Investments
FinTech
NatWest to Shut 32 Branches, Tightening Its Retail Network
The bank aims to streamline operations amid changing customer habits.Highlights: NatWest to close 32 branches in a strategic restructuring.The decision reflects a shift towards digital banking.Customers are increasingly using...
FinTech
Novum Secures UK Pension Fund Backing, Strengthening Fintech Growth
Funding supports expansion of innovative financial services in the UK.Highlights: Novum has received investment from a UK pension...
FinTech
Apax Spins Out Finastra Treasury and Capital Markets Business, Strengthening Focus
Finastra's TCM unit now operates under the new brand Teciem.Highlights: Finastra's Treasury and Capital Markets unit has been...
FinTech
TSB Warns of Spike in Romance Scams Amid Rising Online Fraud
Recent increase in romance scams targets vulnerable individuals.Highlights: TSB reports a dramatic increase in romance scams.Victims often lose...
FinTech
TSB Warns of Spike in Romance Scams Affecting Customers
The UK bank alerts clients about increasing incidents of online fraud.Highlights: TSB reports a significant increase in romance...
Resistant AI Secures $25M Series B Funding to Advance AI-Powered Fraud Detection
AI-driven fintech security firm Resistant AI raises $25 million in a Series B round to strengthen its fraud detection technology and expand into new...
Bite Investments Raises $25M Growth Capital from NewSpring
UK-based fintech Bite Investments secures $25 million in strategic funding from NewSpring Capital to expand its team, scale its flagship SaaS platform, and accelerate...
Light Raises $30M Series A to Fuel US Expansion and AI Accounting Automation
Danish fintech Light secures $30 million in Series A funding led by Balderton Capital to scale its AI-native accounting platform, open a New York...
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...
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:...
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:...
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...
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...
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...

