News - page 155

Finance & Economics

TD Bank Completes Cowen Acquisition

TD Bank Group, based in Toronto, announced the completion of the acquisition of the New York multinational investment bank Cowen Inc.

Finance & Economics

Revolut Reports First Annual Profit

Financial technology company Revolut, which specializes in providing banking services, has received its first annual profit.

Finance & Economics

Wise Rebrands As Customer Numbers Reach 16 Million

Money transfer company Wise has updated its design.

Finance & Economics

Citi Invests in Financial Crime Risk Management Vendor

Quantifind, a provider of financial crime risk management technology based on artificial intelligence, announced the attraction of investment funds for $ 23 million following the results of the financing round.

Finance & Economics

Intesa Sanpaolo Signs Strategic Deal With IBM

One of the largest Italian banks Intesa Sanpaolo announced the signing of an agreement on strategic cooperation with IBM.

Finance & Economics

Walmart Teams Up With Citi on Digital Lending Platform

Walmart and Citi introduce a digital lending platform that connects the retail giant’s network of 10,000 US-based small business suppliers with 70+ lenders that may provide loans of up to $10 million

Blockchain & Crypto

Polygon Introduces Decentralized Zero-Knowledge ID Product

One year after the launch of the Polygon L2 protocol in a closed environment, the blockchain presented its decentralized ID solution that uses zero-knowledge proofs (ZK proofs)

Fintech & Ecommerce

BNPL Provider Zip Exits Markets and Sells Assets in a Rewind of Global Expansion Plans

Australian BNPL firm Zip has reconsidered its plans for international expansion after a 95% stock slump

Fintech & Ecommerce

Fintech myPOS Launches New Products for SMEs

UK-based fintech platform myPOS has launched the next generation of myPOS Go device that allows even micro SMEs to take their business to the new level

Blockchain & Crypto

Hundreds of Bitcoin ATMs Go Off the Grid in 60 Days

In January 2023, the global Bitcoin ATM network declined by 289 machines, with the number of crypto ATMs further cut down in February by 123 machines

Fintech & Ecommerce

Mastercard and Google Launch Google Pay in Kuwait

Mastercard joined Google to strengthen digital payment capabilities in Kuwait with Google Pay offering

Finance & Economics

E-commerce Aggregator Una Brands Lands $30 Million

Una Brands, a Singapore-based e-commerce aggregator, announced the attraction of investment funds for $ 30 million following the results of the Series C financing round.

Finance & Economics

Remitly Ditches Banking App Passbook

Remitly, a company that specializes in money transfers, is closing Passbook, an online bank account for immigrants from the United States.

Finance & Economics

Mantl Signs Financial Plus Credit Union

Financial Plus, a $1.2 billion credit union with 11 branches in Michigan, announced the start of a partnership with Mantl, a leading provider of account creation solutions.

Finance & Economics

UK Challenger and Specialist Bank SME Lending Hits Record High

In 2022, applicant banks and specialized banks in the UK provided more loans to small businesses than traditional large players in the relevant services market.

Finance & Economics

First Fidelity Bank Unveils BaaS Offering

First Fidelity Bank (FFB), a 100-year-old community bank headquartered in Oklahoma City, announced the launch of a next-generation Banking as a Service (BaaS) product.