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10x Banking has unveiled a new generation of core banking technology designed to derisk the conversion from legacy ledgers and provide a clear roadmap to cloud-native transformation.
29 July 2024
Lloyds Banking Group and Nationwide have joined an £11 million Series A funding round in Scottish AI fintech Aveni.
US banking regulators have issued a warning on the potential risks associated with third-party deposit arrangements and made a call for more information on the relationships between lenders and fintechs.
26 July 2024
Italy's UniCredit has entered into a binding agreement to acquire the entire share capital of European Banking-as-a-Service platform Vodeno and Belgian digital bank Aion.
24 July 2024
Santander-backed Ebury has reportedly appointed Goldman Sachs to lead a forthcoming £2 billion IPO in London.
22 July 2024
BBVA is opening a global cybersecurity centre in Mexico as part of an alliance with IT services company Telefónica Tech aimed at boosting the bank's defences against a rising tide of security-related threats.
Standard Chartered is among the firms picked to join Hong Kong's new stablecoin issuer sandbox. The announcement comes a day after the island's regulators said they will soon propose a regulatory regime for stablecoin issuers.
19 July 2024
The Bank of England says a 'global payments issue' dealyed high value payments, including house purchases, processed through the national real-time gross settlement system Chaps.
18 July 2024
Allium, a blockchain data platform that works with the like of Visa and Stripe, has raised $16.5 million in a Series A funding round.
The Monetary Authority of Singapore is to commit $100 million in grant funding to support the development of AI and quantum computing technologies in the financial sector.
Meridien, a US holding company which specialises in the global payment, CRM and banking industry, is to acquire a 27% stake in London fintech firm DKK Partners as it prepares to list on the New York Stock Exchange.
JP Morgan is making an equity investment in, and providing a debt facility to, AI-led business-to-business payments platform Slope.
17 July 2024
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