Chime expands FinTech horizons with strategic acquisition of Salt Labs
Chime, a leading financial technology entity renowned for its user-friendly banking app, has officially acquired Salt Labs, a pioneering enterprise technology firm dedicated to enhancing the financial well-being of hourly workers.
Monzo introduces groundbreaking security features to combat UK fraud rise
Monzo, the leading digital bank in the UK, recently introduced three innovative security controls—Known Locations, Trusted Contacts, and Secret QR Codes—aimed at bolstering fraud...
GXS Bank secures S$229.5m in new funding from Singtel and Grab
GXS Bank, a prominent digital banking entity, has reportedly received a S$229.5m ($169m) capital injection from notable backers Singtel and Grab, according to a report from Tech in Asia.
Financial wellness platform WeMoney secures $3m, plans $10m+ fundraise
Australian financial wellness platform, WeMoney, has successfully completed a $3m fundraising round, further cementing its position as one of the country’s leading Open Banking players, according to FinTech Australia.
BBVA agrees deal with OpenAI to implement ChatGPT across its workforce
BBVA, a prominent Spanish banking group, has signed a deal with OpenAI to implement ChatGPT across its workforce.
Turkish FinTech Colendi secures $65m funding round led by Citi Ventures
Turkish FinTech startup, Colendi, has successfully raised $65m in fresh funding.
Revolutionising financial data management with KidbrookeONE
Navigating ESG integration presents unique opportunities for differentiation but also brings challenges from a data management perspective.
OUCU Financial enhances digital banking with Tyfone’s nFinia platform
OUCU Financial Credit Union in Athens, Ohio, has become the first Cubus One Digital Banking customer to transition to Tyfone’s nFinia Digital Banking Solutions.
bunq’s GenAI assistant Finn is now fully conversational
bunq, the second largest neobank in Europe, has embarked on a significant enhancement of its AI-powered user assistant, Finn, transforming it into a fully conversational AI.
Younger generations lead scepticism in online banking amid rising fraud concerns
Half of Brits now express heightened caution towards online banking and mobile apps compared to four years ago. This increase in wariness is revealed in new research by the personal finance comparison site finder.com, indicating a steady drop in positivity since 2020.