Monzo has taken a decisive step in reshaping its international strategy, withdrawing from the US market, while simultaneously launching operations in Ireland. The moves signal a recalibration of its ...
Monzo has retained investment bankers from Morgan Stanley and Qatalyst to assist with the process. Credit: Ascannio/ Shutterstock.com. Brazilian digital banking group Nu Holdings has opened ...
The transaction gives Bank7 entry into New Mexico. Credit: Pavel Kapysh/ Shutterstock.com. Bank7 Corp has agreed to buy all outstanding common stock of Century Financial Services Corporation in a cash ...
The holding will remain capped below 9.9%. Credit: Manuel Esteban/ Shutterstock.com. BPCE has secured an interest of roughly 7% in Banco de Sabadell through a combination of market transactions and ...
The company’s financial services business expanded 48% year on year. Credit: Summit Art Creations/ Shutterstock.com. Workflow platform Creatio will invest $300m into its Bank.AI between 2026 and 2028, ...
The bank is getting ready to widen AI use beyond employee support tools. Credit: Werner Lerooy/ Shutterstock.com. Danske Bank expects its employee base to decline further over the next few years as ...
National Bank of Egypt and Banque Misr are both owned by the Egyptian state. Credit: Brookgardener/ Shutterstock.com. National Bank of Egypt (NBE) will assume control of Banque Misr’s operations in ...
The German state owns about 13% of Commerzbank. Credit: Vytautas Kielaitis/ Shutterstock.com. Commerzbank could acquire UniCredit’s German subsidiary HVB through an equity-funded transaction as the ...
RedotPay has submitted more than 20 further licence applications across other states. Credit: Tapati Rinchumrus/ Shutterstock.com. RedotPay has obtained its first two lending licences at state level ...
Technical deployment relies on the Oracle Blockchain Platform and Oracle Digital Assets Data Nexus. Credit: PJ McDonnell/ Shutterstock.com. Oracle has integrated its banking software suite to Swift’s ...
Bank of England received autonomy over monetary policy in 1997. Credit: Mistervlad/ Shutterstock.com. The UK Parliament’s Treasury Committee has opened an inquiry into the Bank of England to determine ...
If a significant proportion of APP fraud starts on social media, should platforms continue to be financially insulated from the harm they help facilitate? Image credit: Thrive Studios ID/shutterstock ...
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