Tag: Banking

Cadence Bank has successfully concluded the sale of its insurance operations to Arthur J. Gallagher & Co. for an impressive $904m in cash. The sale...

Peloton Technologies, a pioneering Canadian FinTech company, has successfully completed its late seed funding round, raising a notable $2m.  The $2m investment, garnered from a...

Marqeta has announced a new new partnership with Credi2 that is poised to reshape bank offerings through an end-to-end instalments platform.

Politically Exposed Persons (PEPs) have been a longstanding concern in the world of banking and finance, with their identification being a crucial element of anti-money laundering (AML) regulatory requirements for over two decades. Recent events, such as Russia's invasion of Ukraine, have propelled PEPs into the spotlight, as even prominent figures in British politics found themselves denied access to their bank accounts due to their PEP status, as Moody's Analytics discussed in their recent white paper.

DataVisor, renowned as the globe's top AI-driven fraud and risk platform, has stepped into the spotlight once again. In a bid to dramatically boost the...

Nationwide Building Society has surged ahead of other banking brands to have the most extensive branch network on the high street.

Flagright and Seis, both renowned players in the FinTech sector, have announced a groundbreaking partnership.

The Basel Committee has put forth a stern call for substantial enhancements in banking supervision, emphasising the necessity of vigilant oversight of banks with unsustainable business models, which it referred to as "outlier" banks.

Monzo, the UK-based digital challenger bank, has made a significant move in its quest to establish a stronger foothold in the US market.

HSBC has become the first UK bank to offer newcomers to the country the option to include international credit history when applying for a credit card.