Porters Raises $27M to Strengthen AI-Driven Backoffice Solutions

Startup aims to enhance efficiency in financial services with new funding.Highlights:...

Westpac Strengthens Workforce Efficiency with Microsoft Copilot

The bank launches AI-driven tool to enhance productivity for employees worldwide.Highlights:...

Barclays US Consumer Bank Strengthens Operations with Call Centre GenAI

Improvements in efficiency noted through AI-driven customer service solutions.Highlights: Barclays US Consumer Bank reports substantial gains from GenAI in call centers.AI technology improves customer service efficiency and reduces wait...

FCA Sues Crypto Exchange HTX Over Illegal Promotions

Regulatory action targets HTX for unauthorized promotional activities.Highlights: FCA files lawsuit against HTX for illegal promotions.HTX accused of breaching financial promotion rules.The action reflects increasing scrutiny of crypto exchanges....
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Betterment Data Breach Exposes 1.4 Million Accounts

Customers urged to monitor accounts following the breach incident.Highlights: Betterment reports a data breach affecting 1.4 million customer...

Amazon Launches Pay by Bank Feature in the UK

New payment method aims to enhance shopping convenience for customers.Highlights: Amazon launches Pay by Bank in the UK.Feature...

FCA Appoints KPMG to Strengthen Open Banking Consensus

U.K. regulator seeks expert guidance to shape future of open banking.Highlights: FCA appoints KPMG to aid open banking...

Nationwide Boosts Digital Signing for Mortgage Deeds

First lender to enable full online signing of mortgage documents.Highlights: Nationwide allows full digital signing of mortgage deeds.This...

FINTECH

Paytech

Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal

Klarna has signed an agreement with a subsidiary...

Santander UK enters open banking payments partnership with Token.io

Santander UK, a subsidiary of Banco Santander, has...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has...

Aleph acquires majority stake in Argentinian PSP Localpayment

Aleph Holding has acquired a controlling equity interest...

Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia

Banked, a UK-based fintech, has acquired Waave, a...

HSBC launches embedded finance venture SemFi with Tradeshift

HSBC has launched SemFi, a new B2B embedded...

Nexi Group lands €220m financing from the EIB

Nexi Group Secures €220M Financing: Italian paytech Nexi...

Solaris to “discontinue major parts” of EMI business

Solaris Discontinues Major EMI Operations: German embedded finance...

Most Popular

Business Identity Startup Duna Raises $30M to Expand Services

Funds will help Duna enhance its business identity solutions.Highlights:...

ANZ Implements Salesforce AI to Enhance CRM System

The Australian bank aims to modernize customer relations with...

FX Hedging Platform Bound Secures $24.5 Million Funding

Investment aims to accelerate growth of FX risk management...

ClearBank Strengthens Team by Hiring Visa’s Neil Drennan as CTO

The new CTO aims to drive innovation at ClearBank.Highlights:...

Apexx Global Secures $10M to Strengthen Payments Orchestration Platform

Funding aims to enhance digital payment solutions for businesses.Highlights:...

BIS Project Strengthens Microservice-Based Settlement Engines

New project by BIS explores advanced settlement technology for...

BBVA Joins Bank-Backed Euro Stablecoin Initiative

The collaboration aims to enhance digital payment solutions in...

Neo Financial Secures $685M for Securitisation Programme

Funding will enhance Neo Financial's portfolio management and growth...

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