Partnership
FinTech
JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours
New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours of junior bankers.The initiative is part of productivity enhancement efforts.Focus on...
FinTech
Goldman Sachs to Implement Performance-Based Staff Cuts in April
The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...
FinTech
Nasdaq Secures SEC Approval for Trading Tokenized Securities
This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...
FinTech
Aveni Launches Agentic AI Council to Enhance AI Ethics
New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...
FinTech
Starling Bank Strengthens Services with Agentic AI Money Manager
The new feature aims to enhance personal finance management for customers.Highlights: Starling Bank introduces an AI-powered money manager.Agentic...
BBVA partners OpenAI to deploy ChatGPT among its employees
Deployment Details:Licenses: 3,000 ChatGPT Enterprise licenses distributed to employees in central services in Spain
Future Plans: Extend licenses to employees in other...
OUCU Financial Credit Union to migrate to Tyfone’s nFinia digital banking platform
OUCU Financial Credit Union Migrates to Tyfone’s nFinia Platform:Credit Union Overview:Name: OUCU Financial Credit Union
Location: Ohio, USA
Assets: $483 million
Members:...
LGT in Liechtenstein taps Finastra for instant payments
Partnership Announcement:Entities Involved: LGT (private banking and asset management group) and Finastra (provider of financial technology solutions).
Objective: Launch instant payment services....
Santander and Iberpay in Spain join EPC’s OCT Inst scheme as inaugural participants
Overview:Participants: Spanish banking giant Santander and payment services firm Iberpay.
Scheme: One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) by the European Payments...
BNP Paribas set to buy French life insurance business Neuflize Vie from ABN Amro and AXA
BNP Paribas Cardif Acquires Neuflize Vie: Key PointsAcquisition Overview:Acquirer: BNP Paribas Cardif.
Acquiree: Neuflize Vie.
Sellers: AXA and ABN Amro.
Parent Companies: Neuflize...
Bank Muamalat signs long-term partnership with Backbase for Engagement Banking platform
Partnership and Platform Details:Partnership: Long-term collaboration with Backbase.
Objective: Launch a digital Islamic banking super-app for retail customers.
Supporting Technologies:Core Banking Platform:...
UK challenger Chetwood Financial acquires lender CHL Mortgages for Intermediaries
Overview:Entities Involved: UK digital challenger Chetwood Financial and CHL Mortgages for Intermediaries (CMI), purchased from Barossa Asset Purchaser Sarl.
Purpose: Expansion of Chetwood's...
BIS opens call to private sector participants for Project Agorá
Objective:Collaborate with private sector financial institutions to explore tokenisation in wholesale cross-border payments.
Develop a multi-currency ledger for cross-border payments using tokenised commercial...
Chiba Bank to deploy Moneythor personalisation engine for Chibagin app
Partnership with Moneythor:Chiba Bank partners with Singapore-based fintech Moneythor to enhance personalised banking experiences.
The bank will utilize Moneythor’s financial services personalisation...

