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...
Splitit delists from ASX as Motive Partners snaps up controlling stake
Delisting from ASX: Splitit, the white-label BNPL provider, voluntarily delisted from the Australian Stock Exchange (ASX) after private equity firm Motive Partners acquired a...
CaixaBank forms GenAI task force with backing from Microsoft, Accenture and Banco BPI
CaixaBank forms a task force to explore generative AI (GenAI) use cases.
The Valencia-based bank has integrated AI into foreign trade and cognitive...
The Clearing House appoints former Truist EVP Sal Karakaplan as new chief strategy officer
Leadership Boost at The Clearing House (TCH)TCH appoints Sal Karakaplan as Chief Strategy Officer.
Operates US-based payment networks, clearing over $2 trillion...
UK fintech Ebury acquires Prime Financial Markets to make African debut
Ebury, a UK-based fintech, acquires Prime Financial Markets in South Africa for an undisclosed sum.
Prime Financial Markets provides intermediary services, treasury evaluation,...
Former Marqeta SVP Jeff Parker joins Paymentology as new CEO
Jeff Parker appointed CEO:UK-based Paymentology announces Jeff Parker as the new CEO.
Parker joins with immediate effect from Marqeta, where he was...
Saudi business lending marketplace Lendo gears up for IPO with $28m Series B
Funding Round Success: Lendo, a Saudi-based business lending marketplace, has secured $28 million in a Series B funding round led by Sanabil Investments,...
Banco Santander migrates corporate and investment banking business to the cloud
Banco Santander migrates its corporate and investment banking business, Santander CIB, to its cloud-native core banking platform, Gravity, launched in May 2022.
The...
Reserve Bank of India outlines plans for new fintech repository and cloud facility for FS firms
Fintech Repository and Cloud Facility:RBI plans to establish a fintech repository and a new cloud facility.
Fintech repository to capture essential information...
DTCC completes acquisition of Securrency, rebrands business as DTCC Digital Assets
DTCC completes acquisition of Securrency
Retires Securrency brand renames business to DTCC Digital Assets
Managed by Lynn Bishop, DTCC Digital Assets to operate...

