Banking
HSBC Sells Sri Lanka Retail Banking Business to Nations Trust Bank Amid Global Retrenchment
As part of a broader strategy to streamline its global operations, HSBC agrees to divest its entire Sri Lankan retail banking arm—including 200,000 customers—to...
AI
IntellectAI Says Future-Ready Wealth Management Firms Must Embrace AI, Personalisation & Operational Agility
IntellectAI outlines key strategies for wealth management firms to stay competitive: adopting AI-powered automation, delivering hyper-personalised client experiences, and transforming operations through cloud-native platforms.
Highlights:...
Banking
Custodian vs Depository: Key Differences in Asset Safekeeping and Ownership
A clear comparison explaining how custodians and depositories differ in legal ownership, roles, liabilities, and investor protection across global financial systems.
Highlights:
Ownership vs Safekeeping:...
Banking
Nvidia Leads £2bn Investment to Supercharge UK AI Innovation & Startup Ecosystem
Nvidia commits £2 billion alongside top VCs to boost infrastructure, startup funding, and academic partnerships in London, Oxford, Cambridge, and Manchester, aiming to strengthen...
AI
WorkFusion Raises $45M Investment to Boost AI Agents for Financial Crime Compliance
The New York-based RegTech company lands $45 million led by Georgian to expand its AI-powered compliance agents — serving top banks in AML, sanctions...
Banking
Q6 Cyber Secures Strategic Funding to Advance Threat Intelligence Solutions
The funding will help Q6 Cyber enhance its cybersecurity threat intelligence platform, expand global operations, and strengthen defenses against digital fraud and cybercrime.
Highlights:
Funding...
Banking
Fintech Bank Lead Raises $70M in Series B Funding to Accelerate Growth
The digital-first lender secures $70 million in Series B funding to expand product offerings, strengthen technology, and drive financial inclusion.
Highlights:
$70M Series B raised...
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