American Express to launch online payments services
American Express is planning to launch a service to enable UK consumer quickly and securely pay for goods and services online and on the go directly from their bank account.
Lloyds Bank builds “The Rat” to sniff out fraudsters before they attack
Lloyds Bank has created a new digital security tool to hunt down fraudsters before they have a chance to attack.
Third of global banking industry adopt UN’s responsible banking goals to fight climate change
Banks with more than $47tn in assets and representing a third of the global industry have committed to do their part to curb climate...
Commerzbank cuts 4,300 jobs in company revamp that will see it “invest significantly in...
Frankfurt-based Commerzbank will reduce its workforce by 4,300 people and close 200 branches amidst struggles with falling revenues.
The SEC alters Dodd-Frank rules for broker-dealers
The Securities and Exchange Commission (SEC) has adopted new recordkeeping and reporting rules for security-based swap dealers and major-based swap participants which increase the need of tracking.
Peer-to-peer lender JULO has expanded its Series A round by $10m
Indonesian peer-to-peer lender JULO has extended its Series A funding round with $10m
HP acquires end-point security startup Bromium for undisclosed amount
Technology developer HP has acquired end-point security startup Bromium for an undisclosed amount.
Six insurance firms team up to launch InsurTech accelerator BrokerTech Ventures
Six insurance firms have come together to establish BrokerTech Ventures, an accelerator program for next-generation technology solutions for insurance agencies and brokerages.
Challenger bank Penta flexes its muscles by attracting over 10,000 customers
Berlin-based neobank Penta has past the significant 10,000 business customers milestone.
Equitivo teams with Brismo to give investors accurate due diligence
FinTech consultancy Equitivo is partnering with Brismo to provide institutional investors with accurate due diligence into loan investment opportunities.