Payments

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...

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...

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...

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...

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...
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UBS Appoints Chief AI Officer to Drive Innovation

Strategic Leadership in AI: Shaping the Future of Banking at UBSHighlights: UBS has appointed a Chief AI Officer to lead its AI initiatives.The new...

Ripple Expands Reach with $1B GTreasury Acquisition Targeting Corporate Treasury

Exploring Ripple's Strategic Move to Enhance Treasury Solutions for CorporationsHighlights: Ripple has acquired GTreasury for $1 billion, enhancing its offerings in corporate treasury solutions.The...

HSBC and Juspay Partner on Innovative Full-Stack Acquiring Platform

Transforming Payment Solutions for Seamless Transactions in the Digital EraHighlights: HSBC and Juspay join forces to create a comprehensive payment platform.The partnership aims to...

Deel’s Valuation Skyrockets Past $17 Billion Following Fundraising Success

Exploring the Impact of Investment on Deel's Growth and Future ProspectsHighlights: Deel has achieved a valuation exceeding $17 billion after a recent fundraising round.The...

Klarna to Launch Digital Wallet and Debit Card in the UK

Transforming Online Shopping: Klarna's Innovative Financial SolutionsHighlights: Klarna is introducing a new digital wallet and debit card in the UK market.The launch aims to...

SBS Discusses the Changing Face of Banking: Regulatory Challenges and the Importance of Financial Inclusion

Exploring the Future of Banking in a Regulated EnvironmentHighlights: The banking industry is undergoing significant changes due to digital transformation.Regulatory compliance is essential but...

S&P Global Acquires Private Markets Data Firm for $18 Billion

A Strategic Move to Enhance Data Solutions Amid Market GrowthHighlights:S&P Global announced an $18 billion acquisition of a private markets data firm. This...

Santander Merges Openbank with Consumer Finance Unit in Europe

A Strategic Move to Strengthen Digital Banking in the European MarketHighlights:Santander has officially merged its digital bank Openbank with its consumer finance unit. ...

OCC Approves New Bank Aimed at Boosting Innovation Economy

A significant step towards fostering innovation through a new banking institution.Highlights:The Office of the Comptroller of the Currency (OCC) has approved a new...
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