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UK regtech GSS lands £37m in Series A2 funding round

London-based regtech Global Screening Services (GSS) has secured around £37 million ($47 million) in a Series A2 funding round. This round follows an...

Indochina Bank to implement Flexcube core banking system

Indochina Bank (IB Bank), based in Laos (Lao People’s Democratic Republic, Lao PDR), is modernizing its core banking technology. The bank has chosen...

Uzum lands $114m in mix of equity and debt financing, becomes Uzbekistan’s first tech unicorn

Uzbekistan-based tech firm Uzum has secured $114 million in a combination of Series A equity funding and debt financing. The funding round elevates...

UK’s Co-operative Bank to cut 400 jobs as part of cost reduction programme

The Co-operative Bank in the UK is planning to cut around 400 jobs across its business. This move is part of a cost-reduction...

Tide names former SVP George Schmidt as new regional CEO for UK and Europe

George Schmidt, formerly the senior VP of marketing at Tide, has been promoted to the position of regional CEO for the UK and...

Anext Bank in Singapore reportedly receives another $148m investment from parent company Ant Group

Anext Bank, a digital wholesale bank based in Singapore, has reportedly received an additional SDG 200 million ($148.5 million) investment from its parent...

BNY Mellon deploys AI supercomputer from Nvidia

BNY Mellon, a US-based banking heavyweight, has deployed Nvidia’s AI supercomputer, DGX SuperPOD with DGX H100 systems. The deployment was completed ahead of...

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