/wholesale
With 500,000 businesses now on its books, digital challenger Monzo has launched a new subscription-based premium product plan, opening up a host of new services.
16 October 2024
/retail
Zopa Bank has won a deal with high street retailer John Lewis to to offer personal loans to its 23 million customers.
/security
Banking co-operative Swift is rolling out an AI-powered anomaly detection service to help banks proactively detect and defend against potential financial crime.
/people
Lilia Christofi, formerly Microsoft’s head of banking in Emea, has joined PwC to lead the consulting firm's financial services data and AI team.
/crypto
The Depository Trust and Clearing Corporation (DTCC) has created a sandbox to test groundbreaking technology for the digital asset industry.
Ripple is preparing to launch a US dolar denominated stablecoin, roping in a host of exchange partners and customers in the digital asset industry.
15 October 2024
German Banking-as-a-Service company Solaris is set to lay off a third of its workforce with the majority of job losses hitting its British subsidiary Contis.
/payments
Barclays Bank has snapped up the General Motors card business from current issuer Goldman Sachs.
The BBC has found that Revolut was named in more reports of fraud in the last financial year than any of the major High Street banks.
Banks in New Zealand have begun the phased roll out of Confirmation of Payee, using technology supplied by UK fintech obconnect.
/startups
Rerail, an angel fund for fintech startups, has closed on a $20 million warchest.
/sustainable
Team AgriEco Hub and Team 3 (NatureDelta) have been announced as the winners of this year’s hackathon, which took place in partnership with NayaOne alongside the conference.
14 October 2024
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.