Business
73 Strings Secures $55M to Expand AI-Driven Financial Intelligence Solutions
73 Strings raised $55M in Series B funding to expand AI-powered financial…
Fintech
Federal Reserve Governor Urges Banking Regulations to Support Innovation
Bowman emphasized that banking regulations should not hinder innovation and competitiveness. She raised concerns about supervisory ratings prioritizing non-core risks over financial stability. She suggested refining regulatory processes to facilitate…
Moneyhub Shuts Down Consumer App and Cuts Jobs to Focus on B2B Services
Moneyhub is shutting down its consumer app to focus on B2B services. The restructuring includes layoffs, with reports indicating around…
Monzo’s COO Sujata Bhatia Resigns After Five Years
Monzo COO Sujata Bhatia is leaving the company after five years. Monzo has grown to 10 million customers and plans…
Mundi Secures $2.5M to Expand Financial Services for Turkish SMEs
Mundi raised $2.5M to expand financial services for Turkish SMEs. The company provides cross-border trade solutions, including free virtual accounts…
Trump Appoints Fiserv CEO to Lead Social Security Administration
Donald Trump names Frank Bisignano to lead the Social Security Administration. Critics express concern over potential impact on Social Security's financial health. Trump's business-focused appointments draw both support and skepticism.
United Fintech Acquires Commercial Banking Applications to Expand Digital Ecosystem
United Fintech acquires Norway-based CBA in its largest deal to date. CBA brings API-driven trade finance and payment tools to…
Santander’s US Digital Bank Surpasses $2 Billion in Deposits Within Months
Santander's Openbank reached $2 billion in deposits four months post-launch. The platform plans to expand services, including CDs and checking…
Cross-Border Payments Gain Speed and Transparency with Digital Advancements
Cross-border payments now offer faster, more secure, and transparent solutions for businesses. FNBO uses Swift GPI to improve transaction tracking…
