AI
Citi pens multi-year cloud and AI tech modernisation deal with Google Cloud
Partnership Announcement: Citi has entered a multi-year partnership with Google Cloud to modernize its technology infrastructure with cloud and AI.
Migration Plans: Citi...
Banking
Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora
Banking License: Afin Bank has received an Authorized with Restrictions (AwR) banking license from the Prudential Regulation Authority (PRA).
Launch Timeline: The bank...
Banking
Tompkins Community Bank deploys NCR Atleos’ ATM-as-a-Service
Partnership Announcement: Tompkins Community Bank, headquartered in Ithaca, has selected NCR Atleos’ ATM-as-a-Service (ATMaaS) to modernize its self-service channels in New York and...
Banking
Arab Financial Services lands $50m investment
Funding: AFS secured a $50 million capital injection, aiming to support expansion and scaling efforts.
Headquarters and Presence: Headquartered in Bahrain, with additional...
Banking
Moneybox’s valuation climbs to £550m with new £70m investment
Moneybox Funding: UK-based Moneybox secures £70 million, raising its valuation to £550 million, an 84% increase from 2022.
New Investors: New investors Apis...
Banking
EquiLend names former ION head Rich Grossi as new CEO
New CEO Appointment: EquiLend, a securities lending platform, has appointed Rich Grossi as CEO.
Growth Focus: Grossi’s role is to drive growth and...
AI
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
Deal Overview: Socure, a US digital identity verification and fraud prevention platform, will acquire San Francisco-based risk decisioning start-up Effectiv for $136 million.
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