Tag: banking
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...
Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position
The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce IT expenditures.The move aims to position...