FinTech

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 to enhance digital asset operations.Integration focuses on both on-chain and off-chain...

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...

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours...
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Encompass Corporation snaps up CoorpID and Blacksmith KYC from ING

Acquisition Move: Encompass Corporation acquires CoorpID and Blacksmith KYC from ING to enhance its corporate Know Your Customer (KYC) services. Specialization Focus: Encompass, a UK-founded...

US-based Citizens State Bank taps Revio to fuel customer growth

Citizens State Bank Partnership with Revio:Indiana-based Citizens State Bank of New Castle has selected Revio as its analytics and insights provider. The...

JP Morgan Chase-owned WePay reportedly offboards a number of business clients

JP Morgan Chase's WePay reportedly offboards long-standing business clients. The move suggests a potential shift in the bank's strategy away from competing with...

Brazil’s Conta Simples plots product expansion following $41.5m Series B

Conta Simples secures $41.5 million in Series B funding Led by existing investor Base10 Partners Funding to enhance corporate card platform and expense...

Commerzbank forms joint venture with Global Payments for SME payment solutions

Commerzbank and Global Payments form a joint venture, Commerz Globalpay, for digital payment solutions in Germany. Ownership split: 51% Global Payments, 49% Commerzbank;...

Aeon Bank given the go-ahead to commence digital banking operations in Malaysia

Aeon Bank Approval:Aeon Bank, based in Kuala Lumpur and formerly known as ACS Digital Berhad (ADB), has received approval from Malaysia's central...

Singapore’s GXS Bank reportedly receives $109m investment from parent company Grab

GXS Bank Funding:Singapore-based digital banking challenger GXS Bank has reportedly received an additional $109 million investment from its parent company, Grab Holdings. ...

Canada’s Vancity names Wellington Holbrook as president and CEO

Vancity's New CEO:Canadian credit union Vancity has appointed Wellington Holbrook as its new President and CEO, effective from January 15, 2024. Wellington...

WealthCo Asset Management taps Duco to automate manual data tasks

WealthCo Asset Management and Duco Partnership:WealthCo Asset Management in Canada has entered into a partnership with Duco, leveraging Duco's cloud-based Software-as-a-Service (SaaS)...
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