AI and Automation Reshape Corporate Finance Strategies
Corporate finance adopts AI and automation to improve efficiency and decision-making. FinTech evolves into a strategic enabler, addressing B2B inefficiencies…
Trump Media Launches Truth.Fi to Expand into Crypto and ETFs
Trump Media debuts Truth.Fi to offer crypto and ETF investment options. Partnership with Charles Schwab involves managing $250 million in…
Lloyds Bank Cuts 136 Branches as Customers Turn to Digital Banking
Lloyds Bank will close 136 branches by March 2026 due to digital banking growth. Regulators emphasize maintaining access to cash…
Yavrio Secures $2.4M Seed Funding to Simplify ERP Banking Processes
Yavrio secured $2.4M to optimize ERP-based banking workflows and expand globally. Its platform automates financial tasks, addressing inefficiencies and reducing…
Synchrony Reports Sharp Earnings Growth Despite Mixed Credit Performance
Synchrony’s Q4 2024 earnings rose 76% to $774 million year-over-year. Net charge-offs climbed to 6.45%, reflecting evolving consumer credit conditions.…
Vyne Ends UK Operations Following Tarabut Acquisition
Vyne will cease UK operations by April 2025 due to strategic realignment. Tarabut plans to expand Vyne technology in Bahrain,…
Experts Urge Simpler Process to Boost U.S. Bank Creation
Experts advocate for overhauling the U.S. bank chartering process to encourage innovation. Recommendations include streamlined guidelines, deadlines, and reduced application…
SoFi Expands Beyond Lending with Strong Growth in Financial Services
SoFi’s financial services products drive 89% of its total product growth in 2024. Membership count surpasses 10 million, reflecting a…
Method Financial Secures $41.5M to Boost Consumer Financial Connectivity
Method Financial raised $41.5M to expand its consumer-permissioned financial connectivity platform. Its APIs integrate with 15,000 financial institutions, supporting over…
HSBC Closes Zing App, Signals Strategic Shift
HSBC confirmed the closure of its Zing cross-border payment app after one year. The decision is part of cost-saving measures…
