Banking-as-a-Service (BaaS) platform Unit has raised $51 million in a Series B funding round, the company said in a Thursday (June 17) announcement. Get the...
U.K. digital wealth manager Nutmeg will soon become part of JPMorgan Chase, the company announced Thursday (June 17). Get the Full Story Complete the form...
Like many financial innovations, open banking still seemed exotic in 2018 when momentum began building. What the sector didn’t foresee was a global crisis propelling...
Financial institutions (FIs) of all shapes and sizes say the Paycheck Protection Program (PPP), having presented a slew of challenges for many lenders, offered some...
Although the total number of banks that use artificial intelligence (AI) to assess credit risk has tripled in the past three years, those gains have...
Small businesses banking with Citi’s CitiBusiness unit won’t have the option in Singapore by mid-August as the U.S. giant shutters that division, the company said,...
In today’s top news in digital-first banking, Novo has notched $40.7 million in venture capital, while India’s FamPay has landed $38 million in venture capital....
Societe Generale has tapped banking software firm Temenos to update the account management and payment infrastructures for its global transaction banking operations in Asia and...
Morgan Stanley analysts have said a digital euro might preclude a decline of 8 percent of consumer deposits from euro zone banks, Reuters writes. Get...