Tag: banking
Allica Bank Achieves Unicorn Status After $155 Million Series D Funding
The bank's latest funding round propels it to a valuation exceeding $1 billion.Highlights: Allica Bank raises $155 million in Series D funding.The funding round...
Payoneer Strengthens Its Position with US National Trust Bank Charter Application
Payoneer's move could enhance its services and market reach in the US.Highlights: Payoneer has applied for a US National Trust Bank Charter.The charter application...
BOFE Extends CHAPS Settlement Hours for Improved Efficiency
New settlement hours aim to enhance flexibility in transactions.Highlights: Bank of England extends CHAPS settlement hours from 2024.New schedule aims to enhance transaction efficiency.Initiative...
Engine by Starling Partners with SBS Bank to Strengthen New Zealand Banking
SBS Bank integrates Engine's technology to enhance digital services.Highlights: Engine by Starling partners with SBS Bank for digital enhancement.The partnership aims to improve customer...
JPMorgan Fined $12.18 Million for Risk Reporting Violations
ECB penalizes JPMorgan for serious lapses in risk reporting accuracy.Highlights: JPMorgan fined $12.18 million by the ECB.Penalties stem from risk reporting negligence.Bank failed to...
Deutsche Bank’s AI Strengthens Role in Finance Jobs
AI capabilities are set to transform the finance employment landscape.Highlights: Deutsche Bank is ramping up its AI initiatives.The AI aims to enhance efficiency and...