FinTech

NYSE Parent Invests $600M in Polymarket, Strengthening Market Position

This significant investment signals confidence in the future of predictive markets.Highlights: NYSE's parent company allocates $600M to Polymarket.Investment aims to boost predictive market capabilities.Polymarket continues to innovate in financial...

Nexi Expands SEPA Direct Debit with Danish Banks, Enhancing Payments Integration

Nexi's collaboration with Danish banks aims to strengthen payment services across Europe.Highlights: Nexi partners with several Danish banks...

Lloyds Confirms App Glitch Exposed Data of Almost Half a Million Customers

The significant data breach prompts concerns over customer privacy.Highlights: Lloyds Banking Group admits to a data breach affecting...

Mastercard Restricts Sale of Nets Payments Unit Purchased for $3.2 Billion

Mastercard looks to divest its Nets payments segment as part of strategic realignment.Highlights: Mastercard is seeking to sell...

Saudi Arabia Issues First Major Payment Institution License to Lean Technologies

This marks a significant step in the Kingdom's fintech landscape.Highlights: Lean Technologies receives Saudi Arabia's first major payment...
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Deutsche Bank reportedly makes contact with digital investment fintech Scalable Capital

Deutsche Bank is in early-stage talks with Scalable Capital, a digital investment and broker platform, for a potential investment or partnership deal. FactsDeutsche Bank...

Scotiabank shakes up senior leadership team with new appointments

Canadian banking giant Scotiabank has made several key appointments to its senior leadership team, including the creation of a new role for digital transformation...

Nasdaq appoints former UBS executive Sarah Youngwood as CFO

Nasdaq appoints Sarah Youngwood, former UBS executive, as CFO and EVP from December 1. FactsNasdaq selects Sarah Youngwood as its new Chief Financial Officer...

India’s Yes Bank draws on Zaggle to launch credit cards with spend management capabilities

Yes Bank and Zaggle are collaborating to launch a corporate credit card with spend management features in India, catering to the growing need for...

FSS launches payments technology platform BLAZE

Financial Software & Systems (FSS) has launched 'BLAZE,' an advanced payments technology platform designed for banks and financial institutions. BLAZE can process over 5,000...

Alibaba Cloud launches open-source vision language model

Alibaba Cloud has launched two open-source large vision language models (LVLM), Qwen-VL and Qwen-VL-Chat, capable of comprehending images and texts, answering questions, and more...

Modulus files new order type patent for its white label futures exchange

Modulus, a US-based technology developer, has filed a patent for a new order type called "Automatic Order Autonomy" within their white label futures exchange...

Better.com’s share price stumbles on Nasdaq debut

Better.com had an underwhelming debut on the Nasdaq after going public, with its share price falling by 93%. It went public through a SPAC...

Alpha Bank acquires Orange Money’s Romanian retail business

Alpha Bank Romania, a subsidiary of the Greek Alpha Bank Group, is set to acquire the Romanian retail business unit of Orange Money for...
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