Banking Services

Citi Gives New International Money Movement Division a Day in Spotlight
Citi Gives New International Money Movement Division a Day in Spotlight
June 17, 2024  |  Banking

Citigroup is reportedly putting its services business at the forefront of its upgrade project, highlighting how the global movement of money can enhance profitability. The...

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Silicon Valley Bank Rolls Out Enhanced Digital Banking Platform
Silicon Valley Bank Rolls Out Enhanced Digital Banking Platform
October 23, 2023  |  Digital Banking

Silicon Valley Bank (SVB), a division of First Citizens Bank, has unveiled a range of new and updated products and services. Since its acquisition by First Citizens,...

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Plaid Hires Former Expedia CFO Eric Hart Before IPO
Plaid Hires Former Expedia CFO Eric Hart Before IPO
October 18, 2023  |  Personnel

FinTech Plaid has appointed its first chief financial officer (CFO), a step toward a potential initial public offering (IPO). Eric Hart, the former CFO of Expedia,...

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Goldman Warned by Fed Over FinTech Risk
Goldman Warned by Fed Over FinTech Risk
September 01, 2023  |  Bank Regulation

The Federal Reserve has issued a warning to Goldman Sachs regarding risk and compliance oversight at its FinTech unit. The regulatory concerns raised by the...

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MTN Group CEO: Open to Selling Up to 30% of FinTech Business
MTN Group CEO: Open to Selling Up to 30% of FinTech Business
August 15, 2023  |  Digital-First Banking

African telecommunications company MTN Group Ltd. is seeking to include up to three more strategic investors in its telecom unit, said MTN Group CEO Ralph Mupita....

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Stablecoin Debate Divides Along Party Lines During House Hearing
Stablecoin Debate Divides Along Party Lines During House Hearing
April 19, 2023  |  Cryptocurrency

The political parties are reportedly divided over potential congressional action on stablecoin regulations. During a Wednesday (April 19) hearing in the House, Republicans favored reviving...

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Razorpay Debuts Fin Services Suite For Underbanked Businesses
Razorpay Debuts Fin Services Suite For Underbanked Businesses
November 22, 2019  |  B2B Payments

Razorpay, a large payments processing outfit in India, has introduced an array of new services to provide startups, businesses and gig workers in the country...

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UniZest Opens £300K Seed Round For Int’l Student Banking In UK
UniZest Opens £300K Seed Round For Int’l Student Banking In UK
September 20, 2019  |  Investments

UniZest, which provides banking services for international students, revealed it has opened a £300,000 public seed round on cross-border fundraising and trading platform Funderbeam. The...

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Robinhood Nearing A Valuation Of At Least $7 Billion
Robinhood Nearing A Valuation Of At Least $7 Billion
May 29, 2019  |  Fintech Investments

Robinhood Markets, the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. CNBC, citing two people...

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