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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Hinckley & Rugby Building Society appoints Barry Carter as new CEO

New CEO Appointment:Barry Carter appointed as the new CEO of Hinckley & Rugby Building Society. Effective from 2 January 2024.Professional Background:...

UK neolender Updraft secures £272m in mix of debt and equity funding

Updraft, a UK neolender, concludes a successful year with £272 million in debt and equity funding. £250 million forward flow arrangement secured with...

Dutch neobank Bunq launches self-built GenAI platform for customers

Bunq's New GenAI Platform: FinnDutch neobank Bunq, the second largest in Europe, unveils GenAI platform called Finn. Finn replaces the app's search...

DfT director Dan Moore joins PSR as head of strategy and intelligence

Moore joins the PSR’s executive team, which recently welcomed Oliver Hanmer and Natalie Golding in key roles. As head of strategy and intelligence,...

CSI snaps up partner Hawthorn River for single-platform loan origination system

CSI Acquisition: CSI, a US fintech solutions provider, has acquired Hawthorn River for an undisclosed sum to enhance its loan origination capabilities. Hawthorn River...

US fintech start-up SellersFi secures new credit facility of up to $300m

SellersFi, a New York-based fintech start-up, secures a new credit facility of $135 million, expandable to $300 million. Citi and Fasanara Capital are...

Demystify Podcast: Demystifying Saudi fintech with Naif AbuSaida, founder & CEO of Hakbah

Naif AbuSaida, CEO of Hakbah, was featured on the last 2023 episode of Demystify Podcast. Naif's diverse journey: media personality, utilities, and transition...

Ncontracts snaps up Quantivate for an undisclosed sum

Acquisition Announcement:Ncontracts, a US-based risk, vendor, and compliance management software provider, has acquired Quantivate.Strategic Move:Ncontracts aims to strengthen its position...

Credit Karma co-founder Nichole Mustard reportedly departs firm

Leadership Departures:Nichole Mustard, co-founder and chief revenue officer of Credit Karma, has left the company. Mustard, along with two other founders, launched...
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