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banking 5 | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Tag: banking

HSBC reportedly considering sale of its South African business

HSBC Holdings is reportedly considering selling its South African business to focus on Asian markets, according to Bloomberg. ...

ABN Amro goes live with CBA’s IBAS TDD software and nCino’s cloud banking platform

ABN Amro has implemented new technology from nCino and Commercial Banking Applications AS (CBA) to accelerate its digital...

USAA president and CEO Wayne Peacock to retire in 2025

Wayne Peacock, President and CEO of USAA, plans to retire in the first half of 2025 after a...

US fintech Amount lands $30m in fresh funding to advance AI capabilities

Funding Round: Amount, a digital origination and decisioning SaaS platform, raised $30 million in its latest equity funding...

CaixaBank doubles down on generative AI with launch of GalaxIA project

Second Phase of GenAI Initiative: CaixaBank is launching the second phase of its generative AI project, named GalaxIA,...

Revolut becomes Europe’s most valuable private tech firm after $500m employee share sale

New Valuation: Revolut has become Europe’s most valuable private tech company, now valued at $45 billion after a...

MAS to commence quantum-proofing cybersecurity trials with banks “in the coming months”

Here’s a summary of the collaboration between the Monetary Authority of Singapore (MAS) and various banks to address quantum...

Ohio’s first female-led bank Fortuna nears launch after raising $20.7m

New Start-Up Bank:Fortuna Bank, an Ohio-based start-up, is preparing to launch after securing $20.7 million in funding...

Banking Tech Awards 2024 nominations deadline extended to 6 September

Extended Nomination Deadline:The deadline for nominations has been extended to 6 September 2024 to accommodate delays due...

Scotiabank buys 14.9% stake in KeyCorp for $2.8bn

Investment Details:Scotiabank has agreed to acquire a 14.9% pro-forma ownership stake in KeyCorp, the parent company of...

ClearBank secures new Credit Institution Licence from the ECB to expand into Europe

ECB Licence Granted:ClearBank Europe N.V., the European branch of ClearBank, has been granted a Credit Institution Licence...

ClearBank secures new Credit Institution Licence from the ECB to expand into Europe

ECB Credit Institution Licence:ClearBank Europe N.V., the European entity of London-based ClearBank, has been granted a Credit...