Wirex and Visa Extend Partnership to Boost Web3 Payment Adoption
Wirex and Visa have expanded their partnership to enhance Web3 payment adoption. This collaboration aims to integrate advanced blockchain technology into mainstream financial services, offering users seamless access to decentralized ... Read More
Deutsche Bank Faces Threat to Profit Streak Amid Postbank Lawsuit
Deutsche Bank's ongoing profitability is under scrutiny as a significant lawsuit involving its acquisition of Postbank threatens financial ... Read More
Partior Secures Over $60 Million in Series B Funding for Blockchain-Powered Clearing and Settlement Solutions
Partior, a fintech specializing in blockchain-based clearing and settlement solutions, has successfully raised over $60 million in Series B funding. This significant investment underscores growing confidence in blockchain's role in ... Read More
Escala 24×7 and DANAconnect Partner to Propel GenAI Adoption on AWS for Financial Services
Escala 24x7 and DANAconnect have partnered to boost the adoption of Generative AI (GenAI) on Amazon Web Services (AWS) within the financial services industry. This collaboration aims to leverage GenAI's capabilities to enhance customer ... Read More
BNP Paribas and Ant International Forge Alliance for Cross-Border Payments and Tokenised Deposits
BNP Paribas teams up with Ant International to advance cross-border payments and introduce tokenised deposits for global treasury management, boosting financial services across ... Read More
TBC Bank Uzbekistan Secures $38.2M Investment Boost
TBC Bank Uzbekistan has successfully secured a significant equity investment totaling $38.2 million. This influx of capital is poised to bolster the bank's expansion efforts and strengthen its position in the Uzbek financial ... Read More
Diamond Credit Union Partners with Tyfone to Launch nFinia Digital Banking Platform
Diamond Credit Union has teamed up with Tyfone to introduce the nFinia digital banking platform, aimed at enhancing digital experiences for its members. This partnership is set to provide advanced security features, seamless integration, ... Read More
SoftBank Exits Paytm with $150 Million Loss Amid Market Shifts
SoftBank has sold its remaining stake in Paytm, incurring a $150 million loss. The exit comes as part of a broader strategy to rebalance its portfolio, amidst fluctuating market conditions and a challenging business environment for fintech ... Read More
Wall Street Banks Expect Uptick in Investment Banking Amid Cautious Optimism
Wall Street banks anticipate a resurgence in investment banking activity driven by market stability and increased deal-making. However, caution prevails due to lingering economic uncertainties and regulatory challenges, urging banks to ... Read More
KPMG Launches Digital Hub for Climate Risk Reporting and Opportunities
KPMG has launched a new digital hub aimed at enhancing climate risk and opportunity reporting, catering to the growing demand for transparency and sustainability in corporate ... Read More