Fioneer to launch digital bank Bineo

Grupo Financiero Banorte (GFNorte) has partnered with German banking technology provider SAP Fioneer to launch its digital banking platform called Bineo in Mexico. ...

NatWest’s Mettle names Michelle Prance as new CEO

Michelle Prance is announced as the new CEO of Mettle, NatWest's digital-only bank for small businesses and the self-employed. Mettle, launched in 2018,...

Schroders Personal Wealth announces launch of new investment platform

Schroders Personal Wealth (SPW) is set to launch a new investment platform in the summer of 2024, marking a departure from its current...

Southern California Bancorp and California BanCorp trigger $233.6m “true merger of equals”

Southern California Bancorp and California BanCorp, the holding companies for Bank of Southern California and California Bank of Commerce, are initiating a "true...

Offa taps Finova to power new Sharia-compliant property lending platform

Sharia-compliant bridge finance provider, Offa, selects Finova and its Apprivo loan origination tech for a new digital lending platform. Offa, founded in 2019,...

UK open banking fintech Kikapay winds down

Company Closure:London-based fintech Kikapay, founded in 2018, is winding down operations. Platform facilitated single immediate and fixed recurring payments via open banking....
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