Tag: banking
Swedish Central Bank Tightens Actions on Banks Over Instant Payments
The central bank of Sweden warns banks on instant payment compliance.Highlights: Swedish Central Bank warns banks about compliance on instant payment solutions.Potential action could...
Upstart Applies for Bank Charter, Strengthening AI Lending Marketplace
The AI-driven lending platform seeks to expand operations with formal banking status.Highlights: Upstart has filed for a bank charter with regulators.The move aims to...
RBC Strengthens Mortgage Offerings with Pinch Acquisition
Royal Bank of Canada acquires tech firm to enhance digital mortgage services.Highlights: RBC acquires mortgage technology provider Pinch.The acquisition aims to enhance digital mortgage...
Revolut Strengthens Operations by Achieving Full UK Banking Licence
The fintech firm can now offer a wider range of banking services.Highlights: Revolut receives full banking licence from the UK regulators.The licence allows expanded...
BBVA Boosts Audit Productivity with AI Assistant
The new AI tool aims to streamline auditing processes at BBVA.Highlights: BBVA introduces an AI assistant to improve audit efficiency.The tool automates data collection...
Morgan Stanley to Cut 2,500 Staff Across Divisions
The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various divisions.The firm aims for operational efficiency...