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Tag: Worldwide

BIS’ Project Agorá to commence design phase with private sector participants confirmed

Banking Laura M -
Project Overview: Project Agorá, led by the Bank for International Settlements (BIS), aims to explore how tokenisation can...

Crown Agents Bank partners Visa to power cross-border payments in emerging markets

Banking Laura M -
Partnership Overview: Crown Agents Bank (CAB) has partnered with Visa to enhance cross-border payment services for clients in...

Mastercard set to lay off around 3% of global workforce

AI Laura M -
Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees. The layoffs are a...

Apple set to open up access to NFC tech to third-party app developers

Banking Laura M -
Apple Opens NFC Technology: Apple announced that starting with iOS 18.1, third-party app developers in select countries will...

Swiss wealth manager Julius Baer names Goldman Sachs exec Stefan Bollinger as new CEO

Banking Laura M -
Key Points: New CEO Appointment: Stefan Bollinger appointed as CEO, starting "no later than 1 February 2025". Bollinger is...

Revolut announces record $545m profit for 2023

Banking Laura M -
Revolut Annual Financial Report 2023: Key Points Record Financial Performance: Revenue Growth: Revenue surged by 95%, from $1.1 billion...

PayPal hires Srini Venkatesan as new CTO

AI Laura M -
PayPal Appoints Srini Venkatesan as New CTO: Key Points Appointment Announcement: Srini Venkatesan named as PayPal’s new Chief Technology...

Agenda confirmed for Banking Tech Insights, 11 July, London

Banking Laura M -
Banking Tech Insights Event Summary: Event Details: Date: 11 July 2024 Location: Blackfriars, London Duration: Half-day Attendees: Over 70 senior-level...

HSBC CEO Noel Quinn to step down after five years in the role

Banking Laura M -
CEO Retirement: Noel Quinn, the CEO of HSBC, is set to retire after five years in the role. ...

Mastercard to realign organisational structure with three new divisions

AI Laura M -
Organizational Restructuring: Mastercard announces plans to reorganize its teams into three units: Core Payments, Commercial and New Payment...

ICYMI fintech funding round-up: Safty, Ozone API, WealthKernel and Karty

Banking Laura M -
Safty Raises €11.3 Million Danish fintech Safty secures €11.3 million in an investment round led by Upfin. The...

ICYMI fintech funding round-up: Prometeo, Zeal, Detected and Finbridge Global

Banking Laura M -
Prometeo's $13M Series A Funding: Uruguay-based start-up Prometeo secures $13 million in a Series A funding round led...

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OCC Launches AWS GenAI Technology for Enhanced Financial Services

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Revolutionizing transaction processing in the financial industry with AI...

Bitcoin Dip: Cryptocurrencies Suffer $2 Billion Liquidation Losses

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Market turmoil triggers significant sell-offs in digital currencies. Highlights: Bitcoin...

UK Government Unveils Billions in AI Investment Ahead of Budget Announcement

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Strategic funding to bolster the UK's AI sector and...

4 Essential Insights into Stablecoins You Need to Know

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Explore the key aspects driving the growth of stablecoins...

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