Santander Bank Enlists SigFig for Digital Investment Tools
Santander Bank, N.A. announced the expansion of cooperation with SigFig to create investment and advisory solutions for its clients through Santander Investment Services.
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Wells Fargo Launches Digital Platform for Wealth Management Customers
Wells Fargo has announced the imminent launch of a digital platform for money management and money tracking.
NatWest and NAB Recommend Australia to Create Organization Modeled on OBIE
NatWest Bank and National Australia Bank (NAB) of Australia announced the need to consider the possibility of creating an organization in the Australian financial system like the British OBIE, which would help ensure the maximum level of efficiency of interaction between industry representatives and regulatory authorities.
JPMorgan Restricts Staff Use of ChatGPT
The management of JPMorgan Chase has decided to establish a ban on the use of the chatbot ChatGPT by employees of the company.
Binance Partners Ingenico to Enable In-Store Crypto Payments
French POS terminal manufacturer Ingenico has teamed up with the crypto exchange Binance to test in-store cryptocurrency payment acceptance that doesn’t require additional hardware
Saldo Bank launches in Lithuania
Finland-based fintech Saldo Bank, focused on automated credit solutions, has introduced term deposits services along with loans for consumers and SMEs across Lithuania
Euronext Makes €5.5 Billion Indicative Offer for Allfunds
The exchange operator Euronext has made an indicative offer to purchase the B2B wealth-tech Allfunds platform.
ECB to monitor Digital Transformation Efforts at Banks
The European Central Bank plans to conduct targeted reviews and inspections due to the identification of shortcomings in the digital transformation strategies of banks.
Phos Brings Tap-to-Phone Tech to US With Thrive Payments
Bulgaria-based softPOS system Phos enabled payment gateway Thrive Payments to bring its Tap-to-Phone payment solution to merchants in the US
Exploring the Benefits of Open Banking Initiative for Internet Security: How It Can Help Protect Users in the UK
Changes in the financial sector are the way to improve all areas of life. The fact is that such tools can be seen everywhere today, even in gambling. In essence, open banking simplifies customers’ lives and makes such interactions more secure. How is this possible, and does it help players in the virtual world? Let’s […]
Swarm Launches Tradable Stocks on Blockchain
Swarm, a regulated blockchain platform, has announced the launch of the world’s first public investment offer for AAPL. TSLA and two network ETFs of US Treasury bonds.
GB Bank Uses Almis Treasury Solutions
GB Bank, which received a full banking license in August 2022, decided to use additional ALMIS International products.
US Credit Card Debt Reaches $1 Trillion, While Delinquency Rates Rise
The New York Federal Reserve estimated that US credit card debt reached nearly $1 trillion in the fourth quarter of 2022, growing by a record $130 billion annually. The rise in delinquencies and charge-offs makes credit card issuers prepare for the worst
Natwest Waives Customer Charges for Pocket Money Cards
Natwest Bank customers will continue to enjoy free access to prepaid children’s debit cards from this financial institution.
Social Investing Platform eToro Secures NYDFS Licenses
The American subsidiary of eToro, an Israeli social investing platform, received its money transmitter and virtual currency licenses from the New York State Department of Financial Services (NYDFS)
Crypto Startup Klink Finance Gains EU Licence
Klink Finance, a crypto startup based in London, has received initial permission to provide services in the European Union.
Finance & Economics
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